The EU has agreed to move Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and the UAE from its list of non-cooperative jurisdictions to the lower-risk category of ‘subject to close monitoring’.
The OECD has published the comments received on its December discussion draft on model mandatory disclosure rules for the common reporting standard (CRS).
Panama has become the 98th jurisdiction to sign the CRS Multilateral competent authority agreement, enabling automatic exchange of financial account information between tax authorities.
Amendments to the EU administrative cooperation directive aimed at preventing tax evasion and money laundering came into force on 1 January 2018. The new rules grant national tax authorities access to data on the beneficial owners of companies, trusts and other entities.
Examining the European Commission’s proposal for a new pan-European personal pension (PEPP), the European Parliament’s ECON committee has acknowledged evidence that the crucial role tax relief on contributions plays in driving consumer choice for pensions will be a barrier to the creation of a ha
Mongolia has become the 111th jurisdiction to join the Inclusive Framework on Base Erosion and Profit Shifting (BEPS).
Tax Journal commentaries on the UK's 'deeply political tax'.
Tim Sarson (KPMG) provides your monthly guide to the latest international tax developments that matter.
The OECD Council has approved the contents of the 2017 update to the Model Tax Convention. A revised version of the Convention will be published in the next few months. The 2017 update primarily reflects changes developed through the BEPS project since publication of the last update in 2014.