Pravin Gordhan, South Africa's finance minister, announced the South African Revenue Service (SARS)'s intention to launch a voluntary disclosure programme (VDP) in his budget speech earlier this year. The VDP will be instituted, as part of the Taxation Laws Second Amendment Bill, 2010 (Bill), from November 1 2010 to October 31 2011.
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The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals
Jean-Michel Henry and Mona El-Begawi of Deloitte Luxembourg examine the complexities created by timing differences in Luxembourg, EU, and OECD tax regimes
Samuel Fernandes de Almeida of MFA Legal & Tech assesses whether Portugal’s 7.5% surcharge on non-residents aligns with the EU’s free movement of capital principle and passes the proportionality test
Senior McCarthy Tétrault tax practitioners highlight significant updates and implications for multinationals as Canada’s transfer pricing rules become more closely aligned with OECD guidance