Switzerland's Foreign Illicit Assets Act will enter into force on July 1, providing a new regulatory framework for the freezing, confiscation, and the restitution of illicitly acquired assets. Read Full Story
Tax revenues in African countries are rising as a proportion of national incomes, according to a new report released by the Organisation for Economic Cooperation and Development and partners.Read Full Story
The International Monetary Fund's Middle East Center for Economics and Finance and the Middle East Regional Technical Assistance Center organized a regional workshop on "Fiscal Reporting and Transparency" in Kuwait City, Kuwait, from March 13–16, 2016.Read Full Story
Ten more countries have been assessed as having made improvements to their frameworks to exchange information with other countries to tackle tax evasion.Read Full Story
Members of the European Parliament have passed legislation to enable the European Union to import 70,000 tonnes of Tunisian olive oil duty-free over the next two years. Read Full Story
Members of the European Parliament have backed proposals to allow an additional 70,000 tonnes of virgin olive oil to be imported from Tunisia duty-free over the next two years. Read Full Story
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