OECD Rules Tighten

its chance, of the story’s futures

−0.2%on the S&P 500, if it happens

The Apple case accelerates OECD and national tax authority work on anti-avoidance guidance for Pillar Two planning. The likely result is tighter prospective treatment of profit-routing structures, with limited retroactive damage unless abuse is found.

What it moves

Technology−0.4%

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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