新2正网会员开户www.hg108.vip)是一个开放皇冠正网即时比分、新2正网会员开户开户的平台。新2正网会员开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP,提供皇冠正网代理开户、皇冠正网会员开户业务。

Ernst & Young Tax Consultants Sdn Bhd Malaysia tax managing partner Farah Rosley said: “We should be nimble in our approach to granting tax incentives, as large multinationals may no longer require or prefer a 0% tax rate in Malaysia if they just have to pay a top-up tax elsewhere. Our tax incentives must be carefully tailored based on the requirement of the individual investor."

PETALING JAYA: The proposed global minimum corporate tax (GMT), to curtail tax competition and shifting of profits, is set to benefit Malaysia if it follows international tax developments and does not forgo taxing rights on the profits generated here to other countries.

Initially set to roll out next year, the global tax has been delayed until 2024, according to the Organisation for Economic Co-operation and Development (OECD).

On Oct 8, 2021, 136 countries and jurisdictions agreed to a proposal developed by the OECD that includes establishing a 15% global minimum tax rate.

Ernst & Young Tax Consultants Sdn Bhd Malaysia tax managing partner Farah Rosley said: “We should be nimble in our approach to granting tax incentives, as large multinationals may no longer require or prefer a 0% tax rate in Malaysia if they just have to pay a top-up tax elsewhere. Our tax incentives must be carefully tailored based on the requirement of the individual investor.

“It is also important to assess what the corporate income tax rate should be going forward. Malaysia’s statutory income corporate tax rate is currently at 24%.

“This is higher than the 15% global minimum tax rate and is also higher than the tax rates in neighbouring countries, which generally do not exceed 20%.

,

欧博手机版app下载www.aLLbet8.vip)是欧博集团的官方网站。欧博手机版app下载开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

Tricor's Veerinderjeet Singh

“Having a lower corporate income tax rate may help the country to become more attractive to foreign investors,” she said.

With the impending introduction of the GMT, she said the country’s tax system should be competitive. It must also continue to develop and improve policies to encourage fresh domestic and foreign direct investments (FDIs), whilst retaining existing investments.

There is a need to ensure the tax system, including the tax incentive framework, remains effective and relevant, Farah said.

Shedding light on the GMT, Tricor Malaysia chairman Veerinderjit Singh said it is meant to end tax competition among countries which keep lowering their corporate tax rates and to end profit shifting by multinational companies (MNCs) by moving profits to low tax jurisdictions.

Veerinderjit, who is also the vice chair of Paris-based Global Commission on Taxation, International Chamber of Commerce, said under this proposed tax, it is a good thing for nations as all qualifying MNCs would be treated the same.

欧博ALLbet官网声明:该文看法仅代表作者自己,与本平台无关。转载请注明:新2正网会员开户:Preparing for a global tax reform
发布评论

分享到:

欧博会员登录:Wall Street opens flat after best performance in a week
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。