Pillar One is a group of proposals addressing how to tax companies that generate profits where they don’t have a taxable presence under existing principles. This post examines the state of this initiative, which involves 137 countries and has massive implications for multinational groups.
Officials from 76 countries met in Paris this month to sign or promise to sign an OECD multilateral convention that some describe as “a kind of super tax treaty.” This post describes what the convention is and why the signing ceremony should be a wake-up call for businesses.
India’s finance minister recently presented the government’s budget for fiscal year 2017-2018, which starts April 1. For multinationals operating in or considering expanding into India, we’ve provided a summary of the budget’s key points.