By Phillippe Benoit and David R. Hill Recently, much attention has been focused on the inequalities in our tax system that allow some of the wealthiest in the United States to pay very little tax. Energy costs are another area that may raise similar concerns, as poor households sometimes payRead More →

Nirmala Sitharaman The Ministry of Finance has asked for suggestions on the taxation of industries and commercial organizations for the 2022-2023 budget, which will set the tone for the growth of the Indian economy affected by the COVID-19 pandemic. In a communication to professional and industry associations, the ministry invitedRead More →

Given the accounting differences for global insurance companies in different jurisdictions, a new global minimum tax on some multinational companies creates the potential for double taxation for some insurance companies, according to a comment from AM Best. The Organization for Economic Co-operation and Development (OECD) announced on October 8, 2021Read More →