OECD consulting on digital tax proposal
October 9, 2019The OECD today published for stakeholders’ comments a proposal to advance international negotiations to ensure that multinational enterprises (MNEs), including digital companies, pay tax wherever they have significant consumer-facing activities and where they generate profits.
EU Commission investigating 39 Belgian MNE tax rulings
September 17, 2019The rulings practically resulted in over 50 percent and in some cases up to 90 percent of those companies’ accounting profit being tax exempt. EUContinue Reading
Transfer pricing MAP cases on the rise: OECD
September 16, 2019Transfer pricing disputes continue to increase, according to latest OECD statistics noting performance of over 85 tax jurisdictions in resolving tax treaty disputes through the mutual agreement procedure (MAP) framework.
OECD preparing for ‘big bang’ reform to address digital economy taxation
September 11, 2019The OECD is working to deliver the third “big bang” in the global tax system, that is addressing the tax challenges of the digitalization of the economy, OECD Secretary-General Angel Gurría has said.
Don’t focus only on corporation tax: Amazon
September 9, 2019US online retail giant Amazon paid GBP220m in UK direct taxes in 2018 out of total UK revenues of GBP10.89bn.
Hong Kong, Estonia sign tax treaty
October 3, 2019Hong Kong and Estonia, on September 25, signed a tax treaty to provide tax certainty in relation to cross-border transactions.
Japan, Peru to conclude a tax treaty
September 10, 2019Japan and Peru have “in principle” agreed to conclude a tax treaty.
US, Luxembourg ratify tax treaty protocol
September 10, 2019A new Protocol to the US-Luxembourg tax treaty has entered into force.
US releases details about tax treaty protocols with Japan, Spain
September 4, 2019The protocol to the US-Japan tax treaty entered into force on August 30, 2019, the US Treasury Department has announced.
