Attempts to stop some of the world’s biggest companies shifting profits across borders to avoid paying tax are “in peril” following Donald Trump’s definitive win in the US presidential election, experts said.
A global deal inked at the Paris-based OECD in 2021 was expected to raise the tax take from the world’s biggest multinationals by up to $US192 billion a year. Several countries – including EU member states, the UK, Norway, Australia, South Korea, Japan and Canada – partly introduced the pact this year.
The Council and the European Parliament reached an agreement on the reform of the EU tax rules which, after four years of being frozen by the pandemicwill again limit the debt and deficit of the Member
The Luxembourg government submitted a draft law (Draft Law) to Parliament that modifies the existing minimum net wealth tax regime (NWT) to align it with a ruling of the Luxembourg Constitutional Court.The
As tensions flare over Georgia’s foreign agents bill, the ruling party rushes through a controversial tax law, fueling fears that the country will become a black money hub to benefit the party’s
At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist financing and scams, crypto research firm