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The corporate income tax rate has been reduced from 15% to 14% for companies with taxable income below €175,000

Australian ministers have the power to specify certain jurisdictions

The global ordinary rate lowers from 24.94% to 23.87% for companies based in Luxembourg City.

The four corners agree the Taiwan tax bill should become law

The laws should be kept under review and advice confirming the application should be sought.

Ireland transposed the EU Minimum Tax Directive, which was based on the Pillar Two GloBE rules, into its domestic laws in 2023,

The uplift comes amidst other pressures facing the charities sector, including a 6.7% rise in the national living wage effective from 1 April 2025.

Companies must self assess their corporation tax liability.

The Court of Appeal was tasked with considering three preliminary issues that had been previously addressed by the High Court in 2023.

From 6 April 2025, the concept of 'domicile' will largely cease to be relevant for tax purposes.

This 15% minimum rate is achieved through jurisdictions enacting the OECD's Global Anti-Base Erosion (GloBE) Rules.

The key regulators in the Bahamian tax system are the DIR and the Department of Customs.

The Cayman Islands Department for International Tax Cooperation (DITC) has stated that it will consider appropriate compliance and enforcement action

These supplies all carry what is known as the right to deduct.

These rules allocate taxing rights amongst certain jurisdictions that are relevant to the MNE group.

This dispute centres on the application of the UK’s “unallowable purpose” rules.

US citizens and domiciliaries living in the UK now face unique challenges and opportunities as a consequence of these changes.

The position can be improved even further for those who wish to manage their investments from Singapore.

The position can be improved even further for those who wish to manage their investments from Singapore.

A fund manager earning £500,000 in carried interest will see their tax liability increase from £140,000 under the previous 28%