Podcasts about global tax

Send us a textScott Levine, former Treasury deputy assistant secretary for international tax affairs, discusses President Trump's executive order on the OECD's global tax deal and its potential impact on the two-pillar project. Listen to our previous episodes on the two pillars here:Making Progress: Updates on the OECD Tax Reform PlanAn Update on Pillar 1 Amount BPillar 1 Amount B: Disagreements and DividesManal Corwin Takes the Helm: Updates on the OECD Tax Reform PlanFor more coverage, read the following in Tax Notes:Official Highlights Importance of Amount B Amid Undecided FutureEconomist Warns U.S. Rejection of Global Minimum Tax Hurts EUHouse Republicans Reintroduce Anti-Pillar 2 LegislationEU Laments Trump's Disregard for OECD's Global Tax PlanFollow us on X:Stephanie Soong: @StephanieSoongDavid Stewart: @TaxStewTax Notes: @TaxNotes**This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner: Jordan ParrishAudio Engineers: Jordan Parrish, Peyton Rhodes

#LondonCalling:  POTUS gives license to the EU to discard Global Tax and Net-Zero.@JosephSternberg @WSJOpinion 1848 EDINBURGH CASTLE

GOOD EVENING: The show begins in the markets, excited by POTUS and waiting for Chairman Powell... 1870 Manhattan CBS EYE ON THE WORLD WITH JOHN BATCHELOR FIRST HOUR 9-9:15 MARKETS: Fed pause. Liz Peek, The Hill, Fox News and Fox Business 9:15-9:30 MARKETS: POTUS momentum. Liz Peek, The Hill, Fox News and Fox Business 9:30-9:45 GAZA: POTUS recommends resettlement of Gazans 9:45-10:00 LEBANON: The LAF collaborates with Hezbollah. Jonathan Schanzer, FDD SECOND HOUR 10-10:15 Ukraine: Deploying the Army on the Mexican border. Colonel Jeff McCausland, USA (retired) @mccauslj @CBSNews @dickinsoncol 10:15-10:30 Ukraine: IRON DOME and POTUS. Colonel Jeff McCausland, USA (retired) @mccauslj @CBSNews @dickinsoncol 10:30-10:45 LondonCalling: POTUS gives license to the EU to discard Global Tax and Net-Zero. @JosephSternberg @WSJOpinion 10:45-11:00 LondonCalling: POTUS asks how much for Greenland? @JosephSternberg @WSJOpinion THIRD HOUR 11:00-11:15 AI: End of AI supremacy. John Cochrane, Hoover 11:15-11:30 HOUSING: Government made housing prices. John Cochrane, Hoover 11:30-11:45 BERLIN: CDU entertains a coalition with AFD. Judy Dempsey, Senior Scholar, Carnegie Endowment for International Peace in Berlin 11:45-12:00 BERLIN: Trump and Germany. Judy Dempsey, Senior Scholar, Carnegie Endowment for International Peace in Berlin FOURTH HOUR 12-12:15 JAPAN: Watching the PRC from Tokyo Bay. Gregory Copley, Defense & Foreign Affairs 12:15-12:30 AFRICA: ECOWAS crumbles; Rwanda attacks; Africa Alone. Gregory Copley, Defense & Foreign Affairs 12:30-12:45 Panama and Greenland: Defense of the Americas. Gregory Copley, Defense & Foreign Affairs 12:45-1:00 am KING CHARLES REPORT: The King to Auschwitz. Gregory Copley, Defense & Foreign Affairs

