Luxembourg's compliance with the Foreign Account Tax Compliance Act (FATCA) moved a step closer on March 6 after the government adopted draft legislation to ratify its bilateral intergovernmental agreement with the US.
A group made up of a university, a professional services firm, a development bank and research and educational organisations is coming together to offer training for Eurasian and African tax officials.
Nine countries are now part of the initiative to jointly publish annual tax revenue statistics for Africa, a project aimed at improving the transparency, reliability and comparability of revenue statistics between African countries, but also with other regions of the world.
