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Qatar expands its capacity to fight international offshore tax avoidance and evasion

Today, in at the OECD Headquarters in Paris, His Excellency Khalid Bin Rashid Al-Mansouri, Ambassador of the State of Qatar to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the Deputy Secretary-General Masamichi Kono.




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OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13)

The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13).




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OECD seeks input on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures

Today the OECD is releasing a consultation document seeking stakeholder input on model mandatory disclosure rules. The model rules target promoters and service providers with a material involvement in the design, marketing or implementation of a CRS avoidance arrangements or offshore structure. They would require such intermediaries to disclose information on the scheme to their local tax authority.




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The Bahamas takes strong steps forward to join international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, The Hon. Kevin Peter Turnquest, Deputy Prime Minister and Minister of Finance of the Bahamas signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (“the Convention”) in the presence of OECD Secretary General Angel Gurria.




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Public comments received on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures

On 11 December 2017, interested parties were invited to provide comments on a discussion draft on model mandatory disclosure rules. The model rules are intended to target promoters and service providers with a material involvement in the design, marketing or implementation of CRS avoidance arrangements or offshore structures.




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Game over for CRS avoidance! OECD adopts tax disclosure rules for advisors

Today, the OECD has issued new model disclosure rules that require lawyers, accountants, financial advisors, banks and other service providers to inform tax authorities of any schemes they put in place for their clients to avoid reporting under the OECD/G20 Common Reporting Standard (CRS) or prevent the identification of the beneficial owners of entities or trusts.




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OECD releases additional guidance on the attribution of profits to a permanent establishment under BEPS Action 7

The additional guidance resulting sets out high-level general principles, which countries agree are relevant and applicable in attributing profits to PEs in accordance with applicable treaty provisions. It also provides examples on the attribution of profits to certain types of PEs arising from the changes to the PE definition under BEPS Action 7.




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Paraguay joins international efforts against tax evasion and avoidance

Paraguay signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 119th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion.




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OECD releases new guidance on the application of the approach to hard-to-value intangibles and the transactional profit split method under BEPS Actions 8-10

Today, the OECD released two reports containing Guidance for Tax Administrations on the Application of the Approach to Hard-to-Value Intangibles under BEPS Action 8; and Revised Guidance on the Application of the Transactional Profit Split Method under BEPS Action 10.




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Antigua and Barbuda becomes the 125th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance

Antigua and Barbuda today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. It is the 125th jurisdiction to join the Convention.




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OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13)

The Inclusive Framework on BEPS has released additional interpretative guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13).




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OECD clamps down on CRS avoidance through residence and citizenship by investment schemes

As part of its work to preserve the integrity of the CRS, the OECD has published the results of its analysis of over 100 CBI/RBI schemes offered by CRS-committed jurisdictions, identifying those schemes that potentially pose a high-risk to the integrity of CRS.




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Ecuador joins international efforts against tax evasion and avoidance

Ecuador today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 126th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion. The Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) was also signed.




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OECD releases guidance on Synthesised texts for providing clarity on the impact of the Multilateral Instrument

This new guidance presents a clear overview of the modifications to tax treaties resulting from the Multilateral BEPS Convention which entered into force on 1 July 2018. A Secretariat note, also released today, clarifies the entry into effect rules for tax treaties of jurisdictions that deposited their ratification instruments last September.




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Mauritania joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, H.E. Aichetou Mint M’Haiham, Ambassador of Mauritania to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. Mauritania is the 127th jurisdiction to join the Convention.




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Dominica joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, H.E. Sharlene Shillingford-McKlmon, Ambassador of Dominica to the European Union, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention). Dominica is the 128th jurisdiction to join the Convention.




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Serbia joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Slavica Savicic, State Secretary for Finance of the Republic of Serbia, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Jeffrey Schlagenhauf. Serbia is the 129th jurisdiction to join the Convention.




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Montenegro joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Biljana Peranović, Director General of the Directorate for Tax and Customs of Montenegro, signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Director of Legal Affairs, Nicola Bonucci. Montenegro is the 130th jurisdiction to join the Convention.




