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Mazars is partnering with the CEE Property Forum, which will be held in Vienna during 20-21 September.

After a long time in development by OECD and member countries, the global 15% minimum tax (Pillar 2 GloBE), is close to implementation in some jurisdictions which will require adjustments from all affected groups. Our upcoming webinar will focus on the key issues and upcoming requirements in the light of the July further Administrative Guidance on Pillar 2 from the OECD and other new developments.

We would like to take this opportunity to send you the thirteenth issue of “Mazars Report: Economy and Financial Markets”, in which we follow the developments on the international and local markets for you on a quarterly basis.

The business environment has always had a dynamic character, constantly changing, and evolving in direct relation to social and economic factors. When talking about payroll, the shifts come in response to the market needs, employee expectations, and employers’ willingness to keep their best human capital within the company. This ecosystem usually drives new trends each year, as companies mature, or new generations enter their new chapter as professionals, breathing new life into the market.

In mid of February of this year, the Council of the EU placed Russia on the list of countries not cooperating with the EU authorities on tax matters. In addition to Russia, Costa Rica, the Marshall Islands and the British Virgin Islands have been newly added to the list. This brings the total number of countries on the EU list to 16.