The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.
By Davi Santana de Jesus
Brazil made a formal application to join the OECD in 2017, but the process is still mired with political uncertainty. Base Firma’s Davi Stantana de Jesus outlines how the economy can expedite its application by reforming its transfer pricing framework.
By Ulrika Lomas
During a webcast on June 11, the OECD provided a technical update on its work to develop new, modernized international tax rules for the digitalized economy. Under a mandate from countries that have agreed to implement the BEPS minimum standards – the BEPS Inclusive Framework – the OECD is developing new digital tax rules that would be presented for adoption internationally at the end of 2020. At its January 23-24, 2019, meeting, the BEPS Inclusive Framework agreed that the OECD's work should focus on two central pillars.To read more go here
European Union finance ministers have discussed on Friday a plan for a 0.2% tax on shares, which Germany sees close to be agreed, although further work remains to be done. Plans for an EU financial transaction tax (FTT) have stumbled over the past years. After an initial proposal in 2011 was blocked by member governments, a group of states pressed ahead, while the majority of the 28 EU states backed down.
By The Associated Press
A carbon tax is part of the climate plan that Democratic presidential candidate John Hickenlooper is backing. He's the latest candidate to outline a plan to combat global warming. Along with the carbon tax, the former Colorado governor would spend $350 billion on green infrastructure and efficient cars, rejoin the Paris climate accords and invest more in green technology research.
By Teri Sprackland
Although public and political opinion has shifted regarding the Dutch tax system's favorability to multinationals, not that much has changed in practical terms, according to practitioners. The Dutch parliament voted June 11 to establish a six-month expert committee to advise legislators on how to structure the country’s tax system to ensure that multinational enterprises pay more taxes in the Netherlands.
By Joe Stanley-Smith
Danny Houben, project lead for Shell’s ICAP team, talks to International Tax Review about how his company got ready to participate in the OECD’s International Compliance Assurance Programme (ICAP).
By Matt Thompson
A proposed financial transaction tax in the European Union should be set at "no less than 0.2%" of the value of the transaction, according to a note from the German delegation to the EU's Economic and Financial Affairs Council, which is due to meet Friday in Brussels.
By Joshua Rosenberg
U.S. Senate Republican leaders have decided to bring several bilateral tax treaties that have languished for years to a vote in the full chamber this year, the chairman of the Senate Foreign Relations Committee told Law360 on Tuesday.
Dutch lawmakers have launched an inquiry into how to make multinationals pay their fair share of tax, after public criticism that government reforms do not go far enough.
Global foreign direct investment (FDI) fell by 13 percent last year because of government intervention, Brexit uncertainty and U.S. President Donald Trump's tax and trade policies, the United Nations trade and development agency UNCTAD said on Wednesday.
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