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Tax-News.com: Swiss CbC Reporting Regime Wins OECD Approval

Switzerland's country-by-country reporting regime meets international standards and the country effectively exchanges the reports it receives with other countries, an OECD peer review has concluded.




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Tax-News.com: UAE Introduces CbC Reporting, Economic Substance Rules

The UAE has recently passed legislation to introduce new country-by-country reporting requirements and new economic substance requirements.




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Tax-News.com: US Agrees To Exchange CbC Reports With Spain

In a recent update, the Internal Revenue Service has announced that it has agreed a bilateral competent authority agreement with authorities in Spain to exchange country-by-country reports.




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Tax-News.com: Australia Announces CbC Reporting Changes

The Australian Taxation Office has announced changes to its CbC reporting system following feedback from multinational groups.




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Tax-News.com: EU States Shut Down Plans For Public CbC Reporting

EU member states have been unable to reach an agreement on proposals to release to the public information on multinational enterprises' tax affairs.




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Tax-News.com: South Africa, Belgium, Jersey Extend CbC Reporting Deadlines

South Africa, Jersey, and Belgium are among a handful of territories that have recently announced an extension to the due date for country-by-country reports under the new frameworks being introduced under Action 13 of the OECD's base erosion and profit shifting Action Plan.




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Tax-News.com: OECD Publishes Comments On CbC Reporting Review

The OECD's public consultation on a review into the new transfer pricing documentation rules proposed as part of BEPS Action 13 has closed. It has published the 79 responses received.




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Radisson Hotel Group To Take Center Stage In Nanjing's New CBD With Striking Radisson Blu Hotel

Radisson Hotel Group continues to expand in China's most dynamic destinations with the signing of its inaugural property in Nanjing, the country's ancient capital city, the current capital of Jiangsu province and a thriving modern metropolis. Radisson Blu Hotel Nanjing South New Town is a striking new upper-upscale hotel being developed in Nanjing South New Town, a rapidly emerging commercial area that will become the city's new CBD. The property will take center stage in the heart of this master-planned district, as part of a large complex also featuring a high-end shopping mall and an office tower. Scheduled to open its doors in 2024, Radisson Blu Hotel Nanjing South New Town will feature 300 contemporary rooms and suites, an indoor swimming pool, a fitness center, a lobby lounge and three restaurants. It will also provide extensive event space, with two exhibition areas covering more than 3,200 square meters, a large ballroom and seven other meeting and function spaces. This will m...




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Startups Can Raise $3 Mn Via ECBs Annually: RBI

The Reserve Bank today permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial year, a move aimed at boosting innovation and promoting job creation.




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Hiring Counsellor-Reputed CBSE School-Noida-30k

Company: HR Capsule LLP
Experience: 2 to 4
location: Noida
Ref: 24825758
Summary: 1) Advises and counsels students regarding academic, educational, and short-term social and emotional problems. 2) Remains universally accessible and makes an effort to know every student for whom they are responsible.




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CBSL Hiing for DAYSHIFT voice process

Company: Conneqt Business Solutions Limited
Experience: 1 to 4
location: India
Ref: 24466287
Summary: Job Description : Dear Candidate Thank you for your application. Please note that due to the COVID-19 breakout, we are not conducting any face-to-face interviews, and are rather going for TELEPHONIC interviews. Please reach out ....




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OECD releases CbC reporting implementation status and exchange relationships between tax administrations

Today, another important step was taken to implement Country-by-Country Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports.




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BEPS Action 13: OECD releases CbC reporting implementation status and exchange relationships between tax administrations

Today, a further step was taken to implement Country-by-Country Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA").




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BEPS Action 13: Jurisdictions implement final regulations for first filings of CbC Reports, with over 1400 bilateral relationships now in place for the automatic exchange of CbC information

Today, a further important step was taken to implement Country-by-Country (CbC) Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA").




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Jurisdictions take action to address the potential misuse of RBI/CBI schemes for CRS-circumvention purposes

The OECD is pleased to announce that jurisdictions are taking further action to prevent the misuse of RBI/CBI schemes by account holders by putting in place an exchange of information mechanism that will ensure that the information on applicants of RBI/CBI schemes will be made available to their jurisdiction(s) of tax residence.




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OECD releases international exchange framework for CRS-related mandatory disclosure rules and updates its XML schemas for the exchange of CRS, CbC and tax ruling information

In order to support the automatic exchange of information collected under the OECD’s Model Mandatory Disclosure Rules on Common Reporting Standard (CRS) Avoidance Arrangements and Opaque Offshore Structures (MDRs), the OECD has today released the international administrative and operational framework for the exchange of information collected under the MDRs.




