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Global minimum tax on corporate profits is going ahead

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INTERNATIONAL

Progress was made on the technical details of Pillar 1, the reallocation of taxing rights from host countries to those where a multinational operates, but US opposition has…

Rapid ‘cannabis economy’ growth will attract investors

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INTERNATIONAL

Cannabis market.

Global tax reform is on track, but hurdles remain

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INTERNATIONAL

More than 130 countries have agreed rules to allow the minimum taxation of excess corporate profits and a formula for allocating revenue shares by country. However, several EU…

A fragile agreement on global tax reform is near

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INT

Political pressure for tax reform has increased as many large tech firms, in particular, have made large profits during the pandemic, and many countries need to raise tax revenues…

Tax policies risk global economic cooperation

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INTERNATIONAL

The impact of the diverted profits tax.

Cryptocurrency regulations will become more variable

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INTERNATIONAL

Cryptocurrency classification.

State assets may fund Turkish public-private projects

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TURKEY

Moves to shore up the PPP infrastructure programme.

Seabed mining to advance despite climate risks

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INT

Various countries will increasingly permit or conduct seabed mining within their jurisdiction, while demand for metals for the green energy transition and international tensions…

Place-based economic policies see political resistance

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INTERNATIONAL

Place-based policies.

Captive insurers gain new role from emerging risks

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INTERNATIONAL

The evolving insurance market.