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The EU is considering four new kinds of sanctions for jurisdictions included on a forthcoming "blacklist" of so-called tax havens, according to reports. Read Full Story
Australia's federal Trade Minister has warned that billions of dollars of exports and thousands of jobs are at risk from the Queensland Government's new state procurement policy. Read Full Story
Contrary to calls from businesses from the regulation's withdrawal, the Institute on Taxation and Economic Policy has called on the US Treasury to fully implement and strengthen its final Section 385 anti-earnings stripping debt-equity regulations, designed to reduce the benefits of corporate tax inversions. Read Full Story
The Platform for Collaboration on Tax, a joint initiative of the OECD, the International Monetary Fund, the United Nations, and the World Bank Group, has launched for consultation a draft toolkit designed to help developing countries address concerns surrounding the tax treatment of offshore indirect transfers of assets. Read Full Story
The current plan for US tax reform would disproportionately benefit the wealthy, the International Monetary Fund has said, recommending more support for low-income taxpayers and higher indirect taxes. Read Full Story
Hong Kong's Financial Services Development Council has proposed that the Offshore Private Equity Fund Tax Exemption should be extended to certain Hong Kong portfolio companies to boost the development of the industry. Read Full Story
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