News Stories Tagged 'BEPS'
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Belize Removed From EU's Tax Blacklist
by Ulrika Lomas, Lowtax.net, Brussels
15 November, 2019
The EU has removed Belize from its list of non-cooperative tax jurisdictions and Macedonia from its "grey list."
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Mauritius Ratifies BEPS MLI
by Lorys Charalambous, Lowtax.net, Cyprus
28 October, 2019
Mauritius has recently ratified the base erosion and profit shifting (BEPS) multilateral instrument, agreeing to make changes to its tax treaty network to prevent abuse.
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Hong Kong Creates Website To Explain TP Documentation
by Mary Swire, Lowtax.net, Hong Kong
30 August, 2019
Hong Kong's Inland Revenue Department has created a webpage to explain the requirements for master and local file reporting under the country-by-country reporting regime.
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Cayman Explains How To Comply With New Economic Substance Rules
by Mike Godfrey, Lowtax.net, Washington
22 August, 2019
The Cayman Government has set out how companies should comply with new economic substance requirements, which must be met for certain companies to access the territory's tax regime.
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Progress Being Made On Closing 'Harmful' Tax Regimes: OECD
by Ulrika Lomas, Lowtax.net, Brussels
25 July, 2019
The OECD has issued another update on jurisdictions' progress to amend their preferential tax regimes to remove harmful elements under the OECD base erosion and profit shifting Action Plan minimum standard on harmful tax regimes (Action 5).
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Jersey, Guernsey, Isle of Man To Make Company Info Public
by Jason Gorringe, Lowtax.net, London
21 June, 2019
The governments of Jersey, Guernsey, and the Isle of Man have jointly announced a series of steps to improve the accessibility and transparency of their respective registers of beneficial ownership information.
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New CbC Reporting Obligations In Seychelles From 2020
by Lorys Charalambous, Lowtax.net, Cyprus
05 June, 2019
Seychelles has gazetted legislation for the introduction of new country-by-country reporting obligations that multinational entities will be required to comply with starting in 2020.
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EU Removes Three Territories From Tax Blacklist
by Ulrika Lomas, Lowtax.net, Brussels
31 May, 2019
The European Council has confirmed that Aruba, Barbados, and Bermuda are to be removed from the EU's list of non-cooperative tax jurisdictions.
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BVI Sets Deadlines For CbC, FATCA, CRS Filing Obligations
by Mike Godfrey, Lowtax.net, Washington
31 May, 2019
The British Virgin Islands has set out the deadlines for certain submissions required from financial institutions under the OECD's Common Reporting Standard, the US Foreign Account Tax Compliance, and the territory's country-by-country reporting framework.
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Netherlands And Curacao Agree To Tackle Tax Evasion
by Ulrika Lomas, Lowtax.net, Brussels
31 May, 2019
The Netherlands and Curacao agreed in a statement signed on May 22, 2019, to include new anti-abuse measures in the tax treaty between the two jurisdictions.
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