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OECD

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EU Council to close down hybrid mismatches between EU an non-EU countries tax systems

23/02/2017(0)
On 21 February 2017, the Council agreed its position on rules aimed at closing down ‘hybrid mismatches’ with the tax systems of third countries. The draft directive is the latest of a number ... Read More
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Some €70 bn in non performing loans ready to be ceded by Italy’s main banks

22/02/2017(0)
The European Commission, the OECD, Economy Minister Piercarlo Padoan, EBA President Andrea Enria, Bank of Italy Vice Governor Fabio Panetta, and the Fitch ratings agency. One after another, like ... Read More
taxes

Swiss voters rejected corporate tax reforms

14/02/2017(0)
The European Commission is disappointed that Swiss voters rejected plans to overhaul corporate taxes and will consult with European Union governments on how to proceed, the EU tax commissioner ... Read More
ellada-ameriki

Greece, US Sign FATCA agreement

27/01/2017(0)
Finance Minister Euclid Tsakalotos and U.S. Ambassador to Greece Geoffrey Pyatt signed on Thursday a bilateral agreement to improve international tax compliance and the implementation of the law on ... Read More
switzerland

Switzerland moves to end banking secrecy

05/12/2016(0)
Today, the Federal Department of Finance (FDF) initiated the consultation on introducing the automatic exchange of information (AEOI) in tax matters with a series of other countries. The AEOI ... Read More
andorra

Andorra to renounce banking secrecy as it sheds tax haven status

02/12/2016(1)
Pyrenees principality approves automatic sharing of information on accounts held by non-residents from EU countries Andorran lawmakers have agreed to end banking secrecy in the Pyrenees mountains principality, approving ... Read More
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Countries adopt multilateral convention to close tax treaty loopholes

28/11/2016(0)
More than 100 jurisdictions have concluded negotiations on a multilateral instrument that will swiftly implement a series of  tax treaty measures to update international tax rules and lessen the ... Read More
platform

EIA Forecasts $51 Per Barrel 2017 Brent Crude Oil Price

14/11/2016(0)
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook(STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and ... Read More
tax

The USA based Tax Foundation published the 2016 International Tax Competitiveness Index; Estonia is on Top

19/10/2016(0)
Introduction The structure of a country’s tax code is an important determinant of its economic performance. A well-structured tax code is easy for taxpayers to comply with and can ... Read More
Council of the European Union - logo

EU Council published conclusions on tax transparency

14/10/2016(0)
“The Council: 1.       RECOGNISES the progress made in pursuing the ambitious EU agenda for fairer, more transparent and more effective taxation and in strengthening the cooperation between fiscal authorities ... Read More
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