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United Kingdom CBI Industrial Trends Orders

Factory Orders in the United Kingdom decreased 56 percent in April of 2020 over the previous month. Factory Orders in the United Kingdom averaged -18.34 Net Balance from 1977 until 2020, reaching an all time high of 21 Net Balance in May of 1988 and a record low of -79 Net Balance in October of 1980. In the United Kingdom, the Confederation of British Industry‘s Industrial Trends Survey of total order book balance tracks changes in the level of factory orders from around 500 companies across 38 sectors of manufacturing industry. The survey covers domestic and export orders, stocks, price, investment intentions and output expectations. For each variable, manufacturers are asked if present situation is above normal, normal or below normal. The results are presented as a weighted percentage balance, that is, the difference between the percentage of respondents replying more or up to each question minus the percentage replying less or down. This page provides the latest reported value for - United Kingdom CBI Industrial Trends Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Five ways the ECB can bolster the eurozone’s pandemic firepower

Investors will be watching Christine Lagarde’s performance amid rising pressure on Italian bonds




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What next in Karlsruhe vs ECB?

German constitutional court blows open questions about ECB independence and the supremacy of EU law




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Credit Suisse scandal, Wells Fargo's new chief and ECB interest rate policy

David Crow and guests discuss the scandal that has engulfed Credit Suisse, including the apparent suicide of a security consultant involved in a corporate espionage operation for the bank, US bank Wells Fargo's new chief executive, and the merits of the European Central Bank's interest rate policy. With special guest Jean Pierre Mustier, president of the European Banking Federation and chief executive of Italian bank UniCredit.


Contributors: David Crow, Banking editor, Sam Jones, correspondent in Zurich, Laura Noonan, US banking editor, and Patrick Jenkins, financial editor. Producer: Fiona Symon

 

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Leading Philippine broadcaster ABS-CBN ordered to close

Station had carried reports critical of Duterte’s violent anti-drug crackdown




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US-China trade, ECB bond resistance, Airbnb view

As relations deteriorate over the coronavirus, Washington considers curbing supply chains and investment flows




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Germany’s ECB critics toast courtroom success

Plaintiffs plan fresh challenge against central bank’s emergency bond-buying programme




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Trump attacks ECB chief over 'unfair' stimulus plan

ECB chief Mario Draghi this week surprised the markets by suggesting that the European central bank could introduce more stimulus to support the global economy. His signal, at an ECB forum in Sintra, Portugal, caused a furious reaction from Donald Trump. Katie Martin discusses the US president’s intervention and the remarks that prompted this with Claire Jones and Chris Giles.


Contributors: Josh Noble, weekend news editor, Katie Martin, capital markets editor, Claire Jones, Frankfurt bureau chief and Chris Giles, economics editor. Producer: Fiona Symon

 

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Euro weakens after German court ruling on ECB’s bond-buying

Strategists expect concerns about eurozone stability to dent the currency




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Lagarde says ECB ‘undeterred’ by German court challenge

ECB intends to resist court injunction to justify its sovereign bond purchases




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German court calls on ECB to justify bond-buying programme

Bundesbank told to halt participation unless central bank shows policy is ‘proportionate’




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The ECB should ditch its inflation target

Research shows that the policy has had an adverse effect on economic growth




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Don’t blame German judges if they say No to ECB asset purchases

It would be the underlying law and EU treaty that needs changing, not the ruling




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Pluto TV expands with addition of CBS Sports HQ, new deals with TiVo and Verizon

Free streaming service Pluto TV is expanding. The company has today gained access to streaming sports network CBS Sports HQ as a result of the ViacomCBS merger. It has also forged new distribution deals with Verizon and TiVo, both of which were detailed this week. The free streamer had been acquired by Viacom for $340 […]




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YouTube TV to gain 14 more ViacomCBS channels in expanded distribution deal

YouTube TV is expanding its lineup of channels thanks to a new, multi-year distribution agreement with ViacomCBS, announced this morning. The Google-owned streaming TV service is gaining 14 new ViacomCBS channels as a result of the deal, including news, sports, and entertainment offerings. It will also continue to carry CBS broadcast stations, CBS Sports Network, […]




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A rebranded and updated version of CBS All Access will launch this summer

A rebranded and expanded version of the CBS All Access streaming service will arrive this summer, ViacomCBS announced this morning. The service, now run by ViacomCBS following the merger, today offers a mix of live TV, on-demand video, original programming, streaming news, local broadcast stations and sports. Now the company is accelerating its plan to […]




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The 13-inch MacBook Pro gets Apple’s much-improved keyboard

Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the company’s much improved keyboard. It’s probably not enough reason for recent MacBook buyers to upgrade, but could well be the thing that pushes the indecisive over the edge. To sweeten the pot, the new laptop gets […]




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Daily Crunch: Apple upgrades the keyboard on the 13-inch MacBook Pro

Apple announces a new MacBook Pro, tech stocks take a dip and Uber Eats shuts down in seven markets. Here’s your Daily Crunch for May 4, 2020. 1. The 13-inch MacBook Pro gets Apple’s much-improved keyboard Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the […]




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Apple MacBook Pro 13-inch review

