BEPS, the international initiative to deter profit shifting, has wide implications for treasurers around interest rate deductibility and withholding tax arrangements AprMay18TTbeps30-31.pdf

Nearly half of CFOs think that reform of the international tax architecture is unachievable

New compliance requirements await corporate finance professionals with the OECD’s publication of its final package of BEPS measures

Flurry of pen strokes from multiple nations begins process of amending more than 1,000 tax treaties around the world

Leader of the opposition Jeremy Corbyn has started to liven up UK debate, with nationalisation and fiscal expansion firmly returned to the political agenda. Meanwhile, Tsipras returned as prime minister in Greece to implement unwanted austerity measures. The transmigration refugees have forced the EU member states to recognise the risk of treaty dogmatism. Our attention remains with EMIR and CVA, BEPS, renminbi and FTT. Please share any views with us at technical@treasurers.orgWe

For those based in the EU, we have the Call for Evidence. For those in the UK, we have HM Treasury’s initiative on BEPS and the Payment Systems Regulator’s advice as to how its own £15m cost will be spread across the payments industry. If you have views you’d like the ACT policy and technical team to take into account in responding to any of the subjects covered in this article or elsewhere in The Treasurer, please email us at technical@treasurers.org

Treasurers must increasingly monitor the changing legal and regulatory landscape around taxation, explains Divya Ramaswamy of Thomson Reuters

Cross-border initiatives to close tax loopholes arguably increase risk for corporates and add to treasurers’ workloads, Michelle Perry reports

Corporates with large shareholder loans may see reduction in the tax deductibility of interest expenses

A deluge of change in international tax law is set to keep treasurers busy over the year ahead. Graham Robinson looks at four key changes