Global reform
July 27, 2021
Reform is a never-ending task. There is no starting point, and no finish line. It is just a continuous process of being better.
After years of rigorous work and engagement, on July 1, 2021 the world came together, and agreed to a momentous tax agreement – one that advances the global community closer to reforming the international tax architecture rather swiftly. An agreement now signed by 132 countries, representing more than 90 percent of global Gross Domestic Product, to reform international corporate taxation. It is not often that a universal near-consensus is reached on an issue with far-reaching consequences. The inclusive reform based on a two-pillar framework, has been further endorsed by G20 countries in Venice on July 11, 2021.
An(other) OECD BEPS 2 0 Update | Cadwalader, Wickersham & Taft LLP
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A statement by H E Saeed Rashid Al Yateem, Assistant Under Secretary of the Resource and Budget Sector at the Ministry of Finance
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This week in tax: EU appeals Amazon decision
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