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
Pakistan's Finance Minister, Mohammad Ishaq Dar, has directed the Federal Board of Revenue to approach the tax authorities of nine territories about information in the Panama and Bahamas leaks.Read Full Story
The Internal Revenue Service has released a revised version of its Tax Guide for Individuals Receiving Income from the United States Possessions – American Samoa, Puerto Rico, the US Virgin Islands, Guam, and the Northern Mariana Islands – in 2015.Read Full Story
The US House of Representatives and Senate have approved the bipartisan Protecting Americans from Tax Hikes Act and the Omnibus spending bill, which together make permanent or renew the package of "tax extenders" that expired at the end of 2014, and suspend three Obamacare taxes, at a 10-year cost of USD680bn.Read Full Story
As part of a crackdown on tax evasion, the Australian Taxation Office has confirmed that it has visited seven adviser firms linked to offshore arrangements and contacted more than 100 parents who paid school fees from overseas bank accounts.Read Full Story
A notice of proposed rulemaking issued by the US Internal Revenue Service on August 26 has proposed amendments to the regulations for determining whether an individual is a bona fide resident of a US territory.Read Full Story
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