Page 33 - Pillar Two News Today

Facebook NZ follows same trajectory.

The G20 and the Organization for Economic Corporation and Development (OECD) have beat the drum of multinational corporations engaging in base erosion profit-shifting (BEPS) – registering companies in supposed tax havens to avoid paying taxes – for many years. Many of the countries issuing demands were built on the foundations of free labor and plundered

The amendments give companies temporary relief from accounting for deferred taxes arising from the OECD's Pillar Two rules.

The government lashed back at Free National Movement (FNM) Leader Michael Pintard yesterday after he called the recently released green paper on corporate income tax “half-baked”. The green paper, “Corporate Income Tax (CIT) Strategies For The Bahamas”, presents four possible new tax structures for businesses in the country that will align to the tax policies of

THE profits of hundreds of Jersey-based companies are likely to be taxed at 15% from 2025 as part of an international deal, according to the government.It is not known by how much the move will boost public coffers, but it is understood that the numb...

Industry and Science Minister Ed Husic has given new national security protection to seven areas of technology, including quantum and biotech.

After several damp-squib Budgets for the tech sector in a row, can we expect a boost?

Beginning July 12, 2023, the European Commission (Commission) may begin “ex officio” investigations of financial contributions that companies receive from non-EU governments. The...

The Senate Finance Committee examined the impact of the Tax Cuts and Jobs Act on drug makers' taxes and found the law enabled some of the biggest companies to lower their tax bills by shifting profits abroad.

A higher ratio of tax-to-GDP, at least 15 percent for developing economies, should be achieved to promote sustainable economic growth.