Christian Kaeser

Christian Kaeser, Global Head of Tax at Siemens AG and co-chair of the OECD tax committee, discusses the recent global minimum tax agreement. He argues that the US carve-out benefits European companies by averting retaliatory taxes. Kaeser critiques the perceived unfairness of the deal but welcomes new safe harbors. He calls for simplification of EU rules, especially regarding controlled foreign companies. With Pillar One stalled, he dubs it a 'zombie' and advocates shifting focus towards growth and economic issues instead.