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Bold new Framework for International Tax agreed by 130 Countries

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01/07/2021 - 130 countries and jurisdictions representing more than 90%of global GDP have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate- Statement.

The framework updates key elements of the century-old international tax system, which is no longer fit for purpose in a globalised and digitalised 21st century economy.

09/10/2021 - multinationals will be subject to a minimum 15% tax from 2021.

https://www.oecd.org/tax/international-community-strikes-a-ground-breaking-tax-deal-for-the-digital-age.htm



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