How are global tax policies evolving in 2024 and beyond?.

In 2024, global tax policies are increasingly influenced by digitalization, international cooperation, and economic recovery efforts. Governments are adapting tax structures to capture revenue from digital platforms and to address inequalities exacerbated by the pandemic. The OECD’s Base Erosion and Profit Shifting (BEPS) initiatives are gaining traction, pushing for consistent tax frameworks across nations to combat tax avoidance by multinational corporations. Additionally, countries are implementing climate-related taxes as part of their sustainability goals, further changing the landscape of taxation.