The general election result and its repercussions alongside the commencement of Brexit negotiations have dominated the news this month. Elsewhere, the signing of the OECD multilateral instrument represents a huge milestone for the BEPS project. Large companies may be about to lose relief under the voluntary disclosures program in Canada and a replacement for ‘corporate tax reform III’ is making progress in Switzerland. The tax authorities in India have issued revised ‘safe harbour rules’ and at the EU ATAD II has been adopted and some progress has been made towards the introduction of public CBC reporting.
