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Legislative Scrutiny News




Australia Launches Consultation On Anti-Hybrid Rules

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

Monday, November 30, 2015

The Australian Board of Taxation has released for public comment a discussion paper on the implementation of the anti-hybrid rules developed by the Organisation for Economic Co-operation and Development. Read Full Story

 


Singapore Provides Update On Income Tax Bill Consultation

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

Friday, November 27, 2015

Singapore's Ministry of Finance has accepted 31 of the 70 suggestions received during a public consultation on the draft Income (Amendment) Tax Bill 2016. Read Full Story

 


UK Parliamentary Group Seeking Views On BEPS Project

by Jason Gorringe, Tax-News.com, London

Friday, November 20, 2015

The UK's All-Party Parliamentary Group (APPG) on Responsible Tax will on November 23 launch a public consultation on the impact of the OECD's base erosion and profit shifting on the tax rules in place in the UK. Read Full Story

 


G-20 Leaders Endorse Final BEPS Package

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 12, 2015

Group of Twenty finance ministers have endorsed the final package of measures proposed by the OECD as part of its base erosion and profit shifting project. Read Full Story

 


Denmark Legislates For CbC Reporting

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 2, 2015

On September 18, 2015, the Danish Ministry of Taxation published draft legislation to introduce a new country-by-country reporting obligation for multinational corporations. Read Full Story

 


Mexico Legislating On CbC Reporting Requirement

by Mike Godfrey, Tax-News.com, Washington

Thursday, September 17, 2015

The 2016 Mexican Economic Package includes a proposal for country-by-country reporting of tax information by certain multinational corporations. Read Full Story

 


Netherlands Confirms CbC Reporting From 2016

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 17, 2015

Through Wetsvoorstel Overige Fiscale Maatregelen 2016, released on September 15, the Netherlands has confirmed the introduction of a new country-by-country reporting obligation for multinational corporations. Read Full Story

 


NZ Revisits CGT Rules On Associated Party Transfers

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

Wednesday, September 9, 2015

New Zealand's Inland Revenue Department is seeking to liberalize restrictions around tainted capital gains to ensure that genuine capital gains made by small businesses do not become taxable on liquidation merely because there is a transaction involving an associated party. Read Full Story

 


NZ Approves Related-Party Debt Remission Changes

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

Tuesday, September 8, 2015

New Zealand's Cabinet has approved proposals to address the current inequitable situation whereby debt remission between related parties can, in certain circumstances, result in an "incorrect taxation outcome." Read Full Story

 


ECOFIN Agrees Tax Reform Priorities For H2 2015

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, July 21, 2015

The EU's Economic and Financial Affairs Council endorsed the international tax policy priorities set for Luxembourg's rotating presidency of the EU, which began on July 1, at a meeting on July 14. Read Full Story

 

 

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