What is Criminal Tourism? Durham police arrest 46 suspects under 'Project Jetsetter' since 2019; Majority of suspects from one European nationDurham police have arrested 46 suspects in a crackdown on 'criminal tourism'. Project Jetsetter targets international crime groups committi...
ICC suspension unexpected, but corrective measures underway: Cricket CanadaCricket Canada's membership has been suspended by the ICC. This decision stems from serious breaches in governance and financial obligation...
Canada, India officials express optimism over trade pact talksCanada and India are making progress on a free trade deal. Officials are optimistic about reaching an agreement this year. This renewed eng...
Claude Lemieux cause of death: Four-Time Stanley Cup Champion passes away at 60-How did NHL legend Claude Lemieux die?Hockey legend Claude Lemieux, a four-time Stanley Cup winner, has passed away at 60. Lemieux was celebrated for his fierce playoff performa...
Supreme Court mandates virtual hearings, WFH amid war-driven fuel conservation pushThe Supreme Court of India is adopting new measures to conserve fuel. All miscellaneous hearings will now be conducted via video-conferenci...
Viral video shows motorcycle left dangling from traffic light, hanging from one wheel after horrific Canada crashMotorcycle crash Canada: A motorcycle crash near the Surrey-Delta border sent a bike dangling from a traffic light, leaving one rider with ...
Three Indian-origin men convicted of couple's murder in CanadaA Canadian court has convicted three men of Indian origin for the first-degree murder of Arnold and Joanne De Jong. The couple was found de...
Who was Brandon Malcolm? Cop killed in motorcycle crash on Highway 401 in OntarioAn Ontario Provincial Police officer died in a motorcycle crash on Highway 401 in Cobourg. Sergeant Brandon Malcolm was on duty when the si...
Canada: Ontario moves to prioritise local ties in medical residency rules for international graduatesOntario is enacting new laws to give priority to medical residency applicants with provincial ties, including international graduates. This...
India notifies pact with US to check tax evasion by MNCsThis information will enable an enhanced level of assessment of tax risk .
India-US sign pact for exchange of reports to check tax evasion by MNCsThis agreement will enable both the countries to automatically exchange CbC reports filed by the ultimate parent entities.
MNCs now won't have to file CbC report in IndiaIndia has finalized bilateral competent authority arrangement for exchange of CbC reports with US.
US MNCs asked to submit financial information in 10 daysThe directive puts firms including Google, Facebook and IBM in a spot because of the short notice.
Mauritius joins global efforts to curb profit shifting by MNEsThe development also comes months after the island nation, long perceived to be a jurisdiction for alleged illegal fund flows into Indian s...
OECD issues standardised e-format for info exchange on BEPSThe move is part of larger efforts, agreed upon by G-20 countries, including India, to clamp down on activities that leads to Base Erosion ...
Companies prepare for BEPS with mock runs to fix potential tax problemsSeveral multinationals have initiated impact assessments to identify and fix potential problems in their tax reporting.
Country-by-country reporting implementation: not so simple after all!Against that background, the Report on Action 13, released in September 2014, provides a template for MNEs to report for each tax jurisdict...