France, Germany and the UK have called on their G20 partners to implement global rules to combat corporate tax avoidance. The call follows the release of an OECD report into base erosion and profit shifting, which said existing international tax rules have gone unchanged for almost a century and have failed to keep pace with globalisation and the constantly evolving business environment.
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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