Posts Tagged tax authorities

G8 Summit 2013

Posted by Bogdan Marius Beleuz in Financial & Investment Markets, Financial Transactions, Fiscality, Auditing & Accounting, Geopolitical Issues, Global Tax Agreements, Globalization Challenges on June 11, 2013

The G8 Summit 2013 will take place from 17 to 18 June 2013 in Lough Erne, Northern Ireland (UK).

The main topics on the agenda are:

Advancing global trade as an engine for global growth and job creation and facilitating trade in Africa

Ensuring tax compliance, by pushing, amongst others, for a global standard for the automatic exchange of information in the field of taxation and improving the reporting of multinationals to tax authorities

Promoting greater transparency regarding the revenues from extractive industries and forestry, land governance and government data

Kindly check more on the UK’s Government webpage, which assumed the Presidency of the G8 for 2013.

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OECD Model Tax Convention Updated

Posted by Bogdan Marius Beleuz in Banking System, Financial Transactions, Fiscality, Auditing & Accounting, Global Financial System, Global Tax Agreements on July 19, 2012

17 July 2012

The OECD updated Article 26 of the OECD Model Tax Convention regarding information exchange. The amendment permit the tax authorities to ask for information which is “foreseeably relevant” for regardless of bank secrecy and a domestic tax interest.

More here.

Article 26 of the OECD Model Tax Convention, bank secrecy, OECD, OECD Model Tax Convention, tax authorities

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