Canada's biggest fund managers and insurance companies want the country to be included in the inter-governmental agreements that the US is looking to put in place to implement the Foreign Account Tax Compliance Act (FATCA).
Past and present tax officials from Asia and the US, speaking on the first day of International Tax Review's Asia Tax Forum in Singapore, painted a picture of compliance in their jurisdictions where in some areas efforts are being radically restructured, such as the reorganisation of the US mutual agreement procedure and advance pricing agreement (APA) programmes, and in others change is more gradual.
Companies such as Sony, AstraZeneca, Rank and E.ON Energy Trading have been nominated for the in-house awards at International Tax Review's European Tax Awards.
