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Stories that are tagged 'standards'

Panama Seeks Removal From French Tax Blacklist

by Mike Godfrey,, Washington

Wednesday, January 11, 2017

Panama is to meet with French authorities next week to negotiate its removal from France's blacklist of non-cooperative territories. Read Full Story


EU Presses Ahead With Single Market Improvements

by Ulrika Lomas,, Brussels

Wednesday, January 11, 2017

The European Commission has published a package of measures to ease the administrative burden on service providers, which includes plans for a new European Services e-card and a proportionality assessment of national regulations. Read Full Story


Three More Nations Commit To BEPS Minimum Standards

by Ulrika Lomas,, Brussels

Monday, January 9, 2017

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


AICPA Issues Guide On New US Revenue Recognition Rules

by Glen Shapiro,, New York

Friday, January 6, 2017

The American Institute of Certified Public Accountants has issued the first online edition of its Audit & Accounting Guide on Revenue Recognition in response to the new standards from the Financial Accounting Standards Board. Read Full Story


Hong Kong Needs Measured BEPS Response: Report

by Mary Swire,, Hong Kong

Friday, January 6, 2017

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


IRS Guides On Professional Employer Organization Status

by Scott Hamilton,, Washington

Wednesday, January 4, 2017

In Revenue Procedure 2017-14, the Internal Revenue Service has released guidance on the requirements that US business entities must satisfy to maintain their certification as Professional Employer Organizations. Read Full Story


German Government Targets Offshore Tax Avoidance

by Ulrika Lomas,, Brussels

Monday, January 2, 2017

The German Government has adopted draft anti-avoidance legislation intended to make it more difficult for domestic taxpayers to avoid tax through the use of "mailbox companies in tax havens." Read Full Story


Cyprus, India Tax Treaty To Take Effect In 2017

by Mary Swire,, Hong Kong

Wednesday, December 28, 2016

The revised double tax avoidance agreement between India and Cyprus will take effect from April 1, 2017, India's Central Board of Direct Taxes has announced. Read Full Story


ECJ AG: EU States Must Each Approve Singapore FTA

by Ulrika Lomas,, Brussels

Tuesday, December 27, 2016

A planned free trade agreement between Europe and Singapore must be jointly approved by the EU and its member states, an Advocate General of the European Court of Justice has opined. Read Full Story


Mauritius Rejects 'Tax Haven' Label

by Lorys Charalambous,, Cyprus

Monday, December 26, 2016

On December 16, Mauritius's Financial Services Commission and the Financial Services Promotion Agency condemned a Oxfam policy paper labeling Mauritius a tax haven. Read Full Story




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