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The Senate Economics Committee's March 20 decision to endorse the Government's legislation for a Diverted Profits Tax represents a failure of Parliament to properly scrutinize the legislation, the Minerals Council of Australia has said. Read Full Story
The Hong Kong Government on March 10 published the Inland Revenue Amendment (No. 2) Bill 2017, which contains measures designed to boost the territory's attractiveness as a location for aircraft leasing. Read Full Story
The UK Budget, released on March 9, 2017, featured tax measures to, among other things, hike taxes on self-employed workers, further close avenues for legal avoidance, and defer mandatory digital tax reporting until April 2019. Read Full Story
The OECD has announced the agenda and date for the fourth meeting of the OECD Global Forum on VAT, to be held on April 12-14, 2017. Read Full Story
The Australian Petroleum Production & Exploration Association has said it does not believe there is a case for reforming the Petroleum Rent Resource Tax. Read Full Story
The Financial Services Development Council released a report on March 3 on the policies, including tax measures, Hong Kong could adopt to improve its position as an insurance hub, especially in reinsurance, marine insurance, and captives. Read Full Story
New Zealand's Inland Revenue Department has published three consultation documents on measures to address international tax avoidance through base erosion and profit shifting. Read Full Story
EU citizens would be able to view information in registers of beneficial ownership without having to demonstrate a "legitimate interest," under proposed amendments the Anti-Money Laundering Directive. Read Full Story
The Canadian Government has said that it will review its tax ruling process and voluntary disclosures program as part of its response to recommendations made last year by a parliamentary committee. Read Full Story
Irish Finance Minister Michael Noonan has confirmed that 13 voluntary disclosures relating to offshore matters have been made since the Budget announcement that the regime would change from May 2017. Read Full Story
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