This week in tax: Global corporation taxes stabilising, says OECD

Sam Sholli,

Tom Baker

July 12 2024

Show more sharing options

Pillar two anticipation may have led to stable international corporation tax rates according to the OECD; in other news, A&M has continued its lateral hiring spree

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

Direct Tax Alvarez & Marsal Mishcon de Reya Global United States Ireland United Kingdom Hong Kong SAR Pillar Two

Sam Sholli

Reporter ITR

Tom Baker

Editor ITR

Tom is editor of ITR. He joined the team in October 2023 after stints as a legal journalist and a content professional at an international law firm.

more across site & shared bottom lb ros

More from across our site

Direct Tax

This is the Australian Parliament House in Canberra. Which was t

Tax advisory regulation would be slashed under Aussie conservative government

Australia’s conservative opposition will repeal controversial tax agent reporting rules if elected in the country’s May general election

Tom Ravlic, April 18 2025

Direct Tax

This week in tax: Gary Shapley tipped to become acting IRS commissioner

Shapley would be the fourth person to hold the job this year; in other news, UK tax advisory firm MHA raised fewer funds than expected from its London IPO

Tom Baker, April 17 2025

Transfer Pricing

‘General pause’ on pillar one in many countries: BDO tax chief

The US needs to be involved in pillar one for there to be more international acceptance of the project, Michael Masciangelo says

Sam Sholli, April 17 2025

Direct Tax

EY’s regulatory troubles continue as FRC launches Post Office probe

The UK regulator is investigating EY’s auditing of the national postal service as it relates to the high-profile Horizon scandal, which saw hundreds wrongfully convicted

Tom Baker, April 16 2025

Direct Tax

EU flags waving in front of European Parliament building in Brus

Council of the EU adopts DAC9 pillar two simplification directive

The directive will extend cooperation and information exchange around pillar two, according to the Council of the EU

Sam Sholli, April 15 2025

Direct Tax

EY fined £5.25m by UK watchdog over auditing failures

Audit engagement partner Christopher Voogd has also been hit with a £32,500 charge over the firm’s work with Stirling Water Seafield Finance

Sam Sholli, April 14 2025

Direct Tax

Night cityscape with bilding and road in Beijing city

Draft amendment to Chinese tax collection: impact on foreign-invested enterprises

China’s largest overhaul of its tax administration system in 24 years, featuring enhanced enforcement powers, is underway, says Abe Zhao of FenXun Partners

Abe Zhao, April 11 2025

Indirect Tax

This week in tax: Donald Trump pauses global tariffs

However, the US president increased tariffs on imported Chinese goods to 125%; in other news, UK tax firm MHA expects to raise £102m from its London listing

Sam Sholli, April 11 2025

Direct Tax

One company pays 78% of top-up taxes in Switzerland: study

A mere three firms accounted for more than 90% of top-up taxes paid, according to research from Deloitte

Sam Sholli, April 10 2025

Direct Tax

US foreign tax credit rules: impact on Brazilian withholding taxes

Taxpayers with Brazilian operations should revisit their withholding positions in light of updated US guidance, writes Rafael Benevides, senior tax counsel at Meta

Rafael Benevides, April 10 2025