President Donald Trump threw a major wrench into the fate of the OECD global tax deal on his first day in office, sparking concerns among the international tax community about the deal being fundamentally reshaped. Trump issued a presidential memo Jan. 20 stating the global tax deal has no "force or effect" in the US and instructed the Treasury Department to come up with a list of protective measures to impose on any country that enacts discriminatory or extraterritorial taxes against American taxpayers. This week, Bloomberg Tax reporter Lauren Vella sits down with Scott Levine, Treasury's former deputy assistant secretary for international affairs and top US OECD tax delegate, to chat about the status of the global deal and the impact of the new US administration's position on negotiations. Levine maps out two scenarios he sees playing out in Paris under the new Trump administration and gives some insight into how countries at the OECD might be feeling about the transition of power in the US. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Chris breaks down the demise of the global tax scheme championed by Biden, Yellen, and European nations, highlighting its potential harm to American businesses. He explains how the OECD's "Pillar One" and "Pillar Two" would have unfairly targeted U.S. tech and pharmaceutical companies while imposing a 15% minimum global tax rate. www.watchdogonwallstreet.com

Matthew Karnitschnig, Editor-in-Chief of Euractiv and Cliff Taylor, Columnist with the Irish Times

Doug McHoney (PwC's International Tax Services Global Leader) is joined by Will Morris, PwC's Global Tax Policy Leader and former Director of Global Tax Policy at General Electric to look ahead to potential global tax policy changes. Will enlightens Doug about the confluence of tax and tariffs, digital services taxes (DSTs), the importance of communicating with the C-suite, the fate of Pillar Two, how the undertaxed profits rule (UTPR) could change, the role of the UN and global tax, and the potential for a US legislation as a reaction to DSTs and the UTPR. 

In this episode, panelists discuss the latest global tax developments and issues to consider by year-end.

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe globalist are going all out, in the UK they are planning to steal the land from the farmers. LuLa is calling for a global tax on the people. Hochul is imposing a tax to limit cars. The economy is breaking down at an accelerated rate. Trump will turn it all around. The [DS] was very quite before the election, now we know they planned everything post election. The [DS] has prepared the 3 staged plan to stop Trump. They are prepared to bring the economy down, create chaos on Jan 6 and the 20th and start WWIII. They will now push all three as we approach Jan. Trump has the ultimate countermeasure, peace. Peace will shut it all down and the allow the economy to recover,he will round up the illegals, in the end the [DS] plan will fail. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/elonmusk/status/1858521463889825807 Brazil's Lula to Tell G20 Summit: Time for Global Tax on the Rich Luiz Inácio Lula da Silva, the radical leftist President of Brazil currently hosting the G20 summit in Rio de Janeiro, will tell attendees Monday the time has come for a global taxation impost on ultra wealthy individuals. At a July meeting of G20 finance ministers in Rio, the world's wealthiest nations agreed to start a “dialogue on fair and progressive taxation, including of ultra-high-net-worth individuals,” despite fierce resistance from the United States and Germany. Now Lula says the time has come for action as he hopes to move the wealth tax plan forward as the money raised from billionaires will help boost other pressing global issues, Deutsche Welle reports. Source: breitbart.com https://twitter.com/TomFitton/status/1858555808931606621   https://twitter.com/KobeissiLetter/status/1858229593909469385   even exceeds the 2020 peak and has been rising at a pace only seen during recessions. At the same time, credit card debt hit $1.17 trillion, a new record. This means a whopping ~$130 billion of credit card debt is on the verge of a default. US consumers are drowning in credit card debt. https://twitter.com/KobeissiLetter/status/1858528249606787425   job cut announcements are now at a massive 664,839, the most since the 2020 pandemic. Outside of the pandemic, planned layoffs are now at their highest since the 2008 Financial Crisis. Technology, health care, and manufacturing companies have been the primary drivers of layoffs this year. We expect higher unemployment into 2025. https://twitter.com/KobeissiLetter/status/1858545890988020035   retail's worst annual performance for any year where the index saw a double-digit return since 2015. Bad timing during market pullbacks has cost retail investors the vast majority of potential gains. This year, retail investors are on track for their 4th straight year of underperformance versus the S&P 500. Institutional investors are cashing-in on this rally. https://twitter.com/MAGAResource/status/1857954968579584026   abuse at the department of defense. The DOD has failed seven consecutive audits.@elonmuskand@VivekGRamaswamy have this at the top of their list to investigate and fix and their work cut out for them. Do you think Elon Musk and Vivek Ramaswamy can fix the waste fraud and abuse at the department of defense? TAKE A LISTEN https://twitter.com/KobeissiLetter/status/1858506749294088556 https://twitter.com/PrezLives2022/status/1857937480185504188?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1857937480185504188%7Ctwgr%5Ee8f3290686049f99b6a...

