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The economy has changes, so must the tax

In our modern world, companies are finding it all too easy to game the international tax system to their advantage . It is increasingly incumbent on the global community to create an updated framework to ensure tax certainty and support international trade and investment.




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Public comments received on the draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy

On 19 February 2020, interested parties were invited to provide comments on the draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy. The OECD is grateful to the commentators for their input and now publishes the public comments received




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Canada Exports Metal And Non-Metallic Mineral Products

Exports (Bop) - Metal And Non-Metallic Mineral Products in Canada increased to 5374.80 CAD Million in March from 5284 CAD Million in February of 2020. Exports (Bop) - Metal And Non-Metallic Mineral Pro in Canada averaged 3283.02 CAD Million from 1988 until 2020, reaching an all time high of 6251.60 CAD Million in November of 2019 and a record low of 1243.70 CAD Million in January of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Metal And Non-metallic Mineral.




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Canada Exports Metal Ores And Non-Metallic Minerals

Exports (Bop) - Metal Ores And Non-Metallic Minerals in Canada decreased to 1618.90 CAD Million in March from 1735.80 CAD Million in February of 2020. Exports (Bop) - Metal Ores And Non-Metallic Minera in Canada averaged 905.38 CAD Million from 1988 until 2020, reaching an all time high of 2131.50 CAD Million in May of 2019 and a record low of 276 CAD Million in January of 1994. This page includes a chart with historical data for Canada Exports of (bop) - Metal Ores And Non-metallic Mi.




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Canada Exports of Canola

Exports of (bop) - Canola in Canada increased to 567.90 CAD Million in March from 500.90 CAD Million in February of 2020. Exports of (bop) - Canola in Canada averaged 208.39 CAD Million from 1988 until 2020, reaching an all time high of 844.80 CAD Million in January of 2017 and a record low of 18.20 CAD Million in September of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Canola.




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Canada Imports of Non-metallic Minerals

Imports of (bop) - Non-metallic Minerals in Canada increased to 97.60 CAD Million in March from 89.70 CAD Million in February of 2020. Imports of (bop) - Non-metallic Minerals in Canada averaged 54.17 CAD Million from 1988 until 2020, reaching an all time high of 141.50 CAD Million in July of 2018 and a record low of 20.90 CAD Million in January of 1991. This page includes a chart with historical data for Canada Imports of (bop) - Non-metallic Minerals.




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Canada Imports of Non-metallic Mineral Products

Imports of (bop) - Non-metallic Mineral Products in Canada decreased to 444 CAD Million in March from 453.10 CAD Million in February of 2020. Imports of (bop) - Non-metallic Mineral Products in Canada averaged 354.88 CAD Million from 1988 until 2020, reaching an all time high of 598.40 CAD Million in January of 2016 and a record low of 148.80 CAD Million in April of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Non-metallic Mineral Products.




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Canada Imports Metal Ores And Non-Metallic Minerals

Imports (Bop) - Metal Ores And Non-Metallic Minerals in Canada decreased to 1046.70 CAD Million in March from 1050.60 CAD Million in February of 2020. Imports (Bop) - Metal Ores And Non-Metallic Minera in Canada averaged 537.17 CAD Million from 1988 until 2020, reaching an all time high of 1411.10 CAD Million in December of 2018 and a record low of 118.90 CAD Million in February of 1992. This page includes a chart with historical data for Canada Imports of (bop) - Metal Ores And Non-metallic Mi.




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Canada Imports Metal And Non-Metallic Mineral Products

Imports (Bop) - Metal And Non-Metallic Mineral Products in Canada decreased to 3212.80 CAD Million in March from 3264.90 CAD Million in February of 2020. Imports (Bop) - Metal And Non-Metallic Mineral Pro in Canada averaged 2391.13 CAD Million from 1988 until 2020, reaching an all time high of 4422.90 CAD Million in August of 2014 and a record low of 752.40 CAD Million in December of 1991. This page includes a chart with historical data for Canada Imports of (bop) - Metal And Non-metallic Mineral.




