We are currently riding a rollercoaster of new U.S. tariffs and retaliatory measures, which is stirring up an avalanche of uncertainty for global enterprises. Having already faced U.S. tariff hikes…
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U.S. steel and aluminium tariffs’ impact on trade industries
The recent changes to the United States’ steel and aluminium tariffs, known as Section 232 rules, have added complexities to global trade.
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President Trump’s tariffs: What tax and accounting professionals should know
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…
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Trump reciprocal tariff threats rock global trade
Tariffs have been a target for reform since U.S. President Donald Trump took office earlier this year.
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Trump 2.0: From rhetoric to reality
U.S. President Trump’s early moves revealed a more aggressive trade agenda a month into his second term at the White House.
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October 2024: BEPS Pillar 2 Highlights
European Union-Cyprus-Poland-Portugal-Spain European Commission Refers Cyprus, Poland, Portugal, and Spain to CJEU for Failure to Notify Transposition of Pillar 2 Directive (approved) The European Commission has announced its referral of Cyprus, Poland,…
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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…
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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,…
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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…
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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…
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