A few months ago, the European Commission published the first draft of the ‘debt-equity bias reduction allowance' directive (DEBRA), which is designed to encourage greater equity funding and discourage excessive debt funding. In our latest Tax Talk, our Global Tax team discuss the impact the directive could have on businesses, key considerations and the potential impact of DEBRA from a European perspective.

In this episode, panelists discuss anti-hybrid mismatch provisions and perspectives from across the world. 

What are the key challenges facing global tax policy today? Bob Stack, an international tax expert, explores the implications of the EU's adoption of Pillar Two and the potential for streamlining overlapping policies. He also addresses the issues that the US faces in global tax policy with the upcoming elections. In this insightful discussion, Bob dives into these pressing issues, drawing on his extensive experience at the US Department of the Treasury. He offers valuable insights into the OECD Inclusive Framework and the transformative Pillar Two.Links:https://taxfoundation.org/blog/pillar-two-unintended-consequences/https://taxfoundation.org/blog/global-tax-agreement/Support the showFollow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodSupport the show

What are the key challenges facing global tax policy today? Bob Stack, an international tax expert, explores the implications of the EU's adoption of Pillar Two and the potential for streamlining overlapping policies. He also addresses the issues that the US faces in global tax policy with the upcoming elections. In this insightful discussion, Bob dives into these pressing issues, drawing on his extensive experience at the US Department of the Treasury. He offers valuable insights into the OECD Inclusive Framework and the transformative Pillar Two.Links:https://taxfoundation.org/blog/pillar-two-unintended-consequences/https://taxfoundation.org/blog/global-tax-agreement/Support the showFollow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodSupport the show

This Tax Section Odyssey podcast episode takes a deeper dive into the Organisation for Economic Co-operation and Development's (OECD) initiative on Base Erosion Profit Sharing (BEPS) 2.0 which sets to reform the internation tax system with Pillar 1 and 2 tax regimes. In addition to the complexity of such international regulations, the political landscape for U.S. implementation is uncertain, and potential action is needed from Congress. Cory Perry, Principal, National Tax — Grant Thorton Advisors, and Vice Chair of the AICPA's International Technical Resource Panel (TRP), highlights that while many U.S. companies may not face larger tax bills if these regimes are adopted in the U.S., the administrative and compliance challenges are significant. The AICPA has submitted comment letters to the OECD, Treasury, and the IRS, focusing on simplification and clarification of rules. AICPA resources OECD BEPS 2.0 - Pillar One and Pillar Two — The OECD BEPS 2.0 sets out to provide a tax reform framework allowing for more transparency in the global tax environment. What you need to know about BEPS 2.0: Pillar One and Pillar Two | Tax Section Odyssey — The OECD BEPS 2.0 project is an international effort to reform the international tax system that addresses transfer pricing, profit allocation and tax avoidance. Advocacy Comments to Treasury on tax issues of OECD Pillar Two, Feb. 14, 2024 Comments to Treasury on Amount B of OECD Pillar One, Dec. 12, 2023  Other resources OECD BEPS — Inclusive Framework on Base Erosion and Profit Sharing For a full transcript of the episode, see  Tax Section Odyssey on the AICPA & CIMA website. 

