OECD Ministerial Council Concludes First Half... Hong Nam-ki Expects Digital Tax Principles to Be Established in July
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[Asia Economy Reporter Jang Sehee] The Organization for Economic Cooperation and Development (OECD)'s highest decision-making meeting, the mid-year Ministerial Council Meeting, has concluded, the Ministry of Economy and Finance announced on the 2nd.
This meeting, themed "Common Values: Building a Green and Inclusive Future," was held over two days from May 31 to June 1, with Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki attending as the chief representative of our government.
At this council, Deputy Prime Minister Hong emphasized that the international community must cooperate in three directions: resilience, inclusiveness, and innovation, and expressed hope that principles related to the digital tax will be established by July this year.
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Furthermore, the Ministry of Economy and Finance stated, "We plan to continue contributing to discussions and cooperation on responses to global challenges at the second Ministerial Council Meeting scheduled for the second half of the year."
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