News

The latest news

The UK’s Corporate Offence of Failure to Prevent Facilitation of Tax Evasion
; posted on
March 1st, 2018
On 30 September 2017, a new corporate offence came into force in the UK aimed at businesses that fail to prevent the facilitation of tax evasion. The new rules do not change the scope of what constitutes tax evasion in the UK, but puts a requirement on businesses to put in place various preventative procedures.
Azerbaijan Plans Stimulating Policy With Tax Transparency Ensured
; posted on
February 15th, 2018
Mikayil Jabbarov, Minister of Taxes in Azerbaijan, announced at the conference on "Taxes - Transparency: Development" that the country intends to pursue a stimulating tax policy, transparency will be ensured in the tax system of Azerbaijan and extensive work is ongoing in this direction.
Economic Image and Tax policy .
UK Updates Business Investment Relief (BIR) Guidance
; posted on
February 15th, 2018
HM Revenue & Customs (HMRC) updated the Business Investment Relief (BIR) legislation which was introduced on April 6, 2012. With the amendments, a new category of qualifying target company is added to the target company list.
Germany Tackles 'Goldfinger' Tax Evasion
; posted on
February 15th, 2018
Recently, the German authority has raided over 200 private and domestic business presences, where potential risks of tax evasion were highly expected to be detected, with many investors and tax professionals arrested. The arrested were found involved in illegal gold trading to circumvent their tax liability.
India - Budget Analysis 2018
; posted on
February 14th, 2018
These are changing times in India with dynamic change happening in every aspect of Indian economic society and fiscal laws are also evolving around such changes in the economy. This budget 2018 has primarily focused its spending on social economic sector of India.
SAT Clarifies Partnership Treatment And PE Criteria For Tax Treaty Purposes
; posted on
February 13th, 2018
The State Administration of Taxation issued a Bulletin (SAT Gong Gao [2018] No.11) to clarify several practical issues in implementing bilateral tax treaty signed by China, including the treatment of partnership, the scope of Artists & Sportsman article.
Australia Consults The Public To Toughen The Multinational Anti Avoidance Law
; posted on
February 13th, 2018
The Australian government opened a public consultation on a legislation draft regarding implementation issues of the Multinational Anti Avoidance Law (MAAL). The new proposal intends to strengthen the MAAL from inappropriate use of foreign trust or partnership to circumvent the application of the MAAL.
CFO’s Roadmap | Step 5: Manage In-House Challenges (HR, IT and Succession Planning)
; posted on
February 12th, 2018
The world of taxation is changing. The release of BEPS, although driven by a tax motive, has wide ranging implications for a CFO, as it not only demands full transparency on tax sensitive data but also requires a full disclosure of the operational and governance model of the company, in order to check for misalignments between all three. Hence, it is becoming more and more important for a CFO to move away from the ‘’staying out of trouble’’ attitude and adopt a proactive role in the journey towards full control.
China SAT Clarifies Beneficial Owner Rules For Tax Treaty Purposes
; posted on
February 8th, 2018
The State Administration of Taxation issued a Bulletin (SAT Gong Gao [2018] No.9) to clarify the recognition of “beneficial owners” for bilateral tax treaty purpose.
France And Germany Drive EUTo Tax Digital Economy
; posted on
February 8th, 2018
The German coalition government composed of Chancellor Angela Merkel’s conservatives (CDU/CSU) and the Social Democrats (SPD) announced to step forward in the cooperation with France. One intention of this is to establish a pan-European corporate tax scheme to tax the tech giants and tackle tax avoidance through the common corporate tax base and a minimum rate.
India Issues FAQ On Long-term Capital Gain Tax Under Finance Bill 2018
; posted on
February 8th, 2018
T he Central Board of Direct Taxes(CBDT) in India released announcement, responding to the frequently asked questions regarding taxation of long-term capital gains proposed in the Budget 2018 (Finance Bill 2018). The budget was presented by the Finance Minister Arun Jaitley on February 1, 2018, which proposed several significant changes in the country’s tax scheme.
BEPS Action Calendar - Are You In Control of Your Compliance Deadlines?
; posted on
February 7th, 2018