In this episode Ari sits down with Max Bernt, Taxbit's Managing Director for Europe, to discuss the fragmented global tax regulatory landscape, reporting standards, the impact of tax policy on the digital assets ecosystem, and Max's journey from runway model to lawyer, judge to PhD, and tax policy expert. Max Bernt, Managing Director, Europe, Taxbit Host: Ari Redbord, Global Head of Policy, TRM Labs

In this episode of Tech Talks Daily, I sit down with Marna Ricker, EY's Global Vice Chair of Tax, to explore the intersection of emerging technologies, diversity, and the evolving landscape of global tax regulation. With over 28 years at EY, Marna is a transformational leader whose passion for authentic leadership and inclusive empowerment has not only shaped her career but also the future of the tax profession. We begin our conversation by diving into the impact of AI and generative AI on the tax industry. Marna shares insights on how these technologies are revolutionizing the way tax professionals manage and analyze vast amounts of data, automating processes that once required hours of manual effort. However, with innovation comes risk, and Marna highlights the common pitfalls that tax departments face when adopting new technologies without a clear strategy. From getting lost in the allure of shiny new tools to the importance of starting simple and focusing on data standardization, Marna offers a balanced perspective on how to navigate the tech landscape effectively. But the future of tax isn't just about technology. As global regulations evolve to create a fairer and greener world, tax professionals must adapt not only to new rules but also to changing workforce dynamics. Marna discusses the trends shaping the future of tax, including the influence of sustainability initiatives, and how companies can leverage tax policies to drive ESG goals. She also delves into the human side of this transformation, emphasizing the need for inclusive leadership and a human-centered approach to change management. Marna's leadership at EY is a testament to the power of diversity, equity, and inclusion in building high-performing teams. She shares the initiatives that EY has implemented, from inclusive leadership training to neurodiversity hiring programs, and how these efforts are making a meaningful impact across the organization. Tune in to hear Marna's unique perspective on the future of tax, the role of technology in driving innovation, and the importance of fostering an inclusive culture in today's rapidly changing world. What steps can you take to future-proof your tax function and ensure you're not falling into the technology trap?

How is e-invoicing revolutionizing global trade, and why should businesses take notice? In this episode, we speak with Alex Baulf, VP of Global Tax at Avalara, to explore the rise of e-invoicing and its profound impact on commerce around the world.  As governments increasingly mandate e-invoicing across various geographies, businesses must adapt to this new digital era or risk falling behind. Alex, who serves on the European Commission's eInvoicing Technical Advisory Group and is a Board Member of the Digital Business Networks Alliance, offers a deep dive into e-invoicing, how it works, and why it's becoming a critical component of international trade. E-invoicing, a digital document with structured, machine-readable data, is not just about compliance but transforming how businesses operate. Alex explains how e-invoicing streamlines processes, reduces costs, and enhances data quality, all while ensuring tax compliance in an increasingly regulated environment. He also discusses the role of tax authorities in driving this shift, particularly in the EU, where harmonization efforts are well underway, and in the US, where market-driven approaches are gaining traction. The conversation delves into the regulatory landscape, highlighting how countries are mandating e-invoicing to close the "VAT gap" and increase tax revenue. By 2030, most countries are expected to have e-invoicing mandates, making it essential for businesses to prepare now. Alex shares practical advice on how companies can embrace e-invoicing strategically, from investing in scalable global solutions to focusing on data quality and integration. He emphasizes that e-invoicing should be seen as an opportunity for process automation and efficiency rather than just a compliance obligation. Looking ahead, Alex touches on future trends in e-invoicing, including the growth of standardized formats like the PEPPOL network, the use of QR codes for public validation, and the expansion from e-invoicing to full e-document exchange. As businesses navigate this digital transformation, one question remains: Are you ready to harness the benefits of e-invoicing and stay ahead in the global marketplace?

Bernie Sanders and Ilhan Omar sent a letter to the administration urging the support of a Global Tax on the rich. A journalist's Evangelical church, in a cultish manner, canceled one of their own. --- Send in a voice message: https://podcasters.spotify.com/pod/show/politicsdoneright/message