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Jordan joins the Global Forum on Tax Transparency and the Inclusive Framework on BEPS

Jordan joins the international fight against tax evasion by becoming the 158th member of the Global Forum.




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OECD releases guidance on the spontaneous exchange by no or only nominal tax jurisdictions

As part of BEPS Action 5 to curb harmful tax practices, jurisdictions may only maintain preferential regimes if certain "substantial activities" requirements are met. In order to ensure a level playing field, these requirements must also apply to jurisdictions with zero or only nominal tax rates.




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OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting

The OECD/G20 Inclusive Framework on BEPS has released additional interpretative guidance to give greater certainty to tax administrations and MNE Groups on the implementation and operation of Country-by-Country (CbC) Reporting (BEPS Action 13).




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Armenia and Italy agree on OECD/UNDP Tax Inspectors Without Borders partnership to combat international tax avoidance and evasion

A signing ceremony between the Italian Revenue Agency (Agenzia delle Entrate) and the State Revenue Committee of Armenia took place at the OECD today, establishing work plans for two assistance programmes initiated through Tax Inspectors Without Borders (TIWB) – a joint OECD/UNDP capacity building initiative.




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Benin, Bosnia and Herzegovina, Cabo Verde, Mongolia and Oman join the most powerful multilateral instrument against offshore tax evasion and avoidance

On the occasion of the 10th Plenary Meeting of the Global Forum a further five countries signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, therewith bringing the total number of participating in the Convention to 135.




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Jordan signs landmark agreement to strengthen its tax treaties

Jordan has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 93rd jurisdiction to join the Convention, which now covers over 1,653 bilateral tax treaties.




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OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting

The Inclusive Framework on BEPS has released additional interpretative guidance to give greater certainty to tax administrations and MNE Groups on the implementation and operation of Country-by-Country Reporting (BEPS Action 13).




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Togo joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Calixte Batossie Madjoulba, Ambassador of Togo in France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. Togo is the 136th jurisdiction to join the Convention.




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OECD releases Transfer Pricing Guidance on Financial Transactions

The report is significant because it is the first time the OECD Transfer Pricing Guidelines include guidance on the transfer pricing aspects of financial transactions, which will contribute to consistency in the interpretation of the arm’s length principle and help avoid transfer pricing disputes and double taxation.




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Gold Supplement to the OECD Due Diligence Guidance

This guidance addresses the unique due diligence challenges posed by gold, such as its intrinsic high-value and fungible nature, the non-linear structure of its supply chain, and its multiple downstream uses.




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Jordan signs OECD agreement to strengthen investment climate

Jordan has become the 46th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. This adherence bears witness to the determination that Jordan holds towards strengthening the liberalisation of investment, increasing its integration into the world economy and promoting responsible business conduct.




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Public consultation on the FAO-OECD guidance for responsible agricultural supply chains

This public consultation was held to gather comments on the draft FAO-OECD guidance for responsible agricultural supply chains which is designed to help enterprises observe standards of responsible business conduct along their agricultural supply chains. The deadline for comment was 20 February 2015.




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Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.




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Launch of the OECD-FAO Guidance for Responsible Agricultural Supply Chains

11 March, Paris, France: This high-level launch event included a panel discussion that addressed the potential impacts of companies operating in agricultural supply chains on human, labour and tenure rights.




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New OECD guidance aims to reduce corruption in aid sector

New international guidance on fighting corruption in the development sector goes into effect today, backed by more than 40 countries, with progress on agreed recommendations to be monitored by the OECD Working Group on Bribery.




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OECD and IBA join forces to develop practice guidance to equip lawyers in fight against corruption

Following on from the London Anti-Corruption Summit which took place in May 2016, the OECD and the International Bar Association (IBA) have agreed to form a task force to develop professional conduct standards and practice guidance for lawyers involved in establishing and advising on international commercial structures and recommended actions for governments.




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New OECD due diligence guidance targets the garment and footwear sector

8/2/2017 - The OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector will help enterprises to identify and prevent potential negative impacts related to human rights, labour, the environment and corruption in garment and footwear supply chains worldwide.




