TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Draft toolkit on the taxation of offshore indirect transfers of assets

A joint initiative of the IMF, OECD, UN and World Bank Group is seeking public feedback on a draft toolkit designed to help developing countries tackle the taxation of offshore indirect transfers of assets. This is described as a practice used by some multinational corporations to minimise their tax liabilities.

This draft toolkit, “The Taxation of Offshore Indirect Transfers – A Toolkit,” examines the principles that should guide the taxation of certain transactions in the countries where the underlying assets are located. The toolkit is in response to a request by the Development Working Group of the G20, and is part of a series of guides to help developing countries design their tax policies. Comments should be made by 25 September 2017 via e-mail to taxcollaborationplatform@worldbank.org.