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Which of the following country recently joined OECD/G20 Inclusive Framework tax deal?

Daily Current Affairs Quiz 3 July 2021

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.

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