Pillar Solution News Today

Slovenia and Croatia adopted the Minimum Tax Act (MTA). The MTA implements Directive (EU) 2022/2523 to ensure a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the EU. The latter is a consequence of the OECD’s global fight against tax base erosion within the scope of Pillar II.

According to him, taxation had become a key source of funding for nations, and Nigeria was not an exception.

Treasurer Jim Chalmers delivered the Albanese government’s second federal budget on Tuesday evening, 9 May, outlining a number of key measures alongside a slim surplus.    

We discuss the latest OECD implementation guidance and the impact of the China BEPS 2.0 minimum tax rate on multinationals.

UK statement on Tax delivered at UN Second Committee

137 members of the OECD/ G20 IF on BEPS agreed to a sweeping overhaul of the global tax system by way of a two-pillar solution. This agreement to prevent BEPS is envisaged to transform a century old international taxation system by the adoption of the Two-pillar Solution.

Just when it appeared that discussions concerning global government agreement on a minimum tax for multinational companies were coming to a head, it looks more likely now that a fully-formed global...

[This piece has been published in Restoring America to highlight how Biden's proposed tax hikes would exacerbate the inflation crisis.]

The Australian Labor Party recently claimed victory in the Australian Federal Election, with Anthony Albanese sworn in as the new Australian Prime…

In its current form, globalization has exacerbated inequalities. Globalization 2.0 must address the political ramifications and power imbalance of these cleavages, particularly in trade, data and technology, finance, tax, and climate change policies.