A regional meeting on tax and digitalisation for Asia and the Pacific , co-hosted by the Asian Development Bank (ADB) in collaboration with the Organisation for Economic Co-operation and Development (OECD), took place in Manila, the Philippines on 19-20 November 2019.

On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in Paris will bring together more than 500 delegates from 131 member jurisdictions for renewed discussions on efforts to advance the tax transparency agenda.

Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis.

As part of continuing efforts to address BEPS concerns, the Inclusive Framework on BEPS has now assessed 112 jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package.

The OECD today published two self-assessment maturity models on tax debt management and the reduction of compliance burdens, both critical areas for successful tax administration. Maturity models set out descriptions of capabilities and performance in a particular function or set of activities across a number of levels of increasing maturity, in the case of these models from an emerging to an aspirational level.

North Macedonia has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 94th jurisdiction to join the Convention, which now covers over 1,650 bilateral tax treaties.

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework), the OECD invites public comments on the Review of the BEPS Action 13 minimum standard.

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.

New economic analysis shows that a proposed solution to the tax challenges arising from the digitalisation of the economy under negotiation at the OECD would have a significant positive impact on global tax revenues.

As part of the Inclusive Framework’s work relating to the tax challenges arising from the digitalisation of the economy, the OECD has been carrying out an economic analysis and impact assessment of the Pillar 1 and Pillar 2 proposals. Please join a live webcast with experts from the OECD to learn more about this work, which will include a presentation of preliminary results on the revenue and investment effects of the proposals.

The work on BEPS Action 14 continues with today's publication of the eighth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

Today, the OECD released IT-formats and guidance to support the technical implementation of the OECD Treaty Relief and Compliance Enhancement (TRACE) initiative, as well as to facilitate the wider use of the OECD Common Transmission System (CTS) for the exchange of information between tax administrations.

On 6 Feburary 2020, interested parties were invited to provide comments on the Review of the BEPS Action 13 minimum standard. The OECD is grateful to the commentators for their input and now publishes the public comments received.

Progress continues with the implementation of the BEPS package, as the OECD releases the second peer review assessing countries’ efforts to implement the Action 6 minimum standard as agreed under the OECD/G20 BEPS Project.

In the light of the worsening global impacts of Covid-19 on individual taxpayers, businesses and the wider economy, the OECD Forum on Tax Administration (FTA) has today published a global reference document setting out actions that FTA tax administrations are currently taking to support taxpayers.

The OECD Forum on Tax Administration (FTA), in collaboration with the Intra-European Organisation of Tax Administrations (IOTA) and the Inter-American Center of Tax Administrations (CIAT), has today published a reference document on critical business continuity considerations for tax administrations in the context of the COVID-19 pandemic.

The work on BEPS Action 14 continues with today's publication of the stage 2 peer review monitoring reports of the seven jurisdictions in batch 2: Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden.

Labour taxes on the average worker across OECD countries continued to decline for the sixth consecutive year in 2019, according to a new OECD report.

Exports (Bop) - Food And Tobacco Intermediate Products in Canada increased to 534.20 CAD Million in March from 459 CAD Million in February of 2020. Exports (Bop) - Food And Tobacco Intermediate Prod in Canada averaged 249.03 CAD Million from 1988 until 2020, reaching an all time high of 617.40 CAD Million in February of 2016 and a record low of 37 CAD Million in December of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food And Tobacco Intermediate.

Exports (Bop) - Food, Beverage And Tobacco Products in Canada increased to 2685.50 CAD Million in March from 2594.50 CAD Million in February of 2020. Exports (Bop) - Food, Beverage And Tobacco Product in Canada averaged 1423.40 CAD Million from 1988 until 2020, reaching an all time high of 2808.70 CAD Million in December of 2016 and a record low of 425.60 CAD Million in March of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food, Beverage And Tobacco Pro.

Exports (Bop) - Forestry Products&Building&Packaging Materials in Canada increased to 3479 CAD Million in March from 3391.40 CAD Million in February of 2020. Exports (Bop) - Forestry Products&Building&Packagi in Canada averaged 3120.28 CAD Million from 1988 until 2020, reaching an all time high of 4531.80 CAD Million in May of 2004 and a record low of 1596 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Forestry Products&building&pac.

Exports (Bop) - Industrial Machinery, Equipment And Parts in Canada decreased to 3216.10 CAD Million in March from 3433.70 CAD Million in February of 2020. Exports (Bop) - Industrial Machinery, Equipment An in Canada averaged 1857.42 CAD Million from 1988 until 2020, reaching an all time high of 3544.10 CAD Million in August of 2019 and a record low of 469 CAD Million in January of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Industrial Machinery, Equipmen.

