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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
Czech Prime Minister Bohuslav Sobotka has announced plans for more progressive corporate and personal income taxes if his party wins this year's parliamentary elections. Read Full Story
On February 21, 2017, the European Council reached a compromise on a new Directive aimed at closing down hybrid mismatches between EU tax systems and those of non-EU countries. Read Full Story
The ruling Czech Social Democratic Party, led by Prime Minister Bohuslav Sobotka, will introduce a special tax on the country's banks if it wins elections scheduled for later this year. Read Full Story
New Zealand's Inland Revenue said that more than 17,300 taxpayers have transferred to its new Inland Revenue goods and services tax (GST) system. Read Full Story
On February 7, Senator Jeff Flake and Representative Dave Brat reintroduced a bill into the US Congress that would create flexible, tax-free savings accounts. Read Full Story
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