An IMF report, controversially leaked before last weekend's meeting of G20 finance ministers in Washington, proposes two new global taxes on financial institutions. While the primary target will be the banks who received billions of dollars from national governments, other institutions such as insurance companies and hedge funds will also be required to pay the taxes.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The country has overseen better audit procedures and demonstrated commitment to acting as a 'regional leader' on international tax matters, the OECD said
Authors from Khaitan & Co evaluate the recent CBDT notification, whereby legacy investments made by investors continue to be exempt from the applicability of GAAR
Geopolitical rivalry is reshaping global tax cooperation, as the OECD’s minimum tax framework fragments and the EU grapples with the ensuing legal fallout
Chile’s revamped GAAR marks a shift toward structural scrutiny, pushing MNEs to strengthen tax governance, economic substance and compliance strategies