Tax & Accounting Blog

Polish Parliament Approves Law to Automatically Exchange Country-by-Country Reports

Polish Parliament Approves Law to Automatically Exchange Country-by-Country Reports

On March 9, 2017, the Polish Sejm gave final approval of the law on the exchange of tax information with other countries (the “Law”) following consideration of Senate amendments. The Law provides information on obligations of financial institutions (FIs) and the automatic exchange of country-by-country (CbC) reports. The Law does not apply to … Read More

How Technology Can Help AEO Succeed

How Technology Can Help AEO Succeed

According to the WCO (World Trade Organization) the AEO (Authorized Economic Operator) concept provides economic operators[1], who meet the conditions and criteria, with benefits in the form of facilitation of customs controls in terms of safety and security, and with simplifications on customs law and rulings.  The aim is to facilitate the foreign … Read More

Swedish Parliament Approves Government Proposals to Implement Country-by-Country Reporting and Master and Local Filing Requirements

Swedish Parliament Approves Government Proposals to Implement Country-by-Country Reporting and Master and Local Filing Requirements

On March 1, 2017, the Swedish Parliament approved the Government’s proposals in the 2016/17:47 bill to implement transfer pricing documentation (master and local file) and country-by-country (CbC) reporting. (Parliament rejected proposals to introduce public CbC reporting.) Parliament agreed to align the transfer pricing documentation rules to the OECD Action 13 standard. … Read More