Mumbai, Jan. 7 -- The 147 countries and jurisdictions working together within the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have agreed on key elements of a package that charts a course forward for the co-ordinated operation of global minimum tax arrangements in the context of a digitalised and globalised economy, according to a latest update from the Organization of Economic Cooperation and Development (OECD). Following months of intense negotiations, the comprehensive package for a "side by side" arrangement announced today represents a significant political and technical agreement which will set the foundation for stability and certainty in the international tax system. It will preserve the gains achieved so...