As countries spar over pillars one and two, revenue authorities are dealing with the fallout of COVID-19 while pushing sustainability taxes and tax technology.
The US Treasury’s ‘Green Book’ calls for increased reporting and global information exchange on cryptocurrencies and other crypto-assets. This may set a bold precedent for crypto policy around the world.
Company directors are more concerned about the reputational risks of aggressive tax planning. Tax savings can help a business in the short-term, but the potential fallout can cost a company much more.
The Indian government has stood by its application of goods and services tax (GST) on COVID-19 vaccines, however, the GST Council may be about to consider a policy change.
