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Global Tax Reform: Brazil’s Move to Implement 15% Minimum Rate for Multinationals
Brazil plans to introduce a 15% minimum tax rate for multinational companies starting in 2025. This new tax will take the form of an additional Social Contribution on Net Income (CSLL) levy. The measure aligns with the OECD’s Base Erosion and Profit Shifting (BEPS) project. BEPS aims to combat tax planning strategies that exploit gaps […]
North Dakota Legislature rewrites budget bill, ending special session in 3 days
North Dakota’s Republican-controlled Legislature adjourned Wednesday after rewriting provisions of a major budget bill that was voided by the state Supreme Court, resolving a mess that had threatened to stymie government operations. The Legislature completed its special session in three days, less than a month after the surprising ruling that rejected the bill, which was […]