This week in tax: HMRC and OECD kick-start consultations
Parties can submit comments on transfer pricing and the two-pillar solution by the new year, while a New Jersey R&D tax credits bill is closer to reality.
Source: internationaltaxreview.com
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MOF expected to adopt 15% minimum corporate tax in 2024 at earliest
Taipei, Dec. 14 (CNA) The Ministry of Finance (MOF) said on Wednesday that it expects to adopt a 15 percent minimum multinational corporation tax rate on Jan. 1, 2024 at the earliest after European Union member states reached agreement on the minimum tax rate earlier this week.
Source: focustaiwan.tw
The G20 risks becoming irrelevant
Unless it shows a commitment to tackling global crises, the group will lose its clout.
Source: aljazeera.com
Upholding a universal, holistic approach to international tax cooperation: UK statement at UN Second Committee
UK statement on Tax delivered at UN Second Committee
Source: gov.uk
This week in tax: UK raises windfall tax, Ireland considers reform
The UK government announced plans to increase taxes on oil and gas profits, while the Irish government considers its next move on tax reform.
Source: internationaltaxreview.com