Global Minimum Tax: A Comprehensive Overview.
In recent years, discussions around global minimum tax have gained significant traction in the realm of international taxation. With multinational corporations often exploiting loopholes and shifting profits to low-tax jurisdictions, there has been a growing consensus among policymakers that a global minimum tax could help address these issues. In this article, we will delve into the basics of global minimum tax, its importance, and its impact on multinational corporations and the global economy.
What is Global Minimum Tax?
Global minimum tax is a tax policy that aims to ensure that multinational corporations pay a minimum level of tax regardless of where they operate or where their profits are booked. This policy is designed to prevent profit shifting and tax avoidance strategies that allow corporations to minimize their tax liabilities by shifting profits to low-tax jurisdictions.
Why is Global Minimum Tax Important?
How Does Global Minimum Tax Impact Multinational Corporations?
Impact on the Global Economy
Conclusion:
Global minimum tax is a significant development in the field of international taxation, with the potential to address issues related to tax avoidance and profit shifting by multinational corporations. While there are challenges associated with its implementation, such as compliance costs and potential impacts on competitiveness, many argue that the benefits outweigh the costs. As discussions around global minimum tax continue, it will be crucial for policymakers to consider its implications carefully and work towards a fair and equitable international tax system.
Setting a minimum tax rate prevents multinationals from exploiting shifting profits. Don't overlook transfer pricing. Be proactive to
manage compliance and risks early on to avoid future headache.
Join us in this workshop as we delve into real-life case studies to share practical knowledge on managing transfer pricing in Singapore and the Asia Pacific region.
In this half-day course, the participants will learn how the MNEs are impacted by the recent transfer pricing developments and the practical strategies to update transfer pricing policies.
This workshop aims to provide actionable insights and tools for finance professionals, tax advisors, and business leaders to effectively manage transfer pricing within their respective industries.
The Introduction to Transfer Pricing workshop is designed to arm participants with an understanding of transfer pricing as well as transfer pricing compliance in various Asia Pacific countries.
This webinar will provide you with the top practical tips for success! We’ll discuss best practices for intragroup financing in the region, including regulatory and risk management issues and potential pitfalls.
This seminar is designed to share practical knowledge through real life case studies about key aspects of managing transfer pricing risks.
Our expert speakers will discuss the latest trends in intra-group services in Malaysia and offer advice on how to develop effective management strategies.
This webinar aims to provide participants across Singapore and Asia with a comprehensive understanding of the Global Minimum Tax (GMT) framework.
Navigating Malaysia’s updated transfer pricing landscape requires more than a basic understanding. With two major transfer pricing guidelines now totalling over 180 pages (excluding appendices), businesses with cross-border activity between Singapore and Malaysia must be ready to adapt, act, and comply confidently.
This webinar is designed to equip you with clear, practical guidance on Singapore’s latest transfer pricing rules, including key documentation requirements and IRAS expectations.
Join us for an immersive day of learning alongside leading experts as they unravel key global trends and, crucially, deliver specific, actionable local and regional insights.
A 60‑minute expert-led webinar explaining how tariff volatility intersects with arm’s‑length transfer pricing requirements and intercompany policy design.
A 60‑minute expert-led webinar explaining how tariff volatility intersects with arm’s‑length transfer pricing requirements and intercompany policy design.
To assist taxpayers in complying with new minimum tax requirements, the ATO has released Draft Practical Compliance Guideline PCG 2025/D3, which outlines a practical administrative approach to penalty enforcement during a crucial transition period.
Malaysia’s Transfer Pricing Guidelines have been comprehensively updated. Join our expert led webinar to understand what’s changed, why
it matters, and how to respond with confidence. Presented in Chinese by Mr Bing Jing Yam.
馬來西亞的移轉訂價指引已進行全面更新。參加我們由專家主導的線上研討會，了解有哪些變更、為何重要，以及如何自信應對。由嚴秉進先生以中文主講。
Malaysia’s Transfer Pricing Guidelines have been comprehensively updated. Join us to understand what’s changed, why it matters, and how to respond with confidence.
Transfer Pricing Solutions Malaysia has been announced as a finalist for Transfer Pricing Firm of the Year – Malaysia in the 2025 ITR Asia-Pacific Tax Awards.
Transfer Pricing Solutions has been named a finalist in the prestigious 2025 ITR Asia-Pacific Tax Awards in three key jurisdictions: Australia, Singapore, and Malaysia, under the category of Transfer Pricing Firm of the Year.
Transfer Pricing Solutions Asia has been shortlisted as a finalist for Transfer Pricing Firm of the Year – Singapore in the 2025 ITR Asia-Pacific Tax Awards.
Gain practical clarity and confidence in preparing the International Dealings Schedule (IDS) with this insightful session, designed to simplify compliance and reduce risk.
The Introduction to Transfer Pricing workshop is designed to arm participants with an understanding of transfer pricing as well as transfer pricing compliance in various Asia Pacific countries.
This webinar aims to provide participants with a foundational understanding of transfer pricing principles, global standards, and their importance in intercompany transactions.
From 1 January 2025, the ATO is updating its Local File reporting requirements for CbCREs. These changes aim to enhance clarity, consistency, and compliance across international tax reporting.
Starting 1 July 2024, certain large multinational enterprises (MNEs) will be required to publicly disclose select tax and operational data under the new Public Country-by-Country (CBC) Reporting regime in Australia.
Factors to consider when determining the amount of your inbound, cross-border related party financing arrangement - ATO compliance approach
As global tax reform reshapes the way multinationals manage cross-border transactions, Operational Transfer Pricing (OTP) is rapidly becoming a business-critical priority, especially in the Asia-Pacific (APAC) region.
As global trade becomes more complex, companies are re-examining their supply chains - and transfer pricing is at the heart of that conversation.
The OECD has published updated transfer pricing country profiles reflecting the current transfer pricing legislations and practices of 11 jurisdictions and issued for the first time the profiles of Azerbaijan and Pakistan. These latest country profiles present country-specific information on the transfer pricing treatment of hard-to-value intangibles and the simplified and streamlined approach for baseline marketing and distribution activities.
This session will delve into the significance of withholding tax when dealing with international payments.
