The OECD has welcomed commitments by Costa Rica, Malaysia, Philippines and
Uruguay in complying with international tax information standards.
These were the four jurisdictions surveyed by the OECD Global Forum which had
not made commitments as of the 2nd April.
They have now officially informed the OECD that they commit to co-operate in
the fight against tax abuse and, as a result, have been moved into the category
of jurisdictions which commit to the standard but are yet to implement any
Angel Gurria, the Secretary-General of the OECD, said: ‘We continue to see
quick progress in the adoption of the OECD standard. I very much welcome that
all jurisdictions surveyed by the OECD Global Forum are now committed. We need a
level playing field and are looking forward to quick implementation of the
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
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