KPMG's Sarson on G7 Corporate Tax Deal

The video discusses the global minimum corporate tax proposal, which aims to ensure businesses pay fair taxes. It explains the mechanics of the tax, including how it applies to parent companies and subsidiaries, and the role of tax havens. The video also covers the shift towards taxing businesses based on where they operate rather than where they are headquartered. It examines the impact on multinational companies and concludes that while the changes are significant, they may not be revolutionary for all businesses.

How does the new tax system affect companies with a profit margin exceeding 10%?

In what ways might the global minimum tax impact tax authorities and their operations?

What challenges might arise from the implementation of the global minimum tax?