Daily Tax Report: International

G20 Finance Heads Urge OECD to Wrap Up Global Tax Reform Talks

The Group of 20 leaned on members of the Organization for Economic Cooperation and Development to quickly wrap up negotiations on the global tax reform plan.

European Commission Proposes Minimum Tax Filing Simplification

The European Commission on Monday proposed simplifying reporting obligations for major companies impacted by the European Union’s tax information exchange rules.

Starmer Pledges to Embrace ‘Fiscal Reality’ in Key Budget

Keir Starmer said his UK government would “embrace the harsh light of fiscal reality,” as his Chancellor of the Exchequer Rachel Reeves prepares to reveal a historic package of tax hikes and extra borrowing in a make-or-break budget on Wednesday.

EY Reboots Bruised Global Brand with New Messaging, Ad Campaign

Ernst & Young has unveiled a marketing campaign with a new motto meant to underscore global CEO Janet Truncale’s vision for a unified firm and re-energize its brand after a failed spin-off plan.

Trudeau Rival Would End Federal Sales Tax on Many New Homes

Conservative Leader Pierre Poilievre said he would remove Canada’s 5% national sales tax on new homes sold for under C$1 million ($719,700) if he’s elected prime minister.

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Will the Global Minimum Tax End the Race to the Bottom?

In 2021, 137 countries agreed on a global minimum corporate tax rate of 15% for big global companies. This video explains why countries felt such a tax was needed and how it will work.

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Argentina Gazettes Law Ratifying SSA With South Korea

The Argentine Official Gazette Oct. 21 published Law No. 27771, ratifying the social security agreement (SSA) with South Korea, signed Nov. 27, 2018. [Argentina, Official Gazette, 10/21/24]

Slovakia Gazettes Law Introducing Financial Transaction Tax

The Slovak Official Gazette Oct. 25 published Law No. 279/2024, introducing a financial transaction tax (FTT). The law includes measures: 1) setting a 0.4 percent FTT rate for bank transfers, ...

Singapore Gazettes Order Declaring MCAA-CbC With Specified Jurisdictions as International Tax Compliance Agreement

The Singaporean Official Gazette Oct. 24 published Order No. S 813, declaring the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports as an international tax compliance ...

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