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Impact of U.S. Pulling Out of Global Tax Deal on India’s Tax System

The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it

Global News

21 Jan 2025 11:45 AM 1.36k views

Impact of U.S. Pulling Out of Global Tax Deal on India’s Tax System

The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it

Global News

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#global-tax-deal

Impact of U.S. Pulling Out of Global Tax Deal on India’s Tax System

Impact of U.S. Pulling Out of Global Tax Deal on India’s Tax System

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Indians offered UAE golden visa for ₹23 lakh through nomination process

Hooters Files for Bankruptcy in Texas to Restructure $601 Million Debt

The Influence of Social Media on the Music Industry

Mild 3.5 Magnitude Earthquake Hits Uttarkashi, Uttarakhand on January 24, 2025

Fawad Khan-Vaani Kapoor's Film Abir Gulaal Pulled Amid Boycott Calls After Pahalgam Attack

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#global-tax-deal

Impact of U.S. Pulling Out of Global Tax Deal on India’s Tax System

Impact of U.S. Pulling Out of Global Tax Deal on India’s Tax System

Indians offered UAE golden visa for ₹23 lakh through nomination process

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Jerry Greenfield Resigns from Ben & Jerry’s After 47 Years Over Unilever Dispute

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