Ms Indranee also spoke about the the Base Erosion and Profit Shifting (BEPS) 2.0 initiative, part of which requires a global minimum corporate tax rate of 15 per cent for multinational enterprises ...

as well as the unilateral digital services taxes that are likely to spring up if BEPS Pillar 1 (which adjusts the amount of profits taxed in market jurisdictions) fails. One thing that may have ...