Multinational Enterprises (MNE) have always been aware and cautious of risks and penalties associated with non-compliance with their filing requirements. But in the post-BEPS world, the risks of compliance without appropriate ‘risk management’ undoubtedly outweigh those of mere non-compliance.
Foreign Direct Investment in Europe: Facilitating Expansion of Your Business
; posted on
February 7th, 2018
TPA Global and the One Belt One Road Culture and Trade Promotion Association invite you to participate in our International Conference in The Netherlands,
Foreign Direct Investment in Europe: Facilitating Expansion of Your Business .
How to Align the Value Creation Factors on the Rubik’s Cube: Techniques to Excel in Value Chain Analysis
; posted on
February 7th, 2018
China has made significant contributions in driving forward the roll-out of the G20/OECD BEPS actions. In the last two years, with the release of Bulletin 42 on transfer pricing documentation, Bulletin 64 (1) on advance pricing arrangements (2) , and Bulletin 6 on further developing its transfer pricing regime (3) by the State Administration of Taxation (SAT), China has entered into a new era for combating base erosion and profit shifting through transfer pricing.
Tax Highlights Of Indian Budget 2018
; posted on
February 7th, 2018
The India budget 2018 presented by the Finance Minister Arun Jaitley to the parliament has arisen highly attention due to its radical reforming measures, in particular in the field of direct taxation. Alongside a proposed reduction in corporate income tax to 25% for resident companies , there are other tax proposals worthy to be noted.
Bulgarian Presidency Releases Tax Policy Roadmap
; posted on
February 6th, 2018
The European Union Presidency of Bulgaria released its roadmap for the coming months on tax issues. Taking into account the latest development in tax practice and governmental negotiations, the roadmap set future work regarding direct taxation and indirect taxation, with both short-term and medium-term proposals.
Australia Publishes Country-by-Country Reporting Guidance
; posted on
February 6th, 2018
The Australian Taxation Office (ATO) issued a guidance document on the implementation of Country-by-Country (CbC) reporting in Australia.
Country-by-Country (CbC) Report in Australia
US Equipment Manufacturing Giant Could Face $2B Of Tax Bill From IRS
; posted on
February 1st, 2018
Caterpillar, the American Giant specialized in machinery and equipment manufacturing, has been negotiating with the US Inland Revenue Service(IRS) since last March when the officers raided Caterpillar’s offices and warehouses in Illinois. Now it could face a tax bill of 2 billion dollars from the IRS.
India Proposes To Cut Corporate Tax Rate For SME To 25%
; posted on
February 1st, 2018
Arun Jaitley, Finance Minister of India, proposed in the 2018 budget that the corporate tax rate for resident enterprises should to be decreased from to 25%, but only companies with annual turnover no more than Rs250 crore (around 31.3million euros) may apply for this policy.
Financial Secrecy List Issued With Switzerland And US
; posted on
February 1st, 2018
The Tax Justice Network (TJN), a British research group, released the Financial Secrecy Index - 2018 Results. Jurisdictions are ranked based on their secrecy and the scale of their offshore financial activities without interactions by political factors.
CFO’s Roadmap | Step 4: Align Governance and Operational Conduct (RACI)
; posted on
February 1st, 2018
The world of taxation is changing. The release of BEPS, although driven by a tax motive, has wide ranging implications for a CFO, as it not only demands full transparency on tax sensitive data but also requires a full disclosure of the operational and governance model of the company, in order to check for misalignments between all three. Hence, it is becoming more and more important for a CFO to move away from the ‘’staying out of trouble’’ attitude and adopt a proactive role in the journey towards full control.
Tech Giants Are Paying More Taxes
; posted on
January 31st, 2018
Tech companies are not taxed sufficiently under the current tax framework due to their lesser demand on physical hubs. This raised attention from tax authorities globally and many jurisdictions have recently taken measures to collect more tax from the tech giants, such as Web tax in Italy and Cryptocurrency tax in South Korea , while the European Union also launched a proposal introducing “virtual Permanent Establishment” to tackle the digital economy tax issue.
IMF Worries US Tax Cut Reform Disturbs Global Economic Growth
