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Since the beginning of 2016, the Brazilian Federal Government has rushed to raise its tax collection by increasing the excise tax (IPI) burden on chocolate, ice cream, tobacco and cigarettes.

Hong Kong’s 2016-2017 Budget was announced on February 24. Financial secretary John Tsang proposed tax deductions intended to increase foreign corporate interest and stimulate local investment.

Dhruva Tax Advisors and International Tax Review will present an analysis of the Indian Budget shortly after it is announced on Monday.

The title is lengthy and unwieldy, but, as this translation, provided by the State Administration of Taxation shows, China’s ambitious tax reform, set out in 31 tasks, includes a focus on international tax cooperation and an explanation of what state and local tax authorities are responsible for and how they should work together. The goal is to establish a modern tax collection and administrative system by 2020.

Adam Eagers and Mark Bennett look at the impact BEPS has had on the M&A market and discuss the commercial and operational aspects of any changes for investors.

Global tax rules are changing, and changing rapidly. The final reports on the Base Erosion and Profit Shifting (BEPS) Action Plan have been released by the Organisation for Economic Cooperation and Development (OECD) and endorsed by the G20. These reports on the 15 BEPS Action Points recommend significant changes in international tax laws and treaties. Due to the unique global alignment on the matter, BEPS is the most comprehensive change in international taxation in history. Attention has turned to the actions that are being taken by countries in response to these recommendations.

Sarah Churton, Ellis Lambert and Ian Dennis explain how the BEPS Action Plan is changing the tax landscape for intangible assets, and what this means for taxpayers.

Steven Schneider has joined Baker & McKenzie’s North American tax practice as a partner in Washington.

The Convention is a joint initiative by the Council of Europe and the OECD Since June 1 2011, the amended Multilateral Convention on Mutual Administration Assistance in Tax Matters has been open for signatories from all over the world to adopt the most comprehensive multilateral instrument for all forms of tax cooperation to tackle tax evasion and avoidance.

The US “fully expects” to have finalised its country-by-country reporting (CbCR) rules by June 30, according to Robert Stack, Treasury deputy assistant secretary for international tax affairs.