G20 finance chiefs due to endorse deal at Venice talks; EU faces battle to turn it into bloc-wide law; US Republican misgivings could add hurdles
India has agreed to a pathbreaking international framework with 129 other countries for taxing multinationals that could impact its ability to tax them
The recent G7 proposal of a global minimum tax has mixed implications for Indian corporations, foreign majors operating here and the tax authorities
US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms
We find countries are willing to do this if they get in exchange greater tax certainty, better dispute prevention, and binding dispute resolution mechanisms
A resident company of Portugal paying a dividend to a resident of India has to pay India a 15% tax