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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
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
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
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
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
EU Tax Commissioner Pierre Moscovici has said that the European Commission is "very disappointed" by the result of Switzerland's recent referendum on corporate tax reform. Read Full Story
Indonesia has filed a notice of appeal at the World Trade Organization concerning anti-dumping duties imposed by the European Union on its exports of certain fatty alcohols, which are used in the chemicals industry. Read Full Story
Botswana's Budget for the 2017/18 fiscal year looks to reduce the country's dependency on revenues from diamonds. Read Full Story
The Australian Government has launched a consultation on how to improve transparency surrounding the beneficial ownership of companies. Read Full Story
Proposed changes to Switzerland's corporate tax framework have been rejected in a referendum. Read Full Story
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