The US IRS on August 15 released its list of priority tax guidance projects for 2016-17, revealing that the agency has decided to work on issuing guidance in the areas of foreign currency contracts and country-by-country . . .
The European Parliament’s committee on tax rulings on June 21 voted in favor of a report calling for new measures to counter multinational . . .
The OECD has requested taxpayer input on how to apply rules on entitlement to tax treaty benefits to non-CIV funds, which are investment vehicles . . .
The European Union and China on June 2 signed a customs cooperation agreement covering the years 2018–2020, providing the priorities for EU-China customs cooperation, writes Davide Anghileri . . .
The UK, on December 9, published draft tax guidance to clarify aspects of hybrid mismatch legislation which will take effect January 1, 2017. The legislation, introduced . . .
The Irish government today filed suit to annul the EU Commission’s decision in the Apple case, which concluded that Ireland granted Apple about €13 billion (USD 14.5 billion) in illegal state aid by . . .
New Zealand intends to introduce hybrid mismatch rules and will consult on new rules to prevent multinational corporations from stripping profits out of the country through excessive. . .
Singapore today announced that it will participate in the OECD/G20 base erosion profit shifting (BEPS) plan, adopting BEPS minimum standards, including country-by country. . .
Ahead of tomorrow’s ECOFIN meeting seeking agreement the EU anti-tax avoidance directive, Czech Republic finance Minister Andrej Babiš is warning that, to win his country’s support for the directive, EU ministers . . .
India’s Central Board of Direct Taxes (CBDT) has issued draft tax regulations on the indirect transfer abroad of Indian assets and has requested stakeholder feedback on guidance to implement India’s general antiavoidance . . .
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 . . .
Two ranking US Democrats today introduced a tax bill designed to lessen the attractiveness of corporate inversions by limiting companies’ ability . . .
The US IRS today confirmed that, beginning February 16, the US competent authority will accept applications for Indian advance pricing agreements (APAs), citing. . .
The Australian government is moving forward with efforts to establish a public register of the beneficial owners of companies to put an end . . .
Cyprus’ Ministry of Finance on December 22 announced that it will issue a decree setting out the requirements for country-by-country reporting . . .
The UK gave away £342.9 2 million (USD 452.6 million) in tax breaks, mostly to large corporations, through its patent box tax incentive the first year the program was established, data released today by HM Revenue and Customs has . . .
The Romanian government, on June 2, announced that it will join countries working on the next phase of the OECD/G20 base erosion and profit shifting (BEPS) project as an associate, developing standards and monitoring the implementation of the BEPS . . .
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