Asia-Pacific
Thailand
Asia-Pacific
Africa
Asia-Pacific
Africa
International tax-related information exchange generates billions in revenue, Global Forum reports
The automatic exchange of financial account information between countries is linked directly to at least EUR 3 billion in additional tax revenues; it also has contributed, through voluntary disclosure and other programs, to more than EUR 112 billion in additional tax revenues, according to a November 17 . . .
Asia-Pacific
Asia-Pacific
Africa
Asia-Pacific
Africa
Asia-Pacific
Africa
Asia-Pacific
Asia-Pacific
Americas
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 . . . .
Asia-Pacific
Asia-Pacific
ASEAN
Asia-Pacific
Thailand becomes 98th country to join ‘Inclusive Framework on BEPS’ to combat multinational tax avoidance
The OECD today announced that Thailand has joined countries that have pledged to implement the OECD/G20 base erosion profit shifting (BEPS) plan minimum . . .
Asia-Pacific
Asia-Pacific
Africa
Asia-Pacific
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 . . .
Asia-Pacific
Africa
Developing nations detail their experiences with BEPS, react to OECD work
Tax officials from 11 developing nations described the most common practices MNEs use to shift profits out of their countries, obstacles that prevent their countries from stopping these practices, and their reactions to the OECD/G-20 base erosion profit shifting (BEPS) project, responding to a UN request for . . .
Asia-Pacific
Asia-Pacific
Thailand offers tax incentives to attract international business headquarters – KPMG
The Thai Board of Investment has upgraded its program of tax concessions to encourage businesses to establish their headquarters in Thailand, writes KPMG in a September 9 tax alert. See: KPMG
Africa
UK announces plans to begin tax treaty negotiations with several nations
In a paper released November 13, the UK’s HMRC has announced that it will begin tax treaty negotiations with Nepal, Romania, Trinidad, Tobago . . .
Asia-Pacific
India-Thailand tax treaty in effect in India, text available
The India government, in a notice dated December 1, announced that a tax treaty with Thailand . . .
Asia-Pacific
Revised Singapore-Thailand tax treaty lowers withholding tax rates
ngapore and Thailand signed a new tax treaty June 11, agreeing to lower the withholding tax rates . . .
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Thailand transfer pricing law approved by Cabinet
Thailand’s Cabinet on May 7 approved a draft act introducing new transfer pricing provisions, including documentation requirements, writes PwC in a May 18 report. For details, see PwC.
Asia-Pacific
OECD holds Asia-Pacific regional meeting on BEPS
Tax officials from 21 Asia Pacific countries and organizations attended an OECD regional network meeting on base erosion and profit shifting (BEPS) designed to give more nations a voice in the development of OECD/G20 base erosion profiting shifting (BEPS) plan output. The meeting, held February 12–13 in Seoul, also . . .