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United States Imports of Chemicals - Inorganic Sitc

Imports of Chemicals - Inorganic Sitc in the United States increased to 972 USD Million in March from 845 USD Million in February of 2020. Imports of Chemicals - Inorganic Sitc in the United States averaged 861.48 USD Million from 1996 until 2020, reaching an all time high of 1790 USD Million in September of 2011 and a record low of 349 USD Million in June of 1996. This page includes a chart with historical data for the United States Imports of Chemicals - Inorganic Sitc.




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Norway Weapons Sales

Weapons Sales in Norway decreased to 64 USD Million in 2018 from 153 USD Million in 2017. Weapons Sales in Norway averaged 73.24 USD Million from 1950 until 2018, reaching an all time high of 278 USD Million in 1981 and a record low of 1 USD Million in 1950. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.




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The OECD acknowledges progress made, and says Mexico should further prioritise fighting foreign bribery

Mexico has improved, but needs to give greater priority to the criminal enforcement of bribery and ensure that its criminal law enforcement authorities have all the resources and expertise they need to seriously investigate all allegations, according to a new OECD report.




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Middle East and North Africa : Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report.




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Urgent action needed on jobs and governance in the Middle East and North Africa (MENA)

In response to increasing pressure to deliver on growth, jobs and better governance, policy makers from MENA and OECD reiterated their support for measures to strengthen the business climate and governance in the region.




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New Entrepreneurs and High Performance Enterprises in the Middle East and North Africa

The book assesses the current policy context for young enterprises in the MENA region and outlines policy tools and instruments, both indirect and direct, that governments can implement to support new enterprise development.




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Global Value Chains offer major opportunity for growth and progress in advanced and developing economies, according to OECD-WTO-UNCTAD report to G20

Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).




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New Zealand not immune from foreign bribery, says OECD

New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts.




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Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.




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Webcast on anti-corruption ethics and compliance tools from UNODC, OECD, World Bank

Based on the OECD-UNODC-World Bank Anti-Corruption Ethics and Compliance Handbook, this webcast organised by KPMG offered an opportunity for attendees to learn about and understand the value of anti-corruption and ethics compliance best practices and how to use them to enhance their programmes.




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Brazil closes legal loophole on foreign bribery: OECD hopes this will now translate into stepped up enforcement

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.




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Argentina seriously non-compliant with key articles of Anti-Bribery Convention, says OECD

The OECD Working Group on Bribery doubts Argentina’s commitment to fight foreign bribery. Argentina still has no law to punish companies for foreign bribery or prosecute its citizens who commit this crime abroad. Widespread delays continue to plague complex economic crime investigations.




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Infrastructure versus other investments in the global economy and stagnation hypotheses: What do company data tell us?

“Why do financial institutions and investors see so little risk, while companies investing in the real economy see so much risk?” This is perhaps the most important question facing policy makers today. This paper sets out some of the possible hypotheses for lack of investment in the world economy. It uses data drawn from 10 000 global companies in 75 advanced and emerging countries.




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Greece should tackle not only domestic corruption but also foreign bribery

The risk of Greek companies bribing foreign officials is substantial, but Greece has not given the same priority to fighting foreign bribery as it has to domestic corruption.




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Economic Outlook: Projections for Latin American countries

Latin American economic growth is set to recover during the second half of 2015 and gain further speed in 2016, though with notable differences across countries.




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The problem: Clean energy does not have enough profitable projects

OECD's Adrian Blundell-Wignall explains why clean energy projects are not attracting investors despite the availability of fund for investment. This paper was presented at a high-level breakfast event on institutional investors and the low-carbon transition hosted by the OECD Secretary-General during COP21 on 9 December 2015.




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Climate disclosure: knowledge powers change

Everybody is interested in the impacts of what companies are doing and the environmental practices and impacts of doing business are coming under increasing scrutiny. OECD Secretary-General Angel Gurría looks at how both governments and investors are ready to scale up climate disclosure and the use of climate information.




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Diagnostic of Chile’s Engagement in Global Value Chains

This OECD report lays an empirical foundation for structuring economic policies to facilitate Chile’s participation in global value chains and to maximise the associated benefits for national firms and workers.




