On March 31, 2017 the Australian Taxation Office (ATO) issued an announcement informing the public that on March 31, 2017  the Australian Government announced that, from April 1, 2017, a reverse charge of goods and services tax (GST) applies to all business to business taxable supplies of gold, silver or platinum.

On March 30, 2017 the UK HM Revenue & Customs (HMRC) published a policy paper titled “Amendments to Country By Country reporting 2017” as well as an updated policy paper: “Country by country reporting”, which was initially published on February 26, 2016.

On March 29, 2017 the Ne Zealand tax authorities issued a an announcement announcing that as part of implementing the Common Reporting Standard (CRS) for Automatic Exchange of Financial Account Information in Tax Matters (AEOI), New Zealand is required to publish a list of jurisdictions that Inland Revenue will exchange CRS information with.

In the announcement it is furthermore stated that the start date for CRS obligations in New Zealand is July 1, 2017. In anticipation of that, Inland Revenue is planning to publish its initial list of reportable jurisdictions by the end of May. The list will be confirmed by an Order in Council.

The OECD has made a replay available of its Tax Talks Webcast of March 28, 2017.

During the Webcast the OECD's Centre for Tax Policy and Administration (CTPA) a.o. gave an update on the below mentioned topics:

·   Outcomes of G20 Finance Ministers meeting in Baden-Baden.

·   Update on Inclusive Framework on BEPS – including progress on transfer pricing, the Multilateral Instrument and ongoing peer reviews.

·   The OECD’s latest work on tax certainty.

·   The months ahead: OECD's work programme.

On January 6, 2017 the OECD published a Public Discussion Draft on non-CIV examples. The Discussion Draft was follow-up work on the interaction between the treaty provisions of the report on BEPS Action 6 and the treaty entitlement of non-CIV funds.

The following draft examples were included in the Public Discussion Draft published on January 6, 2017:

·   Regional investment platform example

·   Securitisation company example

·   Immovable property non-CIV fund example

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