Countries are under pressure to finalize and sign the text of the OECD's multilateral tax treaty, one part of the international tax deal known as Pillar One, by the end of June.  Several OECD officials, including Manal Corwin, director of the organization's Center for Tax Policy and Administration, have reported significant progress on finalizing the document. But negotiations have hit a snag. The problem area is treatment of another part of Pillar One, known as Amount B, that's meant to simplify the way businesses value intercompany marketing and distribution transactions. The US and India, in particular, have butted heads over whether the measure should be mandatory.  In this week's episode of Talking Tax, Bloomberg Tax reporter Lauren Vella sits down with Dr. Santiago Gomez Cifuentes, head of congressional affairs at the Colombian Embassy in Washington, to talk about progress made on the Organization for Economic Cooperation and Development-led deal and what's holding back the completion of Pillar One. Gomez Cifuentes is in close contact with the Colombian delegation to the OECD, and serves as a go-between representing Colombian interests in conversations with US lawmakers.  They also talk about Colombia's interest in the US Inflation Reduction Act and tax incentives that could boost mineral exports from Latin American countries. Produced by Matthew S. Schwartz.

In this episode, panelists discuss regional and local-country tax implications of post-merger integrations carried out by US multinational entities.

Adam N. Michel is director of tax policy studies at the Cato Institute, where he focuses on analyzing the economic and budgetary effects of taxation in the United States. Biden's Global Tax Efforts

In this global tax episode, panelists discuss strategic priorities for tax departments in a time of global tax transformation.

In this episode, panelists discuss developments affecting cross-border intercompany cash repatriation and financing.

In this episode of the SystemShift podcast, Tove Maria Ryding from the European Network on Debt and Development (Eurodad) joins us for a thought-provoking discussion on the crucial need for a UN tax convention. Delving into the intersection of tax and environmental issues, Tove looks at the principles that should guide the establishment of a fair global tax system. She emphasises the importance of preventing countries from becoming tax havens, ensuring accountability in tax spending, and simplifying the complex network of international tax treaties. The episode explores the impact on small and medium enterprises, the ongoing UN negotiations for a tax convention, and the potential contributions of tax reforms to a wellbeing economy. Listeners are encouraged to take action and demand accountability from their politicians, shedding light on the groundbreaking developments in the push for a fair and effective global tax system. Tune in to gain insights into the complexities of the current tax landscape and discover how individuals can play a role in shaping a more equitable future.SystemShift comes from Greenpeace Nordic and is hosted by Greenpeace Sweden campaigner, Carl Schlyter, and produced by Alexia Fridén, with additional support from Zane Ford, Christian Aslund and Attila Kulcsár. Hosted on Acast. See acast.com/privacy for more information.

This is Part 5 of our series "Designing the Perfect International Taxation System". In this episode ⁠⁠Harriet⁠⁠⁠ and ⁠⁠⁠Grahame⁠⁠⁠ discuss "Global Tax and Developing Nations" with Carlos Protto who is a member of the UN Committee of Experts on Tax Cooperation and is a leading adviser to the Argentine Government on matters of taxation. Carlos, Harriet and Grahame discuss the role of developing nations in the international tax community and the impact of recent developments on them. The discussion touches on not only the impact of international taxation reform but also the capacity of developing nations to participate fully and whether or not the OECD or the UN is the better arena for such discussions. We are very pleased to welcome such a world leader in tax policy, if you enjoy this episode and are new to our mini-series "Designing the Perfect International Tax System" you may well enjoy our Introductory episode and earlier episodes with Dan Neidle, Sam Mitha, Daniel Bunn and Thornton Matheson. You will also find more than 57 full length stand alone episodes of International Tax Bites.

This is Part 3 of our series "Designing the Perfect International Taxation System". In this episode Harriet⁠ and ⁠Grahame⁠ discuss "Global Tax, Capital Importers & Capital Exporters" with ⁠Dr. Thornton Matheson ⁠ who is (amongst many other things) a Technical Assistance Advisor with the International Monetary Fund Thornton, Harriet and Grahame talk about the economic basis of the international taxation system, how it serves those jurisdictions which import and those which export capital, the radical changes in the post war economy and the pressures that have driven change in the international taxation system. Look out for further episodes in this ongoing series. If you are new to the series feel free to go back to the introductory episode.

