Despite this progress, Godongwana acknowledged that challenges persist, particularly in implementing international tax ...

Finance Minister Enoch Godongwana says a global minimum tax is crucial to strengthening the tax base of developing countries ...

President Donald Trump's decision to leave the global minimum tax accord is affecting international tax law worldwide. Thailand is not spared either.While other major nations are still pressing ahead ...

On June 5, 2021, the Group of Seven (G7) finance ministers met mask-to-mask in London, and announced the high-level political agreement on global tax reform.

In the tax system revisions made in late 2024, the Democratic Party for the People held the casting vote and advocated the increase of the “¥1.03 million wall”—the threshold at which wage ...

Furthermore, they stressed the importance of implementing strong measures to prevent capital from evading national tax systems and ensuring transparent global taxation. In a joint letter to UN ...

It represents one of the biggest attempts to bring an outdated global tax system from black-and-white into Technicolor. The backstory: Multinational companies have been taking advantage of ...

Changes that happen quickly require adjustments with short notice. From PwC’s 17th Annual Global CEO Survey it is clear that these are concerning for companies, with 64 percent of CEO’s surveyed ...

"Among the most prominent initiatives leading global efforts to reform the international tax system and achieve tax justice is the OECD Global Minimum Tax or Pillar II rule, which represents a ...

Most notable was the 2023 Intergenerational Report, which painted a clear picture of how Australia’s tax system was not up to the task of addressing the long-term budgetary challenges associated ...