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Tax Side Events: 2017 ECOSOC Forum on Financing for Development follow-up

A portfolio of relevant side events will complement the official programme of the 2017 ECOSOC Forum on Financing for Development follow-up (22-25 May 2017) and provide additional space for all stakeholders and participants to discuss substantive matters in greater detail.




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The Platform for Collaboration on Tax delivers a toolkit to help developing countries address the lack of comparables for transfer pricing analyses and better understand mineral product pricing practices

The Platform for Collaboration on Tax (PCT) – a joint initiative of the International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (UN) and World Bank Group – has published a toolkit to provide practical guidance to developing countries to better protect their tax bases.




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Falls in tax revenue weaken domestic resource mobilisation in developing Asia

The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.




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OECD announces further developments in BEPS implementation

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). The Inclusive Framework also approved updates to the results for preferential regime reviews conducted by the Forum on Harmful Tax Practices (FHTP) in connection with BEPS Action 5.




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Countries must strengthen tax systems to meet Sustainable Development Goals

Major international organizations -including the IMF, OECD, UN and World Bank Group- today called on governments from around the world to strengthen and increase the effectiveness of their tax systems to generate the domestic resources needed to meet the Sustainable Development Goals (SDGs) and promote inclusive economic growth.




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OECD and IGF invite comments on a draft practice note that will help developing countries address profit shifting from their mining sectors via excessive interest deductions

Building on BEPS Action 4, this practice note has been prepared by the OECD under a programme of co-operation with the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), to help guide tax officials on how to strengthen their defences against BEPS. Deadline for comment: 18 May 2018.




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OECD and IGF invite comments on a draft toolkit that will help developing countries to identify and cost potential behavioural responses by mining investors to tax incentives

This draft toolkit has been prepared by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), under a programme of co-operation with the OECD, to help governments anticipate and limit the cost of mining tax incentives. It is part of wider efforts to address some of the challenges developing countries are facing in raising revenue from their mining sectors.




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OECD, government officials and parliamentarians discuss developments in international tax co-operation at high-level meeting in Georgia

Over 70 participants from 20 countries in Europe and Central Asia gathered Georgia for a high-level regional event on Developments in International Tax Co-operation on 17-18 July 2018. Participants discussed policy responses to fighting tax evasion and avoidance, as well as the opportunities and challenges presented by the practical implementation of international standards on tax transparency and BEPS.




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OECD and Norway agree new partnership to help developing countries address taxation challenges

The Organisation for Economic Co-operation and Development (OECD) and Norway agreed today to gear up efforts to help developing countries address their domestic resource mobilisation challenges in order to finance the Sustainable Development Goals.




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Tax Inspectors Without Borders making significant progress towards strengthening developing countries' ability to effectively tax multinational enterprises

An innovative international co-operation initiative that deploys qualified experts in developing countries to strengthen their ability to effectively tax multinational enterprises has achieved significant milestones over the past year, according to a new annual report.




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OECD and IGF release first set of practice notes for developing countries on BEPS risks in mining

The OECD’s Centre for Tax Policy and Administration and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) are collaborating to address some of the challenges developing countries face in raising revenue from their mining sectors. Under this partnership, a series of practice notes and tools are being developed for governments.




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OECD and the Netherlands discuss developments in international tax co-operation

OECD Deputy Secretary-General Ludger Schuknecht and Pascal Saint-Amans, Director of the Centre for Tax Policy and Administration, met today in Paris with Mr. Menno Snel, State Secretary for Finance in The Netherlands, for wide-ranging discussions on international co-operation in the field of taxation, notably as concerns tackling tax evasion.




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The Role of Tax Morale in Development

The Task Force on Tax and Development organised this conference on the role of tax morale in development which introduced new research undertaken by the OECD on the drivers of tax morale in developing countries.




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Tax Morale and Integrity in Developing Countries

As part of OECD Integrity Week 2019 (18-22 March), this event will bring together international experts to discuss these issues of integrity, transparency and trust in the tax system, and the research, tools and approaches needed to identify and implement policies to increase tax morale.