In 2017, Congress, in an effort to fund the Tax Cuts and Jobs Act, implemented a provision that hinders companies from fully counting R&D costs, including payroll, as legitimate expenses. Instead, they mandated the amortization of these expenses over five years. This change, effective from tax year 2022, resulted in a substantial increase in federal tax liabilities for many businesses. Because the implementation of this bill wasn't set to go into effect until five years later, many business leaders failed to notice the change and were caught flat-footed with enormous increases in their 2022 tax liabilities.  More alarmingly, the impact of this change on America's economy has been profound.  According to a National Association of Manufacturers' review of data from the Bureau of Economic Analysis, American R&D spending fell from a five-year average growth rate of 6.6 percent to just 1 percent after the new provisions were implemented in 2022.  Jonathan Forman of Global Tax Management addressed a standing-room-only crowd about the business-crushing implications of not fixing this part of the tax code. Jonathan stepped up to the One Mic Stand to give us a synopsis of the situation and insight to a proposed remedy.  Get more insight and contact your elected officials here.

I've seen so many nomads make the mistake of setting up their business or residency in the 'popular nomad hubs'. But what works for one business may not work for the next.In this episode, I dive into some important but often overlooked considerations when beginning your tax optimization journey.Connect with Nicole⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ @workwealthandtravel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube @workwealthandtravelWebsiteSign up for 80+ Remote Work Job BoardsGive the Podcast a 5-Star Rating on Apple Podcasts - Thank you!

About 140 nations have come together to agree on a 15% global minimum corporate tax rate and a way to make sure tech companies and other multinational giants pay their fair share. Putting these hard-won agreements into practice brings new difficulties and delays may mean a flurry of new digital services taxes. Furthermore, developing nations have pushed to put tax talks on the United Nations' agenda. In this episode of The Sound of Economics, Rebecca Christie is joined by Benjamin Angel and Pascal Saint-Amans to talk about the state of play in OECD's global tax deal. They discuss the role that different stakeholders play in the developments, including the OECD, the EU, the US and the Global South. 

African countries face several challenges in negotiating the global tax deal involving more than 140 countries at the Organization for Economic Cooperation and Development. The agreement includes reallocation of the residual profits of large multinational companies to market jurisdictions, known as Pillar One, and a 15% global minimum tax, known as Pillar Two. On this week's episode of Talking Tax, Bloomberg Tax senior reporter Danish Mehboob speaks with Logan Wort, executive secretary at the African Tax Administration Forum, about why developing countries feel they don't have a seat at the table for these negotiations and why some would prefer to have the project play out at the United Nations rather than the OECD. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

French President Emmanuel Macron once again criticized Israel's military efforts against the Islamist Hamas terror group in the Gaza Strip and warned that it would take a decade to fully eradicate the terrorist organization from the region. Speaking on the sidelines of the United Nations climate change conference in Dubai on Saturday, President Macron renewed his call for a Two State Solution which would divide the land of Israel and give it to the Palestinians. On this episode of the NTEB Prophecy News Podcast, today is Day 59 of the Israel-Hamas War, and it is Day 1,358 of 15 Days To Flatten The Curve. Macron is calling for A Two State Solution, Erdogan is calling for Netanyahu to be tried as a ‘war criminal', and an American destroyer shot down multiple drones on Sunday while assisting commercial ships in the Red Sea that were targeted by attacks from Yemen. Netanyahu for his part is vowing that the Palestinian Authority will never again control Gaza. The Middle East is a powder keg, with fires breaking out all around it as the flames come closer and closer to its fuse. Today I want to show you the coming Global Tax being called for this week at COP 28, how the Climate Scam is the cudgel being used to finish the job of ramming the Great Reset down our throats, and how AI will decimate our global society.

Jeremy Scott from Into the Parabnormal and David DuByne of ADAPT 2030 discuss how climate change narratives are more about controlling the population than limiting global temperatures.  Thank You for Visiting my Sponsors: 

It's a numbers game when it comes to reporting ESG and paying taxes, or not. And how do you better charge for road usage. 

