International

Union Cabinet clears revised DTAA with Cyprus: CNBC TV18

Union Cabinet clears revised DTAA with Cyprus, retrospectively rescinds Sec. 94A notification: CNBC TV18

Aug 24,2016

OECD discussion draft on BEPS Action 2 identifies five branch-mismatch arrangements, seeks comments

OECD releases discussion draft on branch mismatch structures under BEPS Action 2 (Neutralising the Effects of Hybrid Mismatch Arrangements); Discussion draft identifies

Aug 23,2016

BEPS a "sticking plaster", USA a sceptical participant: UK Parliamentary Group

The All-Party Parliamentary Group (‘APPG’), a UK group chaired by Margaret Hodge, releases report on examination of  OECD’s BEPS process /

Aug 16,2016

India - Mauritius DTAA protocol notified in Gazette

Govt. notifies Protocol amending DTAA with Mauritius; Key changes as announced in May press release to be in effect from

Aug 13,2016

Egypt latest entrant to EOI club

Egypt becomes the 135th member to join the Global Forum on Transparency and Exchange of Information (’EOI’) for tax purposes; OECD

Aug 10,2016

Government notifies EOI agreement with Saint Kitts and Nevis

Govt. notifies that all provisions of the Exchange of Information Agreement between India and Saint Kitts and Nevis shall be given

Aug 08,2016

OECD releases discussion draft on approaches to address Banking/Insurance sectors’ BEPS-concerns

OECD releases discussion draft on approaches to address BEPS risks posed by the Banking and Insurance sectors under BEPS Action

Jul 29,2016

OECD reviews Italian tax-administration’s functioning

Pursuant to request by the Italian Minister of Economy and Finance, Pier Carlo Padoan, the OECD Centre for Tax Policy

Jul 20,2016

Panama to sign multilateral tax-information sharing convention, agrees information exchange ‘on-request’

Panama agrees to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (‘MAC’); After analysis of international expectations and extensive

Jul 19,2016

New joinees to inclusive framework to be reviewed against ‘minimum standards’, clarifies OECD

OECD’s tax talks held earlier this week provided  an update on development on BEPS Project, including an update on BEPS

Jul 15,2016

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