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Latest News - Tax

Sanders and Warren amongst USA Senators to call on standard setter to consider country-by-country reporting

  • Author: Vincent Huck
  • Published: 18 Oct 2017

Eight USA Senators, including prominent Democrat figures Elizabeth Warren and Bernard Sanders, have sent a letter to the Financial Accounting.... read more

News brief: RSM launches an interactive tax info map

  • Author: Stephanie Wix
  • Published: 19 Sep 2017

RSM has launched an interactive International tax info map designed to help international businesses respond to the latest developments in.... read more

The UK becomes the 20th country to exchange tax reports with the USA

  • Author: Stephanie Wix
  • Published: 1 Sep 2017

The UK and USA governments have agreed to exchange tax information from multinational enterprises in country by country reports (CBCR).. read more

The UK government made the right decision in delaying Making Tax Digital, finds survey

  • Author: Stephanie Wix
  • Published: 15 Aug 2017

Findings from a survey on Making Tax Digital (MTD) have revealed that 86% of respondents think that the UK government has made the right decision.... read more

EY launch a tax technology group to help clients tackle technology and transparency

  • Author: Vincent Huck
  • Published: 11 Aug 2017

EY has announced the creation of a group of 1,000 tax technology and performance improvement professionals from member firms from around the globe.... read more

Accountancy profession coy about UK Chancellor post Brexit tax remarks

  • Author: Vincent Huck
  • Published: 31 Jul 2017

UK chancellor Philip Hammond’s remarks to a French newspaper about not wanting to turn the UK into a tax haven after Brexit, contradicting a.... read more

USA standards setter urged by politicians and securities officials to introduce country-by-country tax reporting

  • Author: Vincent Huck
  • Published: 21 Jul 2017

Members of the USA House of Representatives and members of the SEC's Investor Advisory Committee (IAC) have separately sent a letter to the.... read more

Accountants shouldn’t exploit tax regulation loopholes, Accountancy Europe opines

  • Author: Vincent Huck
  • Published: 20 Jul 2017

Accountants shouldn’t devise and promote tax planning structures or arrangements that are designed to achieve a different result than what is.... read more

Professionals welcome UK government’s delay of Making Tax Digital but concerns remain

  • Author: Stephanie Wix
  • Published: 18 Jul 2017

The UK Government has delayed its plans for the digital transformation of the tax system (MTD) after professional bodies, businesses and MPs raised.... read more

Sixty eight countries sign a multilateral convention to reduce tax avoidance by multinational enterprises

  • Author: Sarajuddin Isar
  • Published: 8 Jun 2017

Sixty eight jurisdictions have signed a multilateral convention which aims to reduce tax avoidance by multilateral enterprises.. read more

President Juncker grilled by the European Parliament Panama Papers inquiry committee

  • Author: Stephanie Wix
  • Published: 2 Jun 2017

The European Commission president Jean-Claude Juncker faced a meticulous questioning about his current and past record on tax transparency and.... read more

Eurozone businesses are divided on the question of an EU-wide single corporate tax rate

  • Author: IAB editorial
  • Published: 25 May 2017

Eurozone businesses support for a single corporate tax rate in the European Union varies in terms of function of the rates applied in their own.... read more

Tax information exchange agreement signed between USA and Netherlands

  • Author: Stephanie Wix
  • Published: 19 May 2017

The USA government has signed a tax information exchange agreement with the Netherlands for income and taxes paid of multinational companies to be.... read more

BEPS implementation forces countries to find new business incentives, EY report suggests

  • Author: Sarajuddin Isar
  • Published: 11 May 2017

While countries worldwide still pursue low rate strategies, the implementation of the G20/OECD Base Erosion and Profit Shifting (BEPS).... read more

News brief: Andersen Tax wins against India IBA over brand name

  • Author: Rahman Aziz
  • Published: 5 May 2017

The high court of judicature in Bombay, India has announced that Andersen Tax has won the rights to the iconic brand name against International.... read more

USA business leaders predict corporate tax reform unlikely before 2018

  • Author: Vincent Huck
  • Published: 23 Mar 2017

While the Trump administration said it would deliver its corporate tax reform, the most significant tax reform in the USA since 1986, by the summer.... read more

Delay Making Tax Digital for business, says House of Lords on Finance Bill draft

  • Author: Stephanie Wix
  • Published: 17 Mar 2017

The House of Lords Economic Affairs Committee has released a report on the draft Finance Bill 2017 which covers the much anticipated subject,.... read more

GCC countries sign an agreement to implement VAT framework

  • Author: Rahman Aziz
  • Published: 17 Mar 2017

Gulf Cooperation Council (GCC) countries have signed an agreement to implement the Value Added Tax (VAT) framework in all GCC countries.. read more

ETAF calls for an EU Code of Conduct for tax intermediaries

  • Author: Rahman Aziz
  • Published: 13 Mar 2017

Answering and EU Commission’s consultation on tax planning, the European Tax Advisor Federation (ETAF) has called for an EU Code of Conduct for tax.... read more

MEPs seek to amend the AML Directive and allow citizens to access data of companies’ beneficial ownership

  • Author: Sarajuddin Isar
  • Published: 10 Mar 2017

The European Parliament’s Economic & Monetary Affairs (ECON) and Civil Liberties Justice & Home Affairs (LIBE) committees have voted on the.... read more


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