17 October 2024

Morison ACPM rebrands to AVINCLA

Morison Global’s member firm in Spain, Morison ACPM, announces a new chapter in the history of the firm, by rebranding to AVINCLA.

16 August 2024

Taiwan’s development and reactions with Global Minimum Taxation

The Organization for Economic Cooperation and Development (OECD) is proposing the Global Minimum Tax (GMT) on multinational corporate profits to ensure that large multinational enterprises (MNEs) are subject to a 15% effective minimum tax rate regardless of where they operate. Currently, around 45 jurisdictions have implemented domestic tax laws to effectuate GMT, with more countries preparing to follow the trend and adapt their tax systems to accommodate this trend of global taxation. As Taiwan is not a member of the OECD nor admitted to the Inclusive Framework, it may choose to follow this global trend on a voluntary basis and make legislative changes that align with its own interests.