On July 9, 2014, Singapore and Seychelles signed a double taxation agreement (DTA), which cuts withholding taxes and incorporates the internationally-agreed standard for the exchange of information for tax ... Read More
HMRC is seeking new powers to trawl through debtors’ financial accounts and take money directly if significant debts of over £1,000 are owed. This power has been dubbed ‘Direct ... Read More
A wave of insolvencies could be triggered when HM Revenue and Customs (HMRC) gets the power to force those who have used tax avoidance schemes to pay the disputed ... Read More
Foot-dragging by Luxembourg over an EU probe into questionable tax deals for multinational corporations has created a potential conflict of interest for the Grand Duchy’s former premier who is ... Read More
Medtronic is pursuing a deal to move abroad and save taxes. But few have noticed that the company’s shareholders will be the ones left with a big tax bill ... Read More
Ten further foreign jurisdictions were included by the United States Treasury in its latest monthly list, issued on July 1, 2014, as having reached agreements in substance on June ... Read More
From 1 July 2014, the Tax Practitioners Board (TPB) regulates financial advisers who provide tax (financial) advice services under the Tax Agent Services Act 2009 (Cth) (TASA). Until now, ... Read More
Hong Kong’s Secretary for Financial Services and the Treasury Professor KC Chan has welcomed the passage of the Inland Revenue (Amendment) Bill 2014 by the Legislative Council on June ... Read More
The International Monetary Fund (IMF) released a report on June 25, 2014, which explores the nature and policy implications of cross-border effects from national corporate tax policies. The report, ... Read More
The Swiss National Council has adopted a bill to implement the revised Financial Action Task Force Recommendations, albeit with significant modifications that some lawmakers fear could put Switzerland at ... Read More
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