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Public Consultation: Due Diligence Guidance for Responsible Business Conduct

The OECD is developing a general Due Diligence Guidance for Responsible Business Conduct to provide practical support to companies on the implementation of the OECD Guidelines for Multinational Enterprises. The Due Diligence Guidance contains plain language explanations of the due diligence recommendations and associated provisions in the OECD Guidelines and can be used by companies in any sector of the economy.




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Alignment assessment of industry programmes with the OECD minerals guidance

The OECD Due Diligence Guidance is being used as the basis and benchmark by many industry initiatives created to ensure the responsible sourcing of minerals. This report presents the findings of a pilot alignment assessment of five industry programmes against the recommendations of the OECD Guidance to gauge the coherence, effectiveness and credibility of these initiatives.




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Women and Financial Education: Evidence, Policy Responses and Guidance

This book addresses gender differences in financial literacy and reviews policy responses and initiatives across the world to tackle women’s and girls’ needs, drawing lessons from existing experiences.




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G20-OECD Policy Guidance Financial Consumer Protection Approaches in the Digital Age

The increasingly digital environment for financial products and services and the potential for digitalisation to support greater financial inclusion and inclusive growth, makes effective financial consumer protection more important than ever. This policy guidance focuses on areas related to the role of oversight bodies and disclosure and transparency.




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G20-OECD INFE Policy Guidance Digitalisation and Financial Literacy

The digitalisation of financial products and services, and the consequent need to strengthen digital financial literacy has become an important component of the global policy-making agenda. This guidance aims to identify and promote effective initiatives that enhance digital and financial literacy in light of the unique characteristics, advantages, and risks of digital financial services and channels.




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Turkey Exports to Jordan

Exports to Jordan in Turkey increased to 53651.70 USD THO in March from 46906.99 USD THO in February of 2020. Exports to Jordan in Turkey averaged 62706.66 USD THO from 2014 until 2020, reaching an all time high of 121704 USD THO in September of 2015 and a record low of 36495 USD THO in August of 2014. This page includes a chart with historical data for Turkey Exports to Jordan.




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OECD, BSR and Danone launch 3-year initiative to strengthen inclusive growth through public-private collaboration

Business and government should work more closely together to reduce inequality and foster inclusive growth. To help achieve this, at the Paris Peace Forum, Gabriela Ramos, OECD Chief of Staff, G7/G20 Sherpa and leader of the OECD’s Inclusive Growth Initiative, and Emmanuel Faber, Chairman & CEO of Danone, launched the Business for Inclusive Growth (B4IG) Platform.




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The Competitiveness of Global Port-Cities: The Case of Danube Axis, Slovak Republic

This working paper offers an evaluation of the performance of the inland ports of the Slovak Republic within the framework of the Danube Axis, an analysis of the impact of the ports on their territory and an assessment of policies in this field. It examines port performance over the last decades and identifies the principal factors that have contributed to it.




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Public Investment Toolkit: Guidance for regional & local government

This online resource will guide you in implementing the OECD Principles on Effective Public Investment Across Levels of Government. In addition to better familiarising yourself with the 12 Principles, the Toolkit lets you compare indicators and best practices in use in numerous countries, regions and municipalities.




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Anti-avoidance rules against international tax planning: A classification

This paper describes the main anti-avoidance rules against international tax planning by multinational enterprises in OECD and G20 countries.




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Gold Supplement to the OECD Due Diligence Guidance

This guidance addresses the unique due diligence challenges posed by gold, such as its intrinsic high-value and fungible nature, the non-linear structure of its supply chain, and its multiple downstream uses.




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Public Enforcement and Corporate Governance in Asia: Guidance and Good Practices

This book presents a study of the corporate governance legal framework and enforcement by capital market regulators in participating Asian jurisdictions.




dan

Public consultation on the FAO-OECD guidance for responsible agricultural supply chains

This public consultation was held to gather comments on the draft FAO-OECD guidance for responsible agricultural supply chains which is designed to help enterprises observe standards of responsible business conduct along their agricultural supply chains. The deadline for comment was 20 February 2015.




dan

Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector

This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015.




dan

New OECD due diligence guidance targets the garment and footwear sector

8/2/2017 - The OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector will help enterprises to identify and prevent potential negative impacts related to human rights, labour, the environment and corruption in garment and footwear supply chains worldwide.