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Africa

Africa

Pakistan to reshuffle government office receiving master file, country-by-country reports; impose fines for nonfiling: Irshad Ansari / The Express Tribune→

January 29, 2019
Africa

South Africa publishes draft tax bills

July 18, 2018

South Africa’s National Treasury on July 17 published the 2018 Draft Taxation Laws Amendment Bill and 2018 Draft Tax Administration Laws Amendment Bill for public comment. The proposed . . .

Africa

IMF paper concludes African countries worse off for signing tax treaties with “investment hubs” like Mauritius

October 26, 2018

African countries that signed tax treaties with Mauritius and other nations considered to be “investment hubs” did . . .

Africa

South Africa releases guide on resolving cross-border tax disputes

May 23, 2018

The South African Revenue Service (SARS) has produced a draft guide on the mutual agreement procedure(MAP) which allows the . . .

Algeria

Goldman Sachs and Cargill lose UK tax avoidance case involving Jersey company structure: Sophie Perryer / European CEO→

October 25, 2018
Africa

South African Revenue to revive large business unit

August 24, 2018

The South African Revenue Service (SARS) today announced it will revive its . . .

Africa

Mauritius signs MLI to combat multinational tax avoidance

July 5, 2017

As expected, Mauritius today signed the the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI). If ratified, Mauritius’ action . . .

Africa

Brazil signs tax treaty with UAE potentially ending blacklisting, approves South Africa pact

November 14, 2018

Francisco Lisboa Moreira of Bichara Advogados, São Paulo, discusses the latest tax treaty developments in Brazil . . .

Africa

Morocco to exempt industrial companies from corporate tax to spur investment: Reuters→

July 18, 2018
Uganda

Uganda considers president’s proposal to tax social media users: John Semakula / New Vision→

April 20, 2018
Africa

Bahamas and Zambia join Inclusive Framework on BEPS

December 17, 2017

The Bahamas and Zambia have joined the Inclusive Framework on Base Erosion and Profit Shifting (BEPS), the OECD announced December 14.  The addition of the two nations brings to 110 the total number of countries . . .

Africa

Cayman Islands lobbies EU and UK officials seeking exclusion from tax blacklist: Brent Fuller / Cayman Compass→

November 27, 2017
Africa

 Jersey, Mauritius sign tax treaty

March 3, 2017

A tax treaty was signed by Jersey and Mauritius government officials today, according to a government of Jersey . . .

Africa

Singapore and Gabon sign tax treaty

August 29, 2018

The governments of Singapore and Gabon on August 28 signed a comprehensive tax treaty, the Inland Revenue . . .

Egypt

Egypt to use EU grant to improve cross-border tax system, other tax policies: Ahram Online→

March 8, 2018
No Picture
Africa

EU officials to recommend removal from tax blacklist for Panama, South Korea, UAE, Barbados, Grenada, Macao, Mongolia, Tunisia: Francesco Guarascio / Reuters→

January 16, 2018
Africa

South Africa Budget includes dividend withholding tax increase

February 27, 2017

Dr. E. Brincker of Cliffe Dekker Hofmeyr, Johannesburg, discusses international tax proposals in the South Africa budget, delivered February 22, that will affect multinational corporations . . .

Africa

Zambia to replace VAT with sales tax: Lusakatimes.com→

October 3, 2018
Africa

Twenty nations’ tax laws may aid multinational profit shifting, OECD report says

October 17, 2017

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 . . . .

Africa

New CIAT database tracks BEPS implementation in 36 countries

February 22, 2019

The Inter-American Center of Tax Administrations (CIAT) on February 21 released . . .

Africa

Zimbabwe to impose 2 cents per dollar tax on electronic transactions: Crecey Kuyedzwa / Fin24→

October 3, 2018
Africa

New Nigerian transfer pricing regs promote compliance, official says: Peter Uzoho / THISDAYLIVE→

September 20, 2018
Africa

Turkey’s IP tax regime is harmful; new Singapore, Luxembourg, Lithuania, Slovakia laws meet standards, OECD report concludes

May 20, 2018

Turkey’s technology development zone tax regime is harmful to the tax base of other countries while new Singapore, Luxembourg, Lithuania, and Slovakia tax laws favoring intellectual property (IP) are not, a May 17 report prepared by the OECD Forum on Harmful . . .

Asia-Pacific

Hong Kong, France to exchange of country-by-country reports

January 15, 2018

The government of Hong Kong on January 15 announced that it has entered into an arrangement with France for the automatic exchange of country-by-country (CbC) reports on the tax affairs . . .

