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Compliance News




Panama Signs OECD's Multilateral Tax Cooperation Pact

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 23 hours ago | Monday, January 15, 2018

On January 15, 2018, Panama signed the Common Reporting Standard Multilateral Competent Agreement, becoming the 98th jurisdiction to join the pact. Read Full Story

 


UK Tax Industry Concerned By HMRC's Expanding Workload

by Jason Gorringe, Tax-News.com, London

Last updated 23 hours ago | Monday, January 15, 2018

The Association of Taxation Technicians has called on HM Revenue and Customs to ensure that its taxpayer services do not crumble under strain when the Making Tax Digital initiative is rolled out alongside the UK exiting the European Union. Read Full Story

 


Singapore To Automatically Exchange Tax Info With 61 States

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

Last updated 23 hours ago | Monday, January 15, 2018

Singapore has announced that it has activated automatic exchange of information relationships with a total of 61 territories, as part of global efforts to tackle tax evasion and fiscal crime. Read Full Story

 


Uber And Vietnam Continue To Battle Over Tax

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

Last updated 23 hours ago | Monday, January 15, 2018

Uber has failed to challenge efforts by the Vietnamese tax authorities to collect more tax from the ride-hailing app provider. Read Full Story

 


HMRC Urged To Temper New VAT Penalties On Online Retailers

by Jason Gorringe, Tax-News.com, London

Last updated 23 hours ago | Monday, January 15, 2018

The Chartered Institute of Taxation is calling for revisions to a new government scheme to tackle VAT evasion to ensure those that make administrative errors but are not accused of involvement in tax evasion are not penalized with heavy fines. Read Full Story

 


Zurich Sees Surge In Tax Confessions

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 12, 2018

The Swiss canton of Zurich has reported a three-fold increase in the number of voluntary disclosures involving previously undisclosed assets. Read Full Story

 


HMRC Praised For Improving Performance In 2016-17

by Jason Gorringe, Tax-News.com, London

Friday, January 12, 2018

The UK's Public Accounts Committee has published its annual report into the performance of the UK tax agency, HM Revenue and Customs. Read Full Story

 


India Reports On Redoubled Tax Enforcement Drive

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

Friday, January 12, 2018

India's Income Tax Department has said it sought to bring criminal charges against 2,225 taxpayers in the period April to November 2017. Read Full Story

 


Malaysia Updates Mutual Agreement Procedure Guidelines

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

Friday, January 12, 2018

Malaysia's Inland Revenue Board on January 11, 2018, released guidelines on applying for the resolution of double tax cases through the Mutual Agreement Procedure. Read Full Story

 


Australia Consults On Superannuation Tax Reforms

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

Friday, January 12, 2018

The Australian Government is consulting on two measures designed to strengthen the superannuation tax rules. Read Full Story

 

 

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