Omicron might push inflation, says OECD
The latest Coronavirus variant, Omicron, which is believed to be more transmissible and severe, might derail growth and recovery and raise costs, according to the Organization for
Amazon, Facebook and Google to cough up a 15% minimum global tax rate
More than 130 nations agreed on Friday (Oct. 8) to set a new minimum tax rate for companies around the world. The global corporate tax rate is an attempt to deter tax avoidance by
Digital tax law stand-off between US and EU set to escalate
The US government has consistently rebuffed efforts by any country to tax the big tech companies like Amazon, Google, Facebook and Alphabet. Governments in France, Italy and the U
U.S. Trade Department Slams Digital Services Tax
The U.S. Trade Representative on Thursday said that the Digital Service Taxes (DSTs) in Spain, Austria and the U.K. is unreasonable and discriminatory against American companies. A
France Demanding Millions in Digital Tax from the Big Techs
Be the first to know about the OECD's Global Tax Reforms along with developments on the Digital Service Tax here at the nation's fastest-growing business magazine, Indust
Failure to agree on global digital tax reforms could cost $100 billion, OECD warns
The Organization for Economic Cooperation and Development (OECD) has proposed to rewrite international tax rules which could shed more than 1% of output and trigger a trade war. Th
OECD revises eurozone growth outlook as Europe poses threat to global economy
The OECD, in its newest report, did not present a colorful picture of the eurozone as it cut growth outlook for the 17-state bloc. The Paris-based organization underlined that the
