News & Analysis as of

G7 Organization for Economic Co-operation and Development

White & Case LLP

AI Watch: Global regulatory tracker - G7

White & Case LLP on

The G7's AI regulations mandate Member States' compliance with international human rights law and relevant international frameworks. Laws/Regulations directly regulating AI (the “AI Regulations”) The G7 nations have...more

Cadwalader, Wickersham & Taft LLP

An(other) OECD BEPS 2.0 Update

The release of the Pillar One and Pillar Two “blueprints” in October 2020, and the recent G7 (June 2021) and G20 (July 2021) meetings, provided an opportunity for further progress to be made on the Pillar One and Pillar Two...more

Holland & Knight LLP

Agreement on Global Tax Reform: What Happened and What's Next

Holland & Knight LLP on

Addressing the tax challenges arising from the digitalization of the economy has been a top priority of the Base Erosion Profit Shifting (BEPS) project of the Organization for Economic Cooperation and Development (OECD)/G-20...more

Skadden, Arps, Slate, Meagher & Flom LLP

Is Tax Competition Dead?

The G7’s support for OECD-backed tax reforms could mark a big step toward a more consistent, revamped global tax scheme — depending on the details and whether it is actually adopted. ...more

Latham & Watkins LLP

G7 Tax Agreement Marks Significant Step Toward Global Tax Reform

Latham & Watkins LLP on

The agreement builds on the two-pillar approach outlined by the OECD and aims to tackle the challenges arising from an increasingly globalized and digital economy. Key Points: ..Under Pillar One, the largest and most...more

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