Africa

US negotiating exchange of country-by-country tax reports with 20 more nations

August 30, 2017

The US IRS is negotiating with 20 countries to annually exchange country-by-country reporting data on large multinational firms . . .

No Picture
Africa

Swiss Federal Council adopts MLI

August 22, 2018

The Swiss Federal Council on August 22 adopted a dispatch on the Multilateral Convention to Implement Tax Treaty . . .

Africa

Nigeria signs MLI to tackle tax avoidance by multinational firms

August 17, 2017

Nigeria today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base . . .

Africa

Paper reviews findings of 9 academics on likely impact of BEPS anti-hybrid rules on Uruguay, Colombia, Brazil, South Africa: SSRN→

March 29, 2017

See: SSRN.

Africa

South Africa identifies taxes qualifying for tax treaty relief

February 7, 2017

Davide Anghileri of the University of Lausanne writes about new guidance issued by the South African Revenue Service that identifies taxes that are similar to income taxes and thus qualify for tax treaty relief . . .

Africa

36 non-OECD, non-G20 countries join BEPS international tax effort

June 30, 2016

Thirty-six countries and jurisdictions that are neither OECD nor G20 members have joined the framework to implement the OECD/G20 base erosion profit shifting (BEPS) project to combat multinational tax avoidance, and 21 more are expected to join in the coming months, the . . . 

Africa

South Africa proposes to increase VAT rate, subject more foreign electronic services to VAT

February 21, 2018

South Africa’s 2018-19 budget, announced today, proposes the nation’s first VAT rate increase since 1993, raising the VAT from 14 to 15 percent to cover a revenue shortfall. No changes are made to the countries’ 28 percent corporate tax in an effort to maintain South Africa’s competitiveness . . .

Africa

BRICS country tax officials express support for “inclusive framework” on BEPS

December 6, 2016

Heads of revenue of the BRICS countries – Brazil, Russia, India, China, and South Africa – at a meeting held December 5–6 in Mumbai, expressed support for measures . . .

Africa

South Africa considers crackdown on tax avoidance through hybrid debt: EY→ 

May 16, 2016

See:  EY

Africa

Karanja to head OECD/UN Tax Inspectors Without Borders initiative

March 21, 2016

Kenyan tax official, James Karanja will lead the joint OECD/UN Tax Inspectors Without Borders (TIWB) initiative effective April 11, the OECD announced today. Karanja is assistant manager of the international tax . . .

Africa

Edward Kieswetter appointed South African Revenue Service Commissioner

March 29, 2019

Edward Kieswetter has been appointed Commissioner of South African Revenue . . .

Americas

OECD asks MNEs for feedback on cross-border tax dispute resolution in Argentina, Chile, Colombia, Croatia, India, Latvia, Lithuania, South Africa

July 26, 2018

The OECD is seeking feedback on multinationals’ experience with cross-border tax dispute resolution procedures in . . .

No Picture
Africa

Swiss Federal Council approves tax agreements with Ecuador and Zambia

April 18, 2018

Switzerland’s Federal Council on April 18 approved a new tax treaty with Zambia and a protocol amending Switzerland’s tax treaty with Ecuador. The new . . .

No Picture
Africa

Switzerland, Zambia sign tax treaty

August 29, 2017

Switzerland and Zambia today signed a new tax treaty the Swiss Federal Council has . . .

Africa

BRICS countries agree to coordinate response to G20 international tax work

July 31, 2017

Tax authorities of the five BRICS nations – Brazil, Russia, India, China and South Africa – agreed to enhance their cooperation on international tax matters during the annual meeting of the heads of the BRICS revenue administrations, held . . .

Posts navigation

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RECENT COMMENTS
  • Khaled Al Zaabi on Spanish government proposes digital services tax: “We are seeking assistance with Digital Assets and International Tax Consulting to help Abu Dhabi UAE Oil Company navigate the…” October 24 ,2024
  • Emma Hinson Sims on The Pillar One blueprint — the potential future of international taxation and transfer pricing: “HAPPY BIRTHDAY TO A VERY SMART, BEAUTIFUL, YOUNG LADY ON JANUARY 13TH.” January 6 ,2024
  • David Valdez on US Tax Court resolves Whirlpool tax dispute involving Mexican maquiladora structure: “Greetings Whirlpool Mexico, I’m trying to contact someone involved with the decision making for transportation from all of your Mexican…” October 20 ,2023
  • Jose Dominguez on The new US international tax rules: what you need to know about GILTI, FDII, BEAT etc.: “Very informative article. Question. Do you have a software to compute these US International Calcs to make them in house?” April 12 ,2023
  • Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms Susi, This article is immensely clarifying. I’d like to know whether Danish Supreme Court has already granted its…” March 24 ,2023

