Searched for
OECD PILLAR ONE
US Treasury signals G7 deal excluding US firms from some taxesUS Treasury Secretary Scott Bessent announced a forthcoming deal among G7 nations, potentially exempting US firms from certain taxes impose...- India to evaluate benefits of OECD's global tax deal post US walkout: Finance SecretaryIndia will evaluate joining the OECD's global tax deal after the US withdrawal rendered it impractical to implement. Finance Secretary Tuhi...
- India in wait & watch mode as US pulls out of global tax dealIndia remains cautious about implementing the global tax deal after the US withdrew, calling it unfair. India, a key proponent of the deal,...
- Trump's exit from global tax deal not to hit India from tax collection standpoint: ExpertsThe Trump administration's decision to withdraw from the OECD's global tax deal will impact international consensus on a global minimum tax...
- View: UN framework, more or less taxing?India, along with 110 other countries, has voted in favor of a UN Tax Convention Framework, despite opposition from 48 wealthy OECD members...
- Historic move set in motion for equitable shift in global tax power; India votes for changeIndia voted for a change along with 125 countries in favour of a resolution calling for a 'UN tax convention'. The resolution was passed in...
- OECD comes out with multilateral convention to ensure MNCs fair share of taxes where they operateThe OECD has introduced a new multilateral convention to address base erosion and profit shifting, aiming to ensure that multinational corp...
- G20 leaders decide on swift implementation of crypto reporting frameworkThe G-20 leaders have agreed on the swift implementation of a reporting framework for crypto assets to prevent tax evasion. The framework, ...
- 15% global minimum tax to come into effect next year: OECDGlobal minimum tax of 15 per cent will come into effect from next year and by 2025 almost 90 per cent of MNCs having revenues of more 750 m...
- About 140 nations close to reaching pact on global tax deal for MNCsThe US, India and about 140 other nations are close to reaching a consensus agreement on the overhauling of global tax norms to ensure that...
- Big Tech firms play it safe, await clarity before adjusting India taxesIndia has said it will allow US multinationals to reduce tax liability to the tune of 2% equalisation levy paid in India
- OECD paves way for new global tax regime roll-outThe global tax framework, drawn up by the OECD, has two pillars. Pillar One seeks to ensure a fairer distribution of profits and taxing rig...
- India, US reach settlement on 2% equalisation levyIndia will continue to impose the levy March 31, 2024, or till the implementation of Pillar 1 of the OECD agreement on taxing MNCs.
- View: Global tax restructuring a recognition that the existing system is weakBritain introduced the 'Google tax', India introduced the 'equalisation levy', and a host of other countries took different unilateral meas...
- Facebook, Google, others may tweak structures to comply with OECD tax dealWhat adds to the complexity is that India will have to withdraw the equalisation levy — a 6% tax on advertising on foreign platforms and 2%...
- OECD fixes minimum tax of 15% on MNCs from 2023A milestone global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has finally bee...
- India joins G20-OECD tax framework dealHowever, India will have to roll back the equalisation levy that it imposes on companies such as Google, Amazon and Facebook when the globa...
- Global minimum tax deal: Everything you need to knowThe G20 nations are now expected to endorse a provisional deal reached under the auspices of the OECD, adding momentum to reach a final dea...
- Government reaches out to MNCs over global digital taxIndia would be required to submit its suggestions to the OECD in December and wants companies to point out if there are any issues relating...
- MNC Digital companies may face a minimum level of taxMultinational technology and digital companies may have to cough up a minimum level of corporate tax. The OECD seeks to use financial accou...
Load More
