News

Mauritius seeking to become "The Dubai” of Africa

The island’s Finance Minister wishes to boost growth in Mauritius and qualify it as a high-income state by the year 2020, following pressure to shift from its current “tax haven” economy status.


Cross-border E-shopping may be subject to a wider taxation

In an effort to collect more tax eluding from cross-border transactions carried out online, the OECD is calling on governments to try to collect more tax revenue.


Singapore tax system complies with latest OECD proposals

The OECD (Organisation for Economic Co-operation and Development) announced earlier this month a number of new tax proposals. Those proposals are aimed at preventing aggressive tax planning by multinationals.


Tax planning measures implemented in Brazil

A requirement for taxpayers to submit a declaration form by September 30th each year with details of any transactions that may result in tax savings is stated in a Provisional Measure 685/2015 published in Brazil’s Official Gazette last July.


OECD: Welcomes EU action plan to combat tax evasion

The Organisation for Economic Co-operation and Development (OECD) has shown its support for the adoption of legislation by the EU regarding its action plan to help combat corporate tax avoidance.


OECD: Asian economy continues to grow

The recent annual report by the OECD has been focused on the analysis of integration processes and economic development on the Asian continent.


UK's offshore disclosure amnesties to close earlier than expected

The UK's Crown Dependencies Disclosure Facilities and Liechtenstein Disclosure Facility (LDF) are to be closed a few months earlier than originally planned, which looks to be as early as December 2015.