International Tax Reform
International Tax Reform refers to changes in tax laws and regulations that affect how countries tax businesses and individuals operating across borders. The goal is to create a fairer and more efficient global tax system, addressing issues like tax avoidance and profit shifting by multinational corporations.
Key initiatives, such as those led by the Organisation for Economic Co-operation and Development (OECD), aim to establish common rules and standards. These reforms seek to ensure that companies pay taxes where they conduct business, ultimately promoting transparency and equity in the global economy.