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Recent Posts by Tax Austria

Panama commissions international panel

Panama commissions international panel to improve financial transparency
Following the 'Panama Papers' revelations and the leak of 11.5 million documents from a prominent lawfirm, Panama has embarked on an ambitious project to regain its international reputation. The government of Panama plans to commission international committee of experts that would recommend a modality of improving transparency in...
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European Commission opens infringement procedure for breach of Services Directive

The European Commission opened infringement procedure against 9 member states for maintaining national rules that include excessive and unjustified obstacles to the freedom to provide cross-border services in the EU internal market. The Commission found that certain service providers faced unjustified restrictions and requirements which were deemed to be contrary to the Services Directive (Directive 2006/123/EC)....
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OECD multilateral convention to amend more than 2000 tax treaties

The OECD announced that on 24 November 2016, the members of the ad hoc Group on the Multilateral Instrument implementing BEPS measures concluded the negotiations on the text of the Multilateral Convention.  More than 100 jurisdictions signed the multilateral instrument, including most European countries, the United States, Australia, Canada, Brazil, China, Russia, and India, to...
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