Chinese tax authorities have pledged to step up efforts to crack down on tax avoidance by foreign companies, after the nation levied almost $140 million in back taxes from Microsoft.
China Vows to Toughen Stance on Tax Avoidance by Foreign Companies
Posted by celliott on Jan 7, 2015 11:24:51 AM
Topics: BEPS, China, International Tax, Tax, Tax Evasion, Uncategorized
OECD Releases New Information Exchange Standard Intended to Thwart Tax Evasion
Posted by celliott on Sep 22, 2014 10:51:20 AM
The Organisation for Economic Cooperation and Development (OECD) released the full version of a new consolidated global Standard for Automatic Exchange of Financial Account Information in Tax Matters. It’s aimed at stopping tax evasion by helping governments around the world share information.
Topics: OECD, International Tax, OECD Model Tax Convention, Tax, Tax Evasion, Uncategorized