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Austrian Finance Minister Hans Joerg Schelling has said that Austria should prioritize measures to combat profit shifting and tax evasion, including "virtual permanent establishments," when the country assumes the presidency of the European Union in the second half of 2018. Read Full Story
The European Commission has published its annual taxation trends report. Read Full Story
Twenty EU member states have reached a deal on the establishment of a new European Public Prosecutor's Office that will have the power to investigate and prosecute criminal cases affecting the EU budget. Read Full Story
Panama should take measures to address its low tax revenues, including enhancing tax administration, streamlining tax incentives and exemptions, and avoiding amnesties, the International Monetary Fund (IMF) has said. Read Full Story
Bulgaria has removed Panama from its tax haven blacklist in recognition of the South American country's effort to improve transparency and tax co-operation. Read Full Story
50 delegates from 14 countries gathered in Georgia on April 7, 2017, to participate in the second regional meeting for the Eastern Europe and Central Asia region under the OECD's new inclusive base erosion and profit shifting project framework. Read Full Story
The introduction of an EU-wide common consolidated corporation tax base could result in Ireland's potential economic output being 1.5 percent lower than it would otherwise be the case, according to modelling by the Economic and Social Research Institute. Read Full Story
The tax-to-GDP ratio in the European Union remained stable in 2015, while the ratio in the Eurozone was down slightly on the previous year. Read Full Story
The European Union statistics agency, Eurostat, has released new figures concerning member states' tax revenue collections and their tax mixes for 2015. Read Full Story
The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes celebrated the end of the first phase of reviews of all countries at its annual meeting on November 2-4. Read Full Story
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