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Institutions News




Kazakhstan Keen On DIFC Tax-Free Zone Model

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, May 13, 2015

The National Bank of Kazakhstan is set to collaborate with the Dubai International Financial Centre to explore mutually beneficial investment initiatives as part of a memorandum of understanding signed between the two parties. Read Full Story

 


BVI Updates FATCA Reporting Guidance

by Mike Godfrey, Tax-News.com, Washington

Wednesday, April 1, 2015

The British Virgin Islands has published revised guidance notes on the international tax compliance requirements under its intergovernmental agreements with the United States and the United Kingdom. Read Full Story

 


Talk Of Converging Islamic, IASB Accounting Standards

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 20, 2014

The Accounting and Auditing Organisation for Islamic Financial Institutions has indicated that it is now prepared to collaborate with the International Accounting Standards Board on the possible convergence of their corporate and financial accounting standards. Read Full Story

 


IMF Told Of Tax Reforms In San Marino

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, October 14, 2014

The International Monetary and Financial Committee of the International Monetary Fund was on October 11, 2014, updated on progress towards tax-related reform in San Marino, including the introduction of a value-added tax. Read Full Story

 


Kuwait Prepares To Sign FATCA IGA

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, April 11, 2014

Kuwait's Ministry of Finance has stated its desire to sign a Model 1 Intergovernmental Agreement to help banks comply with the United States Foreign Account Tax Compliance Act. Read Full Story

 


Montserrat Premier Highlights Tax Transparency Efforts

by Mike Godfrey, Tax-News.com, Washington

Tuesday, April 1, 2014

Montserrat is taking steps to comply with the United States Foreign Account Tax Compliance Act and its United Kingdom equivalent, Premier Rueben Meade said in his budget speech on March 24, 2014. Read Full Story

 


East Caribbean States Negotiating US FATCA Pacts

by Mike Godfrey, Tax-News.com, Washington

Friday, March 28, 2014

The member Governments of the Eastern Caribbean Currency Union have begun discussions with the United States of America towards an Inter-Governmental Agreement to implement the Foreign Account Tax Compliance Act. Read Full Story

 


South Africa Details Pensions, Savings Changes

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, March 17, 2014

The South African National Treasury has published two papers that provide further details of proposed retirement reforms and tax free-savings products, as announced by the Minister of Finance Pravin Gordhan in his 2014 Budget last month. Read Full Story

 


Jersey Supports OECD New Global Standard For Information Exchange

by Jason Gorringe, Tax-News.com, London

Wednesday, February 19, 2014

The Chief Executive of Jersey Finance, Geoff Cook, has expressed support for the Organization for Economic Co-operation and Development's (OECD) new single global standard for the automatic exchange of information between tax authorities worldwide, which was unveiled on February 13, 2014. Read Full Story

 


OECD Publishes Reporting Standard For TIE

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 17, 2014

The Organization of Economic Cooperation and Development on February 13, 2014 released the Common Reporting Standard, which seeks to establish automatic exchange of tax information as the new global standard for Governments. Read Full Story

 

 

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