July 10, 2014
Delivering his first Budget speech today, Arun Jaitley, India’s new finance minister, pledged to maintain a stable tax environment, but disappointed multinational taxpayers by not removing rules on retrospective tax. Indeed, while the majority of the finance minister’s proposals sound business-friendly enough, taxpayers would have liked more concrete detail.
June 24, 2014
Taxpayers in Spain got some welcome news last week when the government announced a tax reform package, including a cut in the corporate tax rate, by two percentage points to 28% next year, and another – to 25% – from the start of 2016. Tax executives from BMW, Iberdrola and Repsol share their initial reactions to the reform with International Tax Review, with all wanting more information before they could be completely satisfied with the measures.
July 21, 2014
The OECD today unveiled the full version of the new global standard for automatic exchange of information between jurisdictions, which will be presented to the meeting of G20 finance ministers in Cairns, Australia on September 20 and 21.
July 09, 2014
The German government has committed to prepare for the full implementation of the Extractive Industries Transparency Initiative (EITI).
July 14, 2014
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