Global Tax Treaty

India won't make sovereign commitment on future digital services tax

May delay implementation of global tax deal

Minimum global tax rate should be 25%, says World Inequality Report

A higher rate of 25 per cent will reduce the risk of such a counterproductive outcome

Global tax deal leaves billion-dollar loopholes, analysis finds

The October deal established a global minimum corporate tax rate of 15% aimed at curtailing profit-shifting to lower-tax jurisdictions such as Ireland

Digital tax for US companies to stay until OECD pact comes into force

US to withdraw threat of retaliatory trade action

G20 finance chiefs back global tax deal, pledge to sustain recovery

Finance leaders from the G20 major economies keeping a close eye on inflation

Taxing multinationals

Govt must protect revenues under the new tax deal

Global tax deal seeks to end havens, criticized for 'no teeth'

The 15% floor agreed to is, however, well below a corporate tax rate which averages around 23.5% in industrialised countries.

Google, Facebook and Netflix to pay a minimum global tax at 15%

India introduced equalisation levy for digital advertising services in 2016 at the rate of 6 per cent

Ireland buckles to pressure, joins global minimum corporate tax deal

The Irish government, which initially rejected the agreement, said Thursday it had decided to join the Organization for Economic Cooperation and Development's global minimum tax accord

India in last stage of finalising details on global minimum tax: FM

Finance Minister Nirmala Sitharaman on Wednesday said India is "very close" to arriving at the specifics of the two-pillar taxation proposition at the G20 and is in last stage of finalising details

Global tax talks race to resolve hurdles as time runs out: Report

OECD-led group aims to resolve issues by October 8 gathering

India, other G24 nations call for gradual withdrawal of 'Google tax'

The G24 now pressed for a gradual removal of unilateral measures, simultaneous to revenue gains from the implementation of Pillar 1

Treasury Secretary Janet Yellen agenda bogs down with key posts unfilled

The staffing shortfall has left Yellen's team frustrated with over-stretched portfolios, hurting morale as work to develop and enact policies becomes more difficult

EU unveils climate masterplan to 'give humanity a fighting chance'

The proposals by the EU's executive branch, the European Commission, range from the de-facto phasing out of gasoline and diesel cars by 2035 to new national limits on gases from heating buildings.

Global tax deal gets boost as European Union delays push for digital levy

Over the weekend, G-20 nations agreed on the outlines of a global corporate-tax agreement.

Global corporate tax overhaul faces a rocky road to completion

G20 finance chiefs due to endorse deal at Venice talks; EU faces battle to turn it into bloc-wide law; US Republican misgivings could add hurdles

India agrees to landmark global tax framework on taxing multinationals

India has agreed to a pathbreaking international framework with 129 other countries for taxing multinationals that could impact its ability to tax them

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

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

Govt and businesses want greater tax certainty, says Grace Perez-Navarro

We find countries are willing to do this if they get in exchange greater tax certainty, better dispute prevention, and binding dispute resolution mechanisms