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

Nigeria signs up to Multilateral BEPS Convention and Common Reporting Standard Agreement

Nigeria recently signed both the multilateral convention (MLI) and the multilateral competent authority agreement under the common reporting standard (CRS) and thus becomes the 71st jurisdiction to sign the MLI and the 94th jurisdiction to join the CRS MCAA.

The MLI is a legal instrument designed to prevent base erosion and profit shifting by multinational enterprises. The CRS MCAA is a multilateral competent authority agreement, which aims to implement the automatic exchange of financial account information and to deliver the automatic exchange of CRS information between 101 jurisdictions by 2018.