by Brian Garst | Jun 21, 2023 | Featured, Opinion and Commentary
Originally published by IFC Review on June 7, 2023. Efforts to radically reorganise global corporate taxation passed a major milestone when the European Union unanimously agreed to implement Pillar 2, the 15 per cent global minimum tax component of the Organisation...
by Brian Garst | May 30, 2023 | Blogs, Tax Competition, Tax Harmonization, Taxation, Uncategorized
We’ve written a lot about efforts by the OECD to form an international tax cartel and raise global taxes. A key component of those ongoing efforts is the Base Erosion and Profit Shifting (BEPS) project that seeks to radically rewrite the rules for income taxes...
by Brian Garst | Aug 3, 2019 | Opinion and Commentary
Originally published by Cayman Financial Review on August 2, 2019. If you read any new tax policy reports produced by the Organisation for Economic Cooperation and Development (OECD), or listen to its public communications, you are likely to encounter the word...
by Andrew F. Quinlan | May 8, 2019 | Opinion and Commentary
Originally published by Cayman Financial Review on May 7, 2019. The Inclusive Framework on BEPS announced agreement to continue working towards a new long-term solution by 2020 to tax challenges arising from digitalisation. A policy note released after the Jan. 23-24...
by Andrew F. Quinlan | Apr 19, 2018 | Opinion and Commentary
Originally published by Cayman Financial Review on April 19, 2018. Late 2017 saw the release of the first peer review for the implementation of the BEPS Action 5 standard on the exchange of information on certain tax rulings. Action 5 (Harmful Tax Practices) requires...
