Fiscal & Legal

Transfer Pricing and CbCR online tool from Mazars: Rapid, online identification and comparison of regulations in almost 50 countries

The Transfer Pricing and CbCR platforms provide an important tool for the rapid, online identification and comparison of regulations in 49 countries. The continuously expanding databases provide stakeholders with up-to-date information about transfer pricing in 47 countries and CbCR requirements in 49 countries, ranging from Argentina to Thailand, including Malta and most European states.

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Tax haven: EU removed eight countries from blacklist

The Council of the European Union announced Tuesday that the EU has amended its blacklist of jurisdictions that it deems uncooperative in tax matters, removing eight jurisdictions from that list.

EU finance ministers removed eight ‘entities’ – countries and territories – from the tax havens blacklist, while ruling out more transparency or sanctions.

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HSBC: $100m fine to settle US forex investigation

HSBC has agreed to pay just over $100m in penalties to settle a US Department of Justice probe into currency rigging. The payment comprises of $38.4m in restitution and a $63.1m fine, with the latter reflecting a 15pc reduction "in recognition of HSBC’s cooperation during the investigation and its extensive remediation".

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