NEW STAGE OF GLOBAL TAX REFORM

The article considers the new stage of the global tax reform initiated by the OECD/G20 Plan at the end of 2021. The prerequisites and main directions of the new tax plan, its assessment by various parties, international structures and civil society are reviewed. Particular attention is paid to the analysis of positions on the implementation of tax reform in the leading countries: the EU, the USA, the UK. An analysis allowed the authors to come to the following conclusions. The EU is the most active supporter of the global tax reform and ready not only to support the OECD rules, but in some cases to strengthen them. However, due to the diverse interests of 27 countries, there are difficulties and disagreements in adopting the two main Directives in this area. UK policy is more complicated. While expressing its interest in implementing the Pillar II rules, the country's government has so far maintained its own policy on taxing TNCs. The most difficult situation is in the USA. As one of the main initiators of global reform, considering it as an important argument for reforming the taxation system within the country, President Biden faced serious resistance in the Senate. It is still unclear, whether the reform is to be adopted duly. Such delay in the US reform may have a serious detrimental effect on the progress of global reform as a whole, since countries that are "forefront" in implementing new tax rules may find themselves facing a competitive disadvantage. However the US, EU and UK are not the only parties whose support is integral to the success of the global tax reform. The world's largest rapidly growing economies (China, India and Brazil), as well as other developing countries, will play an important role in the successful implementation of global tax reform.