Posts by admin

OECD: Fourth round of peer review reports on tax dispute resolution mechanisms

August 31, 2018

On 30 August 2018 the OECD released a fourth batch of peer review reports in relation to BEPS action 14...

UK: government issues guidance on VAT post Brexit

August 31, 2018

On 23 August 2018 the UK government issued guidance notes on implications of a so-called “no deal” Brexit, in other...

ASEAN: Agreements Signed at Meeting of Economic Ministers

August 30, 2018

Economic Ministers from member states of the Association of South East Asian Nations (ASEAN) are meeting in Singapore between 29...

UK: Statistics on tax evasion hotline

August 30, 2018

Statistics show that the UK tax authority HMRC received more than 40,000 telephone tip-offs in 2017/18 from members of the...

UK: Think tank urges government to scrap entrepreneurs’ tax relief

August 29, 2018

In the autumn budget to be announced later in 2018 the UK government is expected to increase government spending in...

IMF focuses on transparency and governance issues in South Africa

August 27, 2018

The IMF’s Country Focus issued on 2 August 2018 featured an interview with the IMF’s team head for South Africa...

Chile: 2018 tax reform submits to Congress

August 27, 2018

The Finance Minister, Felipe Larraín, announced on August 23, 2018, that the draft law for the modernization of taxation was...

UK Chancellor Considering Tax on Revenues of Online Retailers

August 26, 2018

In an interview published on 10 August 2018 the UK Chancellor of the Exchequer stated that large online retailers should...

Poland: Ministry of Finance declares key changes under 2019 tax reform

August 26, 2018

Poland’s Ministry of Finance announced, significant changes in the tax law are planned in Poland as of 2019. The Ministry...

IMF Statement Comments on Economic Developments in Mozambique

August 24, 2018

On 3 August 2018 the IMF released a statement following a visit to Mozambique to look at recent macroeconomic developments;...

IMF Report Comments on Economic Policy in India

August 24, 2018

On 7 August 2018 the IMF published a report following consultations with India under article IV of the IMF’s articles...

IMF Report Comments on Economic Policy in Hungary

August 24, 2018

On 1 August 2018 the IMF published its report following consultations with Hungary under Article IV of the IMF’s articles...

Switzerland: Federal Council adopts dispatch on BEPS convention

August 22, 2018

The Federal Council adopted the dispatch on the multilateral convention to implement tax treaty related measures to prevent base erosion...

Brazil modifies fines applicable for companies under special regime and exempt entities

August 21, 2018

Normative Instruction 1,821/2018, published in the Official Gazette of 31 July 2018, modifies the fines applicable to companies taxed under...

Brazil: Mixed commission approves Provisional Measure 836/2018

August 20, 2018

The mixed commission of the Senate and Chamber of Deputies approved the conversion into law of Provisional Measure 836/2018 on...

Croatia: MoF publishes a draft bill covering various sectors

August 20, 2018

The Finance Minister, Zdravko Marić, on August 16, 2018, published draft bill on amendments to the Law on administrative cooperation...

Kazakhstan: Ministry of Finance releases draft bill to ratify MLI

August 16, 2018

The Finance Ministry has published a draft bill on August 1, 2018, for ratifying the Multilateral Convention to Implement Tax...

Nigeria: Areas where CCAs may conflict with domestic law

August 12, 2018

The Government has observed almost six years of significant efforts to align its domestic tax laws and regulations with international...