The US government has listened to the concerns of financial institutions and practitioners about the implementation of the Foreign Account Tax Compliance Act (FATCA).
The most senior officials from tax authorities around the world have committed their organisations to a stronger relationship with large businesses in an effort to instil good tax compliance habits.
In advance of negotiations between EU member states about new economic and financial rules for the eurozone, Enda Kenny, Ireland’s Taoiseach or prime minister, has emphasised his government’s commitment to a 12.5% corporation tax rate.