Page 3 - Oecd

Energy crisis threatens global economic recovery, says IEA

Oil and natural gas prices have soared to multi-year highs recently, sending power prices surging to record levels as widespread energy shortages engulf Asia and Europe

Will India gain by withdrawing equalisation levy in exchange for OECD deal?

There is little consensus among experts on whether or not the deal will bring in more revenues to India than the equalisation levy

OECD deal to rev up digitisation, says FM Nirmala Sitharaman

In meet with US CEOs, Sitharaman says India offers a spectrum of opportunities to businesses

Taxing multinationals

Govt must protect revenues under the new tax deal

India awaits finality on taxing global MNCs before removing 'Google Tax'

OECD agreement to be deliberated by finance ministers of G20 nations on Wednesday

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

Global corporate-tax overhaul advances as 136 countries sign on

In addition, countries agreed not to impose new digital services taxes as of Friday

Study bats for OECD multilateral approach to tax digital services

Paper by Shardul Amarchand Mangaldas and Jindal Global Law School opposes digital service tax, currently imposed by individual countries, such as equalisation levy by India

Developing nations to gain 1% corp tax from digital tax deal: top OECD exec

In a Q&A, Pascal Saint-Amans, director at Centre for Tax Policy and Administration, OECD says global digital tax and digital service tax by individual countries can't co-exist

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

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

OECD trims India's economic growth forecast to 9.7% for FY22

If the projections come out to be correct, India's economy would be the fastest growing large economy in both these years

OECD urges rich nations to share Covid-19 vaccines to even-up growth

OECD urged developed countries to put more effort into providing low-income countries with coronavirus vaccines in order to ensure that the global recovery from the pandemic is more even

Global inflation spike seen posing near-term risks to economy: OECD

Supply-chain difficulties, surging commodities prompted OECD to raise its forecast for consumer-price gains this year and next in every Group of Seven country aside from Japan

OPEC+ sticks to agreed schedule for oil-production increases

Ministers ratified the 400,000 barrel-a-day supply hike scheduled for October after less than an hour of talks, one of the quickest meetings in recent memory

Digital taxation: How a consensus-based approach may benefit Indian economy

The government has taken a balanced stance by committing to the multilateral approach for addressing tax challenges of digitalisation

Google tax collection jumps 4 times in Q1; Bengaluru tops the list

This comes in the backdrop of India agreeing to the global tax deal proposal at the OECD, which will require New Delhi to withdraw the equalisation levy by 2023

Gaps in tax reform

Details of new global agreement will need to be scrutinised

India's OECD tax deal may have revenue implications, say experts

Could mean India will have to withdraw 2% equalisation levy on firms by 2023

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%

Global tax talks in 10-day sprint as rich nations seek interim agreement

Governments around the world are jostling to safeguard their tax sovereignty and win a bigger share of levies on tech giants.