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The UK tax authority, HM Revenue and Customs, has issued guidance for businesses on the preparation of country-by-country reports in the required format. Read Full Story
Canadian Foreign Affairs Minister Chrystia Freeland has said that the Government will push for NAFTA to be modernized and made more progressive when renegotiation talks with the US and Mexico get underway. Read Full Story
The Australian Government has announced a consultation on how best to modernize business registers. Read Full Story
Contrary to calls from businesses from the regulation's withdrawal, the Institute on Taxation and Economic Policy has called on the US Treasury to fully implement and strengthen its final Section 385 anti-earnings stripping debt-equity regulations, designed to reduce the benefits of corporate tax inversions. Read Full Story
European car manufacturers have called on governments to ensure that a new test for measuring vehicle emissions does not create tax distortions for new cars entering the market. Read Full Story
The UK will not engage in aggressive tax competition to attract business post-Brexit, Chancellor Philip Hammond has said. Read Full Story
The Australian Government is consulting on proposals to reshape the Taxation Administration Regulations, which are due to expire in October. Read Full Story
The United States Treasury Department and the Internal Revenue Service have decided to delay by one year the application of documentation requirements under new regulations intended to discourage corporate inversions. Read Full Story
Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group. Read Full Story
Saudi Arabia has released draft regulations for the introduction of value-added tax for consultation, following recent approval of the tax framework from lawmakers. Read Full Story
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