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What are countries doing to implement OECD’s BEPS Pillar 2.0?

ThomsonReuters

The purpose of the OECD’s Global Minimum Tax (GMT ) is to make it harder for large MNEs (those with more than €750 million in revenues) to avoid taxes by shifting profits to jurisdictions with lower tax rates. South Korea : South Korea was the first country to enact new GMT rules to align with the OECD’s Pillar 2.0,

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Morrison & Foerster Discusses Antitrust Actions for Third Quarter 2023

Reynolds Holding

The third quarter of 2023 was eventful for both domestic and international cartel enforcers. Around the world, international competition authorities have picked up the pace in cartel enforcement. Not satisfied with recent successes, several international enforcers are deploying new tactics and tools to detect and investigate cartels.

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Global Minimum Tax (GMT) and the Data Dilemma

ThomsonReuters

Pillar 2) is here, as South Korea steps forward to be the first country to enact laws associated the OECD’s newly approved tax regime going into effect in January 2024. Global Minimum Tax (GMT) is a minimum rate of tax on corporate income internationally agreed upon and accepted by individual jurisdictions.

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How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

ThomsonReuters

Pagero helps companies manage all aspects of their e-invoicing compliance responsibilities, and Nazar Paradivskyy heads the company’s global regulatory department. We should also not forget non-EU jurisdictions, for instance, in Norway, nearly 90% of all invoices are electronic voluntarily.

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Gibson Dunn Discusses Rise of State Laws Restricting Foreign Entities’ Property Acquisitions

Reynolds Holding

In December 2022, CFIUS determined that it did not have jurisdiction to review the proposed acquisition of North Dakota land by a Chinese company, Fufeng Group, with the intent to build a $700 million corn milling plant. 1] These debates rapidly radiated beyond the beltway to state legislatures. Simpson (“ Shen ”). [6] Simpson (“ Shen ”). [6]

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