The European Union (EU) has recently adopted a new global minimum tax to help combat tax avoidance by multinational corporations (MNEs). The new tax, which is set at 15%, is intended to prevent companies from shifting profits to low-tax jurisdictions to reduce their overall tax burden. This will eventually be adopted by all member nationsContinue reading “Global Minimum Tax on Multi-national Entities Moves Forward in 2023”
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Why State Tax Compliance Important For Digital Service Providers
In 2018, a court case decided by the U.S. Supreme Court (South Dakota v. Wayfair) created a paradigm shift in how businesses are exposed to state tax filing requirements, leading to more companies exposed to state tax implications. SCOTUS ruled that states are no longer held to the threshold of physical presence to require anContinue reading “Why State Tax Compliance Important For Digital Service Providers”