Business will be part of a new structure the European Commission has set up to facilitate dialogue and the exchange of expertise between those interested in combating tax evasion.
President Obama's 2014 budget request last week reintroduced proposals from previous budgets relating to the electronic filing of tax returns and penalties for not doing so.
Foreign financial institutions (FFIs) now have a good indication of the information they will need to register for compliant status, under America’s Foreign Account Tax Compliance Act (FATCA), and the detail the Internal Revenue Service’s monthly list of compliant FFIs could include.
The Australian government’s proposals on tax transparency are aimed at ensuring companies pay their fair share of tax and do not engage in tax minimisation. In this Q&A, Michelle de Niese, assistant director of the Corporate Tax Association (CTA), which represents Australian companies, explains why the CTA does not believe the proposals measure up to their objectives.
In-house tax departments, both big and small, have extra chances at recognition at International Tax Review’s European Tax Awards 2013 presentation at the Dorchester hotel in London on May 15.
