Local authorities in India have been instructed to draw up lists of taxpayers that have filed fraudulent or potentially fraudulent requests for input tax credits and where appropriate share this information with other state authorities.
The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets
Franklin Templeton: The fund house has not given any clear indication about the possible timeline within which it will liquidate all its investments and return investors' money
Franklin Templeton Debt crisis: FT investors can hope to get better realisation of their locked investment if the market sentiment improves
Greens/EFA members of the European Parliament have called on the EU Code of Conduct Group to be more transparent about the criteria it used to create the EU's new blacklist of non-cooperative territories and how it will manage it going forward.
The OECD has recently launched a consultation on tackling the circumvention of its latest international tax transparency standard, the Common Reporting Standard, through the use by individuals of residency by investment (RBI), or citizenship by investment (CBI) schemes.
The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation.
Switzerland has released a report on its efforts to resolve tax disputes, noting that the average time to complete mutual agreement procedure cases was 13 months in 2018, significantly below that required under the BEPS minimum standards.
The EU has removed three countries from its list of non-cooperative tax jurisdictions and added a further three.
The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions.
The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions.
The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation.
Highlights: The current global crisis with COVID-19 infection provides telehealth the ideal opport
The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8.
On February 19, 2020, the United States Internal Revenue Service announced that the leaders of the Joint Chiefs of Global Tax Enforcement recently gathered in Sydney, Australia, to review their work and to set priorities for the years ahead.
On December 28, 2018, the Dutch Government published in the Official Gazette a list of 21 low-tax jurisdictions. Companies doing business in these territories will face new anti-avoidance measures, intended to tackle tax base erosion and profit shifting.
On October 7, 2019, the Dutch Government announced the launch of a consultation on the 2020 edition of the list of low-tax jurisdictions for the purposes of enforcing existing and forthcoming anti-avoidance legislation intended to tackle base erosion and profit shifting.
Barbados and Turkmenistan have been added to the Netherlands' list of low-tax jurisdictions for the purposes of enforcing certain anti-tax avoidance rules, the Dutch Ministry of Finance announced on December 30, 2019.
On January 6, 2019, a decree was published in the French Official Journal to modify the list of non-cooperative states and territories in tax matters.
New study sheds light on the science behind the periodontal ligament formation, which helps to keep the tooth stable in the jawbone. This improved understanding
2nd February 2014 – Colombo, Sri Lanka Agriculture and wetlands should be managed in unison in order to conserve vital ecosystems and support the livelihoods of millions of people, according to a new report published to coincide with World Wetlands Day, today. Download the full media release Download the report
The holidays are almost upon us. For some, it is time to get out the best dishes and polish up the silver for a holiday table setting with family and
Cancer cells which become "addicted" to glucose could open up fresh approaches to therapy strategies for cancers with high levels of an amino acid transporter
The main aim of the MENAdrought project is to empower decision-makers across Jordan, Lebanon and Morocco to anticipate, prepare for and mitigate drought impacts in a context of increasing climate change, in order to reduce risks of food and water insecurity.
DNA synthesis is transforming diagnosis and treatment of COVID-19, and may play a vital role in halting the pandemic. Allie Nawrat, Senior Medical
Performing abortions a crime punishable by up to three years in prison, states the bill adopted in the US state of Oklahoma. The bill, which still
Modified CRISPR gene editing tool could aid to develop fast-track therapies for HIV, sickle cell disease and, potentially, other immune conditions, according
Two new apps to help the country tackle the growing new coronavirus (COVID-19) pandemic have been created by engineering students of Sona College of Technology,
Each week, STR analysts provide a deep-dive into China hotel performance. The most recent video is linked below, available in both English and Chinese. STR provides premium data benchmarking, analytics and marketplace insights for global hospitality...
This dashboard is designed to provide critical insights to the hotel community as we weather the storm of COVID-19. Updates are made weekly. Hotel performance by rate category Group pickup and cancellations Future airline bookings Hotel closings Org...
