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World conference in Washington – coming together to build value

Morison Global has featured on the front cover of the International Accounting Bulletin's August 2024 issue!

Congratulations to our members Sensiba LLP and Calibre CPA Group, PLLC who have been recognised in INSIDE Public Accounting's Top Firms 2024 rankings. Sensiba LLP, has been ranked in the Top 100, and Calibre CPA Group, in the Top 200.

The Organization for Economic Cooperation and Development (OECD) is proposing the Global Minimum Tax (GMT) on multinational corporate profits to ensure that large multinational enterprises (MNEs) are subject to a 15% effective minimum tax rate regardless of where they operate. Currently, around 45 jurisdictions have implemented domestic tax laws to effectuate GMT, with more countries preparing to follow the trend and adapt their tax systems to accommodate this trend of global taxation. As Taiwan is not a member of the OECD nor admitted to the Inclusive Framework, it may choose to follow this global trend on a voluntary basis and make legislative changes that align with its own interests.

In February 2024, the Egyptian Government approved Law No. 7 of 2024, regarding the amendment of certain provisions of Article No. 8 and Article No. 13 of the Income Tax Law, promulgated by Law No. 91 of 2005 concerning the tax on salaries.

We are pleased to announce the appointment of two new directors to the Morison Global European Board: David James, International Liaison Partner at Grupa Strategia in Poland, and Izabela Suchomska, Partner at Nyman Lisbon Paul in the UK.