With the new MacBook, Apple closes one of the more unfortunate product chapters in its history. The upgraded 13-inch mercifully marks the end of the failed five-year experiment that was the butterfly switch. I won’t go into too much detail here. If you’ve purchased a MacBook in the past several years, you almost certainly know […]




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MacBook Pro 16” first impressions: Return of the Mack

In poker, complacency is a quiet killer. It can steal your forward momentum bit by bit, using the warm glow of a winning hand or two to cover the bets you’re not making until it’s too late and you’re out of leverage.  Over the past few years, Apple’s MacBook game had begun to suffer from […]




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Daily Crunch: Apple unveils new iPad Pro and MacBook Air

Apple has new hardware coming, the U.S. government may use cell phone data to track the spread of COVID-19 and Fox acquires a streaming company. Here’s your Daily Crunch for March 18, 2020. 1. Apple announces new iPad Pro The new iPad Pro looks more-or-less like the existing iPad Pro, but with better specifications, plus […]




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YouTube TV to gain 14 more ViacomCBS channels in expanded distribution deal

YouTube TV is expanding its lineup of channels thanks to a new, multi-year distribution agreement with ViacomCBS, announced this morning. The Google-owned streaming TV service is gaining 14 new ViacomCBS channels as a result of the deal, including news, sports, and entertainment offerings. It will also continue to carry CBS broadcast stations, CBS Sports Network, […]




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Daily Crunch: Apple upgrades the keyboard on the 13-inch MacBook Pro

Apple announces a new MacBook Pro, tech stocks take a dip and Uber Eats shuts down in seven markets. Here’s your Daily Crunch for May 4, 2020. 1. The 13-inch MacBook Pro gets Apple’s much-improved keyboard Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the […]





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Julie Bowen of Modern Family fame is set to star in the new CBS comedy pilot Raised By Wolves

Julie Bowen, famous for playing mom Claire Dunphy on Modern Family, already has her sights set on her next project, in which she will star.




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CNN and CBS polls name Clinton the winner of final presidential debate showdown in Vegas but Trump claims victory in Fox survey

The results of Wednesday's presidential debate began to trickle in in the early hours of Thursday morning, with neither candidate the clear winner thanks to contrasting polls.




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CBP arrest driver after finding 26 illegal immigrants hiding inside tractor-trailer in California 

Customs and Border Patrol agents have arrested a 32-year-old man from Mexico who was caught smuggling 26 illegal immigrants into the country Wednesday via a tractor-trailer in California.




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CBP arrests Mexican man smuggling 5.3 pounds of fentanyl, enough to kill at least 1.2 million people

CBP agents intercepted a Mexican national with 41.4 pounds of cocaine and 5.3 pounds of fentanyl in California. The confiscated fentanyl was enough to kill 1.2 million people.




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Arizona CBP agents find two migrants in a car trunk and send them back across the Mexico border

CBP agents detained and quickly deported two Honduran migrants who were found hiding in the trunk of a car that was stopped Sunday near Gila Bend, Arizona.




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CBP finds 28 undocumented immigrants lying on top of each other inside a trailer in Texas

CBP agents detained 28 migrants from Ecuador, Guatemala and Mexico during the search of a tractor trailer on Monday in Texas. The driver, a U.S. citizen, was taken into custody.




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CBP officers discover 36 undocumented immigrants inside a tractor trailer in Texas

Border Patrol agents in found 36 unlawful migrants inside a truck during a road checkpoint on Interstate 35 last Thursday in Laredo, Texas.




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Racing driver sets a new TRACTOR world speed record - hitting over 103mph in a 1,000hp JCB 

Guy Martin, ex-lorry mechanic and motorcycle racer, took to Elvington Airfield, near York, to attempt the world record. Martin has three other high speed Guinness World Records under his belt.




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Justin Bieber ranks his wife's famous friends during Spill Your Guts Or Fill Your Guts game on CBS

The 25-year-old Canadian pop star ranked three of his wife Hailey Bieber's famous friends from favorite to least favorite on Thursday on The Late Late Show With James Corden on CBS.




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Apple announces 13-inch MacBook Pro with Magic Keyboard starting at ₹1,22,990

Apple has announced the new 13-inch MacBook Pro in India starting at ₹1,22,990.The new 13-inch MacBook Pro features increased storage and the improved Magic keyboard.The MacBook Pro will be available from authorised Apple resellers after the lockdown ends. Cupertino-based tech giant Apple has announced the new 13-inch MacBook Pro in India amid the ongoing Coronavirus pandemic. The new refresh comes just 10 months after the company had updated the MacBook Pro with Touch Bar and True Tone display.The new 13-inch MacBook Pro replaces the existing Butterfly keyboard with the Magic keyboard that has a redesigned scissor mechanism with 1mm of key travel, a physical escape key, Touch Bar and TouchID. The Magic keyboard was first introduced with the 16-inch MacBook Pro.Apple 13-inch MacBook Pro pricing