BEPS Multilateral Instrument To Enter Into Force

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 23, 2018

The OECD has announced that its multilateral convention to implement tax treaty-related measures to counter base erosion and profit shifting will enter into force on July 1, 2018. Read Full Story

Isle Of Man To Introduce New VAT Fraud Penalty

by Jason Gorringe, Tax-News.com, London

Wednesday, February 28, 2018

The Isle of Man Treasury has announced that a new 30 percent penalty for participation in VAT fraud will be introduced from March 1, 2018. Read Full Story

EU Committee To Consider VAT Response To Paradise Papers

by Jason Gorringe, Tax-News.com, London

Wednesday, February 28, 2018

Value-added tax avoidance will be considered by a new EU anti-tax avoidance committee, the creation of which is expected to be endorsed at an EU parliamentary plenary on March 1, 2018. Read Full Story

IoM Budget Includes Plan For Bank Tax

by Amanda Banks, Tax-News.com, London

Thursday, February 22, 2018

The Isle of Man's 2018 Budget maintains the zero percent company tax rate, and announces a banking tax review, which will look at taxing all banking profits at the 10 percent rate from next year. Read Full Story

Six More States Sign The BEPS Multilateral Instrument

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, January 25, 2018

A further six countries have signed the BEPS multilateral instrument, enabling them to swiftly amend their double tax treaties to incorporate the recommendations put forward by the OECD as part of its base erosion and profit shifting Action Plan. Read Full Story

Jersey Ratifies BEPS Multilateral Instrument

by Jason Gorringe, Tax-News.com, London

Tuesday, December 26, 2017

Jersey has become one of only three jurisdictions to ratify the BEPS multilateral instrument to revise tax treaties to counter base erosion and profit shifting. Read Full Story

OECD Global Forum Discusses Tax Transparency Progress

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 17, 2017

200 delegates from more than 90 delegations met in Yaoundé, Cameroon, on November 15-17, 2017, for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions. Read Full Story

Dassault Responds To Paradise Paper Leaks

by Ulrika Lomas, Tax-News.com, Brussels

Monday, November 13, 2017

French aircraft manufacturer Dassault Aviation has issued a statement on its tax arrangements in response to media coverage of the so-called "Paradise Papers." Read Full Story

Canada To Ramp Up Efforts Against Tax Evasion

by Mike Godfrey, Tax-news.com, Washington

Monday, February 27, 2017

The Canadian Government has said that it will review its tax ruling process and voluntary disclosures program as part of its response to recommendations made last year by a parliamentary committee. Read Full Story

Switzerland Consults On Implementation Of AEOI Agreements

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 29, 2016

The Swiss Federal Department of Finance has launched a consultation on the introduction of the automatic exchange of information in tax matters with a series of other countries. Read Full Story

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