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Global Minimum Tax (GMT) is coming to town.
FRIDAY, JANUARY 17, 2025
The Global Minimum Tax (GMT) represents a significant reform in international taxation under the framework of the Organization for Economic Co-operation and Development (OECD).
Will Thailand dethrone Singapore as global investment hub in 2025?
MONDAY, DECEMBER 16, 2024
Experts say Thailand’s adoption of Global Minimum Tax could lure multinational HQs away from Singapore
Revenue Department to push for global minimum tax
SUNDAY, SEPTEMBER 08, 2024
The Revenue Department aims to propose a draft act on additional tax to the Cabinet soon, which will cover global minimum tax (GMT) on multinational companies.
Thailand unveils two weapons to attract foreign investment
MONDAY, DECEMBER 11, 2023
Thailand has unveiled the focus of its four-year strategy to attract foreign direct investment to boost its faltering economy: clean energy and incentives to offset the new Global Minimum Tax.
Biden, other G-20 world leaders formally endorse groundbreaking global corporate minimum tax
SUNDAY, OCTOBER 31, 2021
ROME - President Joe Biden and the other national leaders gathered for the Group of 20 summit formally endorsed a new global minimum tax on Saturday, capping months of negotiations over the groundbreaking tax accord.
Global minimum tax on corporations likely to be included in reconciliation bill, Yellen says
SUNDAY, OCTOBER 10, 2021
Treasury Secretary Janet Yellen said she is confident that Congress will include provisions for a global minimum tax on corporate profits in reconciliation legislation, days after the United States and 135 other nations endorsed the levy to combat tax-cutting.
130 countries sign on to global minimum tax plan, creating momentum for Biden push
FRIDAY, JULY 02, 2021
President Joe Biden on Thursday celebrated a victory in his drive to make corporations pay a larger share of the cost of government, as 130 countries endorsed a blueprint for a global minimum tax on giant businesses and pledged to work for final approval by the end of October.
Yellen pushes global minimum tax as White House eyes new spending plan
TUESDAY, MARCH 16, 2021
WASHINGTON - Treasury Secretary Janet Yellen is working with her counterparts worldwide to forge an agreement on a global minimum tax on multinational corporations, as the White House looks for revenue to help pay for President Joe Biden's domestic agenda.