Wake-up call for watchdog after inquiry
The Economics Committee conducting the inquiry into the performance of the Australian Securities and Investments Commission (ASIC) will address the role, structure and responsiveness of the regulator as well as its relationship with participants in the industry. Its report is expected to be tabled in the Senate by mid-May or June. On top of the specific recommendations that the report is likely to address, the inquiry has prompted a broader debate on the regulator’s role…
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Developing a multilateral instrument to modify bilateral tax treaties: OECD issues its paper on BEPS Action 15
Minter Ellison considers the main issues and options for taxation reform raised in the OECD’s new paper.
Minter Ellison outlines the hybrid recommendations made by the OECD, discusses their implications and provides some comment and insight.