A few days before closing the public consultation on the OECD Secretariat’s pillar 1 unified approach, the OECD released a second public consultation document, this time referred to as pillar 2 or the so-called global anti-base erosion (GloBE) proposal. However, and unlike pillar 1, the GloBE document appears to be more a specific questionnaire regarding […]
By: Mukesh Butani | Published: November 18, 2019 4:34:32 AM While the trade policy mandarins of the GoI will look for solutions, the message is clear—time is up for dole-outs for promoting exports, and competitiveness of exports must be driven by quality. On October 31, a panel constituted under the World Trade Organisation’s (WTO’s) dispute settlement mechanism issued
WTO: Pushing exports: India must rethink trade policy Read More »
The ability of some countries to unilaterally change, or “override,” their tax treaties through domestic legislation has frequently been identified as a serious threat to the bilateral tax treaty network. In most countries, treaties (including tax treaties) have a status superior to that of ordinary domestic laws (see, e.g., France, Germany, the Netherlands). However, in
Tax Treaty Overrides: A Qualified Defense of U.S. Practice – Reuven S. Avi-Yonah Read More »
The decisions of recent Australian case law relating to the general anti-avoidance regime was cause for concern among the Australian tax community, as the Assistant Treasurer proclaimed that the Australian Government will protect the integrity of the Australian tax system by making amendments to the general anti-avoidance regime as a direct response to the loss
Download GAAR AS TAX TREATY OVERRIDE – SLOVAK PERSPECTIVE
GAAR AS TAX TREATY OVERRIDE – SLOVAK PERSPECTIVE Read More »
ENSafrica A company is defined in the Income Tax Act, 58 of 1962 (the Income Tax Act) as including any association, corporation, body corporate or company incorporated in South Africa, and constitutes a person for tax purposes and is subject to, inter alia, income tax and CGT. For income tax purposes, a trust constitutes a person
Corporate tax planning developments in South Africa Read More »
OECD consults on “Pillar Two” global minimum tax proposal November 8, 2019 The OECD Secretariat today released a consultation document to assist in the design of a . . The OECD’s ‘Unified Approach” to digital taxation November 8, 2019 George L. Salis, Principal Economist & Tax Policy Advisor at Vertex, Inc., King of Prussia, Pennsylvania,
OECD and EU updates on TP related issues Read More »
The 2019 edition of the tax policy publication Revenue Statistics in Africa https://www.oecd.org/tax/tax-policy/revenue-statistics-in-africa-2617653x.htm will be launched on Tuesday, 19 November, during the African Union’s 13th Session of the Committee of Director Generals of National Statistics Offices. The report provides an overview of the main taxation trends from 1990 to 2017 in 26 African economies. This
Revenue Statistics in Africa 2019 Read More »
