Switzerland is working on a package to enhance its competitiveness amid a global push to reform the corporate tax system, the government said on Friday.
The agreement on corporate taxes reached over the weekend by the finance ministers of the Group of Seven industrialised countries could potentially have profound implications for the tax strategies of companies and governments alike. The agreement, which is intended to discourage large multinational enterprises from shifting profits to low-tax jurisdictions and ensuring
Pakistan set its economic growth target at 4.8% for financial year 2021-22, the country's finance minister said on Friday as he presented the annual budget.
Traditionally low-tax Switzerland is readying a package to enhance its competitiveness amid a global push to reform the corporate tax system, the government said on Friday.