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Platform for Collaboration on Tax invites comments on a draft toolkit designed to help developing countries with the implementation of transfer pricing documentation requirements

The Platform for Collaboration on Tax – a joint initiative of the IMF, OECD, UN and World Bank Group – is seeking feedback from the public on a draft toolkit designed to help developing countries in the implementation of effective transfer pricing documentation requirements.




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Global Forum and Asian Development Bank delivered a training in Georgia on the implementation of the international tax transparency standards

The Global Forum and the Asian Development Bank held a joint training event on the Exchange of Information on Request Peer Reviews and Implementation of the Automatic Exchange of Information Standard from 17 January to 31 January 2020 in Tbilisi, Georgia.




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The Global Forum and the African Development Bank strengthen their collaboration

The Global Forum on Transparency and Exchange of Information for Tax Purposes visited the Headquarter of the African Development Bank (AfDB) on 3-4 February 2020 to discuss the tax transparency agenda in Africa.




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Platform for Collaboration on Tax: International organisations move to help developing countries improve tax systems

The world's four leading multilateral organisations working in the tax area have established their first integrated website containing information on how low- and middle-income countries can strengthen tax systems and mobilise the domestic revenue they need to address some of their urgent development challenges—including the COVID-19 pandemic.




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Serious Concerns Remain over Japan’s Enforcement of Foreign Bribery Law, Despite Some Positive Developments

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.




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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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Green Growth and Sustainable Development Forum 2013: How to unlock investment in support of green growth?

The 2013 Forum was held on 5-6 December and discussed how governments can improve their investment policy framework to reduce the risk and attract long-term private finance in support of green growth.




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Fact finding survey on investment treaty law, sustainable development responsible business conduct

This survey was presented at the Informal ministerial meeting on responsible business conduct held in Paris on 26 June 2014.




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How to connect trade, investment and development

The Netherlands last chaired the OECD Ministerial Council Meeting in 1991, a year when advanced economies accounted for nearly two thirds of global GDP and almost two billion people were living in extreme poverty. The world looks very different today. Emerging markets now account for more than half of global GDP and the number of people living in extreme poverty is down to one billion.




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Asia-Pacific conference on aligning corporate sustainability with sustainable development goals

With a focus on the Asia-Pacific region, this conference addressed what the Sustainable Development Goals will mean for business and how business sustainability strategies can be aligned to support their implementation.




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China signs cooperation agreements with OECD and joins OECD Development Centre

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.




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OSAA-OECD high-level event on leveraging pension funds for financing infrastructure development in Africa

Addis Ababa - Part of the 3rd International Conference on Financing for Development, this event explored strategies to leverage Africa’s pension funds and other sources of private financing to develop Africa’s infrastructure. Ways to improve the investment climate in Africa using the recently updated Policy Framework for Investment were also be addressed.




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OECD’s Gurría urges countries to act on UN Sustainable Development Goals

OECD Secretary-General Angel Gurría today called on all countries to fully engage with the new Sustainable Development Goals (SDGs) and said advanced and emerging economies had a particular responsibility to translate the global goals into national policy and to support developing countries in doing the same.




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Trends in foreign direct investment and their implications for development

Foreign direct investment can play an important role in financing development, with multinational enterprises also providing employment, technology transfer and access to international markets. This chapter from the 2016 Development Co-operation report examines these trends, the main factors shaping them and their implications.




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COP22 session on enabling policies for green investment and development

9 November 2016, Marrakesh - This COP22 side event will focus on the role of policies and domestic enabling conditions to encourage private investment in green infrastructure in developing countries, drawing on lessons learned from country-specific experiences in Jordan and Viet Nam.




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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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Skills Development Pathways in Asia: Employment and Skills Strategies in Southeast Asia initiative (ESSSA)

Skills and educational development for inclusive and sustainable growth are becoming significant drivers in OECD countries.




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Global value chains offer opportunities for growth, jobs and development, but more must be done so all countries and firms can participate equally, according to a new OECD-WTO-World Bank Group report

Global Value Chains (GVCs) are a dominant feature of the world economy that impact growth, jobs and development, but numerous challenges remain to ensure that all countries and all firms have the opportunity to participate and benefit.




