Search Results for: tax transparency
EU considers blacklisting NZ over tax laws
August 1st, 2016
Possible EU sanctions against New Zealand could make travel harder and have a massive effect on the economy. New Zealand is under investigation by the EU as it prepares a blacklist of global tax havens, Newshub revealed on Monday ...
EU Council adopts new rules on Corporate Tax avoidance
July 15th, 2016
On 12 July 2016, the Council adopted new rules addressing some of the practices most commonly used by large companies to reduce their tax liability. The directive is part of a January 2016 package of Commission proposals to strengthen rules ...
EU and Monaco Sign New Tax Deal
July 14th, 2016
The European Union (EU) and Monaco have signed a tax transparency agreement that will enable them to automatically exchange information on the financial accounts of each other’s residents from 2018. Under the agreement, the EU and Monaco will automatically ...
The Tiny Malaysian Island That Wants to Be a Tax Haven
June 3rd, 2016
In the secretive world of offshore tax havens, the tiny Malaysian island of Labuan is doing something curious: seeking the spotlight. Top executives of the Labuan International Business and Financial Centre have been on a tour of major cities ...
Lebanon declared that Tax data to be shared with foreign states in 2018
May 23rd, 2016
Automatic exchange of financial account information to be handled by specialized agency Lebanon has declared its commitment to the international standard of automatic exchange of financial account information, which aims to combat tax evasion and avoidance, according to a ...
Once A Tax Haven, Gibraltar Now Says It’s Low-Tax
April 19th, 2016
Gibraltar, a tiny British territory at Europe’s southern tip, is famous for its geography — a huge limestone rock — that appears on the Prudential logo. It’s a global center for offshore banking, with the trappings of wealth to prove ...
European Parliament special tax delegation due in Cyprus
April 13th, 2016
A delegation of members of the European Parliament’s Special Committee on Corporate Taxation II – or TAXE 2 – will visit Cyprus on Friday to look into the Cypriot corporate tax practice. MEPs will meet with Foreign Minister Ioannis Kasoulides, ...
HMRC’s response to the ICIJ story on offshore tax evasion
April 5th, 2016
Jennie Granger, Director General of Enforcement and Compliance, HM Revenue and Customs, said: HMRC is committed to exposing and acting on financial wrongdoing and we relentlessly pursue tax evaders to ensure that they pay every penny of taxes and fines ...
KPMG claims that UK is one of the most attractictive place to do business from a tax perspective
March 15th, 2016
KPMG: The Home for Business? Assessing the Competitiveness of the UK Thought leadership publication based on market research among tax decision makers in 167 UK and non UK companies. In this year’s study, Ireland retains its place as the most ...
Google £130m UK Tax Deal ‘Small’ Say MPs
February 25th, 2016
An influential committee of MPs is the latest to line up and criticise the settlement between the taxman and Google. MPs have declared that Google’s controversial £130m tax deal with the UK “seems disproportionately small”, and called for the ...
