The worldwide minimum 15% corporate tax rate accord signed by the world’s richest nations is expected…
Tag: Tax
G7 reach record agreement on taxing large multinational corporations
On Saturday, the G7 nations made a historic agreement to tackle cross-border tax loopholes exploited by…
Social spending, business tax hike drive $6Tr Joe Biden budget
Despite a host of new tax increases on businesses and high-income people aimed to pay for…
On global corporate profits, the US Treasury proposes a 15% minimum levy.
The US Treasury Department has stated that it supports a global minimum corporate tax rate of…
Interest is charged for late payments on GST-eligible imported products.
An Authority for Advance Ruling (AAR) has ruled that interest for overdue payment on imported products…