Singapore Global Minimum Tax Law has been Published in the Official Gazette
On November 27, 2024, the Multinational Enterprise (Minimum Tax) Act 2024 was published in the Singapore Official Gazette. This implements the Pillar 2 GloBE rules in Singapore for fiscal years beginning on or after January 1, 2025.
GMT Amendments in the Hungarian Autumn Tax Package Passed to President for Signature
The Hungarian Autumn Tax Package has been passed by Parliament and was sent to the President for signature on November 27, 2024. This includes amendments to the GMT law, most notably registration and the QDMTT return/payment obligation.
