Tax publications

You will find here our tax publications (newsletters, special reports, etc.).

China tax newsletters

Mazars’ comments on tax issues in the People’s Republic of China

Hong Kong tax news

Mazars’ comments on Hong Kong tax issues

OECD BEPS - The 2015 Final Reports and the next step

On 5 October, the OECD has issued the Final Reports on the BEPS 15 Action points and it is expected that the G20 Finance Ministers will discuss and endorse the Reports and the recommended changes at their meeting on 8 October, in Lima, Peru. It is undeniable that the BEPS Action plan will dramatically reshape the existing international tax rules. The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project provides governments with solutions for closing the gaps in existing international rules that allow corporate profits to ‘disappear’ or be artificially shifted to low/no tax environments, where little or no economic activity takes place.

OECD tackles Base Erosion and Profit Shifting

The OECD ‘Action Plan on Base Erosion and Profit Shifting’ (‘BEPS’) - issued on 19 July 2013 - identifies 15 key actions along with timelines, with most actions being addressed within two years. The scale of the plan is ambitious, and will result in a dramatic change in the landscape of tax planning in the international arena. An underlying theme is tackling the artificial separation of taxable income from the activities that generate it. Going forwards, the focus will be much more on the underlying substance and where value is really created within an international business.

Publishing your tax strategy

In 2017, businesses that meet certain criteria must publish their tax strategy as required by the Finance Act 2016. Is your business prepared to meet the obligations of this potential new requirement?