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South Africa's 2017-18 Budget, announced by Minister of Finance Pravin Gordhan on February 22, has had to resort to tax hikes, particularly on the wealthy, in order to stabilize the country's fiscal position. Read Full Story
On February 21, 2017, the European Council reached a compromise on a new Directive aimed at closing down hybrid mismatches between EU tax systems and those of non-EU countries. Read Full Story
As part of a review of corporate tax policy, the Irish Finance Ministry has said reliance on tax revenues from foreign-owned multinationals is contributing "to the volatility and unpredictability of corporate tax receipts." Read Full Story
Singapore's Finance Minister, Heng Swee Keat, has presented the country's latest budget, which includes proposals for a new safe harbor rule and a preferential intellectual property tax regime. Read Full Story
Apple has claimed that the European Commission erred in its interpretation of Irish law and violated the principle of legal certainty in ordering the recovery of alleged illegal state aid granted to Apple. Read Full Story
Irish Finance Minister Michael Noonan has criticized the EU's proposals for a common consolidated corporate tax base and public country-by-country reporting as "against the BEPS consensus." Read Full Story
EU Tax Commissioner Pierre Moscovici has said that the European Commission is "very disappointed" by the result of Switzerland's recent referendum on corporate tax reform. Read Full Story
A new chairperson has been appointed to take forward the EU's work against harmful tax practices internationally. Read Full Story
The Australian Government has launched a consultation on how to improve transparency surrounding the beneficial ownership of companies. Read Full Story
An international group of investors has issued a new report that calls for companies to improve disclosures surrounding the management of their tax affairs. Read Full Story
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