Dear all,
Please note that the WebEx session on Country-by-Country Reporting will take place today.
If you would like to join as well, please find below the dial-in details:Read More »
Tag: OECD
Invitation for informal Webcast on Country-by-Country Reporting
Last month the OECD has published its final reports to combat Base Erosion and Profit Shifting (‘BEPS’). Finance Ministers from the G20 countries have since then endorsed the final detailed action plan for putting in place a coherent and transparent global tax regime.
One of the core themes of the BEPS action plan is the concrete requirement for all multinational companies (with a global turnover of EUR 750 million or more) to annually prepare the country-by-country report (CbC Report). Read More »
New Zealand – Tax Bill proposes GST registration for foreign B2C e-service providers as of 1 October 2016
Further to my previous post the New Zealand Government submitted its legislative proposal in relation to the GST law reform on offshore online purchases of services.
The Government has followed the modern VAT/GST practices and OECD recommendations and has decided to reform the GST system. The reforms focus on two main Areas:
1. Digital products and cross border services, in respect of which draft legislation proposes imposing GST on digital products and other Services purchased by New Zealand private consumers from offshore sellers. The new rules will apply from 1 October 2016.Read More »
OECD – BEPS project – Final report on Action 1: Addressing the Tax Challenges of the Digital Economy
The OECD’s Base Erosion and Profit Shifting (BEPS) project started in 2013 amid growing concern of tax planning used by multinational enterprises (MNEs) to artificially reduce taxable income / shift profits to low tax countries by benefitting from discrepancies between country specific tax rules.Read More »
Multinationals receive OECD country-by-country reporting, multilateral instrument and IP tax incentive BEPS proposals
During a G20 finance ministers’ conference on 9/10 February in Turkey, the latest developments in the base erosion shifting project were presented. As a consequence, additional guidance on complying with certain recommendations resulting from the OECD’s base erosion and profit shifting (BEPS) action plan was issued.Read More »
OECD – Consumption Tax Trends 2014 and The Distributional Effects of Consumption Taxes in OECD countries – reports published
Consumption Tax Trends 2014
Tax landscape is shifting away from taxes on labour and corporate income towards more ‘growth friendly’ sources of revenue, like consumption taxes and property taxes. VAT is an important source of revenue for OECD countries, representing on average approximately 20% of total tax revenues. Read More »
PwC – Webcast Invitation – Policy
I would like to draw your attention for our upcoming PwC Webcast on Policy.Read More »
Switzerland underlines efforts to cooperate in exchange of financial account information in tax matters
On 19 November, Switzerland signed the Multilateral Competent Authority Agreement in Tax Matters as 52nd jurisdiction. This is a further step in the country’s plan to activate automatic exchange of financial account information in tax matters with other countries.Read More »
Global conference “The Future of VAT in a Digital Global Economy” – Vienna – 24-26 September 2014
What’s the future of VAT in a digital global economy? How are corporate, individual income taxes and VAT connected in a global digital economy?
Distinguished academics, policy makers from bodies such as the OECD, IMF and the EU Commission as well as practitioners and government representatives from all over the world will elaborate on the hottest topics regarding VAT related to the digitalisation of the global economy. Read More »
Italy EU Presidency priorities for the period 1 of July to 31 of December 2014
Italy took over EU Council Presidency on 1 July 2014 for the following 6 months. Italy’s Prime Minister Matteo Renzi presented Italy’s priorities to the new Members of the EU Parliament and the formal programme has now been released.
In the area of indirect taxation, the Italian Presidency willRead More »
Michaela Merz 