Synopsis: The OECD agreement on global tax on MNCs, its impact and benefits. Introduction International tax jurisprudence received a boost when 130 countries, on the proposal of OECD, agreed to introduce a new global tax regime for taxing multinational corporations (MNC’s) operating globally. The Global Financial Crisis of 2008 forced all countries to change the… Continue reading The global tax revolution
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How new global tax rules may reshape India?
Synopsis: The conventional global tax system is changing, with several countries, including India, imposing a digital service tax and participating in a new global initiative to modernize tax rules. Why there’s a need for new global tax framework? The new tax framework seeks to tackle digital economy firms in particular since they do not easily… Continue reading How new global tax rules may reshape India?
