Compliance Management Archive

• December 2017

  Macri's tax reform bill enters final stage

  December 18, 2017

  Argentina’s government is expected to push through the final version of its tax reform bill by the end of the year. The House Budget Committee began its analysis of the government’s tax and pension reforms last week.

• The surprising ways governments and tech companies are working together to close tax loopholes and promote compliance

  December 14, 2017

  Historically, there has been long-standing friction between governments and businesses due to complexities within outdated tax laws and compliance processes. As a result, businesses face many obstacles and take on additional costs as they look to grow and expand, while governments fail to collect the true taxes owed, hurting their ability to effectively serve their community.

• Facebook overhauls tax structure in Ireland

  December 14, 2017

  Facebook has announced it will adopt a local selling model and pay tax in the countries where its profits are made, as opposed to redirecting its revenue through its international headquarters in Dublin.

• Debt interest: A disfavoured instrument

  December 14, 2017

  The concept of having an optimal equity structure, including debt instruments, is being slowly shredded by tax perceptions and legislation, imposing additional cash costs for this historic and sound economic position, writes Keith Brockman.

• Embracing tax certainty through improved dispute resolution

  December 14, 2017

  A suite of mutually reinforcing measures with an overall focus on resolution at the earliest point in time is the ultimate goal for taxpayers and tax authorities. Achim Pross, Sandra Knaepen and Mark Johnson of the OECD describe the organisation’s comprehensive dispute resolution agenda, both within and beyond the BEPS project.

• International tax dispute resolution – the MLI conundrum

  December 14, 2017

  Peter Nias, barrister and Centre of Effective Dispute Resolution (CEDR) panel mediator of Pump Court Tax Chambers in the UK, considers whether the arbitration provisions in the OECD’s Multilateral Instrument (MLI) and Action 14 proposals offer the only option for dispute resolution for all parties.

• Q&A: European tax commissioner Pierre Moscovici talks tax havens and the digital single market

  December 12, 2017

  European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici speaks to International Tax Review about the EU’s blacklist of tax havens, the struggle to tackle tax avoidance and how to tax the digital economy.

• How will Trump’s sweeping tax reform bill impact Mexico?

  December 11, 2017

  The US Senate voted 51 to 49 to pass an historic tax reform bill on December 2 that is expected to impact Mexico from both a tax and economic perspective.

• Brexit means full alignment on customs

  December 08, 2017

  After months of gruelling negotiations, the EU and the UK have finally settled on the first parts of a Brexit deal covering the questions around the single market and customs union with major implications for tax policy.

• EU plays it safe with tax blacklist

  December 05, 2017

  The EU Council has listed 17 jurisdictions as non-cooperative for tax purposes in its latest blacklist, and also released a grey list of 47 countries, but, it has played it safe by excluding known tax havens.

• UAE and Saudi Arabia ready for VAT: Are you prepared?

  December 01, 2017

  The United Arab Emirates and Saudi Arabia have published their final VAT laws, but questions remain over just how ready the GCC and its taxpayers are for VAT with only a month to go.