Search Results for: tax transparency
2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs
January 13th, 2016
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We ...
Israel joins international efforts to boost transparency and end tax evasion
November 26th, 2015
Israel signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 91st jurisdiction to join the world’s leading instrument for boosting transparency and combating offshore tax evasion. The Convention provides for all forms of ...
EU Aims For Tax Ruling Transparency This Year
June 23rd, 2015
“It seems to be realistic to finalize the file on the automatic exchange of information on tax rulings within this year,” Valdis Dombrovskis, Vice President of the European Commission, has said. Dombrovskis made the comment during a press conference ...
EU set to remove Seychelles from tax haven blacklist
September 29th, 2021
European Union finance ministers are set to remove the Seychelles, Dominica and Anguilla from the bloc’s blacklist of tax havens next week, documents seen by Reuters indicate, while Panama has failed in its request to be delisted. The list ...
EU’s tax irregularities attract international attention
February 25th, 2021
Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an unharmonised EU system, according to Jay Sanghrajka, partner at Price ...
EU tax haven blacklist not catching worst offenders
December 30th, 2020
MEPs adopted a resolution setting out changes to be made to the system used to draw up the EU list of tax havens, which they deem is currently “confusing and ineffective”. Criterion to judge if a country’s tax system ...
EU removes Belize from its Tax Haven Blacklist
November 14th, 2019
The European Council agreed to remove Belize from the EU’s list of non-cooperative tax jurisdictions. North Macedonia meets commitments. Belize has passed the necessary reforms to improve its tax regime for international business companies that was due to be ...
New EU-wide tax system to offer more tax certainty in double taxation issues
July 4th, 2019
The European Commission has announced that new EU rules come into force as from the 1st of July to ensure quicker and more effective resolution of tax disputes between Member States, making life easier and offering much more tax certainty for ...
Liechtenstein and Peru removed from EU “gray” list of tax havens
October 5th, 2018
Liechtenstein and Peru are compliant with EU laws on tax after implementing necessary reforms and were therefore removed from EU “gray” list of tax havens, the Council of the European Union said Tuesday in a statement. In late 2017, ...
International fight against tax fraud steps up a gear
July 5th, 2018
The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team. The Joint Chiefs of Global Tax Enforcement (J5) body will build on existing international cooperation by sharing intelligence and expertise, ...