Exports (Bop) - Logging, Mining&Construction Machinery&Equipment in Canada decreased to 161.90 CAD Million in March from 182.40 CAD Million in February of 2020. Exports (Bop) - Logging, Mining&Construction Machi in Canada averaged 110.67 CAD Million from 1988 until 2020, reaching an all time high of 200 CAD Million in June of 2018 and a record low of 26 CAD Million in January of 1992. This page includes a chart with historical data for Canada Exports of (bop) - Logging, Mining&construction M.

Exports of (bop) - Metalworking Machinery in Canada increased to 27.50 CAD Million in March from 21.10 CAD Million in February of 2020. Exports of (bop) - Metalworking Machinery in Canada averaged 27.46 CAD Million from 1988 until 2020, reaching an all time high of 63.10 CAD Million in October of 1997 and a record low of 4.40 CAD Million in July of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Metalworking Machinery.

Exports of (bop) - Building and Packaging Materia in Canada increased to 2483.80 CAD Million in March from 2400.20 CAD Million in February of 2020. Exports of (bop) - Building and Packaging Materia in Canada averaged 1790.14 CAD Million from 1988 until 2020, reaching an all time high of 2843 CAD Million in May of 2004 and a record low of 603.40 CAD Million in December of 1990. This page includes a chart with historical data for Canada Exports of (bop) - Building And Packaging Materia.

Exports (Bop) - Clothing, Footwear And Accessories in Canada decreased to 172.20 CAD Million in March from 220.10 CAD Million in February of 2020. Exports (Bop) - Clothing, Footwear And Accessories in Canada averaged 187.63 CAD Million from 1988 until 2020, reaching an all time high of 333.20 CAD Million in July of 2002 and a record low of 36.80 CAD Million in December of 1990. This page includes a chart with historical data for Canada Exports of (bop) - Clothing, Footwear And Accesso.

Exports (Bop) - Commercial And Service Industry Machinery in Canada decreased to 289.80 CAD Million in March from 378.80 CAD Million in February of 2020. Exports (Bop) - Commercial And Service Industry Ma in Canada averaged 178.65 CAD Million from 1988 until 2020, reaching an all time high of 438.80 CAD Million in March of 2001 and a record low of 38 CAD Million in December of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Commercial And Service Industr.

Exports (Bop) - Agricultural, Lawn&Garden Machinery&Equipment in Canada increased to 123.10 CAD Million in March from 115.60 CAD Million in February of 2020. Exports (Bop) - Agricultural, Lawn&Garden Machiner in Canada averaged 90.02 CAD Million from 1988 until 2020, reaching an all time high of 173.60 CAD Million in November of 1997 and a record low of 42.20 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Agricultural, Lawn&garden Mach.

Imports (Bop) - Food And Tobacco Intermediate Products in Canada increased to 307.40 CAD Million in March from 257 CAD Million in February of 2020. Imports (Bop) - Food And Tobacco Intermediate Prod in Canada averaged 177.85 CAD Million from 1988 until 2020, reaching an all time high of 329.30 CAD Million in April of 2014 and a record low of 55.10 CAD Million in September of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Food And Tobacco Intermediate.

Imports of (bop) - Tobacco Products in Canada increased to 97 CAD Million in March from 84.30 CAD Million in February of 2020. Imports of (bop) - Tobacco Products in Canada averaged 53.60 CAD Million from 1988 until 2020, reaching an all time high of 227.80 CAD Million in September of 2019 and a record low of 2.40 CAD Million in July of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Tobacco Products.

Imports (Bop) - Stone, Sand, Gravel, Clay,&Refractory Minerals in Canada increased to 55.10 CAD Million in March from 51.10 CAD Million in February of 2020. Imports (Bop) - Stone, Sand, Gravel, Clay,&Refract in Canada averaged 33.84 CAD Million from 1988 until 2020, reaching an all time high of 72.90 CAD Million in July of 2018 and a record low of 12.20 CAD Million in December of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Stone, Sand, Gravel, Clay,&ref.

Imports of (bop) - Special Transactions Trade in Canada increased to 908.60 CAD Million in March from 834.20 CAD Million in February of 2020. Imports of (bop) - Special Transactions Trade in Canada averaged 467.58 CAD Million from 1988 until 2020, reaching an all time high of 996.80 CAD Million in January of 2020 and a record low of 177.70 CAD Million in February of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Special Transactions Trade.

