SHARING IDEAS THAT DO GOOD

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.

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By Lynn Wood

2 July 2021



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