A collection of 4 posts
The Organisation for Economic Co-operation and Development (OECD) and the Biden administration have brokered a compromise on the plan to introduce a global corporate tax regime with the three low-corporate tax states that had been holding out on the agreement. With Ireland, Estonia and Hungary now onboard, the ambitious measure
Zagreb has come out in support of the G20 political agreement based on a proposal to tax multinational companies. It will bring greater tax fairness, according to Croatia’s finance minister, Zdravko Marić, who said his country is in favor of the global mechanism that is planned to be enshrined
In a global effort against “tax avoidance,” finance ministers from the G7 countries meeting in London last weekend have agreed on overarching rules that will oblige multinational corporations to pay a greater share of their global tax obligations. As part of their deal, the G7, a grouping of some of
On Tuesday, the EU agreed to new tax rules designed to increase the transparency of multinational companies with established operations in tax haven countries for the purpose of tax avoidance, but some NGOs say the rules don’t go far enough. According to the EU rules, such corporations whose worldwide