TAXE Committee gives multinationals ‘one more chance’ to turn up, reports Tim Law (Engaged Consulting)
The US Internal Revenue Service (IRS) has announced it has begun the automatic exchange of financial account information with certain foreign tax administrations as specified under the intergovernmental agreements (IGAs) implementing FATCA, and that therefore it has met a key FATCA milestone by i
The eleventh session of the United Nations (UN) Committee of Experts on International Cooperation in Tax Matters to be held in Geneva, Switzerland, where BEPS is one of the items on the agenda to be discussed.
Depreciation of goodwill and freedom of establishment
Allan Cinnamon (Cintax the Word Ltd) provides a quarterly update on tax treaty developments, including trends influenced by BEPS.
OECD recommendations hailed as ‘important milestone’, and the challenge now is to ensure measures are implemented consistently and coherently.
The OECD has provided further details regarding the release of its final recommendations on BEPS on Monday 5 October.
The European Commission has published responses to the public consultation on further corporate tax transparency.
The EU Joint Transfer Pricing Forum (JTPF) has agreed on its programme of work for the period 2015–2019. The programme of work will consist of monitoring and improving the existing JTPF guidance and developing new tools and guidance where appropriate.
The IRS has confirmed that the US has signed competent authority arrangements (CAA) with Australia and the UK, these are the first arrangements of this kind to be signed and it is anticipated that CAAs with other intergovernmental agreement (IGA) jurisdictions will be signed in the near future.