Sep 10, 2009
Since the April G20 summit, over 50 new TIEA agreements have been signed across the globe. The London G20 Summit, held on the 2nd of April this year, heralded an unprecedented wave of Tax Information Exchange Agreement (TIEA). In what was described as “revolutionary” by Angel Gurría, OECD Secretary-General, the number of completed TIEAs has [...]
Since the April G20 summit, over 50 new TIEA agreements have been signed across the globe.
The London G20 Summit, held on the 2nd of April this year, heralded an unprecedented wave of Tax Information Exchange Agreement (TIEA). In what was described as “revolutionary” by Angel Gurría, OECD Secretary-General, the number of completed TIEAs has almost doubled since their inception in late 2000.
Since the G20 summit, and subsequent global push for greater tax transparency and compliance, the following 53 agreements have been ... Read More
Aug 31, 2009
The issue of taxation is growing to be a major deciding factor in the upcoming German elections. Tax cuts, tax overhauls, job cuts, falling balances and rising deficits, phrases that are being drawn out with progressively higher frequency in the face of the upcoming German elections. Increasingly attention is being focused on three major parties [...]
The issue of taxation is growing to be a major deciding factor in the upcoming German elections.
Tax cuts, tax overhauls, job cuts, falling balances and rising deficits, phrases that are being drawn out with progressively higher frequency in the face of the upcoming German elections. Increasingly attention is being focused on three major parties within the election: the Christian Democratic Union (CDU) headed by Chancellor Angela Merkel, the Social Democratic Party (SDP) headed by Franz Müntefering, and the Free Democrat Party (FDP) ... Read More
Aug 7, 2009
Germany will start tax agreement negotiations with Switzerland later this month in an effort to combat the ever more prominent problem of tax evasion. Germany is looking to make some headway with the problem of German nationals utilizing Swiss banking to avoid their full tax liabilities. According to Peer Steinbrueck, German Finance minister, Germans have [...]
Germany will start tax agreement negotiations with Switzerland later this month in an effort to combat the ever more prominent problem of tax evasion.
Germany is looking to make some headway with the problem of German nationals utilizing Swiss banking to avoid their full tax liabilities. According to Peer Steinbrueck, German Finance minister, Germans have a “triple-digit billion-euro amount” hidden away in offshore accounts throughout the world, and Swiss bank accounts make up a significant portion of this.
Germany and Switzerland will ... Read More
Jul 10, 2009
Germany and Liechtenstein struck up a Tax Information Exchange Agreement (TIEA) on the 10th of July. In an effort to amend the rift between the two countries, caused by a dispute over Liechtenstein’s bank secrecy laws, the TIEA has finally been agreed upon to promote bilateral co-operation on tax matters through an exchange of information. [...]
Germany and Liechtenstein struck up a Tax Information Exchange Agreement (TIEA) on the 10th of July.
In an effort to amend the rift between the two countries, caused by a dispute over Liechtenstein’s bank secrecy laws, the TIEA has finally been agreed upon to promote bilateral co-operation on tax matters through an exchange of information. The signed agreement complies with current guidelines developed by the OECD Global Forum Working Group on Effective Exchange of Information, and is set to be enacted during the ... Read More
