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Panama News




Time For Latin America, Caribbean To Hike Tax: World Bank

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 37 hours ago | Thursday, April 19, 2018

With economic recovery being reported in Latin American and Caribbean states, a new World Bank report says governments must now look to fiscal policy to reduce their deficits. Read Full Story

 


OECD Releases New CRS Tax Transparency Standard Handbook

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 6, 2018

On April 5 the OECD released a new edition of the Common Reporting Standard Implementation Handbook and announced a number of territories have agreed relationships with others to automatically exchange tax information, including Panama. Read Full Story

 


EU Announces Sanctions For 'Blacklisted' Countries

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 22, 2018

The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions. 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 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

 


European Parliament To Launch Paradise Papers Inquiry

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 13, 2018

The European Parliament is to establish a new special committee on financial crimes, tax evasion, and tax avoidance. 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

 


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

 


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

 


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

 

 

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