• Mon. Aug 8th, 2022

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  • International community strikes a ground-breaking global minimum corporate tax rate sans Sri Lanka and three others

International community strikes a ground-breaking global minimum corporate tax rate sans Sri Lanka and three others

Major reform of the international tax system finalised yesterday at the OECD will ensure that Multinational Enterprises (MNEs) will be subject to a minimum 15% tax rate from 2023. The…

No more tax tricks! Global minimum tax for corporations could raise 100 billion

What may seem impossible to employees is common practice for multinationals: they shift their profits around the world until they no longer have to pay taxes on them. A global minimum tax…