![The future of Global Minimum Tax: What to expect in 2024](https://tax.thomsonreuters.co.uk/wp-content/uploads/2024/01/TR4021360_05A_800x450-1-300x300.jpg)
The future of Global Minimum Tax: What to expect in 2024
In 2024, the new Global Minimum Tax (GMT) regime comes into force under the OECD’s base erosion and profit-shifting (BEPS) reforms. Designed to prevent the practice of moving profits to lower tax jurisdictions, under the new “Pillar Two” rules, companies whose revenues exceed €750m will have to pay a minimum tax rate of 15% in […] … Read More