Which of the following country recently joined OECD/G20 Inclusive Framework tax deal?
A. Nepal
B. Bhutan
C. India
D. Myanmar
Explanation:
India adopted the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting to address the tax challenges arising from the digitalisation of the economy. The proposed solution consists of two components- Pillar One which is about reallocation of additional share of profit to the market jurisdictions and Pillar Two consisting of minimum tax and subject to tax rules.
