G20-OECD tax framework Current Affairs, GK & News
Crypto-Asset Reporting Framework
The Crypto-Asset Reporting Framework or CARF was recently released by the Organization for Economic Co-operation and Development (OECD). Key facts The CARF aims to ensure the collection and automated exchange of information on crypto assets with jurisdictions of taxpayers’ residences every year in a standardized manner. The framework defines crypto assets as any assets that ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs
Topics: Challenges with the cryptocurrencies • crypto asset • G20 • G20-OECD tax framework • OECD
India joins G20-OECD Tax Framework deal
India and majority members of OECD and G20 Inclusive Framework on Base Erosion & Profit Shifting adopted a high-level statement that outlines a consensus solution in a bid to address tax challenges that are arising from digitalisation of economy. Key Points This proposed solution comprises of two components: First pillar is about reallocation of additional ..
Month: Current Affairs - July, 2021
Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs
Topics: G20 Countries • G20-OECD tax framework • Global Minimum Tax Rule • India-G20 • India-OECD • OECD • Treaty Shopping