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Stories that are tagged 'standards'




MEPs: Brexit Deal Cannot Be Better Than EU Membership

by Ulrika Lomas, Tax-news.com, Brussels

Last updated 9 hours ago | Thursday, March 30, 2017

The European Parliament's Conference of Presidents has said that the benefits of being a member of the EU cannot be the same for a country which leaves the Union. Read Full Story

 

IRS Prepares For 'Revenue From Contracts With Customers' Standard

by Mike Godfrey, Tax-News.com, Washington

Last updated 33 hours ago | Wednesday, March 29, 2017

The Internal Revenue Service has published a proposed revenue procedure in Notice 2017-17 for taxpayers seeking to change a method of accounting for recognizing income after the adoption of the new financial accounting standards for recognizing revenue (IFRS 15). Read Full Story

 

Nepal Pushing For Tax Administration Improvements

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 28, 2017

Nepal is drafting a new single tax code "to implement tax policy improvements and to consolidate and harmonize the main domestic taxes under one piece of legislation," according to the International Monetary Fund. Read Full Story

 

Australian Miners: Diverted Profits Tax Law 'Flawed'

by Mary Swire, Tax-News.com, Hong Kong

Monday, March 20, 2017

The Senate Economics Committee's March 20 decision to endorse the Government's legislation for a Diverted Profits Tax represents a failure of Parliament to properly scrutinize the legislation, the Minerals Council of Australia has said. Read Full Story

 

Luxembourg Praised For Adopting International Tax Standards

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 10, 2017

Luxembourg should seek to widen the tax base while ensuring that its corporate tax regime continues to meet international best standards, says the International Monetary Fund. Read Full Story

 

Romania Joins BEPS Inclusive Framework

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 9, 2017

Romania approved legislation to join the OECD's base erosion and profit shifting Inclusive Framework on March 2. Read Full Story

 

OECD To Hold Fourth Meeting On International VAT Reform In April

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 8, 2017

The OECD has announced the agenda and date for the fourth meeting of the OECD Global Forum on VAT, to be held on April 12-14, 2017. Read Full Story

 

IMF Urges Tax Reform In Albania

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, March 8, 2017

Albanian authorities must secure parliamentary approval to bring about much-needed improvements to the country's tax regime, the International Monetary Fund has said in its latest Article IV consultation for the country. Read Full Story

 

South Korean Firms Urged To Anticipate US Trade Spat

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 7, 2017

South Korean exporters have been urged to put in place strategies to deal with potential changes to trading conditions with the United States. Read Full Story

 

EU Proposes Willing States Should Harmonize Tax Regimes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 3, 2017

The European Commission has outlined possible scenarios in which EU member states could cooperate more on tax. Read Full Story

 

 

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