Thu, 10 Dec 2020 00:00:00 GMT UK, Canada Sign Post Brexit Continuity Agreement
Canada and the UK have formally signed a post-Brexit trade continuity agreement that will apply from January 1, 2021.

Mon, 30 Nov 2020 00:00:00 GMT UK, Canada Sign Post-Brexit Continuity Trade Deal
Canada and the UK have announced the successful conclusion of negotiations on an interim trade agreement, which will be in place as they work toward a comprehensive post-Brexit free trade deal.

Fri, 17 Jul 2020 00:00:00 GMT J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime
On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud.

Thu, 28 May 2020 00:00:00 GMT IRS Clarifies Tax Treaty References To NAFTA
On May 19, 2020, the United States Treasury Department and the Internal Revenue Service issued an Announcement which clarifies the interpretation of references in US income tax treaties to the North American Free Trade Agreement once it is replaced b...

Tue, 3 Mar 2020 00:00:00 GMT J5 Reviews Work To Tackle Cross-Border Tax Crimes
On February 19, 2020, the United States Internal Revenue Service announced that the leaders of the Joint Chiefs of Global Tax Enforcement recently gathered in Sydney, Australia, to review their work and to set priorities for the years ahead.

Mon, 27 Jan 2020 00:00:00 GMT US Senate Passes New North American Free Trade Deal
On January 16, 2020, the US Senate voted to approve the US-Mexico-Canada Agreement, which will replace the existing North American Free Trade Agreement.

Mon, 16 Dec 2019 00:00:00 GMT Canada, Mexico, US Agree Free Trade Deal Amendments
Canada, Mexico, and the US have signed an agreement on amendments to their proposed new trade pact.

Mon, 25 Nov 2019 00:00:00 GMT American Firms Concerned By Canadian Digital Tax Plan
Representatives from US trade and industry associations have voiced concern about a digital services tax proposal floated during the recent Canadian election which they argue will "impose discriminatory requirements on the digital economy."

Fri, 27 Sep 2019 00:00:00 GMT Trudeau Makes Election Pledge On Canadian Taxes
The Canadian Liberal Party has announced plans to reduce the income tax burden by raising the Basic Personal Amount.

Thu, 22 Aug 2019 00:00:00 GMT OECD Releases Action 14 Peer Reviews For Six States
The OECD on August 13, 2019, released follow-up reports for Belgium, Canada, the Netherlands, Switzerland, the United Kingdom, and the United States on their efforts to implement BEPS recommendations on dispute resolution.

Thu, 8 Aug 2019 00:00:00 GMT Mexico Ratifies New North American Free Trade Deal
Mexico has completed its domestic ratification procedures in respect of the new US-Mexico-Canada Agreement (USMCA), which will replace the North American Free Trade Agreement, with the US and Canada.

Thu, 8 Aug 2019 00:00:00 GMT Canada To Legislate For Budget Tax Reforms
The Canadian Government is consulting on draft legislative proposals to implement a number of tax measures announced in the 2019 Budget.

Thu, 25 Jul 2019 00:00:00 GMT G7 Backs OECD In Push For Global Digital Tax Response
G7 finance ministers have said that there is an urgent need to address the tax challenges posed by the digitalization of the economy.

Fri, 5 Jul 2019 00:00:00 GMT Canada Ratifies BEPS MLI
On June 21, 2019, Canada ratified the BEPS multilateral convention, to introduce amendments to its network of tax treaties to prevent abuse.

Tue, 26 Mar 2019 00:00:00 GMT Canada's 2019 Budget Focuses On Real Estate Tax Compliance
Canadian Finance Minister Bill Morneau has made tax non-compliance in the real-estate market a major focus of his 2019 Budget.

Tue, 26 Feb 2019 00:00:00 GMT Canada Launches Tax Filing Season
On February 19, the Canada Revenue Agency officially opened the 2019 tax filing season.

Fri, 28 Dec 2018 00:00:00 GMT Canadian Tax Regime To Be Enhanced From 2019
Canada's small business tax rate will be reduced from 10 percent to nine percent from January 1, 2019, as part of a suite of new year tax changes.

Fri, 7 Dec 2018 00:00:00 GMT OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017
Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies.

Mon, 29 Oct 2018 00:00:00 GMT Canada To Push Ahead With Carbon Tax Plans
Canada's federal Government has announced that it will impose a carbon price in Ontario, New Brunswick, Manitoba, and Saskatchewan in 2019.

Fri, 12 Oct 2018 00:00:00 GMT Switzerland Begins Sharing Tax Data Internationally
Switzerland has made its first exchanges under the new international automatic exchange of information framework, the Common Reporting Standard.