Imports of (bop) - Radioactive Ores and Concentra in Canada remained unchanged at 0 CAD Million in March from 0 CAD Million in February of 2020. Imports of (bop) - Radioactive Ores and Concentra in Canada averaged 23.96 CAD Million from 1988 until 2020, reaching an all time high of 230.20 CAD Million in August of 2011 and a record low of 0 CAD Million in February of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Radioactive Ores And Concentra.

Imports (Bop) - Prepared And Packaged Seafood Products in Canada increased to 224.20 CAD Million in March from 203.60 CAD Million in February of 2020. Imports (Bop) - Prepared And Packaged Seafood Prod in Canada averaged 132.27 CAD Million from 1988 until 2020, reaching an all time high of 251.10 CAD Million in September of 2016 and a record low of 43.80 CAD Million in April of 1990. This page includes a chart with historical data for Canada Imports of (bop) - Prepared And Packaged Seafood.

Imports (Bop) - Pharmaceutical And Medicinal Products in Canada increased to 1826.70 CAD Million in March from 1786.80 CAD Million in February of 2020. Imports (Bop) - Pharmaceutical And Medicinal Produ in Canada averaged 772.14 CAD Million from 1988 until 2020, reaching an all time high of 2084 CAD Million in December of 2019 and a record low of 80.90 CAD Million in April of 1989. This page includes a chart with historical data for Canada Imports of (bop) - Pharmaceutical And Medicinal P.

Imports of (bop) - Metalworking Machinery in Canada decreased to 102.50 CAD Million in March from 123.70 CAD Million in February of 2020. Imports of (bop) - Metalworking Machinery in Canada averaged 85.39 CAD Million from 1988 until 2020, reaching an all time high of 167.80 CAD Million in September of 1999 and a record low of 26.30 CAD Million in September of 1992. This page includes a chart with historical data for Canada Imports of (bop) - Metalworking Machinery.

Iraq recorded a Current Account surplus of 13954.50 USD Million in 2017. Current Account in Iraq averaged 4753.50 USD Million from 1988 until 2017, reaching an all time high of 32344 USD Million in 2008 and a record low of -15410 USD Million in 2001. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Iraq Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a Current Account surplus of 4.90 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Iraq averaged -0.60 percent from 2001 until 2018, reaching an all time high of 12.70 percent in 2008 and a record low of -24 percent in 2004. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Iraq Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Gambia increased to 2526253675 GMD Thousand in 2018 from 2519157817 GMD Thousand in 2017. GDP From Manufacturing in Gambia averaged 1661687601.67 GMD Thousand from 1995 until 2018, reaching an all time high of 2941519749 GMD Thousand in 2015 and a record low of 795430 GMD Thousand in 1995. This page provides - Gambia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gambia recorded a Current Account deficit of 19 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Gambia averaged -7.25 percent from 1978 until 2018, reaching an all time high of 12.10 percent in 1988 and a record low of -37.57 percent in 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Gambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gambia recorded a Current Account surplus of 4.07 USD Million in the first quarter of 2019. Current Account in Gambia averaged -20.78 USD Million from 2001 until 2019, reaching an all time high of 43 USD Million in the first quarter of 2010 and a record low of -89.11 USD Million in the fourth quarter of 2005. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Gambia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Chile's tax-to-GDP ratio in 2018 (21.1%) was below the LAC average (23.1%)¹ in this year's Revenue Statistics in Latin America and the Caribbean publication by 2.0 percentage points and below the OECD average (34.3%).

Burundi recorded a Current Account deficit of 361.80 USD Million in 2018. Current Account in Burundi averaged -125.10 USD Million from 1985 until 2018, reaching an all time high of 10.45 USD Million in 1995 and a record low of -395.10 USD Million in 2014. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Burundi Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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

This Working Group on Bribery consultation with the private sector and civil society focused on collective action in the fight against foreign bribery.

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.

Denmark’s enforcement of its foreign bribery laws has been weak. Only 13 foreign bribery allegations have surfaced, and sanctions have been imposed in just one case that falls under the Convention. Law enforcement authorities have not been sufficiently proactive, and cases have been prematurely closed without complete investigations. Denmark must take more investigative steps and make greater efforts to gather evidence from abroad.

The Czech government must urgently engage with the private sector to raise awareness, says a new OECD report. The awareness of the Czech foreign bribery offence remains regrettably low among companies, despite the recent adoption of a comprehensive corporate liability regime that holds Czech companies liable for this crime.

Co-organised by the Confederation of Indian Industry (CII) and the OECD in New Delhi, discussions at this seminar focused on corruption challenges facing Indian companies today and what can be done to overcome these challenges.