{"id":3162,"date":"2021-12-20T07:18:36","date_gmt":"2021-12-20T07:18:36","guid":{"rendered":"https:\/\/www.dartconsulting.co.in\/market-news\/?p=3162"},"modified":"2021-12-20T07:18:36","modified_gmt":"2021-12-20T07:18:36","slug":"what-is-two-pillar-solution-to-tax-challenges-arising-from-globalisation-impacts-of-digitization-in-the-global-economy","status":"publish","type":"post","link":"https:\/\/www.dartconsulting.co.in\/market-news\/what-is-two-pillar-solution-to-tax-challenges-arising-from-globalisation-impacts-of-digitization-in-the-global-economy\/","title":{"rendered":"What is Two-pillar Solution to Tax Challenges Arising from Globalisation \u2013 Impacts of Digitization in the Global Economy"},"content":{"rendered":"On 8 Oct, a group of 136 nations covering 90 % of the world economy agreed to the OECD-G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) after months of negotiations. The framework provides a two-pillar solution to address the tax challenges arising from the digitization\u00a0\u00a0and globalisation of the global economy and prevents a race by countries looking to slash tax rates to attract investment. Digitization and globalisation have had a significant effect on economies and people's <a href=\"https:\/\/www.dartconsulting.co.in\/market-news\/what-is-two-pillar-solution-to-tax-challenges-arising-from-globalisation-impacts-of-digitization-in-the-global-economy\/\" class=\"more-link\">Read more [...]<\/a>","protected":false},"excerpt":{"rendered":"<p>On 8 Oct, a group of 136 nations covering 90 % of the world economy agreed to the OECD-G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) after months of negotiations. The framework provides a two-pillar solution to address the tax challenges arising from the digitization\u00a0\u00a0and globalisation of the global economy and prevents a race by countries looking to slash tax rates to attract investment. Digitization and globalisation have had a significant effect on economies and people&#8217;s Read more [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[341,1],"tags":[279,304,38,357,356,358,305],"class_list":["post-3162","post","type-post","status-publish","format-standard","hentry","category-digitization","category-uncategorized","tag-analytics","tag-business-consulting","tag-business-research","tag-digital-marketing-advisory-services","tag-digital-marketing-management","tag-digital-strategy-services","tag-industry-consulting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dartconsulting.co.in\/market-news\/what-is-two-pillar-solution-to-tax-challenges-arising-from-globalisation-impacts-of-digitization-in-the-global-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Two-pillar Solution to Tax Challenges Arising from Globalisation \u2013 Impacts of Digitization in the Global Economy - DART Consulting\" \/>\n<meta property=\"og:description\" content=\"On 8 Oct, a group of 136 nations covering 90 % of the world economy agreed to the OECD-G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) after months of negotiations. The framework provides a two-pillar solution to address the tax challenges arising from the digitization\u00a0\u00a0and globalisation of the global economy and prevents a race by countries looking to slash tax rates to attract investment. 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