The digital public consultation reflects the Ministry's belief in the importance of consulting with all stakeholders including the multinational groups operating in the UAE, advisors, service providers, and investors.
The Organisation for Economic Co-operation and Development (OECD)/G20 Inclusive Framework (IF) on Base Erosion and Profit Shifting (BEPS) has agreed on the historic two-pillar solution to address the tax challenges arising from the digitalisation of the economy, according to a statement from
Paris (France) July 2 (ANI): US President Joe Biden's tax plan has been accepted by 130 countries worldwide including India and China. These nations will implement a global minimum corporate tax rate and duties on multinational giants from 2023, the Organization for Economic Cooperation and
Washington DC [US], June 30 (ANI): US Secretary of the Treasury Janet Yellen spoke with Finance Minister Nirmala Sitharaman on Tuesday and discussed that the US and India have a shared interest in implementing a robust global minimum tax.
Singapore, June 14 (ANI): Last week, the Group of Seven (G7) advanced economies announced that they have come to a preliminary agreement to set a global minimum corporate tax rate of 15 percent.