India continues convergence towards IFRS The new year has just started but India has already updated the roadmap for the introduction of new accounting standards, as well as draft rules on how income should be calculated and represented under the regime.
Switzerland and Italy have reached an agreement in principle on tax and finance issues, which will include a protocol to the double tax agreement between the two jurisdictions and a roadmap to resolve other matters.
The new year has just started but India has already updated the road map for the introduction of new accounting standards, as well as draft rules on how income should be calculated and represented under the regime.
South Africa’s Davis Tax Committee (DTC), which was set up to examine how the country’s tax system supports economic development, including job creation, has recommended that the South African Revenue Services (SARS) should adopt the enhanced relationship framework between officials and large taxpayers.
