Australian Trade Minister Steven Ciobo has welcomed the conclusion of negotiations toward the Pacific Agreement on Closer Economic Relations Plus, a trade deal he said will drive economic growth and raise living standards in the region. Read Full Story
The Cook Islands has been rated "largely compliant" in a phase two peer group review conducted by the Organisation for Economic Co-operation and Development's Global Forum on Transparency and Exchange of Information for Tax Purposes.Read Full Story
On July 18, Fiji notified its decision to apply the interim Pacific Region Economic Partnership Agreement, which provides for duty and quota free access into the European Union for all products from the countries concerned.Read Full Story
As trade in services has become the main engine of economic growth for the Pacific island countries that have little other export capacity, the World Trade Organization was involved in organizing a regional workshop on that topic in Vanuatu from August 5-8, 2013.Read Full Story
The Australian Taxation Office has said that it will spend the next year focusing on profit shifting, tax crime, and the misuse of trusts. Read Full Story
It has been announced that the tax administrations from the United States, Australia and the United Kingdom have developed a plan to share tax information involving trusts and companies holding assets on behalf of residents in jurisdictions worldwide.Read Full Story
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