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

OECD releases standardised IT-format for providing feedback on exchanged CRS information

OECD releases Standardised IT-format for providing structured feedback on exchanged Common reporting standard ('CRS') information, the CRS Status Message XML Schema – as

Jul 13,2016

OECD releases discussion draft on Group Ratio Rule under Action 4 limiting interest-deductions

OECD releases discussion draft dealing with the design and operation of the group ratio rule under BEPS Action 4 (on

Jul 12,2016

Global Forum Competent Authorities’ meet to deliberate on challenges to fight tax-evasion

The 5th Global Forum Competent Authorities’ meet on July 7-8, 2016 in Mauritius to be attended by more than 110 Competent Authorities

Jul 08,2016

Comments aplenty on Multilateral Instrument Standard; CII suggests LOB threshold, e-commerce clarity

OECD releases stakeholders’ comments on discussion draft relating to BEPS Action 15 on development of a Multilateral Instrument (‘MLI’) which

Jul 05,2016

OECD releases discussion drafts on PE-profit attribution & revised guidance on profit-splits

OECD releases discussion draft on attribution of profits to Permanent Establishments (PE), which deals with work in relation to BEPS Action 7

Jul 05,2016

CBDT echoes Cyprus statement on retrospectively rescinding Sec. 94A notification subject to Cabinet approval

CBDT release affirms statement released by the Cyprus Ministry of Finance, states that a meeting was held earlier this week

Jul 01,2016

BEPS first inclusive framework Kyoto meet marks new era in international tax–cooperation

BEPS first inclusive framework meet  at Kyoto, Japan  on June 30 – July 1, 2016, marks a new era in international tax cooperation with

Jul 01,2016

Cyprus claims DTAA negotiations successfully concluded, Sec. 94A blacklisting to be retrospectively revoked

Cyprus Govt. puts out statement claiming successful completion of DTAA negotiations with India; Cyprus says with agreement reached on all 'pending

Jun 30,2016

Multilateral-Instrument to have arbitration provision, toolkits for developing countries work-in-progress, updates OECD

OECD’s recent Tax Talks  saw active deliberations on implementation of BEPS Project, progress on multilateral instrument, inclusive framework and tax transparency; Pascal Saint-Amans (Director of

Jun 27,2016