Mentor’s comment- https://www.financialexpress.com/opinion/globe-rules-making-a-start/2400251/ In the intro, mention model rules released by OECD. In the body, mention two pillars of the rules, how it will help in bringing the common principles at the domestic-law and treaty levels to tax income of specified business. In the challenges mention an ambitious timeline, willingness on part of the US … Continue reading Q.3 What are the GLoBE rules? What are the challenges in its implementation? (10 Marks)