
U.S. proposes major global tax changes; Shanghai to build X-border RMB payment centre
U.S. proposes changing the global tax system for corporates * OECD inks tax co-operation * Shanghai to build X-border RMB payment and clearing center * SGX revises calculation methodology *Thai ministry grants foreign institutions rights to issue baht-denominated bonds * And more.

Obama proposes to kill deferral of domestic taxation of foreign income regime
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