The OECD has published a compilation of qualified domestic rules together with other tools to streamline the co-ordinated administration of the global minimum tax on 15 January 2024. Central record of legislation with transitional qualified

On 15 January 2025, A key part of the OECD/G20 BEPS Project addressed the tax challenges arising from the digitalisation of the economy. In October 2021, over 135 jurisdictions joined a ground breaking plan to update key elements of the

The OECD has released a working paper titled MNE Business Functions and Corporate Taxation on 13 January 2025, exploring how multinational enterprises (MNEs) adjust their business activities within a jurisdiction in response to corporate tax

The OECD released a statement from the co-chairs of the OECD/G20 Inclusive Framework on BEPS on 13 January 2025.  This update highlights the progress made toward finalising Pillar One of the two-pillar solution, designed to address the tax

President Asif Ali Zardari has enacted the Income Tax (Amendment) Ordinance 2024 on 28 December, which establishes new corporate tax rates for banks. Under the ordinance, banks will face a 44% tax rate for the 2025 tax year (from 39%), gradually

Pakistani Finance Minister Muhammad Aurangzeb presented the Tax Laws (Amendment) Bill, 2024, to the National Assembly on 18 December 2024 to strengthen measures against non-filers. The proposed bill introduces strict measures targeting