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Canada News




New CbC Reporting Guidance Included In OECD's BEPS Update

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 13, 2018

The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) reporting (BEPS Action 13). Read Full Story

 


Barbados Agrees To Phase Out Harmful Tax Regimes

by Mike Godfrey, Tax-News.com, Washington

Tuesday, February 13, 2018

Two Barbados preferential tax regimes have been labelled "potentially harmful" in additional guidance released by the OECD in connection with its base erosion and profit shifting project. Read Full Story

 


Tax Agencies To Discuss TP Proactively With Willing MNEs

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 7, 2018

The OECD has recently launched a new program – the International Compliance Assurance Programme – being spearhead by the Forum on Tax Administration that is aimed at providing assurance to multinationals with regards to their transfer pricing affairs. Read Full Story

 


Canada To Champion Free Trade Access For Stymied Firms

by Mike Godfrey, Tax-News.com, Washington

Thursday, January 25, 2018

The Canadian Government is asking exporters to report any tax and non-tax trade barriers holding back their businesses. Read Full Story

 


Agreement Reached On New Trans-Pacific Partnership

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, January 24, 2018

Ministers from 11 countries have announced their agreement upon the "core elements" of a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Read Full Story

 


US Tax Reforms To Boost Global Growth

Mike Godfrey, Tax-News.com, Washington

Tuesday, January 23, 2018

Tax reform in the US could drive up the global economic growth rate to 3.9 percent, according to new estimates from the International Monetary Fund. Read Full Story

 


Australia Challenges Canada's 'Discriminatory' Wine Taxes

by Mary Swire, Tax-News.com, Hong Kong

Thursday, January 18, 2018

The Australian Government has initiated formal WTO dispute settlement action against Canada, alleging it had adopted discriminatory measures against Australian wine. Read Full Story

 


Scottish Gov't To Push For UK To Stay In EU Single Market

by Jason Gorringe, Tax-News.com, London

Tuesday, January 16, 2018

As Brexit talks turn to tax and trade matters, the Scottish Government has released analysis of three "realistic" Brexit policy options, emphasizing a "hard" Brexit would be crippling for Scotland's economy. Read Full Story

 


Canadian Beer Industry Calls For Tax Cuts

by Mike Godfrey, Tax-News.com, Washington

Tuesday, January 16, 2018

Canadian brewers have called on the federal Government to scrap plans for an automatic excise duty escalator, claiming that taxes already account for 47 percent of the cost of a bottle of beer. Read Full Story

 


Most Canadians Facing A Tax Hike, Think Tank Says

by Mike Godfrey, Tax-News.com, Washington

Monday, January 15, 2018

The Fraser Institute, a think tank, has said that more than 90 percent of Canadian families with children will pay higher taxes once the planned Canada Pension Plan payroll tax increases are fully implemented. Read Full Story

 

 

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