The publication of detailed rules by the Indian government on August 7 builds on the intergovernmental agreement (IGA) the country signed with the US in July to implement the Foreign Account Tax Compliance Act (FATCA).
The UK is stepping up the pressure on large businesses to be seen to be more transparent about their tax policy and to comply with their obligations in a public way.
Tax justice campaigners were left disappointed by the UN’s third international conference on financing for development this week as delegates declined to heed their calls to establish a new global tax body, which would take over the roles of the UN and the OECD in setting international tax standards and giving guidance.
