In a recent podcast conducted by Deepanshu Singal with Dr. Mansi Kedia and Mr. Meyyappan Nagappan, the concept of Global Minimum Tax was assessed, with regard to the new tax in terms of its working and its profound impact on developing economies, especially India, and Multinational Companies in general. The topic has recently been a subject of deliberation as various countries, including India are estimated to benefit hugely from the implication of a global minimum tax. It is particularly interesting because of its magnitude and the zeal with which several countries, developing and developed alike, seem to be working on this. Global Minimum Tax undoubtedly is multi-layered and one needs to look at it more closely in order to understand its working and potential.
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