Upcoming Marrakech meet: Global deal for 15% min tax on MNCs on anvil

India is also expected to outline its roadmap for implementing Pillar 1 of the proposed deal, which would require amendments to domestic laws

The global tax system is on the brink of an overhaul in terms of rights of taxation. Indian tax administrators and policymakers are likely to discuss the road map and related strategies for the implementation of new global tax norms during a special session in the Moroccan city of Marrakech this week.

The talks come at a critical time as India, along with other developing nations, is actively negotiating and progressing on the implementation of a minimum effective tax of 15 per cent on multinationals wherever they have a market presence.

On the implementation front, in the fourth and final meeting with