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Africa

EU removes Bahamas, Saint Kitts and Nevis from tax blacklist, agrees on rules for intermediaries

May 30, 2018

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” . . . ,

Asia-Pacific

Singapore updates transfer pricing guidelines emphasizing compliance, introducing penalty regime

February 26, 2018

Eugene Lim of Providence Law Asia LLC discusses new updates to Singapore transfer pricing guidance, issued February 23, setting out enhancements to the arm’s length principle, adding new transfer pricing documentation requirements, and granting new powers of the Comptroller of Income Tax to make transfer pricing adjustments and impose surcharges and penalties for non-compliance . . . 

Americas

Andersen Global expands to Ecuador

October 18, 2017

Andersen Global today announced its expansion to Ecuador through a collaboration agreement with tax advisory firms, FIDESBURó Cia. Ltda. and PROFILE Cia. Ltda. The two firms are currently undergoing . . .