According to the OECD Secretary-General Report to G20 Finance Ministers dated July 1, 2021 (OECD Report), 130 member jurisdictions of the G20/OECD Inclusive Framework on BEPS (Base Erosion and Profit Shifting), representing more than 90% of the global GDP, joined an agreement for the two-pillar plan to reform current international tax rules and to address tax challenges, including those arising from an increasingly digital economy.
The EPA has issued an enforcement alert notifying facilities that operate large shredders that they are priority targets for potential enforcement actions for emission violations. The shredders in question are those typically utilized to shred cars and appliances, and the EPA estimates that there are approximately 250 permitted facilities in the US. The alert was issued in response to both EPA and state findings that emissions violations at several facilities are occurring, some of which are located in densely populated areas. The alert is intended to notify the operators of Clean Air Act requirements that may apply, depending on the… Read more