Page 29 - Minimum Tax News Today : Breaking News, Live Updates & Top Stories | Vimarsana

THE STANDARD BUSINESS NEWS Justice George Odunga during a five-judge bench hearing of the eight cases challenging BBI Amendment Bill 2020 in Nakuru on March 18, 2021. [Kipsang Joseph, Standard] The High Court has halted the implementation of the minimum tax until all the petitions before the court is determined. On Monday, the court granted conservatory orders restraining the Kenya Revenue Authority (KRA) from further implementing, administering and enforcing Section 12D of the Income Tax Act by collecting or demanding payment of the Minimum Tax pending the hearing & determination of the ongo...

To print this article, all you need is to be registered or login on Mondaq.com. On March 31, the Biden administration unveiled a jobs and infrastructure plan, the American Jobs Plan, to address the nation's pressing infrastructure needs. The plan calls for about $2 trillion in spending over eight years. To pay for these expenditures, the plan also includes a proposed overhaul of the corporate tax system that would increase the corporate tax rate and the global minimum tax, eliminate federal tax benefits for fossil fuel companies and strengthen enforcement against corpo...

Discussions about unifying taxation of multinational corporations have been going on for years. But, now more than ever in an interconnected digital economy, some of the billion-dollar profits belong to the people.

To embed, copy and paste the code into your website or blog: On April 5, Senate Finance Committee Chair Ron Wyden (D-OR), as well as Sens. Sherrod Brown (D-OH) and Mark Warner (D-VA), offered an international tax framework as a starting point to discussions on revamping the current system put in place by the 2017 Tax Cuts and Jobs Act. Are Wyden and Biden Colliding? While the framework includes some proposals similar to what was outlined by the Biden administration’s American Jobs Plan, there are key differences as well. Additionally, it does not address other proposals that were included ...

To print this article, all you need is to be registered or login on Mondaq.com. So, January 2021 has really started out with a bang (and not necessarily the good kind). "Doomscrolling" is a new word I've encountered and I have found that it is very relevant for me these days. Between the new lockdown measures in light of Covid and the unreal happenings south of the border, I'm not sure if I'm looking forward to this new year. So, thinking about RRSP planning is likely at the bottom of your list. However, I suggest that spending some time reading about how to make the m...