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In this episode of Tax Notes Talk, Tax Notes chief correspondent Stephanie Soong discusses how the Trump administration’s tax ...
For getting into the details, why don't we start with pillar 2? As I mentioned, we talked about this back in July. What have been the updates since then? Stephanie Soong: At the OECD, the ...
EU member states reached agreement in principle to implement at EU level the minimum taxation component, known as Pillar 2, of the OECD’s reform of international taxation. The ambassadors of EU member ...
Following his Liberal Party’s election victory, one source expects Mark Carney to follow the international consensus on ...
Given this foundation, the adoption of the global minimum tax under Pillar 2 comes as no surprise ... The UAE, being a member of OECD and being a signatory to the Inclusive Framework (IF) on ...
Pillar one consists of a surtax on the world’s largest companies, primarily American tech and pharma firms. Pillar two imposes a minimum effective tax rate of 15% on companies. This was supposed ...
U.S. Treasury Secretary Janet Yellen expressed efforts to salvage a key aspect of the global corporate tax deal, targeting highly profitable multinational firms. According to Reuters report ...
In a major setback, India will have to give up on its much-contentious equalisation levy or the so-called ‘Google Tax’ as part of the global tax deal agreed by 136 countries late on Friday.