International Taxation in the Post-Pandemic World
A shakeup in the international corporate tax regime is underway as governments grapple with the challenges posed by digital transformation and new business models resulting in changes to their taxation revenues.
President Biden is on record calling for a global minimum tax rate of 21%. Additionally, individual countries levied or are proposing their own digital services taxes whilst tightening tax administration to garner higher revenue. As a result, MNCs will have to deal with higher tax rates and an expanded global tax footprint.
Dean Rolfe, Tax Partner, Head of International Tax Asia Pacific, KPMG and Felicia Chia, Head of Transfer Pricing, KPMG, will lead the discussion on the likely outcomes and their impact on global companies.
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