Italy urged that there be no backtracking on a major international taxation agreement at the G20 talks in South Africa, Economy Minister Giancarlo Giorgetti said on Thursday, adding that unilateral ...

Despite this progress, Godongwana acknowledged that challenges persist, particularly in implementing international tax ...

even potentially in cases where U.S.-based multinational companies are paying less than 15% in the U.S. Companies and Republicans have objected to the minimum-tax deal, and Trump’s action Monday ...

But countries that have adopted the 15% global minimum tax may be in a position to collect a "top-up" tax from US companies paying a lower rate. Trump's memo referred to such actions as "retaliatory".

n mid-January, the government published the much-awaited Finance Ministerial Regulation No. 136/2024, officially marking the beginning of the Global Minimum Tax (GMT) era. As a tax professional ...

Countries continue to sign-on to and implement key OECD-led tax policies and negotiators have made “significant strides” on ...

ON Dec 30, 2023, Malaysia enacted law to introduce Pillar Two global minimum tax (GMT) rules for large multinational groups, joining what is now a growing list of more than 30 other countries that ...

Australia’s government is prioritizing developing three categories of guidance for the application of its version of the global minimum tax.

In supporting the OECD and the global minimum tax scheme ... President Trump recommended pulling out of the OECD global tax deal on Day One. We should oppose these harmonization efforts and ...

THE GOVERNMENT may need to rethink its reliance on tax incentives for attracting investment with the onset of global minimum tax rules, the Congressional policy think tank said. The Philippines should ...

Trump distanced his administration from any commitment made by his predecessor to the OECD’s Global Tax Deal. The executive order states that the deal allows extraterritorial jurisdiction over ...

As per the Trump’s statement, the ‘global tax deal’ has no force or effect within ... to bring 140 countries on the same platform to levy a minimum 15 per cent tax on profits of ...