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5 Feb 16
The International Monetary Fund has urged the government of Sri Lanka to fix its public finances after the country missed its budget target and public debt rose to over 74% of gross domestic product...
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3 Feb 16
India has gone ahead with structural reforms to its tax policy institutions with the formation of two new bodies it hopes will achieve a more coherent and independent approach to analysing new...
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2 Feb 16
A colonial-era tax treaty between Malawi and the UK is costing the African country significant amounts of lost tax revenue and must be reformed, the charity ActionAid said today.
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29 Jan 16
The World Bank is to help Latvia improve the efficiency, equity and competitiveness of its tax system, it was announced yesterday.
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28 Jan 16
More than thirty countries have today signed an agreement that enables the automatic sharing of country-by-country financial reports from multinational companies.
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28 Jan 16
The European Commission has set out new measures to crack down on corporate tax avoidance that seek to push member states to improve coordination of approaches.
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19 Jan 16
European Union member states that infringe tax-related state aid rules should not be able to keep money they recover in unpaid tax, the European Parliament has called.
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13 Jan 16
The European Commission’s top tax official has said countries have “looked the other way” in the face of serious tax avoidance and pledged to take action this year to improve transparency.
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11 Jan 16
The European Commission has deemed a Belgian government tax scheme illegal and ordered around €700m to be recovered from the 35 multinational companies who benefited from it.
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18 Dec 15
The International Monetary Fund has warned that if the Ukrainian parliament rejects the government’s 2016 budget its $17.5bn bailout programme could be disrupted.
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17 Dec 15
China has become the 77th party to an OECD agreement enabling the automatic annual exchange of tax-related information.
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11 Dec 15
European countries may not have taken advantage of opportunities to improve their tax and benefit systems that arose from the financial crisis, a UK think-tank has said.
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10 Dec 15
The European Union and San Marino have signed a “landmark” tax transparency agreement, which the European Commission said marks the end of bank secrecy between the two.
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7 Dec 15
Companies caught cheating on their tax bill in Australia will have to repay double what they owe plus interest under news laws to prevent tax avoidance by multinational companies.
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4 Dec 15
Switzerland’s EFG Bank is to pay a penalty of $29m to the US Department of Justice to avoid prosecution for helping its American account holders evade taxes.
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3 Dec 15
Corporate tax revenues have been falling across OECD countries and individuals are being left to foot the bill, the economic think-tank has found.
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3 Dec 15
The European Commission is to investigate a suspected ‘sweetheart’ tax deal between Luxembourg and the fast-food multinational.
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27 Nov 15
The European Parliament has overwhelmingly approved a suite of corporate tax reforms that will ensure multinational companies pay taxes where profits are made and increase transparency.
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26 Nov 15
Israel has joined 90 other countries in signing up to the OECD’s instrument to combat offshore tax avoidance and increase transparency in tax matters.
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25 Nov 15
Eight out of ten Europeans think there should be a legal clampdown on tax havens, a pan-European poll commissioned by 24 NGOs has found.
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24 Nov 15
British parliamentarians are seeking views on international tax reforms following their endorsement by the G20 last week.
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20 Nov 15
The governments of Malta and the Caribbean island of Caraçao have signed a treaty, which both sides say will prevent tax evasion and the double taxation of companies operating in both jurisdictions.
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20 Nov 15
The rich have long made the most of cross-border tax avoidance. Developing countries are hit hardest by this practice, but may benefit the least from efforts to tackle it
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16 Nov 15
The OECD’s base erosion and profit shifting (BEPS) reforms do not go far enough in changing the international corporate tax system, G20 leaders have been told.
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3 Nov 15
Tax systems within the European Union remain largely secretive and opaque despite leaders’ claims that measures are underway to fix loopholes, the European Network on Debt and Development (...