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Americans for Affordable Products, a business coalition that opposes the proposed border adjustment tax, has responded to the February 21 letter to leading US lawmakers from the American Made Coalition supporting border adjustability. 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
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
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
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
Philippine Department of Finance Secretary Carlos Dominguez III has approved a new revenue regulation, which would make banks, and not taxpayers, liable for late- or non-payment of taxes for electronic payments. Read Full Story
The Australian Government has launched a consultation on how to improve transparency surrounding the beneficial ownership of companies. Read Full Story
On February 6, the EU Council released a Roadmap for the tax reform measures that are being progressed by the Maltese Presidency of the European Union. Read Full Story
The Irish tax agency has updated its guidance on the automatic exchange of information on tax rulings between EU member states. Read Full Story
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