The APA scheme endeavors to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and setting the prices of international transactions in advance. New Delhi: The Central Board of Direct Taxes (CBDT) has entered into 4 more Advance Pricing Agreements (APAs), pertaining to sectors like telecom, banking, […]
Canadian Businesses Urge Gov’t to Scrap Tax Plans
Thirty-five Canadian business organizations have written to Finance Minister Bill Morneau to ask that he scrap proposals to crack down on the use of tax planning strategies by private corporations. The business groups have together formed the Coalition for Small Business Tax Fairness to opposing the Government’s proposals. Signatories of the letter include the […]
Canadian Businesses Urge Gov’t to Scrap Tax Plans
Thirty-five Canadian business organizations have written to Finance Minister Bill Morneau to ask that he scrap proposals to crack down on the use of tax planning strategies by private corporations. The business groups have together formed the Coalition for Small Business Tax Fairness to opposing the Government’s proposals. Signatories of the letter include the […]
Argentina Turns To VAT To Fund Income Tax Cuts
Argentina reportedly is considering shifting the tax burden on VAT, to bring the country’s corporate tax rate down to a competitive level.Specific measures are expected to be tabled before lawmakers soon. It is anticipated that there could be a 10% cut to the corporate income tax rate, to bring it down to 25%, which would […]