Public comments are invited on a discussion draft on financial transactions, which deals with follow-up work in relation to Actions 8-10 ("Assure that transfer pricing outcomes are in line with value creation") of the BEPS Action Plan.

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.

This report by the OECD/G20 Inclusive Framework on BEPS presents the current state of play in progressing its mandate. It outlines on the major developments in dealing with the tax challenges of the digitalised economy and the entry into force of the MLI, and shows how countries are progressing in the implementation of the BEPS package.

The Former Yugoslav Republic of Macedonia (FYROM) has become the 117th jurisdiction to join the Inclusive Framework on BEPS (“IF”).

Countries have used recent tax reforms to lower taxes on businesses and individuals, with a view to boosting investment, consumption and labour market participation, continuing a trend that started a couple of years ago, according to a new report from the OECD.

The OECD has published new transfer pricing country profiles for Costa Rica, Greece, Republic of Korea, Panama, Seychelles, South Africa and Turkey. In addition, it has also updated the information contained in Singapore’s profile. The country profiles are now available for 52 countries.

On 3 July 2018, interested parties were invited to provide comments on a discussion draft on financial transactions, which deals with follow-up work in relation to Actions 8-10 (“Assure that transfer pricing outcomes are in line with value creation”) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the public comments received.

Australia, France, Japan and the Slovak Republic have deposited their instrument of ratification or acceptance for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting with the OECD’s Secretary-General, therewith underlining their strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises.

The four partner organisations to the Platform for Collaboration on Tax (PCT) will discuss critical challenges and opportunities for mobilising domestic resources to meet countries’ development priorities, at the upcoming IMF-World Bank annual meetings in Bali, Indonesia.

The OECD is pleased to announce that jurisdictions are taking further action to prevent the misuse of RBI/CBI schemes by account holders by putting in place an exchange of information mechanism that will ensure that the information on applicants of RBI/CBI schemes will be made available to their jurisdiction(s) of tax residence.

Africa has sustained gains in domestic resource mobilisation made since 2000, as tax revenues remained stable in 2016, according to Revenue Statistics in Africa 2018. Providing internationally comparable data for 21 participating countries, the report finds that the average tax-to-GDP ratio was 18.2% in 2016, the same level as in 2015, which represents a strong improvement from 13.1% in 2000.

Over 60 delegates from 16 countries, international and regional organisations, business, civil society and academia gathered in Yerevan, Armenia on 7 - 9 November 2018 for a regional meeting of the Inclusive Framework on BEPS in Eastern Europe and Central Asia.

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.

Distance-based charges can help sustain tax revenues and improve environmental and mobility outcomes as future vehicles rely less on fossil fuels. According to a new report, tax revenue from diesel and gasoline use in private cars is likely to decline substantially in the coming decades. This would put stress on government budgets, particularly in countries where fuel tax revenues represent a large share of total revenue.

The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in the implementation of a key element in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide.

Tax Morale: What Drives People and Businesses to Pay Tax? assesses the various drivers behind voluntary compliance with tax obligations, particularly in developing countries where issues of governance are more acute.

The eighth edition of the OECD’s Tax Administration Series published today shows how tax administrations are increasingly moving to e-administration and using a range of technology tools, data sources and analytics to increase tax compliance.

Over 70 delegates from 14 countries, as well as international and regional organisations, business, and civil society gathered in Baku, Azerbaijan on 8-10 October 2019 for the Fifth Regional Meeting on BEPS for Eurasian Countries.

Over 50 delegates from 13 African countries, as well as international and regional organisations, technical co-operation agencies, Senegalese business, civil society and academia gathered in Saly, Senegal, on 15-17 October 2019 for the Third Regional Meeting on BEPS for Francophone Countries.

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

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.

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.

Today marks an important milestone for the OECD/UNDP Tax Inspectors Without Borders initiative (TIWB) with the launch of a project on automatic exchange of information. The project, which will be co-ordinated with the Global Forum on Transparency and Exchange of Information for Tax Purposes, was unveiled during its 10th Anniversary Meeting in Paris, France.

The work on BEPS Action 14 continues with today's publication of the seventh 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.

The Inclusive Framework on BEPS welcomes Honduras bringing to 137 the total number of countries and jurisdictions participating on an equal footing in the Project.

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.

Domestic resource mobilisation is a priority as a means to increase national capacity to finance the SDGs. Taxes are already the largest single source of financing, and have the potential for growth. As while the average level of taxes in developing countries remains low, countries have shown capacity to expand their revenues.

OECD Tax Policy Reviews: Seychelles 2020 provides an in-depth and comparative assessment of Seychelles’ tax system, and identifies a number of recommendations for tax reform. This publication, which is part of the OECD Tax Policy Reviews series, focused primarily on the examination of the business tax.

Due to the developing coronavirus emergency, the OECD has implemented a range of precautionary measures at its Paris headquarters. Multilateral efforts to address the tax challenges arising from digitalisation of the economy continue. The OECD Secretariat team is working full steam on the project and meetings with delegates are being held remotely.

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.

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.

Tax and fiscal policy responses are playing a critical role in limiting the hardship caused by containment measures, and should continue to do so as governments seek to support households and businesses, protect employment and pursue economic recovery from the global pandemic, according to new OECD analysis.

