Manal Corwin has been appointed as the next director of the OECD Centre for Tax Policy and Administration (CTPA) starting on 3 April 2023.
She currently serves as Partner-in-charge of the National Tax Office and Lead Director of the Board of Directors for KPMG, LLP in the United States.
Her appointment follows the recent departure of Pascal Saint-Amans as director of CTPA after 12 years in the role and the statutory retirement of former deputy director and current director of the Centre, Grace Perez-Navarro on 31 March.
Corwin will lead the work of the centre, including attempts to reform international corporate taxation and plans to implement a global minimum corporation tax with the OECD’s so-called two pillar solution.
Pillar One is developing new rules to address the increasing digitalisation of businesses and have multinationals pay more tax where they earn profits from sales rather than where they are tax resident.
Pillar Two aims to target zero- and low-tax jurisdictions, like the Cayman Islands, by setting an effective minimum tax rate of 15%. This would enable the home countries of parent companies to “top up” and collect taxes up to that threshold from subsidiaries in jurisdictions where they are subject to no taxation or lower than 15% tax rates.
Other areas of the OECD’s work touch on tax transparency, the Base Erosion and Profit-Shifting Project against tax avoidance and the OECD’s new Inclusive Forum on Carbon Mitigation Approaches.
Global tax reform plans first agreed by 137 members of the OECD’s Inclusive Framework on Base Erosion and Profit Sharing have been delayed.
What was first hailed as a milestone has proven to be difficult to implement in the tax codes of the countries. Getting 27 EU member states to agree unanimously was long stalled by the objections of Hungary, Poland and others.
Aligning the US tax system with the agreed Pillar Two solution has been blocked by political objections in the US Congress.
The reform originally slated to be implemented, first last year and then in 2023, is now expected for 2024.
The OECD announced it will next week release a new economic impact analysis of the two pillar solution to address the tax challenges arising from the digitalisation and globalisation of the economy.
Corwin is known in the international tax community, having held senior tax policy positions in two separate US administrations and having previously served as a delegate and then vice-chair of the OECD Committee on Fiscal Affairs and as delegate to the Global Forum on Tax and Transparency.
With more than 30 years of experience, she is a former deputy assistant secretary for International Tax Affairs in the Office of Tax Policy in the US Department of Treasury, where she played a key role in launching the Base Erosion and Profit Shifting initiative, drove development of the international standard for automatic exchange of financial account information, and served as head of the US delegation for multiple tax treaty negotiations.
During her time as a delegate to the OECD Committee on Fiscal Affairs, Corwin participated in the consideration of numerous other policy initiatives including the protocol amending the Convention on Mutual Administrative Assistance in Tax Matters, the forum on Harmful Tax Practices, the report on the Transfer Pricing Aspects of Business Restructurings, and the launch of the work to address aggressive tax planning.
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