Proposed global tax regime will benefit India: Pascal Saint-Amans, director-tax, OECD

The proposed global tax regime should result in significant revenue for countries including India, said Pascal Saint-Amans, director-tax at the OECD, expressing confidence that negotiations would be completed on time. “The allocation key does favour India, which is a very large market for these (multinational) companies. This is very beneficial compared to the current rules,” he told ET in an interview. Earlier this month, 130 countries and