Exports of (bop) - Miscellaneous Goods and Suppli in Canada increased to 562.80 CAD Million in March from 487.60 CAD Million in February of 2020. Exports of (bop) - Miscellaneous Goods and Suppli in Canada averaged 435.99 CAD Million from 1988 until 2020, reaching an all time high of 1351.10 CAD Million in July of 2015 and a record low of 112.20 CAD Million in June of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Miscellaneous Goods And Suppli.

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) - Medium&Heavy Trucks, Buses&Other Motor Vehicles in Canada decreased to 497.40 CAD Million in March from 544.70 CAD Million in February of 2020. Exports (Bop) - Medium&Heavy Trucks, Buses&Other M in Canada averaged 341.06 CAD Million from 1988 until 2020, reaching an all time high of 776.40 CAD Million in May of 1999 and a record low of 105.70 CAD Million in August of 1992. This page includes a chart with historical data for Canada Exports of (bop) - Medium&heavy Trucks, Buses&oth.

Exports (Bop) - Cleaning Products, Appliances,&Miscellaneous in Canada increased to 906.60 CAD Million in March from 843.40 CAD Million in February of 2020. Exports (Bop) - Cleaning Products, Appliances,&Mis in Canada averaged 629.16 CAD Million from 1988 until 2020, reaching an all time high of 1635.80 CAD Million in July of 2015 and a record low of 142.30 CAD Million in March of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Cleaning Products, Appliances,.

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) - Basic Chemicals And Industrial Chemical Products in Canada decreased to 1423.40 CAD Million in March from 1587.20 CAD Million in February of 2020. Exports (Bop) - Basic Chemicals And Industrial Che in Canada averaged 1114.09 CAD Million from 1988 until 2020, reaching an all time high of 2146.90 CAD Million in July of 2008 and a record low of 287.30 CAD Million in December of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Basic Chemicals And Industrial.

Exports (Bop) - Basic&Industrial Chemical, Plastic Products in Canada decreased to 2611.80 CAD Million in March from 2750.50 CAD Million in February of 2020. Exports (Bop) - Basic&Industrial Chemical, Plastic in Canada averaged 1988.89 CAD Million from 1988 until 2020, reaching an all time high of 3322.70 CAD Million in July of 2008 and a record low of 492 CAD Million in December of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Basic&industrial Chemical, Pla.

Imports (Bop) - Unwrought Precious Metals&Precious Metal Alloys in Canada increased to 318 CAD Million in March from 296.60 CAD Million in February of 2020. Imports (Bop) - Unwrought Precious Metals&Precious in Canada averaged 284.46 CAD Million from 1988 until 2020, reaching an all time high of 1207.90 CAD Million in July of 2011 and a record low of 16 CAD Million in February of 1992. This page includes a chart with historical data for Canada Imports of (bop) - Unwrought Precious Metals&prec.

Imports of (bop) - Miscellaneous Goods and Suppli in Canada decreased to 1392 CAD Million in March from 1516.40 CAD Million in February of 2020. Imports of (bop) - Miscellaneous Goods and Suppli in Canada averaged 1091.92 CAD Million from 1988 until 2020, reaching an all time high of 1947.10 CAD Million in May of 2015 and a record low of 323.60 CAD Million in April of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Miscellaneous Goods And Suppli.

Canada recorded 65400 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Canada reported 4473 Coronavirus Deaths. This page includes a chart with historical data for Canada Coronavirus Cases.

Canada recorded 4473 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Canada reported 65400 Coronavirus Cases. This page includes a chart with historical data for Canada Coronavirus Deaths.

Canada recorded 29682 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Canada reported 4473 Coronavirus Deaths. This page includes a chart with historical data for Canada Coronavirus Recovered.

Imports - Coloring Agents & Photographic Chemicals (Census) in the United States increased to 1236.45 USD Million in March from 1180.53 USD Million in February of 2020. Imports - Coloring Agents & Photographic Chemicals in the United States averaged 632.30 USD Million from 1989 until 2020, reaching an all time high of 1260.98 USD Million in December of 2018 and a record low of 160.16 USD Million in March of 1989. This page includes a chart with historical data for the United States Imports of Coloring Agents & Photographic Chemica.

Imports - Coins, Gems, Jewelry & Collectibles (Census Basis) in the United States decreased to 1531.35 USD Million in March from 2278.46 USD Million in February of 2020. Imports - Coins, Gems, Jewelry & Collectibles (Cen in the United States averaged 1516.51 USD Million from 1989 until 2020, reaching an all time high of 2899.82 USD Million in August of 2019 and a record low of 507.66 USD Million in May of 1989. This page includes a chart with historical data for the United States Imports of Coins, Gems, Jewelry & Collectibles.

Imports - Coal & Other Fuels Except Gas (Census Basis) in the United States decreased to 144.06 USD Million in March from 149.31 USD Million in February of 2020. Imports - Coal & Other Fuels Except Gas (Census Ba in the United States averaged 140.99 USD Million from 1989 until 2020, reaching an all time high of 598.95 USD Million in August of 2008 and a record low of 18.71 USD Million in April of 1990. This page includes a chart with historical data for the United States Imports of Coal & Other Fuels Except Gas.

Imports - Civilian Aircraft, Engines & Parts (Census Basis) in the United States decreased to 4585.50 USD Million in March from 4675.21 USD Million in February of 2020. Imports - Civilian Aircraft, Engines & Parts (Cens in the United States averaged 2490.72 USD Million from 1989 until 2020, reaching an all time high of 6159.71 USD Million in February of 2019 and a record low of 556.58 USD Million in January of 1989. This page includes a chart with historical data for the United States Imports of Civilian Aircraft, Engines & Parts.