Dutch tax rulings to Nike under EU Commission’s scanner
January 14, 2019The European Commission is examining whether five tax rulings issued by the Netherlands to global sportswear company Nike from 2006-2015 violate EU state aid rules.
New EU corporate tax avoidance rules enter into force
January 3, 2019From January 1, 2019, EU member states will apply new anti-abuse measures to tackle certain kinds of corporate tax avoidance strategies employed by certain multinational corporations.
Singapore Ratifies BEPS MLI to tackle MNE tax avoidance
December 22, 2018On December 21, 2018, Singapore deposited with the OECD the Instrument of Ratification for the Multilateral Convention to implement tax treaty-related measures to prevent base erosion and profit shifting.
Gibraltar provided illegal tax benefits to MNEs: EU Commission
December 20, 2018Gibraltar gave around EUR100m of illegal tax advantages to multinational companies through a corporate tax exemption regime for interest and royalty income and through five individual tax rulings, the European Commission has found.
Australia sees improved corporate tax compliance
December 20, 2018There is an increasing level of tax compliance among businesses with gross income of over AUD250m, a new tax gap analysis undertaken by the Australian Taxation Office for the 2015-16 income year reveals.
Hong Kong, Finland tax treaty to take effect in April 2019
January 8, 2019The tax treaty between Hong Kong and Finland entered into force on December 30, 2018. The treaty will be effective from April 1, 2019.
New tax treaty between Switzerland, Pakistan effective from January 2019
December 4, 2018A new tax treaty between Switzerland and Pakistan will be effective from January 1, 2019.
India, Hong Kong tax treaty to take effect from April 2019
December 1, 2018The tax treaty between India and Hong Kong entered into force on November 30, 2018. The treaty will be effective from April 1, 2019.
India, China Sign Tax Treaty Protocol to Implement BEPS Minimum Standards
November 27, 2018India has signed a Protocol to amend its tax treaty with China.
