In a rare month of respite from BEPS 2.0, this month the OECD released its first statistics on International Compliance Assurance Programme (ICAP). In the EU, the ECON Committee has made non-binding recommendations on the draft text of the FASTER Directive; the EC has sent letters of formal notice to nine Member States who have failed to transpose the EU Minimum Tax Directive; and the General Court of the CJEU has annulled the approval by the EC of €3.4bn of State Aid from the Netherlands to the taxpayer KLM. US bipartisan tax extenders legislation proposes changes to business taxation, although the success of the Bill remains uncertain. Australia has published its revised draft public Country by Country Reporting legislation for consultation and the United Nations progresses its work on a framework convention on international tax cooperation.
If you are not a subscriber, subscribe now to read this content.
In a rare month of respite from BEPS 2.0, this month the OECD released its first statistics on International Compliance Assurance Programme (ICAP). In the EU, the ECON Committee has made non-binding recommendations on the draft text of the FASTER Directive; the EC has sent letters of formal notice to nine Member States who have failed to transpose the EU Minimum Tax Directive; and the General Court of the CJEU has annulled the approval by the EC of €3.4bn of State Aid from the Netherlands to the taxpayer KLM. US bipartisan tax extenders legislation proposes changes to business taxation, although the success of the Bill remains uncertain. Australia has published its revised draft public Country by Country Reporting legislation for consultation and the United Nations progresses its work on a framework convention on international tax cooperation.
If you are not a subscriber, subscribe now to read this content.
.tmb-editorspic.jpg?sfvrsn=df04ab27_1)
