06.09.2022 Finance Farvest Decrypt International

OECD Tax Chief Pascal Saint-Amans to step down

OECD Centre for Tax Policy and Administration Director Pascal Saint-Amans announced his resignation yesterday on LinkedIn and Twitter – after more than 15 years within the organisation.

Yesterday, Pascal Saint-Amans announced his resignation from the international Organisation for Economic Co-operation and Development (OECD) to pursue other career opportunities: “This is the outcome of a long reflection and I feel privileged to have served this unique Organisation and its members for so many years. I have been incredibly lucky to be in the most exciting place to witness and facilitate the fundamental, and once  in a century changes to the international tax system. The two-pillar deal in October 2021 [on erosion and profit shifting] was the culmination of more than a decade of hard work to introduce a tax regulation of globalisation”.

After working for the French Energy Regulation Committee and Ministry of Finance for more than a decade, Pascal eventually joined the OECD in 2012. He has since spearheaded the fight against multinationals’ tax avoidance – significantly contributing “to international tax policy reform and administration”, as highlighted yesterday by Secretary-General Mathias Cormann in an official statement.

Current OECD Deputy Director Grace Perez-Navarro will be officially appointed ad interim director of the organisation’s tax unit from 31 October until 31 March – when a permanent replacement will take over. This will undoubtedly help the OECD to maintain its momentum on the implementation of its Two-Pillar international reform efforts at a critical time”.