Capitals fear retaliation from the U.S. and are considering changing the rules to grant American companies an exemption from a crucial provision of the global tax deal.

The OECD’s 15% global minimum tax must coexist with the US version—the tax on global intangible low-taxed income—a Treasury official said at a conference Friday, noting talks are underway to figure ...

A significant development in the global tax landscape is the introduction of the global minimum tax (GMT). In the Asean region, Malaysia and Vietnam have started to implement and adopt the GMT in ...

ON Dec 30, 2023, Malaysia enacted law to introduce Pillar Two global minimum tax (GMT) rules for large multinational groups, joining what is now a growing list of more than 30 other countries that ...

GE Aerospace expects the global minimum tax to cost the company $100 million in 2025, according to financial filings Tuesday.

THE International Labor Organization (ILO) has brokered an agreement within its Joint Maritime Commission to raise the global ...

The current International Labour Organization (ILO) minimum basic wage, for an able seafarer, was increased from $673 per ...

The International Labor Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at ...