Uber will not be issued a new private hire licence, Transport for London (TfL) has said. TfL concluded the ride-hailing app firm was not fit and proper to hold a London private hire operator licence. It said it took the decision on the grounds of “public safety and security implications”. Confirming it would appeal against […]
Protocol Amending the Mexico-Belgium Tax Treaty Published
On August 17, 2017, the Protocol amending the Convention for the Avoidance of Double Taxation and the Prevention of Fraud and Fiscal Evasion (“Tax Treaty”) between Belgium and Mexico was published in Mexico’s Official Journal of the Federation (Belgium publication pending). The Tax Treaty became effective in Belgium on August 19, 2017, and in Mexico […]
Facebook to share Russia-linked political adverts with investigators
Facebook founder Mark Zuckerberg says his company will share 3,000 Russia-linked political adverts with US investigators. He also pledged to make political advertising more transparent on his network in future. “We will work with others to create a new standard for transparency for online political ads,” he said in a live address on his Facebook […]
Brexit: Theresa May ‘to offer 20bn euros transitional deal’
Theresa May is set to propose a transitional deal with the EU of up to two years.The PM is also expected to make an “open and generous” offer, potentially worth 20bn euros over the two years. It would mean the EU does not have to unpick its current budget – so no other EU member […]
Estonian Presidency to Present the Boldest Plan to Date against Tax Avoidance
The EU 28 financial ministers are set to discuss taxation of multinational digital platforms in Tallin on September 15-16, Reuters reports. Companies such as Amazon and Google have designed tax plans that reduce their tax liability in countries they operate. The proposal put forward by the Estonian Presidency proposes to shift the tax burden from […]
Denmark plans to cut world’s highest taxes to ease worker shortage
Denmark thinks it has found a way to prevent a worker shortage from damaging its economy. The proposed solution for worker shortage? Tax cuts. The world’s most taxed country is planning on sweeping cuts to levies on cars and pensions that are designed to encourage people to work more. Denmark has the highest tax to […]
Australia Making Inroads on Tackling MNE Corporate Tax Avoidance
Kelly O’Dwyer, Australia’s Minister for Revenue and Financial Services, has stressed that the Government has taken and will continue to take steps to tackle corporate tax avoidance by large businesses. Speaking to Sunrise’s David Koch on August 23, 2017, the Minister said: “We absolutely believe very strongly that you cannot choose how much tax you […]
Anti-Tax Avoidance Measures Under Fire from Employers, Tax Advisors; Corporate Tax Systems
Changes to the corporate tax system may make the Netherlands a less attractive location for international business. The employers and Dutch Order of Tax Advisors say the government is choosing the wrong parts of a European directive to tackle tax avoidance to incorporate into domestic law. They made their comments in response to the online […]
Mauritius Denies Plans to Renegotiate DTA with India
Mauritius’s Ministry of Finance has denied that there are plans for a renegotiation of the jurisdiction’s double tax agreement with India in the near future. The Ministry stated: Further to press articles alleging that Mauritius and India are to begin a fresh round of negotiations to amend the Double Taxation Avoidance Convention, the Ministry of […]