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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
Luxembourg should seek to widen the tax base while ensuring that its corporate tax regime continues to meet international best standards, says the International Monetary Fund. Read Full Story
Romania approved legislation to join the OECD's base erosion and profit shifting Inclusive Framework on March 2. 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
Albanian authorities must secure parliamentary approval to bring about much-needed improvements to the country's tax regime, the International Monetary Fund has said in its latest Article IV consultation for the country. Read Full Story
South Korean exporters have been urged to put in place strategies to deal with potential changes to trading conditions with the United States. Read Full Story
The European Commission has outlined possible scenarios in which EU member states could cooperate more on tax. Read Full Story
Representatives from the Asia-Pacific Economic Cooperation countries discussed the implementation of base erosion and profit shifting recommendations at a seminar on February 22, 2017. 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
Hong Kong's Financial Secretary, Paul Chan, has announced measures to boost the territory's economy in his 2017-2018 Budget. Read Full Story
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