The organisation that is responsible for oversight of how the US government spends tax revenues has put forward seven measures to improve tax compliance and reduce the tax gap.
Ireland’s tax authorities have confirmed to International Tax Review that they are in talks with the Internal Revenue Service about the implementation of the Foreign Account Tax Compliance Act.
Tax directors from UBS, International Power and Shell will be part of a panel that discusses the cross-border challenges posed by information exchange at a conference in London next week.
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.
The previous head of tax at the OECD has said that the global economic problems of the last few years highlight the need for new regulatory and tax environments.
The head of the Internal Revenue Service (IRS) has said his organisation is in the process of reshaping its large business compliance strategy so that it looks at the objectives of the taxpayer and what they want to achieve through their tax planning, rather than ensuring adherence to different sections of the Internal Revenue Code.
