The Trump administration made headlines with its imposition of additional tariffs on goods from various countries, including China, Mexico, and Canada. These tariffs, essentially taxes on imported goods, sent ripples…
Read more
Is Pillar Two thriving or at risk: What President Trump’s U.S. Exit from global tax deal means for multinationals
Trump’s Withdrawal from OECD Pillar Two: What We Know President Trump withdrew U.S. support from the OECD’s global tax deal. He also directed the Treasury Department to identify countries imposing…
Read more
How indirect tax impacts your manufacturing power
In the complex manufacturing world, managing indirect taxes can be a daunting task fraught with potential pitfalls and substantial financial risks. Our white paper for tax professionals in the manufacturing…
Read more
Leveraging the Orbitax Global Minimum Tax Solution for BEPS Pillar Two in a Co-Sourced Model
The implementation of BEPS (Base Erosion and Profit Shifting) Pillar Two brings significant challenges for multinational enterprises (MNEs) navigating the global minimum tax rules. Unlike traditional outsourcing models, where compliance…
Read more
September 2024: BEPS Pillar 2 Highlights
Belgium Accepting Advance Payments for Pillar 2 Global Minimum Tax (Approved) Belgium’s Federal Public Service (SPF) Finance has issued a release announcing that MNE groups subject to the Pillar 2 global minimum…
Read more
Challenges and changes in indirect tax and compliance
The world of indirect tax compliance is a battleground. Ever-changing regulations, resource constraints, and the need for efficiency leave businesses struggling. Based on a Thomson Reuters survey of 180 indirect…
Read more
August 2024: BEPS Pillar 2 Highlights
Australia Pillar 2 Global Minimum Tax Legislation Introduced in Parliament Australian Treasurer Jim Chalmers has announced the introduction of legislation in parliament for the implementation of the Pillar 2 global minimum tax,…
Read more
July 2024: BEPS Pillar 2 Highlights
Belgium Updates: Belgium’s Federal Public Service (SPF) Finances issued a release on 29 May 2024 announcing the publication of the Royal Decree of 15 May 2024, which regulates the new notification requirements for…
Read more
May 2024: Pillar 2 Highlights
Estonia On 2 May 2024, Estonia published in the Official Gazette, the return requirements for the Pillar 2 global minimum tax of Council Directive (EU) 2022/2523. Estonia has opted to delay…
Read more
Malaysia’s e-invoicing mandate: Is your business prepared?
Malaysia is gearing up for an e-invoicing mandate. Prepare your business to transition from paper-based invoicing to e-invoicing.
Read more