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Latest News - Tax

Hungary introduces stricter transfer pricing requirements

  • Author: IAB
  • Published: 5 Mar 2018

Hungary has implemented the OECD recommendations for BEPS Action 13 on Transfer Pricing Documentation and Country-by-Country Reporting (CbCR).... read more

OECD launches consultation on misuse of residence by investment schemes

  • Published: 20 Feb 2018

The OECD has launched a consultation on the misuses of residence by investment (RBI) schemes for tax evasion/avoidance purposes.. read more

Indian tax reform disrupted businesses: IFAC Survey finds

  • Published: 15 Feb 2018

Around 64% of Indians surveyed believe that the Goods and Services Tax (GST) rollout led to a disruption among the businesses community across the.... read more

Countries must strengthen tax systems to meet Sustainable Development Goals

  • Published: 15 Feb 2018

The IMF, the OECD, the United Nations and World Bank Group have called on governments to strengthen and increase the effectiveness of their tax.... read more

Registrations for the World Congress of Accountants open

  • Author: Vincent Huck
  • Published: 16 Nov 2017

Registrations for the World Congress of Accountants 2018 (WCOA 2018) have opened. The congress will take place in Sydney, Australia, which last.... read more

Preliminary report calls Big Four a “cartel-like group”

  • Author: Vincent Huck
  • Published: 25 Oct 2017

The Maturity Institute, a not for profit company which rates how well organizations are performing today and the probability that they will.... read more

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

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