In part 1 of this two-part episode, Mike Linter, Global Head of Private Enterprise Tax, Global Tax & Legal, KPMG International, Shay Menuchin, Policy Lead for KPMG's Private Enterprise Tax Network, KPMG in Canada, John Riva, Head of Tax for the KPMG Islands Group, and Greg Limb, Global Head of Family Office and Private Client at KPMG International unpack some of the potential impacts of the Global Minimum Tax on private companies and family offices.

In part 2 of this two-part episode, Mike Linter, Global Head of Private Enterprise Tax, Global Tax & Legal, KPMG International, Shay Menuchin, Policy Lead for KPMG's Private Enterprise Tax Network at KPMG in Canada, John Riva, Head of Tax for the KPMG Islands Group, and Greg Limb, Global Head of Family Office and Private Client at KPMG International, continue the conversation on the potential impacts of the Global Minimum Tax on private companies and family offices.

July was a big month for the OECD, marking its release of a tranche of documents detailing progress on the global tax deal agreed to by more than 130 countries in 2021. The agreement includes reallocation of the residual profits of large multinational companies to market jurisdictions, known as Pillar One, and a 15% global minimum tax, known as Pillar Two. On this week's episode of Talking Tax, Bloomberg Tax reporter Lauren Vella speaks with Manal Corwin, director of the OECD's Center for Tax Policy and Administration, about nuances of the latest guidance and next steps to move the deal forward. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

On episode 84 of the GMI Rocket show, we're exploring the world of remote work with a startup aptly named Work From Anywhere, and their co-founder and CEO, John Lee! As remote work becomes more common, and not just from home but from the Italian coast, the Austrian Alps or a wine bar in Portugal, one major issue always comes up: tax & compliance. That's where Work From Anywhere comes in. They leverage a proprietary algorithm and a network of tax consultants to help companies implement the right remote work model, accounting for risks and considering multiple employment options including setting up an entity, using an employer of record, hiring contractors or using digital nomad visas. As for John, he studied accounting at University College Dublin and worked in various accounting positions in different countries for a decade until he started his first company, CultureMee, which helps global travelers navigate and learn other cultures. Eventually, he launched Work From Anywhere, tackling tax in the growing remote work landscape. So, here's what John and I are going to be talking about: John's early life and how he got interested in accounting and finance John's experience working in accounting for a decade, and what he learned What led John to start his first business, CultureMee, and what that was like How Work From Anywhere was born, how the company works and where it's headed John's thoughts on the future of global mobility and the role technology plays in the industry And more! So please join us, ask questions and leave comments! #immigration #globalmobility #immigrationlaw #relocation #migration ---- Check out Work From Anywhere here: https://www.wfa.team/ Connect with John here: https://www.linkedin.com/in/j0hnlee/ Digital marketing for immigration & global mobility at GMI Rocket: https://gmirocket.com/ Digitize your LCA posting and PAF process with LaborLess: https://laborless.io/ Connect with Roman Zelichenko on LinkedIn! https://www.linkedin.com/in/romanzelichenko-electronic-lca-posting-public-access-file/

Governments landed agreement on some of the global tax deal's biggest open issues earlier this month. But major political questions remain. The issues will play out over the coming years in the US and around the world, said Bob Stack, who was the Treasury Department's OECD tax negotiator under the Obama administration and is now a managing director at Deloitte. In a conversation with Bloomberg Tax's Isabel Gottlieb, Stack talked about the recent agreement by the negotiating governments that will shield US companies' US income from foreign minimum tax for an extra year, and what that means for future global tax legislation in the US Congress. Stack also talked about prospects for the agreed, conditional freeze on new digital services taxes during remaining negotiations over implementation of Amount A, the global deal's profit reallocation plan. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Hear Lewis Lu, Head of Tax & legal, Asia Pacific and China, and Partner, KPMG China and Vicki Heard, EMA Head of Tax & Legal KPMG International, and Partner, KPMG in the UK, discuss the global tax landscape.

