Search Results for: double tax agreement
TAX: OECD presents outputs of OECD/G20 BEPS Project for discussion at G20 meeting
October 5th, 2015
Reforms to the international tax system for curbing avoidance by multinational enterprises The OECD presented today the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules to be discussed by G20 Finance Ministers at ...
RAK, UAE, and traditional tax havens
September 25th, 2015
What is the difference between the United Arab Emirates (UAE) and other popular tax havens? Why more and more international traders and investors find the UAE to be one of the best places to incorporate offshore companies for various ...
India And Germany To Share More Information On Tax
September 1st, 2015
The governments of India and Germany have agreed to continue negotiations on a partial revision of their bilateral double tax avoidance agreement with a view to introducing automatic exchange of tax information, the Indian Government has announced. As part ...
Egypt faces taxing challenge amid its inaction on cutting fiscal deficit
August 13th, 2015
Egypt’s government in the coming months faces one of its biggest economic challenges since it came to power a year ago: the implementation of the long-planned value-added tax (VAT). The VAT promises to be hugely unpopular among businesses, which ...
Philippines, US Sign FATCA Agreement
July 15th, 2015
On July 13, 2015, Philippines Finance Secretary Cesar Purisima and the US Ambassador to the Philippines, Philip Goldberg, signed an inter-governmental agreement (IGA) to facilitate compliance with the Foreign Account Tax Compliance Act (FATCA). FATCA, enacted by the US ...
Italy Ratifies FATCA Agreement with US
July 10th, 2015
Italy has ratified the inter-governmental agreement top facilitate compliance with the United States Foreign Account Tax Compliance Act. FATCA, enacted by the US Congress in 2010, is intended to ensure that the US obtains information on accounts held abroad ...
German-Aust tax deal eyes multinationals
June 16th, 2015
The Abbott Government is seeking to “tighten” international tax laws, targeting multinational profit shifting and tax base erosion, after starting bilateral tax negotiations with Germany. Treasurer Joe Hockey and Finance Minister Mathias Cormann said today the government was starting ...
OECD attacks ‘aggressive tax plans’
May 14th, 2015
Technology companies need to stop “extremely aggressive” tax planning, the man charged with reforming global tax rules has told the BBC. He says these “push the boundaries of what is legal”. Pascal Saint-Amans, who runs the OECD‘s Centre for ...
Switzerland, Italy Sign Landmark Double Tax Protocol
February 24th, 2015
Switzerland and Italy have signed a protocol to their double tax agreement (DTA) and a roadmap for tax cooperation – deals that the Swiss Government says will improve relations after years of controversy. The DTA protocol was initialed on ...
HSBC files reveal how UK’s non-dom tax concession is being exploited
February 12th, 2015
The leaked HSBC Swiss files reveal how widely Britain’s unique “non-dom” tax concession is being exploited. The government says the controversial tax status is supposed to be to the nation’s benefit, by encouraging wealthy foreign investors to spend time in Britain. ...
