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I am pleased to note that the Philippines, as represented by Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr., participated in the Organization for Economic Cooperation and Development (OECD) Forum on Tax Administration (FTA) annual plenary meeting in Singapore from October 11 to 13, 2023. This event gathered around 50 tax commissioners and delegates
Malaysia’s rise in the 2023 IMD World Competitiveness Ranking, from 32nd place in 2022 to its current standing at 27th place, is a testament to the nation’s resilience and growth.
With draft law no. 8186 tabled on 28 March 2023 along with its accompanying draft Grand-Ducal decree on tax proceedings, the Luxembourg government aims – among other things – to specify future transfer pricing obligations applicable to certain Luxembourg companies. What changes can be expected as from the 2024 tax year?
This comes after proposed amendments to S'pore's income tax regime were passed in Parliament on Tuesday. Read more at straitstimes.com.
Colombian singer Shakira faces accusations of tax evasion through a Dutch letterbox company as part of a complex international network of tax avoidance schemes. Learn more about the case and its implications here.