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ISLAMABAD: The Organisation for Economic Co-operation and Development has assessed that there is an impact of up to $150 million on Pakistan’s...
Joint statement regarding a compromise on a transitional approach to the international Pillar 1 tax agreement.
REVOLUTIONARY shifts in the international tax landscape are afoot.
The Organisation for Economic Co-operation and Development (the “OECD”) recently announced that a landmark deal has been reached by 136 countries in an attempt to ensure that...
The ability of 136 countries, representing more than 90% of worldwide GDP, to agree on a uniform 15% global minimum tax illustrates the interest among world leaders in limiting tax avoidance by multinational companies, says Fitch Ratings. The multilateral agreement reached last week is expected to become effective in 2023. A higher marginal tax rate ...