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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…

Argentina reforms advance but carry political cost

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ARGENTINA

Following its strong results in the October mid-term election, the government has been pressing tax and pension reforms and a new fiscal accord with provincial governors; all…

Panama leak to boost global fight against tax evasion

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INTERNATIONAL

The 'Panama papers' disclosures brought attention to the weak harmonisation of corporate tax policies, creating loopholes that can be exploited to avoid and evade tax. The…

Argentine agriculture investments could prove elusive

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ARGENTINA

The outlook for agriculture.

Brazil's recession will be long and recovery tepid

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BRAZIL

Poor industrial performance adds to a long list of woes for an economy facing a deep recession, with increasing unemployment, high inflation and the risk of losing its hard-won…

Greek firms will struggle whether ‘competitive’ or not

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GREECE

The controversy over declining competitiveness.

Shell departure will expose Dutch business risks

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NETHERLANDS

The oil and gas giant cited the country’s 15% dividend tax on some types of shares as a key reason behind its decision, while in recent years the company has been subject to…

Copper will bolster economic improvements in Peru

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PERU

The booming copper industry will stimulate production overall while helping to bolster export earnings and treasury receipts. The Castillo administration has produced proposals…

South African budget prompts cheer and wider divisions

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SOUTH AFRICA

However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…

Russia will both contest and adjust to EU carbon tax

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RUSSIA

Additional EU taxes on carbon-intensive energy and other products could cost Russian industry up to EUR50bn (USD59bn) before 2030. With some corporate exceptions, Russia's…