and OECD launches programme in Islamabad to support Pakistan in implementing new international tax standards By www.oecd.org Published On :: Fri, 20 Jul 2018 10:00:00 GMT As part of a mission held from 16 to 19 July 2018 in Islamabad, Pakistan aimed at launching the induction programme to support the implemention of the BEPS measures and initiating the TIWB programme, an OECD delegation met in Islamabad to discuss the progress of the country in implementing the new international standards to combat tax avoidance and tax evasion. Full Article
and OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Buenos Aires, Argentina) - July 2018 By www.oecd.org Published On :: Sun, 22 Jul 2018 12:00:00 GMT This report contains two parts. Part I is a report on the activities and achievements of the OECD’s tax agenda, and is made of two subparts: looking back at significant achievements and looking ahead at the further progress needed, in particular through the OECD/G20 Inclusive Framework on BEPS. Part II is a Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes. Full Article
and Ukraine signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Mon, 23 Jul 2018 16:00:00 GMT Today, Ukraine signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention). Ukraine becomes the 83rd jurisdiction to join the Convention, which will update the existing network of bilateral tax treaties to reduce opportunities for tax avoidance by multinational enterprises. Full Article
and Antigua and Barbuda becomes the 125th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Fri, 27 Jul 2018 17:00:00 GMT Antigua and Barbuda today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. It is the 125th jurisdiction to join the Convention. Full Article
and Simplified registration and collection mechanisms for taxpayers that are not located in the jurisdiction of taxation By doi.org Published On :: Thu, 06 Sep 2018 16:01:00 GMT This paper reviews and evaluates the efficacy of simplified tax registration and collection mechanisms for securing compliance of taxpayers over which the jurisdiction with taxing rights has limited or no authority to effectively enforce a tax collection or other compliance obligation. Full Article
and OECD releases seven new transfer pricing country profiles and an update of a previously-released profile By www.oecd.org Published On :: Fri, 07 Sep 2018 15:56:00 GMT 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. Full Article
and OECD and Norway agree new partnership to help developing countries address taxation challenges By www.oecd.org Published On :: Mon, 10 Sep 2018 11:00:00 GMT 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. Full Article
and OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13) By www.oecd.org Published On :: Thu, 13 Sep 2018 16:00:00 GMT 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). Full Article
and Saudi Arabia signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Tue, 18 Sep 2018 10:00:00 GMT Today, Saudi Arabia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention). Saudi Arabia becomes the 84th jurisdiction to join the Convention, which now covers over 1,400 bilateral tax treaties. Full Article
and OECD and SAT hold joint workshop on the experience of country-by-country reporting of tax information By www.oecd.org Published On :: Thu, 27 Sep 2018 14:00:00 GMT Tax officials from 21 jurisdictions met this week in Yangzhou, China, to share experiences from the first year of country-by-country reporting and explore how information can be used most effectively in the tax risk assessment of MNE groups. The workshop also included representatives of large MNE groups headquartered or with major operations in China and the Asia-Pacific region. Full Article
and Australia, France, Japan and Slovak Republic deposit their instrument of ratification or acceptance for the Multilateral BEPS Convention By oe.cd Published On :: Thu, 27 Sep 2018 16:02:00 GMT 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. Full Article
and OECD clamps down on CRS avoidance through residence and citizenship by investment schemes By www.oecd.org Published On :: Tue, 16 Oct 2018 11:00:00 GMT 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. Full Article
and Papua New Guinea and OECD agree new 'Tax Inspectors Without Borders' partnership By www.oecd.org Published On :: Thu, 18 Oct 2018 12:00:00 GMT The OECD and Papua New Guinea's Internal Revenue Commission agreed today to gear up efforts to tackle tax base erosion and profit shifting by multinational enterprises in Papua New Guinea, through participation in the OECD/UNDP Tax Inspectors Without Borders initiative. Full Article
