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The Australian Senate has passed legislation to introduce a diverted profits tax from July 1, 2017. Read Full Story
The tax measures contained Canadian Finance Minister Bill Morneau's second Budget are focused on closing loopholes, cracking down on tax evasion, and improving tax reliefs for the "middle class." Read Full Story
African tax officials have attended a four-day workshop organized by the African Minerals Development Centre to improve their understanding of transfer pricing issues facing the mineral sector. Read Full Story
On March 23, India published a notice ratifying the double tax Protocol signed with Singapore, which entered into force on February 27. Read Full Story
Registration is open for an OECD webcast that will provide an overview of the latest international tax reform developments. Read Full Story
The OECD and the International Monetary Fund have submitted to the Group of Twenty nations a report on improving tax certainty for businesses. Read Full Story
In a bid to attract wealthy individuals to relocate to the country, and high net worth Italian expats to return there, the Italian authorities have introduced a EUR100,000 (USD106,251) per year substitute tax on foreign income and gains for previous non-doms who declare Italy as their primary tax residence. Read Full Story
HM Revenue and Customs is under pressure to review whether its approach to tackling film tax avoidance schemes is fair and equitable. Read Full Story
India has entered into new bilateral advance pricing agreements with the United Kingdom and Japan, India's Central Board of Direct Taxes announced on February 28. Read Full Story
Representatives from the Asia-Pacific Economic Cooperation countries discussed the implementation of base erosion and profit shifting recommendations at a seminar on February 22, 2017. Read Full Story
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