Pillar II[2]In contrast to Pillar I, Pillar II expressly aims to increase the amount of tax paid by certain multinational groups. It would do so by introducing an international minimum effective tax rate. The level at which this would be set has yet to be agreed between IF members....
At the international level, it remains to be seen whether the OECD’s Inclusive Framework’s aim of reaching consensus on its Pillar I and II initiatives by mid-2021 remains achievable. US treasury secretary Janet Yellen’s speech on 5 April calling for countries to agree on a global minimum...
This brings the country in Iine with the OECD’s two-pillar solution to implement a fair and transparent tax system and stipulates that large multinational firms pay a minimum effective tax rate of 15% on profits in each country where they operate. The Ministry is also considering the ...
It is interesting to note that admits that this is guidance rather than legislation and that “this text still leaves the relevant locations at which to apply the objectives open to interpretation”. (Box 1.2, page 20). Eliminating the remaining sites using this argument is flawed because ...
It is interesting to note that admits that this is guidance rather than legislation and that “this text still leaves the relevant locations at which to apply the objectives open to interpretation”. (Box 1.2, page 20). Eliminating the remaining sites using this argument is flawed because ...
The Transportation Sector (TS) within the United Kingdom (UK) is a key economic, environmental and growth pillar of the nation. The predicted spend of Transport Infrastructure (TI) in the UK is said to have been over GBP 19 billion between 2020 and 2021 [1] and the National Infrastructure...
The recently published Birmingham Development Plan 2031, approved by the national government, and adopted by the local city council in 2017, acknowledges these issues and sets out to address them through plans, with environment and sustainability being an important pillar of the city’s urban ...
legislation provides the opportunity for a fully independent and properly constituted UK Animal Welfare Advisory body conducting animal welfare impact assessments and ethical appraisal. The Government has proposed sentience legislation but there is a major risk it will not be in place before the UK ...
It is interesting to note that admits that this is guidance rather than legislation and that “this text still leaves the relevant locations at which to apply the objectives open to interpretation”. (Box 1.2, page 20). Eliminating the remaining sites using this argument is flawed because ...