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 EU is wrangling over a provision of Donald Trump’s so-called “Big Beautiful Bill” for the US budget that could see European companies taxed higher than others in retaliation for
EU institutions agreed Wednesday on a legislative simplification plan that will remove the majority of companies from the scope of the carbon tax at the border. The European Council announced that an
Press Release from Carey Olsen, Friday 10 January, 2025. Carey Olsen Corporate Finance Limited (“COCFL”) has been confirmed as the leading listing agent on The International Stock Exchange
Cyprus is under pressure to adopt a minimum 15% corporate tax rate on multinational companies with revenues above €750 million, as the European Court of Justice has referred the country for delayed