BRUSSELS | NOVEMBER 2021 US House Approves Minimum Corporate Tax Legislation In November, the Unites States House of Representatives approved President Biden’s Build Back Better Act (H.R. 5376), a comprehensive legislation which also includes...
BRUSSELS | OCTOBER 2021 Historical Agreement on International Taxation Under OECD Auspices Following years of difficult discussions, under the auspices of the OECD and G20, 136 jurisdictions reached an agreement on global minimum tax and partial reallocation of...
BRUSSELS | SEPTEMBER 2021 Tax Administrations Accelerate Digital Transformation The OECD’s Forum on Tax Administration issued the Tax Administration 2021 report in September, which compares data on particular aspects of tax administration and tax...
BRUSSELS | JULY 2021 130 Countries Sign Historic Agreement on International Tax Reform In July, 130 countries signed the global agreement on international tax reform, based on a two-pillar solution which allows multinational companies to pay more tax in the...
BRUSSELS | MAY 2021 EU Sets Out New Corporate Tax Reform Proposals The European Commission has published a new plan for corporate tax reform within the European Union, encompassing a number of short term and longer term proposals. The plan is embedded in a...
