Kenya Signs the OECD Convention on Tax Matters
On 8 February 2016, Kenya signed the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. The agreement is designed to facilitate international co-operation among tax authorities to improve their ability to tackle tax evasion and avoidance.
Senegal Signs the OECD Convention on Mutual Administrative Assistance in Tax Matters
On 4 February 2016, Senegal signed the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Senegal is the 11th African country to sign the Convention and the 93rd jurisdiction to join it. The agreement is designed to facilitate international co-operation among tax authorities to improve their ability to tackle tax evasion and avoidance.
OECD Urges Spain To Raise Environmental Taxes
The Organisation for Economic Cooperation and Development (OECD) has urged Spain to introduce higher green taxes to fund measures to boost economic growth. “Spain has visibly improved its environmental performance since the turn of the century,” OECD Secretary-General Angel Gurría said. “Spain must now ensure that its economic recovery does not undo that work. There […]
Italy adds Monaco to list of recent Tax Deals
On March 2, Monaco and Italy signed a tax information exchange agreement (TIEA) based on the latest model agreement from the Organisation for Economic Co-operation and Development (OECD) and the treaties Italy has recently concluded with Switzerland and Liechtenstein. Signed by Italy’s Ambassador to Monaco, Antonio Morabito, and Monaco’s Minister for Foreign Affairs and Cooperation, […]
Colombia seeking more equitable Tax Regime
Colombia’s Minister of Finance, Mauricio Cárdenas, announced on February 24, 2015, that a committee of experts has been set up by the Government to study ways to improve the competitiveness of the country’s tax system and make it more equitable. The nine-member committee will study existing tax benefits and will make recommendations for streamlining the […]