; posted on
January 31st, 2018
Christine Lagarde, the Managing Director of the International Monetary Fund, expressed the worrying concern during the World Economic Forum in Davos that the favourable tax reduction under US tax reform could be a threat to the stability of global growth.
Shorter-term Engine but Increased Serious Risk .
'One Stop' Inbound Investment Service to Europe
; posted on
January 29th, 2018
With the fast growth of China’s economy and the continuous improvement of the comprehensive strength of domestic enterprises, as well as the implementation of the “One Belt, One Road” policy, an increasing amount of Chinese enterprises are beginning to expand their global footprint and establish their presence in Europe.
Headquartered in Amsterdam, the Netherlands, TPA Global is committed to providing one-stop.
OECD: Six More Jurisdictions Sign The MLI To Strengthen Tax Cooperation
; posted on
January 27th, 2018
Six more countries have signed the BEPS Multilateral Convention, namely Barbados, Côte d’Ivoire, Jamaica, Malaysia, Panama and Tunisia. Up to date, the total number of signatories reaches 78.
UK Launched A New Regulator On Anti-Money Laundering
; posted on
January 25th, 2018
The British government established the Office for Professional Body Anti-Money Laundering Supervision (OPBAS). The new organisation is housed within the Financial Conduct Authority, and it constitutes part of a wider package of reforms to strengthen the anti-money laundering (AML) supervisory regime in the country.
EU Council Approved To Remove Eight Jurisdictions From EU Blacklist
; posted on
January 25th, 2018
The European Council agreed to remove eight jurisdictions from its Non-Cooperative Jurisdiction List, based on an expert assessment by the Code of Conduct Group that commitments made by these jurisdictions to address deficiencies identified by the EU may justify the delisting decision. The alleged EU Blacklist was issued by the EU Council on December 5, 2017, and the countries contained may commit to meet the EU criteria to be delisted.
CFO’s Roadmap | Step 3: Risk Planning & Provisioning, ETR Impact (APAs, Tax Rulings)
; posted on
January 25th, 2018
The world of taxation is changing. The release of BEPS, although driven by a tax motive, has wide ranging implications for a CFO, as it not only demands full transparency on tax sensitive data but also requires a full disclosure of the operational and governance model of the company, in order to check for misalignments between all three. Hence, it is becoming more and more important for a CFO to move away from the ‘’staying out of trouble’’ attitude and adopt a proactive role in the journey towards full control.
Korean Heavy Cryptocurrency Tax Terrifies The Digital Currency Market
; posted on
January 23rd, 2018
The Ministry of Strategy and Finance in South Korea announced to impose tax on cryptocurrency exchange, including a 22 percent income tax in addition to a 2.4 percent local income tax. Consequently, this will give rise to a tremendous amount of tax liability to the digital currency exchanges.
IRS Released Five Directives On Transfer Pricing
; posted on
January 23rd, 2018
The IRS Large Business and International (“LB&I”) Division released five Directives on new transfer pricing examination procedures and policies. All these Directives enter into force on their publication date.
We Provide Solutions - Let's Talk Business!

“One-Stop” Outbound Investment Service to Europe

With the fast growth of China’s economy and the continuous improvement of the comprehensive strength of domestic enterprises, as well as the implementation of the “One Belt, One Road” policy, an increasing amount of Chinese enterprises are beginning to expand their global footprint and establish their presence in Europe.

Introduction

下载手册

Download Leaflet

CFO's Journey from 'Staying Out Of Trouble' to being 'Fully In Control'

TPA Global has developed a practical roadmap of 6 steps meant to guide CFOs in their Journey of rising above troubles to reach a situation of full control. These steps are presented in a series of short video clips (3-5 minutes):

Roadmap for CFO's


Join our Webinars

The UK’s Corporate Offence of Failure to Prevent Facilitation of Tax Evasion
Thursday, March 1, 2018 | 04:00 PM - 05:00 PM (CET)

Join our newsletters to stay informed about our webinars and news

Copyright © 2018
Transfer Pricing Associates BV.
All rights reserved.
 

H.J.E. Wenckebachweg 210
1096 AS Amsterdam
T: +31 20 462 3530
E: info@tpa-global.com
I: www.tpa-global.com