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OECD TAX AGREEMENT
Trump's critical minerals pricing plan faces skeptical G7, divided industryAmerica's plan to control critical mineral prices faces hurdles. G7 nations and the US mining sector are divided. The proposal aims to redu...- Trump's trade chief says 'deal's a deal' for economies with capped US tariffsAmerica's trade representative assures that new tariffs will respect existing agreements. He stated that a deal is a deal for nations like ...
- Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...
- 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...
- 'Broad consensus' on sharing tax revenue on multinationals: OECDThe OECD has published a draft agreement aimed at addressing the issue of multinational companies shifting profits to low-tax countries. Th...
- 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.
- Debate heats up over how countries tax Big Tech companiesThere's a mid-year deadline for talks on a global deal that aims to defuse trade disputes with France and other countries that are imposing...
- Mauritius joins global efforts to curb profit shifting by MNEsThe development also comes months after the island nation, long perceived to be a jurisdiction for alleged illegal fund flows into Indian s...
- Client confidentiality will not disappear, assert Swiss banksSwiss banks today asserted that "bank-client confidentiality" will not disappear and 'automatic information exchange' is not the only solut...
- Black money menace: Switzerland moves closer to automatic tax info exchangeSwitzerland agreed to join global framework that allows automatic exchange of tax info, a move that would bolster efforts of countries in f...
- Swiss process on for amending tax pacts to comply with global normsThe proposed law would allow "Switzerland to swiftly amend its double taxation agreements which do not yet comply with the international st...
- Black money: India signs multilateral agreementIndia has signed a multi-lateral agreement with economic powers like France and Germany to check both tax evasion and avoidance.
- Pardon but collect tax dues: Jeffrey Owens, OECDThe other way is to take a relook at taxes on wealth and net worth and also the structures of personal taxes, consumption taxes or traditio...
- India, OECD to discuss tax reforms todayWith the govt accelerating efforts to strengthen country's taxation system, India and OECD will deliberate on challenges to int'l tax rules...
- India inks pact with Bermuda on exchange of tax informationIndia on Thursday entered into an agreement with the Caribbean tax haven Bermuda for exchange of information to check tax evasion and money...
- India, Switzerland sign revised taxation treatyIndia and Switzerland on Monday signed a treaty that will enable exchange of information on tax evaders.
- Conditions set by OECD for sharing client info: Swiss banksSwiss banks have said that any information exchange would be as per the conditions set out by OECD, the grouping of mostly developed nation...
- Era of banking secrecy may soon come to an endThe Steering Group of Global Forum for Transparency and Exchange of Information for Tax Purpose has proclaimed that the era of banking secr...
- Switzerland moves out of 'grey' list of tax havensThe Organisation for Economic Cooperation and Development has taken Switzerland off from the list of non-cooperative tax havens.
- Be transparent on MNC taxation: OECDOECD asks India to introduce Advance Pricing Agreements between tax authorities and MNCs.
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