Forthcoming: Global Forum on Tax Transparency Report
The Global Forum on Tax Transparency and Exchange of Information, an OECD based inclusive-framework organisation, has published a Report (available to read on 1 September) on the second round of peer review concerning compliance with international standards for exchange of information for nine jurisdictions: Anguilla, Chile, China, Gibraltar, Greece, Korea, Malta, Papua New Guinea and Uruguay.
With 161 members, the Global Forum on Transparency and Exchange of Information for Tax Purposes is the leading international body working on the implementation of global transparency and exchange of information standards around the world.
Facebook Reaches Tax Settlement in France
Facebook’s branch in France will pay €106 million of assessed taxes and penalties, in a settlement reached with the French tax authorities, Facebook’s French representatives confirmed in a public statement following a report published in the Capital.
The settlement covers the years 2009 – 2018 concerning revenue which was not declared to the tax authorities under French tax law, including a penalty of €22 million. The French tax authorities initiated inspections in multiple establishments of US digital companies following a raid in 2012.
Save the Date: CFE Professional Affairs Webinar Conference on Taxpayers Rights
Save the date for the 13th European Webinar Conference on Tax Advisers’ Professional Affairs, to be held virtually on Friday, 20 November 2020, on the topic of “Taxpayer Rights and Legal Certainty in the Digital Era”.
The webinar conference will welcome tax experts and academics who will examine global developments in the protection of taxpayers’ rights and the impact and implications of technology on taxpayers’ rights. The conference will also review the recently published IBFD 2019 Yearbook on Taxpayers’ Rights, the most recent compilation of information by the Observatory on the Protection of Taxpayers’ Rights.
More details about the programme, line-up of speakers and registration will be available in due course.