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Podcast: My Startup Podcast
Episode: G7 Global Tax Plan: Impact on MNCs
Description: India could pitch for a broader application of the global proposal to tax multinationals backed by the G7, which covers all those identified by the OECD, not just the top 100 as well as the higher stake, officials said. Case.Earlier this month, G7 countries supported a proposal to impose minimum taxes on multinationals and digital enterprises, which have usually paid lower taxes or avoided taxes altogether by shifting profits to a lower tax jurisdiction.The G7 proposal envisages running a pilot with 100 MNCs against about 2,000 identified by OECD. The G7 plan suggests tax rights for market jurisdictionwhere customers are...