Chile: OECD Compliant Tax Transparency
Chile has enacted legislation enhancing access to bank information for the purposes of improved compliance with OECD standards on tax information exchange and increased transparency in financial transactions. Previously, legal restrictions prevented Chilean tax authorities from obtaining and…
Australia: Taxation on Subsequent Transfer of Art
The Resale Royalty for Visual Artists Act 2009, which was passed by the Australian Senate into law last week (November 26th) will mean Australia’s visual artists will receive a portion of the proceeds from the resale of their…