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3 days ago · The UN Committee of Experts in International Tax Cooperation proposed the addition of a new article to the United Nations Model Tax Convention. As currently drafted, Article XX would combine the existing Articles 5(3)(b), 12A, and 14 into a new provision dealing with the expansion of fees for cross-border business services.
4 days ago · MUMBAI: In 2023, the exchange of information mechanism spearheaded by the Organisation for Economic Cooperation and Development ( OECD ), which helps tax authorities detect cross-border tax evasion, enabled the Asian members of the Global Forum (including India), to identify at least Euro 1.8 billion of tax revenue.
10 hours ago · Under the agreement, India will continue to impose the levy until March 31, 2024, or until the implementation of Pillar 1 of the OECD agreement on taxing multinationals and cross-border digital transactions. In return, the US will terminate the trade tariff actions which it had announced in response to the levy and will not take any further ...
4 days ago · Mumbai: In 2023, the exchange of information mechanism spearheaded by the Organisation for Economic Cooperation and Development ( OECD ), which helps tax authorities detect cross-border tax evasion, enabled the Asian members of the Global Forum (including India), to identify at least 1.8 billion euros of tax revenue.
1 day ago · EY Podcast: Weekly US international cross-border taxation news for week ending 28 June 2024. US Supreme Court ends court deference to agency interpretations of ambiguous laws, including tax laws. US House Republican Tax Team on global competitiveness to hold first field meeting with stakeholders on 8 August, White Paper to follow.
5 days ago · With the Karnataka government raising sales tax on petrol and diesel, vehicle users from Karwar are making a beeline to petrol pumps close to the border, where petrol costs around Rs 8 less,...
1 day ago · In 2019, the last year before the Covid-19 pandemic brought down border crossings, there were roughly 860,000 illegal border crossings, far more than in any year during the Obama administration.
