Uruguay's decision to hike income tax on middle- to high-income earners will support plans to reduce the fiscal deficit to 2.5 percent of gross domestic product (GDP) by 2019, says the International Monetary Fund. Read Full Story
The Swiss Federal Department of Finance has launched a consultation on the introduction of the automatic exchange of information in tax matters with a series of other countries. Read Full Story
Economic activity in Uruguay should remain stable despite an increase in tax on middle and high earners, the International Monetary Fund said.Read Full Story
The South African Government has announced the completion of all the administrative processes needed to bring about the implementation of the Southern African Customs Union and the Mercosur Preferential Trade Agreement.Read Full Story
The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes celebrated the end of the first phase of reviews of all countries at its annual meeting on November 2-4.Read Full Story
On October 14, 2016, Andorra became the 86th territory to join the OECD's new inclusive framework on base erosion and profit shifting.Read Full Story
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