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 coalition, which also brings together Somalia, Benin, Sierra Leone and Antigua and Barbuda, said it would work to increase the number of countries taxing plane tickets, including business-class
Press Release from Carey Olsen, Friday 11 July, 2025. Carey Olsen’s corporate team in the Cayman Islands has advised Mexico-based digital bank Klar on its US$190 million Series C funding round,
The new European legislation against tax evasion via cryptocurrencies, DAC8, will cost the Dutch Tax Authority and crypto companies tens of millions of euros per year while yielding little in the way
Press Release from Jersey Finance, Friday 18 October, 2024. Jersey’s finance industry has reported robust growth across its funds, banking andcorporate sectors over the first six months of 2024, despite