Financial institutions get glimpse of draft FATCA agreement The US Treasury Department and Internal Revenue Service (IRS) yesterday published draft guidance and an agreement for foreign financial institutions (FFIs) under the Foreign Account Tax Compliance Act (FATCA), as... By Ralph Cunningham October 30 2013
Developing countries emphasise importance of trust between taxpayers and officials Seth Terkper, Ghana’s finance minister, has told a meeting in London attended by tax directors from leading multinational companies that tax evasion means that some countries cannot achieve targets for... By Ralph Cunningham October 23 2013
World Tax 2014 is now online Find out which firms have been ranked in World Tax 2014, the annual directory of the leading tax advisory and law firms, is now live online. By Ralph Cunningham October 22 2013
Political pressures add to technical demands on OECD's BEPS project The OECD is under substantial political pressure to produce results from its project on base erosion and profit shifting (BEPS), a panel of tax executives and practitioners told an international... By Ralph Cunningham October 15 2013
Reed Smith launches TP practice with Dentons hires Reed Smith is starting a transfer pricing practice in the US after the recruitment of five members of Dentons’ tax team. By Ralph Cunningham October 10 2013
Australia shakes up approach to large business The Australian Tax Office has made some changes to how it works with large businesses, including creating a new role to look at base erosion and profit shifting (BEPS). By Ralph Cunningham October 09 2013
Twitter’s S-1 filing discloses tax position before share offer The much-anticipated filing last week of Twitter’s S-1 document with the Securities and Exchange Commission before its initial public offering (IPO) also revealed the micro-blogging site’s tax position. By Ralph Cunningham October 09 2013
UK starts compliance with EU country-by-country reporting rules The UK tax authorities said they will adopt the country-by-country reporting provisions of the EU Capital Requirements Directive 4 (CRD4) and Capital Requirements Regulation (CRR) proportionately and in a way... By Ralph Cunningham October 03 2013
New Brazilian tax and accounting guidance spells danger for taxpayers New guidance from the Brazilian tax authorities on the transition tax regime (RTT) could carry serious implications and risks for taxpayers. By Ralph Cunningham October 03 2013
