DECEMBER 2, 2015 | having difficulty Viewing this email? view THE online version

Welcome to the Tax-News weekly newsletter carries topical headlines and features on international tax, legal, economics, business and investment issues.

Latest Tax-News Special Feature

BEPS: What Happens Next

On October 5, 2015, the OECD released its highly anticipated final set of reports under its base erosion and profit shifting (BEPS) project, containing measures which, if implemented fully, would represent the largest shift in international tax principles in history. This feature provides a summary of the project to date, and what individual nations are doing, or intend to do, to make it a reality...

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Latest Tax-News

South Africa Sees Significant Rise In Tax Returns

The South African Revenue Service received 5.94m tax returns by the end of the 2015 filing season for non-provisional taxpayers on November 27, which was 11.52 percent more than in 2014.
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S Korea Ratifies FTAs with China, New Zealand, Vietnam

On November 30, the South Korean National Assembly passed bills ratifying the free trade agreements with China, New Zealand, and Vietnam
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UK Gov't Amends View On DTA Residence Articles

UK tax authority HM Revenue and Customs has announced a change of view on the interpretation of the company residence articles in 16 double taxation agreements
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S Korea To Provide Immediate Tourist Tax Refunds

The South Korean Ministry of Strategy and Finance is proposing that, from January 1, 2016, foreign tourists will be able to obtain immediate value-added tax and individual consumption tax refunds at local duty-free shops in South Korea
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Kazakhstan Concludes WTO Accession Process

Kazakhstan became the 162nd member of the World Trade Organization on November 30, 2015, after 20 years of negotiations with WTO members
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