IN the upcoming Budget 2024 announcement on Oct 13, global minimum tax (GMT) is among the key tax proposals expected to be announced regardless of when Malaysia chooses to begin. While certain ...

ON Dec 30, 2023, Malaysia enacted law to introduce Pillar Two global minimum tax (GMT) rules for large multinational groups, joining what is now a growing list of more than 30 other countries that ...

Ichwan Sukardi and T Qivi Hady Daholi of RSM Indonesia explore the impact on compliance, transfer pricing, and tax incentives The implementation of the global minimum tax (GMT) represents a ...

The OECD/G20’s Global Minimum Tax (GMT), adopted under Pillar II, takes a more complex approach. It applies only to multinational groups with consolidated revenues above €750 million and includes ...

Global Minimum Tax seeks to establish a minimum 15% tax rate for large MNCs Abu Dhabi: The UAE Ministry of Finance, on Wednesday, announced a significant step in its tax policy by formally ...

The OECD’s 15% global minimum tax must coexist with the US version—the tax on global intangible low-taxed income—a Treasury official said at a conference Friday, noting talks are underway to figure ...

"Our analysis would indicate that tax avoidance continues to be hard-wired into corporate structures," said the CEO of the Fair Tax Foundation.

New research shows that in the last decade, the big six Silicon Valley tech firms have pocketed $278 billion in tax avoidance ...

Applying the 15% global minimum tax poses a huge administrative burden on both companies and the tax authorities that have to enforce the rules, an official from the Dutch finance ministry said Friday ...

The global minimum corporate tax rate was one of the reasons cited by both governments of Ranil Wickramasinghe and NPP to impose the tax of 15% on digital service income and others. At the outset, it ...