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Just weeks after suggesting that the Dutch corporate tax rate should be reduced, Finance Minister Jeroen Dijsselbloem appears to have reversed his position. Read Full Story
Snap, the US parent company of messaging app Snapchat, has chosen to establish its non-US base in London, in an endorsement of the UK's tax environment, despite the UK's decision to leave the European Union. Read Full Story
Google has agreed to pay up to EUR280m to settle corporate income tax said to be due to the Italian Revenue Agency, according to Italian media reports. Read Full Story
On January 12, 2017, the Inland Revenue Authority of Singapore issued updates to its e-Tax Guide on the country's transfer pricing rules. Read Full Story
India's Central Board of Direct Taxes has constituted an expert committee to examine the final base erosion and profit shifting recommendations and to devise a roadmap for implementing the recommendations. Read Full Story
A further three countries have committed to participate in international base erosion and profit shifting discussions and implement minimum standards, under the OECD's new "inclusive framework" for countries. Read Full Story
Hong Kong's Financial Services Development Council has issued a paper setting out key recommendations for the Government to consider in the area of international tax law. Read Full Story
India and Singapore have signed a protocol to limit abuse of their double taxation avoidance agreement. India had also recently agreed a similar change to its tax treaty with Mauritius and Cyprus. Read Full Story
The European Commission has welcomed the entry into force of rules to require EU member states to automatically exchange information on all new cross-border tax rulings that they issue. Read Full Story
New Zealand retailers have called for legislation requiring foreign companies to register for GST, saying that avoidance of the tax by multinationals is costing the government at least NZD200m (USD138m) in lost revenue. Read Full Story
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