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The OECD's framework faciliates an automatic exchange of information between countries annually on crypto transactions in a standardised manner
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The OECD's framework faciliates an automatic exchange of information between countries annually on crypto transactions in a standardised manner
OECD's consultation paper proposes crypto asset reporting framework to ensure fair reporting of crypto assets for effective taxation.
Crypto industry experts flag concerns in OECD's Crypto Framework at a public consultation meeting held recently.
OECD was seeking the crypto industry's input for a new global tax transparency framework.
India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.
OECD claims the deal will bring more revenue to developing countries by taxing big tech equitably, but critics point to loopholes.
Under the OECD agreement, countries will need to eradicate all existing digital taxes to adopt the new tax framework.
Ireland's low tax rate all these years managed to attract big tech companies like Facebook, LinkedIn, TikTok, Apple, and Google.
Disagreement over global digital taxes may result in unilateral taxes and increased trade disputes, triggering a global trade war that could potentially shave off 1%...
European leaders doubled down on their plans to introduce digital services taxes after the US suspended talks with European countries on evolving a new...