and OECD and IGF release first set of practice notes for developing countries on BEPS risks in mining By www.oecd.org Published On :: Fri, 19 Oct 2018 10:00:00 GMT 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. Full Article
and OECD and World Bank call for whole-of-government approach to combating tax evasion and corruption By www.oecd.org Published On :: Mon, 22 Oct 2018 15:00:00 GMT Countries must step up work to ensure that tax authorities and anti-corruption authorities can effectively co-operate in the fight against tax evasion, bribery, and other forms of corruption, according to a joint OECD/World Bank report. Full Article
and OECD and CIAT join forces in promoting stronger tax systems By www.oecd.org Published On :: Tue, 23 Oct 2018 19:00:00 GMT The OECD and the Inter-American Center of Tax Administrations (CIAT) hosted today the high-level event "Base Erosion and Profit Shifting Implementation: Strategic importance, challenges and opportunities" in Lisbon, Portugal. Full Article
and Ecuador joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Mon, 29 Oct 2018 15:00:00 GMT 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. Full Article
and OECD and tax officials from Eastern Europe and Central Asia discuss BEPS implementation in Armenia By www.oecd.org Published On :: Fri, 09 Nov 2018 15:00:00 GMT 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. Full Article
and 11th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, 20-22 November 2018, in Punta del Este, Uruguay By www.oecd.org Published On :: Mon, 12 Nov 2018 14:55:00 GMT Global cooperation to fight tax evasion and avoidance has grown rapidly over the past few years. Tax Transparency and Exchange of Information between tax authorities about financial assets and activities of their taxpayers abroad has proved to be a valuable tool in this fight. Full Article
and OECD releases latest results on preferential regimes and moves to strengthen the level playing field with zero tax jurisdictions By www.oecd.org Published On :: Thu, 15 Nov 2018 16:00:00 GMT International efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide, according to new data released today by the OECD. Full Article
and OECD and Argentina continue the fight to tackle tax crime By www.oecd.org Published On :: Mon, 19 Nov 2018 09:53:00 GMT Twenty-eight officials participated in the inaugural “VAT/GST Fraud Investigations” course at the OECD Latin America Academy for Tax and Financial Crime Investigation last week in Buenos Aires. Full Article
and Latin American Ministers launch regional initiative to combat tax evasion and corruption By www.oecd.org Published On :: Wed, 28 Nov 2018 09:56:00 GMT This week, in the margins of the 11th Global Forum meeting held in Punta del Este, Uruguay Minister of Economy and Finance Danilo Astori led a discussion with Ministers, high level representatives and officials from Latin America on the use of information exchange to combat tax fraud and corruption. Full Article
and Asian and Pacific economies: decreases in tax revenue highlight need to broaden tax bases By www.oecd.org Published On :: Thu, 29 Nov 2018 03:00:00 GMT This new report shows that tax-to-GDP ratios fell in most of the 16 Asian and Pacific economies covered by the report between 2015-16 due to a combination of policy reforms and decreasing natural resource prices. Full Article
and Qatar signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Tue, 04 Dec 2018 11:00:00 GMT Today, Qatar signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 85th jurisdiction to join the Convention, which now covers nearly 1,500 bilateral tax treaties. Full Article
and Tax revenues continue increasing as the tax mix shifts further towards corporate and consumption taxes By www.oecd.org Published On :: Wed, 05 Dec 2018 11:00:00 GMT Tax revenues in advanced economies have continued to increase, with taxes on companies and personal consumption representing an increasing share of total tax revenues, according to new OECD research. Full Article
and Transparency on tax rulings significantly increased, according to OECD peer reviews on BEPS Action 5 minimum standard By www.oecd.org Published On :: Thu, 13 Dec 2018 11:00:00 GMT As part of continuing efforts to improve tax transparency, the Inclusive Framework on BEPS has now assessed 92 individual jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package. Full Article
