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From:ChinaDaily   |  2021-07-06 09:27 China s large multinational companies need to prepare for new corporate tax rules proposed by the world s leading economies, experts said. On Thursday, 130 countries and jurisdictions, including China, which represent about 90 percent of the global economy, agreed to a global tax reform plan that proposed, among other things, a global minimum corporate tax rate of at least 15 percent. The new global corporate tax initiative was piloted by the Organization for Economic Cooperation and Development and the G20, with an aim to deal with tax challenges like evasion and avoidance arising from the digitalized global economy. Final agreement on the plan is expected in October and the new tax regime may take effect in 2023, subject to each country or jurisdiction in enacting relevant laws.

Mathias cormannLi xuhongNational accounting instituteOrganization for economic cooperationEconomic cooperationBig techTaxation policyBeijing national accountingGeneral mathias cormannPillar oneதேசிய கணக்குவைப்பு முறை நிறுவனம்ஆர்கநைஸேஶந் க்கு பொருளாதார ஒத்துழைப்புபொருளாதார ஒத்துழைப்புபெரியது தொழில்நுட்பம்வரிவிதிப்பு பாலிஸீபெய்ஜிங் தேசிய கணக்குவைப்பு முறை