On September 1, 2023, Tax Executives Institute, Inc. ("TEI") submitted comments responding to the OECD's public consultation document regarding Pillar One - Amount B. TEI recommended the OECD make Amount B an elective safe-harbor for multinational enterprises, increase the scope of the definition of "distributor," and enhance the mechanisms for dispute prevention and resolution, among other things. TEI's comments were prepared under the aegis of its EMEA Direct Tax Committee, whose Chair is Sandra Esteves. Benjamin R. Shreck, TEI Tax Counsel, coordinated the preparation of TEI's comments.
Committee