What are the latest tax reforms affecting global economies in?.

In 2024, numerous countries enacted significant tax reforms aimed at stimulating economic growth, enhancing compliance, and addressing income inequality. These reforms often include adjustments to corporate tax rates, changes in value-added tax (VAT) systems, and updated individual income tax brackets to accommodate inflation. Notably, countries like the U.S., Canada, and several European nations have made strides in implementing progressive tax structures and reducing loopholes, promoting a fairer tax system.