Canada Signs Tax Information Exchange Agreements (TIEAs) With St Lucia, Bahamas
The Canadian Ministry of Finance has announced the signing of two Tax Information Exchange Agreements, with the Bahamas on June 17, and with Saint Lucia on June 18.
The two agreements were negotiated in line with...
Hong Kong Signs Double Tax Agreements With UK, Ireland
Hong Kong has signed comprehensive agreements for the avoidance of double taxation (DTAs) with the United Kingdom and Ireland, on June 21 in London and June 22 in Dublin, respectively.
The comprehensive DTAs with the UK and Ireland...
Hong Kong Issues Tax Information Exchange Guidance
Hong Kong’s Inland Revenue Department (IRD) has issued practice notes for the exchange of tax information upon requests received from double taxation treaty partners, and the domestic safeguards that exist following enactment of the Inland...
Indian Govt to tax profits on firms abroad with Controlled Foreign Company rules
The finance ministry plans to introduce Controlled Foreign Company (CFC) rules to check outbound investment in tax havens for avoiding or deferring tax. The rules will allow authorities to extend domestic laws for...
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