6 new countries sign agreement, international tax

Status
Not open for further replies.

JohnLocke

OffshoreCorpTalk owner
Dec 29, 2008
14,770
-1
811
This is a little bit of interest to many I think, since Iceland is one of these countries that claim to be tax friendly and wanted to establish a Free Zone (not sure if they actually did) in their own country. So it would be in conflict with such an agreement.

12/05/2016 - As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Canada, Iceland, India, Israel, New Zealand and the People's Republic of China signed today the Multilateral Competent Authority agreement for the automatic exchange of Country-by-Country reports ("CbC MCAA"), bringing the total number of signatories to 39 countries. The signing ceremony took place in Beijing, China.

Read more

Toggle signature

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
 
Not understanding, is this one good news or bad news for me!!!! BIG bad, sure 🙁
 
that is great.. nice info. So iceland is tax free?
Any more latest news. I have office in canada but like to expand in countries where it is tax free.
My next option will be iceland. Though i need to get confirmation on this.
 
This is great for small to medium businesses to grow their business and widen their reach.
 
Iceland can be a nice new offshore destination. Any offshore option in the western Europe is considered legit.
 
India is on the list! I'm very surprised by this. They are growing at a high speed these past few years!
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu