The 2012 International Tax Review Asia Tax Forum, held in Singapore, once again attracted scores of tax professionals from throughout the Asia-Pacific region and beyond. While transfer pricing was high on the agenda, it was not the only concern and other panels included: keeping in step with Chinese rules changes; establishing trust between officials and taxpayers; dealing with developing tax systems; the Indian reform; cross-border issues; dispute resolution; improving effectiveness in the tax department through technology; and indirect tax.
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The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year