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Asian Development Bank (ADB) President Masatsugu Asakawa and Organisation for Economic Co-operation and Development (OECD) Secretary General José Ángel Gurría today discussed their respective institution’s support for the coronavirus disease (COVID-19) response, and agreed to further strengthen ongoing collaboration on key areas to ensure robust and sustainable recovery from the pandemic such as economic analysis, domestic resource mobilization (DRM), international tax cooperation (ITC), and anticorruption.

With the enactment of Bill C-47 on June 22, 2023, Canada's enhanced mandatory disclosure rules are now fully in effect. These rules, which were first announced in the 2021 Canadian federal budget: expand the prior rules for reportable transactions; include new reporting requirements for notifiable transactions and uncertain tax treatments; and impose new punitive consequences, including penalties and extended reassessment periods, for failing to comply with the disclosure requirements.

The evolution of digitalization is changing how multinationals operate and relate with foreign governments

Ross Stitt summarises the ugly saga so far in PwC's fall from great heights, as a go-to consultant for the Australian federal government. The splatter is spreading although not yet to obvious revulsion by its private sector clients

On June 6, 2023, the Department of Finance released a consultation paper on Canada's transfer pricing rules. This consultation was first announced in Budget 2021 in response to the Federal Court of... | June 14, 2023