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tax avoidance News

Australia To Strengthen Multinational Anti-Avoidance Law

by Mary Swire,, Hong Kong

Wednesday, February 14, 2018

The Australian Government is to tighten its Multinational Anti-Avoidance Law to prevent the use of certain structures to circumvent the law's application. Read Full Story


European Parliament To Launch Paradise Papers Inquiry

by Ulrika Lomas,, 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


Australia Legislates To Target 'Black Economy'

by Mary Swire,, Hong Kong

Wednesday, February 7, 2018

The Australian Government has introduced legislation to crack down on the use of electronic sales suppression tools and to extend the Taxable Payments Reporting System. Read Full Story


Greece Raises BEPS Concerns With Bulgaria

by Lorys Charalambous,, Cyprus

Thursday, January 25, 2018

The heads of the Greek and Bulgarian tax authorities have met to discuss ways in which bilateral cooperation can be boosted with a view to reducing levels of tax avoidance and evasion, particularly with respect to Greek companies shifting profits to Bulgaria. Read Full Story


Six More States Sign The BEPS Multilateral Instrument

by Ulrika Lomas,, 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 Tax Blacklist To Be Slimmed By Nine

by Ulrika Lomas,, 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


Moscovici Discusses EU's Shrinking Tax Blacklist

by Ulrika Lomas,, Brussels

Friday, January 19, 2018

EU Tax Commissioner Pierre Moscovici has said it is a positive thing that some of the countries on the EU's black list of non-cooperative tax jurisdictions have made commitments to change their tax laws. Read Full Story


Tax Cuts, No Tax Hikes For Germany's New Coalition Gov't

by Ulrika Lomas,, Brussels

Tuesday, January 16, 2018

The three political parties set to form Germany's next governing coalition have agreed to reduce the solidarity tax burden, according to the text of the recently released agreement. Read Full Story


Panama Signs OECD's Multilateral Tax Cooperation Pact

by Ulrika Lomas,, Brussels

Monday, January 15, 2018

On January 15, 2018, Panama signed the Common Reporting Standard Multilateral Competent Agreement, becoming the 98th jurisdiction to join the pact. Read Full Story


Uber And Vietnam Continue To Battle Over Tax

by Mary Swire,, Hong Kong

Monday, January 15, 2018

Uber has failed to challenge efforts by the Vietnamese tax authorities to collect more tax from the ride-hailing app provider. Read Full Story



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