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Job Creation and Local Economic Development in Australia

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Australia needs to shore up development aid to match its reinforced engagement

Australia’s active global engagement on development and its focus on fragile small island states and disaster risk reduction are commendable. However successive cuts to the country’s aid budget since 2013 are impairing its efforts, according to the latest DAC Peer Review of Australia.




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Serious Concerns Remain over Japan’s Enforcement of Foreign Bribery Law, Despite Some Positive Developments

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.




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Japan-OECD Policy Forum on Urban Development and Green Growth

The Japan-OECD Policy Forum on Urban Development and Green Growth will address cities’ unique role in creating synergies between environmental and economic objectives to advance green growth. Asian cities in particular are at the centre of this challenge. This event is organised as a commemorative event for the 50th Anniversary of Japan's Accession to the OECD.




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Emerging Asia to see healthy medium-term growth but institutional reforms will be critical for future, says the OECD Development Centre

While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.




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Job Creation and Local Economic Development in Japan

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Japan to rejoin the OECD Development Centre

Japan, one of the founding members of the OECD Development Centre, conveyed its intention to return as a member. Prime Minister Abe and Minister of Foreign Affairs Fumio Kishida confirmed Japan's commitment to the OECD Secretary General Gurría and Development Centre’s Director Mario Pezzini during their visit to Tokyo earlier this week.




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The OECD Development Centre welcomes Japan’s joining

Japan, one of the founding members of the OECD Development Centre, makes a welcome return to the Centre. Japan’s re-entry is one of the milestones during a seminal week of activities at the Organisation for Economic Co-operation and Development, including celebrating the 2016 OECD Week, holding its Ministerial Council Meeting and convening a High-Level Meeting of its Development Centre Governing Board.




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Falls in tax revenue weaken domestic resource mobilisation in developing Asia

The fourth annual edition of Revenue Statistics in Asian Countries covers seven countries, including Kazakhstan for the first time. It shows that the tax-to-GDP ratio in all these countries are lower than the OECD average of 34.3% in 2015, which highlights that scope remains for increasing tax mobilisation, especially in Indonesia, Kazakhstan, Malaysia and the Philippines to achieve sustainable growth.




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Job Creation and Local Economic Development in Austria

This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).




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Austria should set timeframe for 0.7% development aid target, says OECD

Austria should set a timeframe to increase its aid budget in line with a pledge to allocate 0.7% of its gross national income (GNI) to development aid, according to an OECD Review.




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Developments in the value of implicit guarantees for bank debt: The role of resolution regimes and practices

This report concludes that actual application of bail-ins, involving bondholders in loss sharing, could effectively reign in perceptions of implicit guarantees for bank debt. However, bail-ins are rare owing to concerns about contagion risks and depositor and investor protection, so implicit guarantees persist.




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Developing a funded pension system in Russia

Faced with the acute poverty of many Russian pensioners, the Russian government is engaged in wide-ranging systemic reforms. This report contributes to the policy discussion by identifying aspects of the system that may need to be reformed and describing the experience of other countries as a point of comparison.




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Developing Local Currency Bond Markets: A New Diagnostic Framework

Jointly developed by the IMF, World Bank, EBRD, and the OECD, this report analyses the main elements necessary to deepen domestic bond markets in emerging and developing economies.




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Green Growth and Sustainable Development Forum 2013: How to unlock investment in support of green growth?

The 2013 Forum was held on 5-6 December and discussed how governments can improve their investment policy framework to reduce the risk and attract long-term private finance in support of green growth.




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Sony Kapoor: The OECD must take charge of promoting long-term investment in developing country infrastructure

This blog post by Sony Kapoor, Managing Director, Re-Define International Think Tank, gives his view on why the OECD – which uniquely houses financial, development, infrastructure and environmental expertise under one roof – must take charge of promoting long-term investment in developing country infrastructure.




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The post-2015 agenda must steer a transformational shift towards sustainable development

As the Millennium Development Goals (MDGs) approach their expiry date, we must focus our efforts on ensuring a brighter, more inclusive and sustainable future for all. We face a plethora of common issues: growing inequalities; changing consumption patterns and population dynamics; increasing natural resource scarcity; and ongoing illicit financial flows.




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China signs cooperation agreements with OECD and joins OECD Development Centre

In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.