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(May 19, 2015)
The European Parliament’s Special Committee on Tax Rulings and Other Measures Similar in Nature or Effect has requested several organizations and governments to be provided with documents in order to gather information. In this respect it a.o. requested information from the Commission, the Council, Member States and National Parliaments. The Special Committee has now made a start with publishing official letters on the website of the European Parliament.
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(May 19, 2015)
The OECD has published the second part of the OECD Secretary-General Report to G20 Finance Ministers from April 2015. The report consists of two parts. Part I is a report by the OECD Secretary-General regarding (i) the OECD/G20 Base Erosion and Profit Shifting Project; and (ii) Tax transparency through information exchange. Part II (the part that has now been published on the website of the OECD) is a Progress Report to the G20 by the Global Forum on Tax Transparency and Exchange of Information for Tax Purposes (Update on Effectiveness and On-Going Monitoring).
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(May 19, 2015)
The OECD has announced that on May 14, 2015 the Republic Ghana and the Republic of Seychelles signed the Multilateral Competent Authority Agreement (MCAA), implementing the new Standard for automatic exchange of financial account information in tax matters. Herewith the total number of countries that have signed the MCAA comes to 54.
Read more: Ghana and Seychelles sign the Multilateral Competent Authority Agreement
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(May 15, 2015)
On May 15, 2015 the OECD published a revised Public Discussion Draft on Action 7 of the BEPS Action Plan (Prevent the Artificial Avoidance of PE Status). The Discussion Draft is titled: “Revised discussion draft – BEPS ACTION 7: PREVENTING THE ARTIFICIAL AVOIDANCE OF PE STATUS”.
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In today’s edition a.o.: Hong Kong – Three orders on avoidance of double taxation agreements gazetted; Hungary – New proposed tax package leaves common public charges either lower or unchanged
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