Achieving fair taxation of multinational enterprises has been a high priority on the international tax policy agenda for a long time, as governments attempt to find an effective solution to the tax challenges posed by the increasing digitalisation of the economy and the resulting changes in value creation processes. One of the international tax community's main aims in recent years has been to change the way taxing rights are distributed and to introduce a global minimum effective tax.

A crucial signal in favour of multilateralism, cross-border cooperation and fair taxation was sent out on 1 July 2021: The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting agreed on a two-pillar solution to address the tax challenges arising from the digitalisation of the economy. At latest count, 134 countries have joined this historic agreement. In the coming months and years, a fundamentally new taxsystemwill be introduced into the world economy.

In light of these impending global changes, the German Federal Ministry of Finance's 8th International Tax Symposium on 26. October 2021 will focus on the future of taxation, particularly with regard to international corporate tax reform and the outcomes of the OECD's two-pillar project. We are pleased to invite you to this event.

Please register no later than 15. October 2021 at https://bmf-bund.webex.com/bmf-bund-en/j.php?RGID=r156b1970b43b73f7513e4bdd4e4f3ef9.