The OECD's global tax deal is approaching a milestone: The organization expects to see the release this summer of major remaining pieces of the agreement that have been under negotiation. But throughout the process, many developing countries have felt their concerns weren't sufficiently addressed, said Marlene Nembhard-Parker, a senior tax official in Jamaica who is also co-chair of the Inclusive Framework of 143 countries working on the global tax agreement. Meanwhile, the United Nations also has a new international tax effort in the works. That project isn't intended to duplicate or undermine the OECD's work, she said, but to "address the issues of legitimacy as to who is responsible for setting global tax rules." On this week's Talking Tax, Nembhard-Parker speaks about developing countries' perspective on the agenda and outcomes of the OECD and UN work, and why the commitment from governments to reach agreement on Pillar One creates a sense of "cautious optimism." Nembhard-Parker's remarks are part of a pre-recorded interview aired during the Bloomberg Tax Leadership Forum, held virtually Tuesday. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Aldo Mariani, Head of Global Tax Dispute Resolution & Controversy Services, KPMG International, discusses the findings of a recent KPMG International survey on tax authorities worldwide and the global environment that in-house taxpayers are navigating today.

In this episode, Marna Ricker, Global Vice Chair -- Tax at EY joins us from the Milken Institute Global Conference 2003 to discuss the global tax landscape. We get Marna's perspective on the OECD's Base Erosion and Profit Shifting Project, the TCJA, and how AI might affect the world of tax practice.

Kelly Lawler is the Vice President of the Global Tax at Mativ.

Key Takeaways:Pillar Two comes in effect for accounting periods beginning on or after 1 January 2024 for multi-national companies with global revenue in excess of Euro 750m.Complexity will arise from both the detailed calculations involved as well as timing related to the phased-in approach by jurisdiction as to when each country will require implementation of global tax rules. Immediate steps to be undertaking by multinationals include an impact assessment and inventory of entities in different jurisdictions to determine potential increase in effective tax rates or cash tax increase, as well as financial statement and tax return compliance.Establish a strategic roadmap that considers accounting, systems, policy choices, resources, controls, disclosures and reporting requirements.Create the proper governance structure to properly monitor and drive accountability in both current and future decisions impacting the business. Resources:OCED Releases Additional Pillar Two Guidance

With growing social polarisation and a lack of trust in the fairness of economic systems, progress on more efficient global taxation mechanisms, such as the OECD's global corporate tax deal, is becoming essential. How can we address the tax challenges raised by digitalisation and ensure a fairer redistribution of tax revenues across countries? This is the full audio of the session at the World Economic Forum's Annual Meeting 2023. Speakers:Joumanna Bercetche, Anchor, CNBC (moderator) Zainab Shamsuna Ahmed, Nigerian Minister of Finance Mathias Cormann, Secretary-General, Organisation for Economic Co-operation and Development (OECD) Gabriel Zucman, Director, EU Tax Observatory Faisal Alibrahim, Saudi Minister of Economy and Planning Watch this session:https://www.weforum.org/events/world-economic-forum-annual-meeting-2023/sessions/is-global-tax-reform-stalling SubscribeSubscribe on any platform: https://pod.link/1574956552 Join the World Economic Forum Podcast Club Follow all the action from the World Economic Forum's Annual Meeting 2023 at wef.ch/wef23 and across social media using the hashtag #WEF23.

Underwater searches are underway to recover the remains of the Chinese spy balloon that was shot down over the weekend. A full-senate classified briefing has been scheduled for Feb. 15. The Republican-controlled House is fighting an international tax agreement that would let other countries tax U.S.-based profits. The University of Florida might have more so-called “woke” programs than previously known, according to an insider who said he analyzed the situation. ⭕️Watch in-depth videos based on Truth & Tradition at Epoch TV

NTD News Today—2/6/20231. University of Florida Underreports DEI Programs: Report2. Dems Make South Carolina First Primary State3. NC High Court to Rehear Voter ID, Maps Cases4. House Not Likely to Approve Global Tax Deal5. Chinese Spy Balloon Shot Down Over Atlantic

Steve Forbes celebrates the likely failure of two international tax initiatives on global minimum taxes that have been temporarily derailed.Steve Forbes shares his What's Ahead Spotlights each Tuesday, Thursday and Friday.