OECD global tax deal: Large Indian companies rethink overseas investment plans

Earlier this month, the OECD had announced that 136 countries had agreed to join an accord to impose a two-pillar global tax reform plan. As per the deal, large multinationals have to pay a minimum tax of 15% on their global incomes from 2023 and those with profits above a threshold will now have to pay taxes in the markets where they conduct business.

from Economic Times https://ift.tt/3CdMorV