Search Results for: OECD
EY reports record global revenues in 2016
October 7th, 2016
EY records sixth consecutive year of record growth Solid growth across all businesses and geographical areas, including developed and emerging markets Large scale transformations and capital transactions fuel growth in Advisory and Transactions businesses Significant investment in digital transformation, ...
EU To Create List Of Non-Cooperative Tax Jurisdictions
September 26th, 2016
The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. In announcing the plans on September 15, the Commission released “a pre-assessment of all third countries according to key indicators.” The intention is ...
Many Reporting Entities Unprepared For FATCA
August 24th, 2016
New research shows that financial institutions are generally confident about meeting existing and incoming automatic exchange of information obligations. However, the study also found that a significant proportion of the industry is facing higher costs and risking fines by ...
New global tax rules are ‘just a sticking plaster’
August 5th, 2016
New international rules to tackle global tax avoidance will not work properly until tax secrecy is swept away, a report released by the All Party Parliamentary Group (APPG) on responsible tax has found. The failure to introduce full transparency ...
EU considers blacklisting NZ over tax laws
August 1st, 2016
Possible EU sanctions against New Zealand could make travel harder and have a massive effect on the economy. New Zealand is under investigation by the EU as it prepares a blacklist of global tax havens, Newshub revealed on Monday ...
French Workers Pay Highest Taxes In Europe
July 29th, 2016
France has surpassed Belgium as the European country with the highest taxes on the average employee, according to a new study. Taking into account income tax, social security contributions, and value-added tax, the report by the Molinari Economic Institute ...
EU Council adopts new rules on Corporate Tax avoidance
July 15th, 2016
On 12 July 2016, the Council adopted new rules addressing some of the practices most commonly used by large companies to reduce their tax liability. The directive is part of a January 2016 package of Commission proposals to strengthen rules ...
The Swiss Council adopts dispatch on automatic exchange of tax information with eight states and territories
July 8th, 2016
The Federal Council adopted the dispatch on the introduction of the automatic exchange of financial account information with Iceland, Norway, Guernsey, Jersey, the Isle of Man, Japan, Canada and the Republic of Korea, and submitted it to Parliament for ...
Brexit – What Does It Mean For Taxpayers?
June 29th, 2016
June 23rd, 2016, whether for good or for ill, will go down in history as the day on which the European Union became less united, setting in train an as-yet-uncertain, although widely speculated upon, sequence of events. The referendum ...
The pensions mess: can gold help?
June 14th, 2016
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a deficit at British Home Stores of £571m. In both cases, ...
