'Quantified Domestic Minimum Top-up Tax' is generally talked about in the context of :
This questions was previously asked in
EPFO EO AO 2023
Global Anti-Base Erosion Rules
Correct AnswerPrevention of Money Laundering
Incorrect AnswerRegulation of Crypto-currency
Incorrect AnswerVirtual Digital Asset Transactions
Incorrect AnswerExplanation:
- The Quantified Domestic Minimum Top-up Tax is discussed particularly in the context of the Global Anti-Base Erosion (GLoBE) Rules.
- These rules are part of the OECD's two-pillar solution aimed at addressing base erosion and profit shifting (BEPS) by ensuring a minimum level of taxation for multinational enterprises globally.
- This ensures that companies pay a fair amount of tax on their operations irrespective of where they are domiciled, preventing the shifting of profits to low-tax jurisdictions.
- Correct Answer: Global Anti-Base Erosion Rules
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By: Babita