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Over 130 countries and jurisdictions, representing more than 90% of global GDP, joined a new agreement in July 2021 to reform the international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate. This global tax deal \u2013 the outcome of negotiations co-ordinated by the OECD for much of the last decade \u2013 updates key elements of the century-old international tax system which is no longer fit for purpose in a globalised and digitalised 21st century economy and puts a floor on tax competition by setting a global minimum corporate tax.\n\nGuests: Pascal Saint-Amans\nHost: Lawrence Speer\nProducer: Robin Allison Davis\n\nTo learn more about the OECD's work on tax, go to: www.oecd.org/tax/beps\n\nGet the latest OECD content delivered directly to your inbox! Subscribe to our newsletters: www.oecd.org/newsletters\nFollow us on social media: www.oecd.org/social-media\n\xa9OECD Podcast 2021