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Negotiations on global tax regime would be completed on time: Pascal Saint-Amans, director-tax, OECD SECTIONS Share Synopsis Saint-Amans expressed confidence that negotiations would be completed on time on global tax regime and the allocation key favoured India. Getty Images The proposed global tax regime should result in significant revenues for countries, including India, said Pascal Saint-Amans, director, Centre for Tax Policy and Administration at the Organisation for Economic Co-operation and Development (OECD). In an interview to ET’s Deepshikha Sikarwar, Saint-Amans expressed confid...

130 Countries Agree to Biden-Backed 15% Global Minimum Tax International tax reform would make multinational companies pay a "fair share of tax wherever they operate." Ireland one of nine holdouts who refuse to sign. Image Credit: Email Following weeks of intense talks involving diplomats from more than 130 countries and jurisdictions, Washington has succeeded in winning international backing for a new global minimum corporate tax framework that, if implemented, would constitute the biggest shakeup in international tax rules in a century. The world took a critical step toward implementing the...

Global Tax Overhaul Endorsed by 130 Nations as Deal Gets Closer Jul 02 2021, 2:44 AM July 01 2021, 9:12 PM July 02 2021, 2:44 AM (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. (Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The world took a big step toward sweeping changes to global taxation as 130 countries and jurisdictions endorsed setting a minimum rate for corporations along with rules to share the spoils from multinational firms like F...

130 nations clear min tax rate plan for MNCs Top Searches 130 nations clear min tax rate plan for MNCs Bloomberg / Updated: Jul 2, 2021, 08:23 IST FacebookTwitterLinkedinEMail NEW DELHI: The world took a big step toward sweeping changes to global taxation as 130 countries and jurisdictions endorsed setting a minimum rate for corporations along with rules to share the spoils from multinational firms like Facebook Inc. and Alphabet Inc.’s Google. After years of missteps and setbacks, the deal brokered in negotiations at the Organization for Economic Cooperation and Development sets the stage...

Michael Devereux, Clemens Fuest, Ben Lockwood The international taxation of multinational enterprises (MNEs) recently received renewed media and public opinion attention following the commitment by finance ministers of the G7 at their meeting in London on 4-5 June 2021 to a global minimum tax of at least 15% on a country-by-country basis. Negotiations on reforms of international corporate tax rules, including the introduction of a minimum level of taxation, have been ongoing at the OECD Inclusive Framework for a while (OECD 2020), but one of the main novelties of the G7 communiqué stands in ...