|
The OECD has published for stakeholders’ comments a draft version of the XML Schema and User Guide developed as part of the OECD’s work on formulating the Global Anti-Base Erosion (GloBE) model tax rules.
The draft version of the GIR XML Schema and User Guide is designed to both facilitate domestic GIR filings, wherever appropriate, and to be the technical format for exchanging GIR information between tax administrations. Comments must be received by August 19. The Nigerian Government has approved a new withholding tax regime as part of the ongoing fiscal policy and tax reforms.
The new withholding tax regime incorporates tax measures to curb tax evasion and minimize tax avoidance. It contains changes to reflect emerging issues and adopt global best practices. The new withholding tax regime provides clarity on the timing of deduction and sets out definitions of key terms. The Bahamas’ Finance Ministry has published guidance on the mutual agreement procedure (MAP) framework set out in the Tax Information Exchange Agreement between The Bahamas and Japan.
The guidance discusses several aspects of the MAP framework including who can request a MAP, how to initiate a MAP request, the processing of MAP requests, and implementation of the agreement. The guidance states that the Competent Authority will strive to resolve cases in a timely manner and keep the taxpayer informed of the status of their request on an ongoing basis. |
Archives
November 2025
|
COMTAX ABC/o Ekonomiforetaget Baehring Dahl AB
Berga Alle 3 25452 Helsingborg Sweden |
CONTACTTel.: +46 46 590 07 70
E-mail: support(@)comtaxit.com |
INFORMATION |
|
© COPYRIGHT 1985 - 2026 COMTAX AB. ALL RIGHTS RESERVED.