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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 1.28k 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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#oecd

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

February 20 Deadline Spurs Preterm Births Amid U.S. Citizenship Ban

Deputy Speaker Warns Jagan Mohan Reddy of Disqualification for Missing Assembly

Cranford police conduct crosswalk sting to enforce pedestrian safety

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T.K. Carter, veteran character actor from The Thing, dies at 69

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February 20 Deadline Spurs Preterm Births Amid U.S. Citizenship Ban

Deputy Speaker Warns Jagan Mohan Reddy of Disqualification for Missing Assembly

Cranford police conduct crosswalk sting to enforce pedestrian safety

Postecoglou Ends Spurs Trophy Drought, Inspires Aussies

Personalized Gifts

T.K. Carter, veteran character actor from The Thing, dies at 69

KTR Escalates Telangana Political Tensions with Scathing Remarks on Revanth Reddy and Congress

Lollapalooza 2026 India Dates Announced, Pre-sale Tickets Open on August 26

India Rejects Washington Post Reports on Maldives and Pakistan

AP Polls Wrapped: Jagan and CBN’s first reactions

#oecd

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

February 20 Deadline Spurs Preterm Births Amid U.S. Citizenship Ban

Deputy Speaker Warns Jagan Mohan Reddy of Disqualification for Missing Assembly

Cranford police conduct crosswalk sting to enforce pedestrian safety

Postecoglou Ends Spurs Trophy Drought, Inspires Aussies

Personalized Gifts

T.K. Carter, veteran character actor from The Thing, dies at 69

KTR Escalates Telangana Political Tensions with Scathing Remarks on Revanth Reddy and Congress

Lollapalooza 2026 India Dates Announced, Pre-sale Tickets Open on August 26

India Rejects Washington Post Reports on Maldives and Pakistan

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