Mongolia News

Cayman Islands, Oman Removed From EU Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 13, 2021

On October 6, 2020, the EU announced that it has added Anguilla and Barbados to its list of non-cooperative jurisdictions for tax purposes and has removed the Cayman Islands and Oman. Read Full Story

Six Countries Sign Up To Multilateral Tax Pacts

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 6, 2019

At the tenth plenary meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, five countries signed up to the multilateral convention on mutual administrative assistance in tax matters, and two countries signed up to the BEPS multilateral instrument. Read Full Story

OECD Reports Progress On Harmful Tax Regimes Work

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 23, 2018

Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide. Read Full Story

EU Makes Changes To Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 14, 2018

The EU has removed three countries from its list of non-cooperative tax jurisdictions and added a further three. Read Full Story

EU Removes Jurisdictions From Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, January 23, 2018

The EU has announced the removal of eight jurisdictions from its tax blacklist. Read Full Story

EU Tax Blacklist To Be Slimmed By Nine

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 22, 2018

At its meeting on January 22, the EU Council is to remove Barbados, Grenada, South Korea, Macao, Mongolia, Panama, Tunisia, and the United Arab Emirates from the EU's list of non-cooperative jurisdictions in taxation matters, according to an agenda released prior to the meeting. Read Full Story

Mongolia Signs Up To BEPS Minimum Standards

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

Monday, January 8, 2018

By signing up to the BEPS Inclusive Framework, Mongolia is the latest country to agree to implement the base erosion and profit shifting minimum standards recommended by the OECD. Read Full Story

EU Accused Of Tax Blacklist Hypocrisy

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 11, 2017

An umbrella body for non-governmental organizations in Finland has criticized the European Union for not including member states on its tax blacklist when several EU countries have laws in place that encourage corporate tax avoidance. Read Full Story

Offshore IFCs Absent From EU's New Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 5, 2017

EU member states have agreed to a new EU list of non-cooperative tax jurisdictions, featuring 17 jurisdictions and notably relatively few offshore financial centers. Read Full Story

Mongolia, IMF To Develop Blueprint For Tax Reform

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

Thursday, June 8, 2017

Mongolia is to work with the International Monetary Fund from August to review the tax settings for the country's mining sector and to reform the value-added tax regime. Read Full Story

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