Global tax newsletter issue 11

Global tax newsletter is designed to keep you up to date with significant tax developments around the world that impact businesses with cross-border operations. It addresses issues of a global nature as well as domestic tax developments of interest to foreign investors. The newsletter aims to cover tax developments on a regional and international basis.

Amongst other interesting tax rulings, this edition features details on the Foreign Account Tax Compliance Act (FATCA) that went into effect on 1 July 2014, probably one of the most far reaching tax documentation efforts of any government to date. We also include interesting papers that have been issued by the Organisation for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF) on matters of tax policy.