Iceland signs new multilateral convention to prevent tax avoidance
Iceland has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). On 7 June 2017, over 70 Ministers and other high-level representatives
See MoreCanada: An arrangement signed with U.S. regarding the exchange of CbC Reports
The competent authorities of Canada and the United States of America (U.S.), on 7th of June 2017, signed an arrangement on the exchange of Country-by-Country Reports. The information exchanged is subject to the privacy and other provisions of the
See MoreSwitzerland signs OECD Multilateral Treaty on Double Taxation
Switzerland signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI") on 7th June 2017 in Paris. The Convention is a key outcome of the OECD/G20 Base
See MorePakistan: Signs the Multilateral Convention to implement tax treaty related BEPS measures
On 7 June 2017, the OECD announced that Pakistan signed the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (MCAA). About 70 countries have signed this Multilateral Instrument (MLI) agreement at the
See MoreGreece signs Multilateral Convention to Prevent Tax Avoidance, Double Taxation
The Deputy Finance Minister, Katerina Papanatsiou, signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). More than 76 other countries and
See MoreGermany signs the Multilateral Convention to implement tax treaty related BEPS measures
Finance Minister Schäuble signed the OECD Multilateral Instrument (MLI) on 7 June 2017 in Paris. The MLI instrument represents a vital step forward in the fight against base erosion and profit shifting (BEPS) and is a remarkable consensus agreed
See MoreJersey signs MLI to implement tax treaty related BEPS measures
The Chief Minister of Jersey, Senator Ian Gorst, signed the Multilateral Convention to Implement Tax Treaty Related Measures to prevent Base Erosion and Profit Shifting (MLI) on June 8, 2017 at the OECD Headquarters in Paris. The Multilateral
See MoreIndia signs the Multilateral Convention to implement tax treaty related BEPS measures
The Finance Minister, Arun Jaitley, on 7 June 2017 in Paris on behalf of India, signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting. About 70 countries at all levels of development
See MoreAustralia signs MLI to prevent tax avoidance
Australia has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). The Minister for Trade, Tourism and Investment, Mr. Steven Ciobo MP, signed
See MoreIsle of Man signs MLI to prevent tax avoidance
On 7 June 2017, the Treasury Minister of Isle of Man, Mr. Alfred Cannan MHK has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”) in
See MoreOECD: 68 jurisdictions have signed MLI to implement tax treaty related BEPS measures
On June 7, 2017, in Paris 68 nations signed a multilateral instrument to amend their existing tax treaties, adding provisions that would reduce multinational tax avoidance and reinforce tax dispute settlement procedures. The amendments implement the
See MoreUK signs MLI to prevent tax avoidance
On 7 June 2017, United Kingdom has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”) in Paris. Total 68 countries, including
See MoreIreland signs MLI to prevent tax avoidance
On 7 June 2017, Finance Minister Mr. Michael Noonan T.D. has signed the OECD Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”) on behalf of
See MoreTax Inspectors Without Borders: Annual Report for 2016/17
The organisation Tax Inspectors Without Borders (TIWB) has issued it Annual Report for 2016/17. The report covers the period from January 2016 to April 2017. TIWB aims to support developing countries in their efforts to raise more domestic tax
See MoreOECD: Terms of reference for peer review of BEPS action 6
On 29 May 2017 the OECD released the document that will form the basis of the peer review of the minimum standard on treaty shopping. This minimum standard arises from Action 6 of the project on base erosion and profit shifting (BEPS). Action 6 is
See MoreOECD: Implementation Guidance on Hard to Value Intangibles
On 23 May 2017 the OECD issued a public discussion draft entitled Implementation Guidance on Hard-to-Value Intangibles. The draft is issued under Action 8 of the project on base erosion and profit shifting (BEPS) and invites comments on the guidance
See MoreBangladesh: Budget 2017-18
On 1 June 2017, the Finance Minister Mr. Abul Maal Abdul Muhith presented the annual national budget of an outlay of TK 4 trillion for the fiscal year 2017-18. In the proposed budget, the finance minister has targeted a GDP growth rate of 7.4 per
See MoreGermany: Government approves signing of MLI to implement tax treaty related BEPS measures
The German Federal Parliament on 21 December 2016, approved the signing of the Multilateral Instrument (MLI) to implement into bilateral tax treaties the tax treaty-related measures arising from the OECD / G20 BEPS Project to tackle base erosion and
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