Each week, STR analysts provide a deep-dive into U.S. hotel performance. The most recent video, highlighting performance for 26 April through 2 May, is linked below. STR provides premium data benchmarking, analytics and marketplace insights for glob...
Each week, STR analysts provide a deep-dive into U.K. hotel performance. The most recent video, highlighting performance for the week of 27 April through 3 May, is linked below. STR provides premium data benchmarking, analytics and marketplace insig...
The 246-key LQ by Wyndham Greenlane Auckland, located on the Great South Road in the city's Ellerslie district, will be conveniently located between Auckland Airport and Auckland CBD, appealing to both leisure and corporate travellers alike. Guests will be a short drive from leading attractions such as Ellerslie Racecourse, Mt Smart Stadium, and a range of high end shopping precincts. This hotel is scheduled to welcome guests in mid-2022. LQ by Wyndham Greenlane Auckland will feature a mix of accommodation for short and extended stays, and facilities including fitness centres and "grab & go" cafés....
Levels of alcohol consumption in Switzerland have decreased in the last 30 years, but are still above the OECD average. In 2012, an average of 9.9 litres of pure alcohol per capita is consumed in Switzerland, compared with an estimate of 9.1 litres in the OECD.
Here are the photos of Raashi Khanna who attended the Prati Roju Pandaage Trailer launch.
Prince Harry and Meghan Markle share a video from Baby Archie's first birthday celebrations, the Duchess reads a book to the one-year-old.
Due to the rapidly changing world we need to be focused on tackling the social consequences of the crisis, fight poverty and social exclusion, exploiting in particular the potential of a green economy to promote growth and competitiveness. We are inspired by the OECD work in all these areas, said the Prime Minister of the Slovak Republic to the OECD Council.
Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries.
Twinkle Khanna was on the receiving end of trolling a few years ago when she shared a pic from a photoshoot, and netizens mocked her for sitting on books!
Inequality is a multi-dimensional challenge, it goes beyond income and it affects the wellbeing of our people. We need a multidisciplinary policy response and that’s what the Inclusive Growth initiative that we are launching in the OECD will provide.
The most effective policy tool kit to address high inequalities and to extend opportunities is one that combines education and job training measures, policies to boost job creation, and reforms to make the tax and benefit system and public services more efficient.
Levels of alcohol consumption in the United States are close to the OECD average and have remained relatively stable in the last 20 years, but with a progressive shift from beer to spirit consumption. In 2011, an average of 8.6 litres of pure alcohol per capita was consumed in the United States, compared with an estimate of 9.5 litres in the OECD.
Providing American seniors with better work incentives and opportunities will be crucial for the United States to meet the challenges of its rapidly ageing population. By 2028, more than one in five Americans will be aged 65 and over, up from fewer than one in six today, according to a new OECD report.
Levels of alcohol consumption in Canada are close to the OECD average and have remained relatively stable in the last 20 years. In 2012, an average of 8.2 litres of pure alcohol per capita was consumed in Canada, compared with an estimate of 9.1 litres in the OECD.
Greece has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement that was developed jointly by the Council of Europe and the OECD and that is open for signature to all countries.
OECD governments have committed to stepping up their efforts to tackle base erosion and profit shifting (BEPS) by endorsing the OECD's BEPS Declaration at the Organisation’s annual Ministerial Meeting in Paris.
OECD Secretary-General Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals. The proposals establish automatic exchange of information for tax purposes as the new international standard for tax co-operation and set out the Action Plan on Base Erosion and Profit Shifting (BEPS), which was first presented to G20 Finance Ministers in Moscow in July 2013.
Almost 300 senior tax officials from more than 100 countries and international organisations met in Paris on 25-26 September 2014 during the 19th Annual Global Forum on Tax Treaties to discuss solutions to unintended double non-taxation caused by base erosion and profit shifting (BEPS).
In-depth discussions took place this week as the international community continues to make progress on the international tax agenda. Officials from more than 100 countries drawing from tax authorities, ministries of finance, development agencies, as well as regional and international organisations, business and civil society came together in a series of meetings hosted by the OECD.