The 15% base corporate tax rate for multinationals is set to raise $220bn (£178bn) from global businesses, $70bn (£57bn) higher than expected, says OECD
European authorities have uncovered the largest cross-border VAT fraud scheme ever investigated in the EU valued at an estimated €2.2bn (£1.8bn) in unpaid taxes
The move towards a standardised system across the EU for withholding taxes would bring numerous benefits, but there are still some details to be worked out, explains Carlos Silva, senior tax solution manager, Xceptor
In a bid to crack down on the use of tax avoidance arrangements, the largest businesses will have to report the use of tax avoidance schemes used since 2018
Plans to introduce a crypto-asset reporting framework will see tax authorities exchanging investor details cross-border, explains Dion Seymour, crypto and digital assets technical director at Andersen LLP
The OECD plans to launch the first global tax transparency framework for the reporting and exchange of information on crypto assets, detailing ownership and transactions