The OECD will publish the final reports for its base erosion and profit shifting (BEPS) project on 5 October 2015, with entries for 13 final reports appearing in the OECD’s online library with that publication date. Summaries have been added for 11 of the reports (i.e.
The European Economic and Social Committee (EESC) is holding the last plenary session of its current five-year term in Brussels on 16–17 September, where it is expected to discuss proposals for a new European environmental tax, which would be based on taxing how much energy is consumed and CO2 em
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published a draft report making recommendations to the Commission on ‘Bringing transparency, coordination and convergence to Corporate Tax policies in the Union’.
The UK government signed a new double taxation convention with Zambia on 4 February 2014. This treaty entered into force on 20 July 2015. See www.bit.ly/1iIzZTF.
The meeting of G20 finance ministers and central bank governors took place on 4–5 September 2015 in Ankara, Turkey.
A recent case before the Jersey Royal Court has raised the possibility that tax avoidance may play an increasing part in deciding future trust rectification applications.
The Australian Senate has published an interim report following five public hearings into international corporate tax and GST (VAT) issues. The report makes 17 recommendations over four areas:
New Zealand tax authorities have published a consultation document considering proposals to bring all services supplied to New Zealand residents within the scope of GST and selectively zero-rating services that are physically consumed outside New Zealand.
The OECD has published Revenue Statistics in Asian Countries: Trends in Indonesia, Malaysia and the Philippines compiling comparable tax revenue statistics across these economies, with Japan and Korea.
Turkey, the Slovak Republic and Portugal have become the latest jurisdictions to officially sign FATCA intergovernmental agreements (IGAs) with the US.