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OECD to help put innovation at heart of G20 global growth strategy

Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.




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Mejorar la coordinación entre los distintos niveles de gobierno en Colombia permitirá a una inversión pública más eficiente

La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión.




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G20 Seminar on Corruption and Economic Growth: Highlights

17 October 2016, Paris: The G20 Chinese Presidency, the UK and the OECD jointly organised a Seminar on “Corruption and Economic Growth”. Expert panellists recognised the negative impact of corruption on economic growth and society at both the macro and micro level, and stressed the importance of strong political leadership in fighting corruption.




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Holding companies, not just individuals, responsible for corporate crime

Brandon L. Garrett is the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law and author of Convicting the Innocent (2011) and Too Big to Jail (2014). These comments on corporate criminal liability are a contribution to a public consultation conducted by the OECD Working Group on Bribery.




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Argentina must urgently enact Corporate Liability Bill to rectify serious non-compliance with Anti-Bribery Convention

Some 16 years after joining the OECD Anti-Bribery Convention, Argentina remains in serious non-compliance.




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Taking action on climate change will boost economic growth

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.




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Can better international co-operation help build a fairer global economy?

Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy.




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What’s holding back investment and innovation in renewable energy?

There is no shortage of capital available globally to finance renewable-energy projects. The financial sector encompasses more than €100 trillion of assets. So how is it that investment in renewable energy is not flowing faster? This article by OECD policy analyst Geraldine Ang proposes responses to the trillion-dollar question.




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The government role in mobilising investment and innovation in renewable energy

Successfully attracting investment and innovation in renewable energy requires not only core climate policies, such as pricing carbon, but also a focus on the broader investment environment. Based on new research from the OECD, this article reviews some of the main factors holding back investment and innovation in renewable energy and looks at what governments can do to take action.




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No Turning Back: 40 Years of the FCPA and 20 Years of the OECD Anti-Bribery Convention

9 November 2017, New York With the FCPA’s enactment 40 years ago and 20 years after the adoption of the OECD - Anti-Bribery Convention, the global fight against corruption has changed forever. This conference examined the major impact of these ground-breaking instruments on corporate behaviour and law enforcement priorities.




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Lithuania has made significant legislative reforms to fight foreign bribery and should now ensure effective anti-bribery enforcement

Lithuania has taken significant steps to strengthen its legislative framework to combat foreign bribery. Yet further efforts are needed to ensure effective enforcement of anti-bribery laws with regard to corporate liability and imposing sanctions for foreign bribery, including confiscation, according to a new report by the OECD Working Group on Bribery.




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The digital economy, multinational enterprises and international investment policy

This paper examines the implications of digitalisation and digital technologies for international investment and investment policy, with a particular focus on digital policies relating to national security and digital policies directed at business operations.




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Portugal 2 Year Note Yield

Portugal 2Y Bond Yield was -0.15 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Portugal 2 Year Note Yield reached an all time high of 21.71 in January of 2012.




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Long-Term Care in Norway

An overview of the long-term care situation in Norway is available here.




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Health: spending continues to outpace economic growth in most OECD countries

Health spending continues to rise faster than economic growth in most OECD countries, maintaining a trend observed since the 1970s. Health spending reached 9.5% of GDP on average in 2009, the most recent year for which figures are available, up from 8.8% in 2008, according to OECD Health Data 2011.




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Future Prospects for Industrial Biotechnology

This book examines international drivers, enabling technologies fast-tracking industrial biotechnology, industry trends, some products appearing on the market, industry structure and finance, and policy measures and trends. It examines separately biofuels, biobased chemicals and bioplastics.




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Health at a Glance 2011 Country note: Japan

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.




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Health at a Glance 2011 Country note: Korea

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.




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Health at a Glance 2011 Country note: Italy

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.




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Health at a Glance 2011 Country note: Australia

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.




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Health at a Glance 2011 Country note: United Kingdom

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.




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Health at a Glance 2011 Country note: United States

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.




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Health at a Glance 2011 Country note: Germany

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.