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 ... Read More
The European Union’s executive wants thousands of multinationals doing business in its 28 nations to show where they pay tax and make their profit on a country-by-country basis to ... Read More
China is looking at introducing a tax on foreign currency transactions, among other measures, to curb speculative capital flows, even though outflows have recently slowed, a senior foreign-exchange regulatory ... Read More
EU economic and financial affairs ministers (Ecofin) meeting today in Brussels reached political agreement on the exchange of tax information. The agreement was announced by Dutch finance minister Jeroen ... Read More
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said ... Read More
The OECD today agreed a new framework that would allow all interested countries and jurisdictions to join in efforts to update international tax rules for the 21st Century. The proposal ... Read More
The EU and Monaco have today initialled a new tax transparency agreement marking another major step forward in the fight against tax evasion. The agreement provides that Monaco and ... Read More
The State Council executive meeting on February 14 agreed to introduce pilot measures to encourage further development in China’s services sector, including tax breaks for advanced technology service companies. ... Read More
TAX AVOIDANCE schemes that are based on contracts for difference have been labelled “ineffective” by HMRC as it looks to challenge any employer that’s using the initiative. These claims by ... Read More
Large US firms such as Google and Amazon will be required to disclose tax bills in Europe under draft legislation from European commission US multinationals such as Google, Facebook and Amazon ... Read More
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