ATL-Editor

The average tax-to-GDP ratio for the 26 countries participating in the new edition of Revenue Statistics in Africa was unchanged at 17.2{780f53c297e2c008074d23b865a0ce0b35a4f08852d8e1e49466a5a902c4e44e} for the third consecutive year in 2017. This was lower than the averages for Latin America and the Caribbean (LAC) at 22.8{780f53c297e2c008074d23b865a0ce0b35a4f08852d8e1e49466a5a902c4e44e} and for the OECD at 34.2{780f53c297e2c008074d23b865a0ce0b35a4f08852d8e1e49466a5a902c4e44e}, underlining the need for urgent action to enhance […]

A new paper published by Ireland’s Department of Finance reveals that corporation tax revenues have experienced a significant increase in recent years, reaching EUR10.4bn in 2018. According to the paper – published on November 15 – receipts have grown by close to 20 percent on average per annum since 2014. As a result, the share

Dear Dr Daniel N. Erasmus: Your paper, “TAX PLANNING AS PART OF A TAX RISK MANAGEMENT PROCESS”, was recently listed on SSRN’s Top Ten download list for: ERN: Criteria for Decision-Making under Risk & Uncertainty (Topic). As of 20 November 2019, your paper has been downloaded 1,281 times. You may view the abstract and download

The US Tax Court issued a written opinion on October 28 regarding Eaton’s transfer pricing court case. The resolution of the case was in favor of Eaton, and it determined the IRS abused its discretion when canceling advance pricing agreements the company had in place. Eaton’s transfer pricing dispute Eaton and its subsidiaries entered into

On 6 November, Poland’s President signed a law implementing a new cooperative compliance program in Poland for large corporate taxpayers (also referred to as horizontal auditing). This is a new tax institution in Poland that introduces collaboration between taxpayers and the tax authorities. The program is available to taxpayers with tax turnover of over 50

The 19th Session of the United Nations Committee of Experts on International Cooperation in Tax Matters was held October 15-18 in Geneva. This session, like the prior one, mainly focused on the role that taxation is playing in raising domestic resources to finance sustainable development goals, as recently set forth in the Addis Ababa Action

The OECD on November 15 published more than 300 comment letters that respond to its request for feedback on the Secretariat’s proposal for a “unified approach” to pillar one. The OECD Secretariat’s proposal, released October 9, aims to expedite agreement among a coalition of 130+ nations that make up the “Inclusive Framework on BEPS” on an update

China’s State Taxation Administration on 14 October published “Administrative Measures for Non-resident Taxpayers Claiming Tax Treaty Benefits” [Announcement (2019) No. 35]. Announcement (2019) No. 35 will become effective from 1 January 2020, and will replace existing Announcement (2015) No. 60. The new regulation simplifies filing procedures for claiming tax treaty benefits by non-resident taxpayers. It

The OECD today requested input from taxpayers to assist in an assessment of the timeliness and efficiency of the cross-border tax dispute resolution process in Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Saint Kitts and Nevis, Thailand, Trinidad and Tobago, United Arab Emirates, and Vietnam. Taxpayers are invited to submit comments on their experiences

On October 29, the Colombian government published Decree 1973, providing detailed rules on the attribution of income to a permanent establishment or branch of a multinational corporation. According to the new guidance, foreign companies and entities must pay income tax on their income and occasional earnings in Colombia, regardless of whether they receive such income