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Page 2 - Latest Updates on Corporation Tax

G-20 finance chiefs back global tax deal and vow to clear hurdles

The landmark agreement aims to revamp rules that have allowed major companies to save billions by shifting profits to low tax jurisdictions

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Updated On : 10 Jul 2021 | 9:13 PM IST

Best of BS Opinion: Related party risks, a new green wave of growth & more

Here are the best of Business Standard's opinion pieces for Wednesday

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Updated On : 07 Jul 2021 | 7:03 AM IST

Shibboleths of the 'ideal' tax system

The time-hallowed principle of focusing on direct taxes is worth questioning

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Updated On : 06 Jul 2021 | 10:36 PM IST

Gaps in tax reform

Details of new global agreement will need to be scrutinised

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Updated On : 05 Jul 2021 | 10:24 AM IST

Best of BS Opinion: Gaps in tax reform, mapping recovery, and more

Here are the best of Business Standard's opinion pieces for Monday

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Updated On : 05 Jul 2021 | 6:30 AM IST

India shifts international tax deal stand with an eye on revenue

India and other developing countries were fighting to include companies with at least Euro 1 billion in revenues as against the final proposal of Euro 20 billion revenues and a profit margin above 10%

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Updated On : 03 Jul 2021 | 6:10 AM IST

130 countries agree to Biden-backed 15% global minimum tax for companies

The deal calls for a global minimum tax of at least 15%, a key element pushed by Biden as he seeks to raise more revenue for his infrastructure and clean energy plans

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Updated On : 02 Jul 2021 | 2:10 AM IST

Yellen, Sitharaman discuss shared interest in 'robust' minimum tax

US Treasury Secretary Janet Yellen on Tuesday discussed a shared interest between the United States and India to implement a "robust" global minimum tax, the Treasury said

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Updated On : 30 Jun 2021 | 2:19 AM IST

G7's Cornwall rendezvous

The group's relevance was tested again

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Updated On : 16 Jun 2021 | 11:36 AM IST

$150-billion prize in sight for global talks on minimum corporate tax

Alongside negotiations on a global minimum rate, the OECD is working on a system to divide up between governments the rights to tax multinationals

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Updated On : 15 Jun 2021 | 12:43 AM IST

Direct tax mop-up zooms 85% in spite of economic disruption due to Covid-19

Trend in contrast to moderation in GST collections last month

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Updated On : 14 Jun 2021 | 6:10 AM IST

Global tax, local complexities: What G7 corporate tax deal means for India

The recent G7 proposal of a global minimum tax has mixed implications for Indian corporations, foreign majors operating here and the tax authorities

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Updated On : 11 Jun 2021 | 6:10 AM IST

World's richest people face tax squeeze after 40% rise in their fortunes

G-7's proposals part of global revival of initiatives to target the rich, from Buenos Aires to Stockholm to Washington.

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Updated On : 10 Jun 2021 | 11:19 AM IST

Tax on multinationals: Much detail needs to be hammered out for G20

The countries aim to reach a consensus at the meeting on the details, as much technical work has already been done.

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Updated On : 07 Jun 2021 | 11:00 PM IST

Best of BS Opinion: Seal a tax deal, the road ahead for SBI, and more

Here are the best of Business Standard's opinion pieces for Monday

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Updated On : 07 Jun 2021 | 6:16 AM IST

G-7 nears deal for at least 15% global minimum corporation tax: Report

The ministers are meeting Friday and Saturday in London and are due to release a statement after the discussions.

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Updated On : 04 Jun 2021 | 10:34 PM IST

Govt's worry on corporation tax revenue front may worsen in coming years

Concern over a falling share of corporation tax revenue may get worse

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Updated On : 19 May 2021 | 4:34 PM IST

A rising tide of old ideas: How world economics has changed in 4 decades

Higher tax rates, central banks pumping out cash, protection for home industry, suppressing interest rates, high social welfare pay-outs - all hark back to pre-Thatcher-Reagan phase - notes T N Ninan

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Updated On : 23 Apr 2021 | 11:27 PM IST

Global minimum tax may impact India's special rate on manufacturing firms

US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms

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Updated On : 15 Apr 2021 | 1:05 AM IST

Corporation tax: Biden says open to compromise on infra, but not inaction

President Joe Biden drew a red line on his $2.3 trillion infrastructure plan Wednesday, saying he is open to compromise on how to pay for the package but inaction is unacceptable

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Updated On : 08 Apr 2021 | 6:59 AM IST