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India's Central Board of Direct Taxes on April 21 announced that it will extend the time period for making deposits under its Pradhan Mantri Garib Kalyan Yojana tax amnesty scheme. Read Full Story
The Indian Ministry of Finance on April 11 warned that where Foreign Account Tax Compliance Act-related self-certification and due diligence in relation to financial accounts have not taken place by April 30, 2017, affected accounts may be frozen until such time as these checks have taken place. Read Full Story
The amount of tax paid using Romania's recently introduced online portal surged in the first quarter of this year, according to the Electronic Payments Association in Romania. Read Full Story
Pakistani banks have called on the Government to extend recent corporate tax cuts to the banking sector. Read Full Story
The Australian Government has said it will probe the tax affairs of 340 Australian with links to Swiss banking relationship managers. Read Full Story
Swiss bank UBS will stand trial in France accused of helping clients evade French taxes. Read Full Story
Foreign investment restrictions on manufacturing and certain services are to be eased at the China (Shanghai) Pilot Free Trade Zone this year. Read Full Story
The South African Revenue Service has disclosed that it has committed to the automatic exchange of tax information by September 2017 with the tax authorities of over 50 other jurisdictions under the OECD's Common Reporting Standard. Read Full Story
Erste Group, one of the largest financial institutions in Central and Eastern Europe, has said its bank tax payments almost tripled in 2016 as a result of a change to Austrian tax law. Read Full Story
India has entered into new bilateral advance pricing agreements with the United Kingdom and Japan, India's Central Board of Direct Taxes announced on February 28. Read Full Story
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