- Details
Based on the overview of Jurisdictions Participating in the Convention on Mutual Administrative Assistance in Tax Matters as available on the website of the OECD, on July 7, 2016 Chile deposited its instrument of ratification, acceptance or approval for the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Chile signed the Convention on October 24, 2013.
- Details
On July 5, 2016 the Irish Revenue published Revenue eBrief No. 65/16 - Revenue Arrangements for Implementing EU and OECD Exchange of Information Requirements In Respect of Tax Rulings. A new Revenue Operational Manual is attached to the Revenue eBrief.
- Details
On July 5, 2016 the European Commission set out the next steps in its campaign to boost tax transparency in order to fight tax evasion and avoidance in the European Union.
In this respect the European Commission published a Communication from the Commission to the European Parliament and the Council - Communication on further measures to enhance transparency and the fight against tax evasion and avoidance (COM(2016) 451 final), a proposal for a Council Directive amending Directive 2011/16/EU as regards access to anti-money-laundering information by tax authorities (COM(2016) 452 final) and a set of Questions and Answers on measures to increase tax transparency and tackle tax abuse.
- Details
On July 6, 2017 the European Parliament issued a press release announcing that the Members of the European Parliament approved the recommendations made in the Report on tax rulings and other measures similar in nature or effect as prepared by the co-rapporteurs Jeppe Kofod and Michael Theurer on behalf of the European Parliament’s Special Committee on Tax Rulings and Other Measures Similar in Nature or Effect (TAXE 2).
According to the press release the recommendations were approved with by 514 votes to 68, with 125 abstentions.
Read more: European Parliament approves recommendations made by TAXE 2
- Details
On July 6, 2016 the Swiss Federal Department of Finance issued a press release announcing that on that same date the Swiss Federal Council adopted a dispatch on the introduction of the automatic exchange of financial account information with 8 jurisdictions. The dispatch is submitted to the Swiss Parliament for approval. According to the press release the proposal met with widespread approval in the consultation.
Page 4 of 5
