Africa
Liechtenstein
Africa
Swiss international tax update addresses OECD deal, treaties, MAP
Switzerland’s State Secretariat for International Financial Matters on January 10 issued a report on various ongoing tax projects, including the country’s take on the OECD deal, as well as the status of tax treaty negotiations, tax information exchange, mutual agreement procedure (MAP), and recent . . .
Europe
Europe
Americas
Austria
Europe
Africa
Africa
Twenty nations’ tax laws may aid multinational profit shifting, OECD report says
Twenty countries have tax laws that may be considered harmful preferential regimes, facilitating tax avoidance by multinationals and reducing the tax base of other countries, an OECD report released Monday revealed. The review, conducted by the OECD Forum on Harmful Tax Practices (FHTP), assessed countries’ tax laws against . . . .
Austria
Liechtenstein and Austria sign protocol to amend tax treaty
Liechtenstein and Austria have signed a protocol to amend their double tax agreement, the Liechtenstein government has announced. The agreement, signed . . .
Africa
Austria
Multinationals asked to critique tax dispute resolution processes in Austria, France, Germany, Italy, Liechtenstein, Luxembourg, Sweden
The OECD has today asked global businesses to assess the mutual agreement procedure (MAP) for resolving tax treaty disputes in Austria, France, Germany, Italy . . .
Andorra
EU Presidency releases plan to prevent multinational tax avoidance
The European Council on February 7 released the Maltese Presidency’s work plan regarding tax measures to prevent base erosion and profit shifting by multinationals, notes Davide Anghileri of the University of Lausanne . . .
Americas
Africa
Europe
Liechtenstein added to Italy’s tax “white list”
Liechtenstein has been placed on Italy’s national tax “white list,” Liechtenstein’s. . .
Europe
Liechtenstein government approves tax treaty with Switzerland
A tax treaty between Liechtenstein and Switzerland has been approved by the Liechtenstein government and transmitted to Parliament for consideration, the . . .
Asia-Pacific
Taiwan offers VAT refund to some foreign enterprises without fixed place of business
Taiwan’s taxation office announced Monday that foreign enterprises and other entities from specified countries that have no fixed place of business in Taiwan but engage in. . .
Asia-Pacific
Indian and Liechtenstein officials express interest in negotiating tax treaty
Liechtenstein and India may soon negotiate. . .
Europe
Europe
Liechtenstein and Iceland agree to terms of tax treaty
Liechtenstein and Iceland have agreed to sign a new tax treaty, Liechtenstein’s Ministry of Finance . . .
Australia
31 nations sign agreement on exchange of country-by-country transfer pricing reports
In an effort to provide their tax administrations with more tools to combat corporate tax avoidance through transfer pricing, officials from 31 countries today signed an agreement setting . . .
Americas
Switzerland weighs expansion of automatic exchange of tax information to 20 more countries
Davide Anghileri of the University of Lausanne discusses Switzerland’s decision to launch a consultation on automatic exchange of information with 20 more countries . . .
Americas
Africa
Americas
Europe
Switzerland announces entry into force of tax treaties with Liechtenstein, Oman
Davide Anghileri of the University of Lausanne discusses Switzerland’s new tax treaties with Liechtenstein and Oman . . .
Europe
Liechtenstein studying implementation of BEPS tax measures
Liechtenstein’s government on March 4 announced that it has instructed its tax authority to prepare a consultation report on implementing tax measures in the . . .
Council of the European Union
EU Council adopts directive on automatic exchange of tax rulings, reaches conclusions on BEPS
(Updated 12/10/2015) The European Council, during a December 8 meeting, formally agreed to an amended directive requiring EU States to exchange information automatically on advance cross-border tax rulings and . . .
Andorra
EU agrees to automatically exchange of tax information with Liechtenstein
The EU and Liechtenstein on October 28 agreed to automatically exchange tax information on the financial accounts of each other’s residents beginning . . .
Europe
Switzerland’s Federal Council approves tax treaty with Liechtenstein and protocol with Norway
Switzerland’s Federal Council on October 28 announced it has approved a new tax treaty with Liechtenstein and a tax treaty protocol with Norway . . .
Americas
EU tax haven blacklist disputed by OECD and listed countries
OECD tax officials have expressed dissatisfaction with a blacklist of 30 tax havens prepared by the European Commission, as have several countries on the list . . .
Asia-Pacific
Singapore-Liechtenstein tax treaty enters into force, text available
An agreement for the avoidance of double taxation between Singapore and Liechtenstein, signed June 27, entered into force on July 25. The treaty provides for exchange of tax information on request, and lowers withholding taxes on dividends to zero, on interest to 12 percent, and on royalties to eight percent. Treaty
Europe
Switzerland and Liechtenstein reach agreement on double tax treaty
Switzerland and Liechtenstein have agreed to the terms of a revised double tax treaty and expect to sign the agreement this summer, Switzerland’s Federal Department of Finance (FDF) announced on February 5. The agreement, which would replace . . .
Asia-Pacific
Liechtenstein and United Arab Emirates set to sign tax treaty
Liechtenstein and United Arab Emirates have initialed a tax treaty, Liechtenstein’s Ministry for General Government Affairs announced March 4. The treaty largely follows the OECD Model Convention and provides for cooperation on tax matters between the tax authorities. The agreement also clarifies the tax treatment of asset structures . . .
Europe
Liechtenstein and Italy sign tax information exchange agreement
Liechtenstein Prime Minister Adrian Hasler and Italian Finance Minister Pier Carlo Padoan on February 26 signed a tax information exchange agreement (TIEA) based on the OECD model and a protocol and joint declaration on future cooperation in tax matters. The TIEA provides for exchange of information relating . . .
