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OECD: OECD comes out with multilateral convention to ensure MNCs fair share of taxes where they operate

The OECD has introduced a new multilateral convention to address base erosion and profit shifting, aiming to ensure that multinational corporations (MNCs) pay their fair share of taxes in the countries where they operate. This convention is part of the Two-Pillar Solution proposed by the OECD to tackle tax challenges brought about by digitalization and globalization. ....

Rakesh Nangia , Organisation For Economic Cooperation , Erosion Model , Shardul Amarchand Mangaldas Co Partner Gouri Puri , Multilateral Convention , Two Pillar Solution , Pillar Two , Economic Cooperation , Pillar One , Andersen India Chairman Rakesh Nangia , Implementation Handbook , Inclusive Framework , Pillar Two Subject , Tax Rule , Global Anti Base Erosion Model , Amarchand Mangaldas , Tax Challenges ,

Obligations of the reporting financial institutions under CRS

For the purpose of CRS, depository institutions like banks, custodial institutions like mutual funds, investment entities like hedge funds or private equity funds, a. ....

Ministry Of Finance Mo , Organisation Of Economic Cooperation , Common Reporting Standards , Economic Cooperation , Implementation Handbook ,