Discover and read the best of Twitter Threads about #globaltax
Most recents (1)
With global tax reform in the news, and what with me being an international tax adviser, the day job is finally fleetingly relevant. So here's a thread.
This weekend's announcement may seem new but it's been a long time in gestation. 1/24
This weekend's announcement may seem new but it's been a long time in gestation. 1/24
Whilst it's certainly radical it is some way off implementation and will eventually just become an accepted norm and boring compliance requirement. So what is this global reform the G7 leaders agreed this weekend and why have they done it?
Though it may have seemed to come 2/24
Though it may have seemed to come 2/24
from nowhere with Janet Yellen's 21% global min tax proposal, this is not "Biden's tax plan". It's the less catchy Pillars 1 and 2 of the OECD's BEPS 2.0 programme, which was first consulted on in March 2019. BEPS 2.0 implies there was a BEPS 1. So there was, and to 3/24
