Tax Market Update 2014 - Demand for Tax Talent Increases
From current market activity I believe that 2014 will prove to be a significant year with many organisations making the most of the upbeat economic environment .
The Global Forum has adopted nine new peer review reports and three supplementary reports. This brings to 79 the total number of reports adopted, with a further 17 reviews under way. The focus will now shift to exchange of information Ugg outlet in practice with the launch of Phase 2 reviews and steps to improve cooperation amongst Competent Authorities.
The recently adopted preer review reports on Cook Islands, Liberia, Lebanon, Grenada, Montserrat, Saint Lucia, and United Arab Emirates describe each jurisdictions rules for ensuring that information is available to the tax authorities, how such information can be accessed by the authorities and the mechanisms in place to exchange information with foreign tax authorities. The reviews of the People’s Republic of China and Greece consider in addition whether the jurisdictions’ exchange information effectively in practice. The reviews also identify deficiencies and make recommendations on how to address them.
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