Page 5 - Inclusive Framework News Today

Yong Chan Lee and Eun Jin Choi of Deloitte Korea provide an update on the application of the OECD’s two-pillar solution and explain how Korean businesses can prepare for amount B’s introduction

KPMG Kuwait’s annual tax seminar Talking Tax came to a close after an eventful showing at the Four Seasons Hotel, Kuwait City.The event was announced so

In our Asia Transfer Pricing Brief for Q4 2023, we discuss annual peer reviews of BEPS Action 13 and Action 5 and MAP statistics for 2022.

KPMG, a professional services company, is hosting an event for corporates to discuss the impact of Kuwaits joining OECD/G20 Inclusive Framework on BEPS. It aims to shed more light on the potential changes to corporate income tax in the oil-rich nation.

KPMG, a global network of professional services firms providing

India, along with 110 other countries, has voted in favor of a UN Tax Convention Framework, despite opposition from 48 wealthy OECD members. The UN has been leading international tax reforms, including combating Base Erosion and Profit Shifting (BEPS) and the ongoing two-pillar solution for digital taxation. However, doubts have arisen about the inclusivity of the inclusive framework for non-OECD countries.

Ignacio Gepp of Puente Sur looks at the hurdles to implementing the OECD’s Pillar Two initiative to introduce a fairer international tax system, including calls from countries for the involvement of the UN, which weren’t foreseen by its architects.

Carola Valente of Crowe Valente/Valente Associati GEB Partners explains the application of the OECD Transfer Pricing Guidelines to financial transactions as multinationals increasingly centralise their treasury functions

Covid-19 vaccinations without prior registration being done at Sector 30 district hospital on June 22, 2021 in Noida, India.

IF the Philippines is bent on beating big tax cheats and stamping out corporate tax abuses, it should support the UN Tax Convention instead of joining the OECD’s tax agenda, according to local civil society organizations (CSOs). In a joint statement, CSO leaders from the Philippines, Indonesia, Zambia, Argentina, Canada…