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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
At a press briefing on February 21, China's Minister of Commerce, Gao Hucheng, indicated that his country would react were the US to impose a border adjustment tax. Read Full Story
The UAE and Burundi have signed two agreements to avoid double taxation and promote investments between the countries. Read Full Story
The European Union has welcomed the entry into force of the WTO Trade Facilitation Agreement, which aims to modernize and simplify customs and border procedures. Read Full Story
In its submission to the Petroleum Resource Rent Tax review, the Business Council of Australia has said that the Government should not pursue changes to the regime unless there are clear benefits from doing so. 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
Canadian Prime Minister Justin Trudeau has welcomed the European Parliament's decision to ratify the Comprehensive Economic and Trade Agreement, and described the deal as "a complete action plan to ensure economic and responsible cooperation between countries." 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
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 European Union and Japan have said that they are committed to the early conclusion of free trade negotiations. Read Full Story
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