Economy News

Malaysia To Phase Out 'Harmful' Tax Regime

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

Tuesday, August 7, 2018

Malaysia has suspended its MSC Malaysia tax regime, pending changes to bring it into line with recommendations from the OECD's Base Erosion and Profit Shifting initiative. Read Full Story

Peru Ratified OECD's Multilateral Tax Convention

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

Peru has completed the necessary steps to become a party to the OECD Multilateral Convention on Mutual Assistance in Tax Matters and also the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Read Full Story

EU Tax Working Group To Discuss Digital Tax, MNE Tax Issues

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, April 17, 2018

The EU's High Level Working Party (Taxation) will discuss international tax reform at its meeting on April 18. Read Full Story

OECD Reports To G20 Leaders On Digital Tax Options

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 22, 2018

The OECD has published the tax report received by G20 finance ministers and central bank governors at its first meeting this year, on March 19-20, 2018, which focused in particular on new tax rules for the digital economy. Read Full Story

Think Tank Critiques EU Digital Tax Proposal

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 13, 2018

The European Union has yet to make an effective case in support of proposals for special taxes on large digital companies, according to a new paper by the European Centre for International Political Economy. Read Full Story

Panama Welcomes EU Blacklist Removal

by Mike Godfrey, Tax-News.com, Washington

Tuesday, January 23, 2018

The Government of Panama has welcomed the country's removal from the EU blacklist of non-cooperative territories, following the EU Economic and Financial Affairs Council's endorsement of the decision on January 23. Read Full Story

Georgia Signs Free Trade Zone MoU With China

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

Tuesday, December 5, 2017

China and Georgia have signed an agreement on the creation of free trade zones in Georgia that would facilitate Georgia's role in China's Belt and Road initiative. Read Full Story

Malaysia PM Defends Introduction Of GST

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

Monday, November 27, 2017

Prime Minister Najib Razak has defended the Government's decision to introduce a goods and services tax, claiming that the levy "saved" Malaysia from the fall in oil prices. Read Full Story

Abolishing Aviation Tax Would Boost German Economy, Says Report

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, October 25, 2017

A new study by PwC has concluded that abolishing Germany's flight ticket tax would provide a substantial boost to the German economy. Read Full Story

Ireland Updates International Tax Strategy

by Jason Gorringe, Tax-News.com, London

Thursday, October 12, 2017

The Irish Government has published an updated version of its International Tax Strategy, which provides an overview of the steps taken to meet international standards and sets out the Government's position on global reform efforts. Read Full Story

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