Switzerland terminates withholding tax agreements with Austria and UK The withholding tax (WHT) agreement held by Switzerland with Austria and the UK will be terminated on January 1 2017, the Swiss authorities have announced. By Anjana Haines November 14 2016
ECOFIN reacts to EC’s corporate tax plans The EU Economic and Financial Affairs Council (ECOFIN) has weighed in on the European Commission’s (EC’s) proposals to target profit shifting opportunities used by the biggest multinational groups. By Anjana Haines November 09 2016
EU Council agrees on criteria to establish tax blacklist The EU Economic and Financial Affairs Council (Ecofin) has agreed on measures to help establish a tax blacklist of uncooperative jurisdictions. By Anjana Haines November 08 2016
China appoints new finance minister China’s Standing Committee of the National People’s Congress announced on November 7 that Xiao Jie will be the new Finance Minister, replacing the long-standing reformer Lou Jiwei. By Anjana Haines November 07 2016
India’s GST Council agrees on rates India’s GST Council has agreed on a rate structure for the country’s new goods and services tax (GST) regime, due to enter into force on April 1 2017. By Anjana Haines November 03 2016
Australia to amend non-resident withholding tax regime Non-resident taxpayers could be subject to a revised withholding tax regime on all their Australian-sourced income under proposals unveiled by the Treasury. By Anjana Haines November 03 2016
Adam Beckerink returns to Baker & McKenzie in Chicago Adam Beckerink re-joined Baker & McKenzie as Counsel in Chicago on November 1 after working at Reed Smith, strengthening the state and local tax capabilities of Baker & McKenzie's North... By Anjana Haines November 03 2016
HMRC chasing UK’s richest taxpayers The UK’s tax authority, HMRC, is investigating the revenue risks posed by more than 6,000 of the richest taxpayers who use legal loopholes and efficient tax planning to reduce their... By Anjana Haines November 01 2016
India appoints new chairman of the Central Board of Direct Taxes Sushil Chandra has taken over from Rani A Nair as the chairman of the Indian government’s Central Board of Direct Taxes (CBDT) as of November 1. By Anjana Haines November 01 2016
Alvarez & Marsal enhances Atlanta office with two appointments Mark Trivette and Paras Motiram have joined the Atlanta office of Alvarez & Marsal, Taxand USA. By Anjana Haines October 28 2016