On September 13, 2022, the OECD released the Stage 2 peer review monitoring reports for few additional countries.

Reports for the following countries were released:
​Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Saint Kitts and Nevis, Thailand, Trinidad and Tobago, United Arab Emirates and Vietnam.
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These reports evaluate the progress made by these 13 jurisdictions in implementing any recommendations resulting from their Stage 1 peer review. They take into account any developments in the period 1 January 2020 – 31 October 2021 and build on the Mutual Agreement Procedure (MAP) statistics for 2016-2020.

Grace Perez-Navarro has agreed to take on the Director role at the Centre for Tax Policy from 1 November 2022 until 31 March 2023.

After 15 years at the OECD, including 10 years as the Director of the Centre for Tax Policy and Administration (CTP), Pascal Saint-Amans will retire from the organisation at the end of October 2022.

OECD Secretary General said: “Grace is exceptionally well suited to this role, given her outstanding credentials and external reputation and her long-term role in leading the work of the Centre for Tax Policy and Administration alongside Pascal. As Deputy Director of CTP since 2007, Grace has been centrally involved in all the important work of CTP, including the Two-Pillar negotiations and the recent establishment of the Inclusive Forum on Carbon Mitigation Approaches.”
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“Grace will be supported by two Acting Deputy Directors - David Bradbury and Achim Pross.”

The OECD held a public consultation meeting on Amount A of Pillar One on September 12, 2022.

The meeting focused on the key questions identified in the consultation document and issues raised in the written submissions received as part of the consultation process.

The event was live streamed and recorded. 

Ireland has adopted the Authorized OECD Approach for attribution of income to a branch or agency of a non-resident company operating in the country.

Section 28 of Finance Act 2021 inserted a new section 25A into the Taxes Consolidation Act 1997 to provide for the application of the “authorized OECD approach”. 
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The rule applies for accounting periods beginning on or after 1 January 2022.

Five EU countries have released a joint statement on implementation of the global minimum effective taxation in 2023.

In a September 9 statement, officials from France, Germany, Italy, Netherlands, and Spain said: “As inflation hits heavily the spending power of our fellow citizens, companies must pay their fair share of the burden to alleviate the impact of the global energy crisis. This is why today we reaffirm our strengthened commitment to swiftly implement the global minimum effective corporate taxation.”

“It is a key lever for further tax justice through a more efficient fight against tax optimization and evasion. At the June 2022 Ecofin, 26 out of 27 EU member states expressed their willingness to implement this important step towards tax justice, and our first goal remains to gather a consensus. Should unanimity not be reached in the next weeks, our governments are fully determined to follow through on our commitment. We stand ready to implement the global minimum effective taxation in 2023 and by any possible legal means.”
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“We are also fully committed to complete the work on the better reallocation of taxing rights from huge global multinationals’ profits with the objective of signing a multilateral convention by mid-2023.”

On 1 September 2022, the Multilateral Convention (MLI) entered into force in respect of Hong Kong. 

Hong Kong signed the convention on 7 June 2017 and deposited its final MLI Position on 25 May 2022.
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Hong Kong has listed 39 tax agreements that it wishes to be covered by the MLI.