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Tag: Multinational corporations

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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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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