Sparks have flown over whether the Australian goods and services tax (GST) should undergo a formal review, to expand the tax base, following an investigation by former Liberal leader Nick Greiner.
New Zealand has taken great strides to increase its tax cooperation network and step-up the fight against tax evasion over the last couple of weeks, signing a number of new agreements.
In an exclusive interview with International Tax Review, Australia’s Deputy Prime Minister and Treasurer, Wayne Swan, discusses the corporate tax system and recent reformations.
The Extractive Industries Transparency Initiative (EITI) has announced that Mozambique is the latest country to become EITI compliant, bringing the total number of countries implementing the EITI standard to 37.
Three cases involving application of the general anti-avoidance rule (GAAR), at the Canadian Federal Court of Appeal (FCA), to deny taxpayers a capital or income loss, based on the distinction between a genuine capital loss and a loss on paper, have been seen in just three weeks. All have been denied.
