Africa
Africa
Africa
Algeria
Africa
EU updates list of non-cooperative jurisdictions in taxation matters
Today the Council of the European Union removed Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and the United Arab Emirates from the EU list of non-cooperative jurisdictions in taxation matters, writes Davide Anghileri of the University of Lausanne, Switzerland . . . .
Africa
Africa
Americas
Africa
Kenya signs agreement to fight offshore tax evasion and avoidance
Kenya on February 8 signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters . . .
Africa
Africa
Africa
17 nations placed on EU blacklist of tax havens
Davide Anghileri of the University of Lausanne discusses the EU’s tax blacklist, released December 5, which identifies 17 “non-cooperative jurisdictions” and warns many others that they could be listed in the future if they do follow through with commitments to improve specified aspects of their tax regimes . . .
Africa
Africa
Africa
EU removes Bahamas, Saint Kitts and Nevis from tax blacklist, agrees on rules for intermediaries
MNE Tax contributing editor, Davide Anghileri, discusses a Council of the European Union May 25 meeting where EU States agreed on new rules for regulating intermediaries that design or promote tax planning schemes; new wording to be included in agreements with third countries on good governance in tax matters; and moving the Bahamas and Saint Kitts and Nevis from the EU’s tax blacklist list to its “gray list” . . . ,
Africa
Africa
Africa
South African budget takes aim at hybrid debt instruments, share buybacks
South Africa’s 2016 budget includes a measure to curb perceived abuses associated with hybrid debt instruments and a warning about future action on share buybacks, writes South African tax practitioner, Peter Dachs . . .
Lesotho
Africa
Asia-Pacific
Africa
Africa
US, Algeria FATCA agreement enters into force
The US Treasury Department has updated its FATCA website, reporting that a FATCA IGA signed by the US and Algeria entered . . .
Africa
Africa
Ireland says tax treaty with Ethiopia entered into force, updates status of treaties with Ghana, Oman, South Africa
Irish Revenue has announced that a new double taxation agreement with Ethiopia entered into force on August 12. The treaty, signed November 3, 2014, will . . .
Africa
India-Mauritius tax treaty re-negotiated: what it means for international business
Mansi Seth, US practice leader at Nishith Desai Associates in New York, and Shipra Padhi, a senior international tax specialist based in the firm’s Mumbai office, discuss how the taxation of foreign investment in India will change as a result of the renegotiation of the India-Mauritius tax treaty . . . .
Cabo Verde
Africa
Africa
Africa
Mauritius signs tax treaties with Ghana, Jersey, negotiating Mali treaty
The Mauritius Revenue Authority has advised that Mauritius has signed tax treaties . . .
Africa
BRICS: tax policies should enhance growth, address BEPS
BRICS leaders, following their summit held October 15–16, called for tax policies that promote inclusive growth and expressed support for the implementation of the OECD/G20 base erosion profit shifting . . .
Algeria
Africa
Singapore’s tax treaties with Rwanda and Thailand enter into force
The Inland Revenue Authority of Singapore has announced that tax treaties signed with Rwanda and Thailand entered into force . . .
Africa
Africa
South Africa: transfer pricing record-keeping rules finalized
Jens Brodbeck, head of ENSafrica’s transfer pricing practice in Cape Town, discusses new South African record-keeping requirements for transfer pricing transactions which became effective October 1 . . .
Africa
UK signs tax treaties with Colombia and Lesotho
The UK’s HM Revenue & Customs has announced that the UK has signed tax treaties . . .
Africa
New Luxembourg/Senegal tax treaty includes clauses from UN model treaty
The Luxembourg Ministry of Finance today announced that Luxembourg and Senegal have signed a new tax treaty. The double tax avoidance agreement was signed by Pierre Gramegna, Luxembourg’s . . .
Africa
Ireland tax treaty update: agreements with Zambia, Germany, Luxembourg enter into force; pacts with Ethiopia, Pakistan ratified; new treaty with South Africa under negotiation
Ireland’s tax treaty with Zambia and protocols to tax treaties with Germany and Luxembourg have entered into force and effect, Irish Tax and Customs. . .
Africa
Luxembourg announces new tax treaty with Serbia; entry into force of protocols with Ireland, Mauritius, Lithuania and UAE; and law approving tax treaties with six other nations
The government of Luxembourg has announced that protocols signed with Ireland, Mauritius, Lithuania and United Arab Emirates entered into force on December 11 and . . .
Africa
US IRS adds foreign base company income issue to private ruling “no rule” list, updates private letter ruling procedures
The US IRS has released its annual “no rule” list, adding foreign base company income issues to the list of topics that the agency will “not ordinarily” address in private letter rulings . . .
