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Bahamas still proceeding with OECD obligations despite UN vote

A recent vote by 125 United Nations (UN) member countries, including The Bahamas, in favor of a resolution to support fairer global tax policies, will have little to no bearing ....

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House panel OKs proposed amendments to CREATE law

House panel OKs proposed amendments to CREATE law
radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.

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U.S. Chamber Decries Latest Canadian DST Move

WASHINGTON, D.C. - U.S. Chamber of Commerce Senior Vice President for Tax Policy Watson McLeish issued the following statement following the Government of Canada’s issuance of its 2023 Fall Economic Statement, which among other things signaled Canada’s intent to proceed with enacting a digital services tax (DST):“The Chamber is deeply concerned by the government of Canada’s move in its Fall Economic Statement toward enacting a unilateral and discriminatory digital services tax. This action follows Canada’s decision in July to oppose 138 of its fellow members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting who voted to refrain from imposing new DSTs or similar measures on any company for another year. We urge the Canadian government to reverse course and make clear that it will not unilaterally impose a DST.“Canada’s DST would not only target U.S. companies in a discriminatory manner but also contravene Canada’s obligations under both the United ....

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UK Pledges Fairer Global Tax System at UN Committee

UK Pledges Fairer Global Tax System at UN Committee
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

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Solons brace for global minimum corporate tax regime via new bill

TO prepare for the consequences of the imposition of the global minimum corporate tax, the House Committee on Ways and Means approved last Tuesday several proposals aimed at enhancing Republic Act (RA) 11534 or the “Create” law. Albay Rep. Joey Sarte Salceda said his committee put forward the unnumbered substitute… ....

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