Commission welcomes adoption of far-reaching new transparency rules for tax advisers in the EU The European Commission has welcomed the political agreement reached by EU Member States today on new transparency rules for intermediaries – such as tax advisers, accountants, banks and lawyers – who design and promote tax planning schemes for their clients. The...Read More

Bahamas, Saint Kitts and Nevis added to EU blacklist The EU’s list of non-cooperative jurisdictions in taxation matters has been adjusted in the light of: commitments made by listed jurisdictions; an assessment of jurisdictions for which no listing decision had yet been taken. Moves have also been made to improve transparency in the listing process....Read More

Regulations demand disclosure of company beneficial ownership To tackle tax evasion, Indonesia’s President Joko Widodo has issued regulations requiring all businesses to disclose details of who beneficially owns the entity. The move will give Indonesia’s tax authorities more data with which to tackle tax evasion and money laundering, it was said. It will also support...Read More