Maximizing Corporate Tax Efficiency: Integrating Transfer Pricing and Customs Strategies
Introduction: In today’s global business environment, multinational corporations (MNCs) face nuanced challenges in navigating cross-border transactions. These transactions, spanning the exchange of goods, services, and intangible assets, highlight the critical […]
Unveiling the Global Minimum Tax: Shaping Corporate Taxation
A change in corporate taxation has emerged through the implementation of the global minimum tax for multinational corporations. Achieved after extensive negotiations involving 140 countries, this step aims to generate […]
The Changing Landscape of International Tax Evasion and the Quest for Tax Justice
In the past decade, governments around the world have undertaken significant initiatives to combat international tax evasion. These efforts have included groundbreaking achievements such as the automatic exchange of bank […]
Hungary’s Ambitious Step Towards Implementing Pillar Two Minimum Taxation
Introduction On October 17, 2023, the Hungarian Ministry of Finance made a significant move by launching a public consultation on a draft bill aimed at incorporating the OECD’s Pillar […]
Romania’s Comprehensive Approach to Implementing Pillar Two Minimum Taxation
Introduction On October 4, 2023, Romania took a significant step in tax reform by initiating a public consultation on a draft bill to adopt the OECD’s Pillar Two Model […]
Portugal Approves Landmark Public Country-by-Country Reporting Legislation
In a significant development for the world of taxation, Portugal has enacted Decree-Law No. 73/2023, transposing EU Directive 2021/201 on public country-by-country (CbC) reporting. This Decree-Law enters into force on […]