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Latest

  • Policy Paper: Transfer pricing documentation
    July 26, 2022
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  • New CbC Reporting Requirements to Apply in Kenya
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Recent Comments

  • Khaled Al Zaabi on Spanish government proposes digital services tax: “We are seeking assistance with Digital Assets and International Tax Consulting to help Abu Dhabi UAE Oil Company navigate the…” October 24 ,2024
  • Emma Hinson Sims on The Pillar One blueprint — the potential future of international taxation and transfer pricing: “HAPPY BIRTHDAY TO A VERY SMART, BEAUTIFUL, YOUNG LADY ON JANUARY 13TH.” January 6 ,2024
  • David Valdez on US Tax Court resolves Whirlpool tax dispute involving Mexican maquiladora structure: “Greetings Whirlpool Mexico, I’m trying to contact someone involved with the decision making for transportation from all of your Mexican…” October 20 ,2023
  • Jose Dominguez on The new US international tax rules: what you need to know about GILTI, FDII, BEAT etc.: “Very informative article. Question. Do you have a software to compute these US International Calcs to make them in house?” April 12 ,2023
  • Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms Susi, This article is immensely clarifying. I’d like to know whether Danish Supreme Court has already granted its…” March 24 ,2023

R&D Tax Credit News

  • Muddled goals, broad scope lead to unexpected costs of OECD tax agreement
    April 20, 2022
  • US House of Representatives Ways and Means Committee Republicans reintroduce R&D-related legislation: Committee on Ways and Means→
    April 20, 2022
  • Irish Department of Finance seeks public comments by May 30 on research & development (R&D) tax credit and the `Knowledge Development Box,’ an OECD-compliant intellectual property regime, which provides relief from corporation tax on income arising from qualifying assets, such as computer programs and inventions protected by a qualifying patent: Irish Ministry of Finance→
    April 18, 2022
  • What does the Marijuana Opportunity Reinvestment and Expungement Act mean for the R&D tax credit?
    April 7, 2022
  • South Africa’s R&D Catch-22: Lydia Clowney / CrossBorder Solutions→
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Accounting & Reporting News

  • Calls are increasing for company disclosures on tax to help build public trust and fit in with environmental, social and governance (ESG) agenda: Aidan Lucey / The Irish Times→
    April 20, 2022
  • Will Amazon’s investors make the rules on tax transparency more clear?: CrossBorder Solutions→
    April 13, 2022
  • US Senate Finance Committee Chair Ron Wyden requests pharmaceutical company Merck explain its tax accounting practices, as it reports just 14% of pretax income in the US despite US market being home to 46% of global sales: Ron Weyden / US Senate Committee on Finance→
    April 5, 2022
  • UK Supreme Court holds on the tax deductibility of employee share options required under IFRS 2
    March 29, 2022
  • Annual vs. quarterly provision: Howard Telson / CrossBorder Solutions→
    March 23, 2022

Transfer Pricing News

  • New CbC Reporting Requirements to Apply in Kenya
    July 7, 2022
  • The Evolution of Transfer Pricing in Saudi Arabia
    June 23, 2022
  • The Functional Analysis—What You Need to Know
    June 22, 2022
  • How International Organizations are Changing Transfer Pricing Compliance
    June 22, 2022
  • The OECD’s Tax Transparency in Africa 2022: Africa Initiative Progress Report
    June 22, 2022

US tax focus

  • Policy Paper: Transfer pricing documentation
    July 26, 2022
  • Indonesia Taxes Crypto Asset Transactions
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  • New CbC Reporting Requirements to Apply in Kenya
    July 7, 2022
  • The Colombian National Tax and Customs Administration (DIAN) modified 2021’s Resolution 164 related to the Ultimate Beneficial Owner´s Report (RUB).
    July 5, 2022
  • Frustrated with Congress, Intel delays chips groundbreaking ceremony
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Trending Now

  • OECD officials note disagreement over digital tax update, reveal plans for tax and transfer pricing guidance by Julie Martin | posted on May 4, 2020
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  • Arm’s length principle mutations: control of risk in the OECD guidelines and variations in practice by Andrew Hickman | posted on January 13, 2021
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  • Return on assets (ROA) is an unreliable profit indicator by Ednaldo Silva | posted on October 2, 2019
  • AgraCity’s Canada transfer pricing dispute: co-distribution and the markup for logistics by Dr. Harold McClure | posted on September 2, 2020
  • OECD lists countries agreeing to country-by-country reporting exchange by Staff | posted on May 4, 2017

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