and OECD and the Netherlands discuss developments in international tax co-operation By www.oecd.org Published On :: Thu, 10 Jan 2019 16:18:00 GMT 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. Full Article
and Belize signs landmark agreement to strengthen its tax treaties and Monaco deposits its instrument of ratification for the Multilateral BEPS Convention By www.oecd.org Published On :: Fri, 11 Jan 2019 14:00:00 GMT Belize has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS, becoming the 86th jurisdiction to join the Convention, which now covers almost 1500 bilateral tax treaties. Yesterday, Monaco deposited its instrument of ratification for the Convention with the OECD’s Secretary-General. Full Article
and OECD, SARS and National Treasury continue partnership to strengthen tax co-operation By www.oecd.org Published On :: Fri, 11 Jan 2019 14:55:00 GMT Today, the OECD, the South African Revenue Service (SARS) and National Treasury of South Africa (National Treasury) signed a Memorandum of Co-operation (MoC), agreeing to continue to work together in the area of taxation. The MOC is in place until December 2023. Full Article
and Mauritania joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Tue, 12 Feb 2019 15:30:00 GMT 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. Full Article
and Raising more public revenue in Indonesia in a growth- and equity-friendly way By doi.org Published On :: Tue, 12 Feb 2019 17:31:00 GMT Indonesia’s government needs more revenue to fund spending that can boost GDP growth, raise well-being and reduce poverty. Full Article
and OECD releases BEPS peer review reports on improving tax dispute resolution mechanisms and preventing treaty shopping By www.oecd.org Published On :: Thu, 14 Feb 2019 11:00:00 GMT Progress continues with the implementation of the BEPS package, as the OECD releases additional peer review reports assessing countries’ efforts to implement the Action 6 and Action 14 minimum standards as agreed under the OECD/G20 BEPS Project. Full Article
and Cameroon and Morocco launch new South-South co-operation programme under the Tax Inspectors Without Borders initiative By www.oecd.org Published On :: Wed, 06 Mar 2019 13:00:00 GMT On 5 March, Morocco and Cameroon launched a new TIWB South-South bilateral programme in Yaoundé. The programme, a first between two Francophone African countries, will see Moroccan tax audit experts providing support to Cameroon. Full Article
and OECD and United Arab Emirates renew partnership to strengthen tax co-operation By www.oecd.org Published On :: Mon, 11 Mar 2019 12:00:00 GMT Today, the OECD and the United Arab Emirates signed a renewal of the Memorandum of Understanding agreeing to extend their collaboration in providing regional seminars on international taxation For a further three year, to 2021. Full Article
and Tax Morale and Integrity in Developing Countries By www.oecd.org Published On :: Tue, 19 Mar 2019 10:00:00 GMT 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. Full Article
and Taxation and the Future of Work: How Tax Systems Influence Choice of Employment Form (OECD Taxation Working Paper) By doi.org Published On :: Thu, 21 Mar 2019 12:00:00 GMT This paper analyses the tax treatment of different employment forms for a set of eight countries: Argentina, Australia, Hungary, Italy, the Netherlands, Sweden, the United Kingdom and the United States. The analysis includes labour income taxes, capital income taxes, social contributions, and non-tax compulsory payments. Full Article
and Latin America and the Caribbean: Public revenues rebound in 2017 after dip in 2016 By www.oecd.org Published On :: Mon, 25 Mar 2019 21:00:00 GMT The average tax-to-GDP ratio in Latin America and the Caribbean rose to 22.8% in 2017, a gain of 0.2 percentage points from 2016, according to Revenue Statistics in Latin America and the Caribbean 2019. The report finds that the rebound was primarily driven by Caribbean countries and in particular Guyana and Barbados, on the back of tax policy and administration reforms. Full Article
and Leading global tax administrations agree collective actions on tax certainty, co-operation and digital transformation By www.oecd.org Published On :: Thu, 28 Mar 2019 18:00:00 GMT The Forum on Tax Administration (FTA), the 53 leading global tax administrations, met in Chile on 26-28 March and agreed an ambitious agenda focused on tax certainty, enhanced tax co-operation and the collective challenges of digital transformation. Full Article
and The Kingdom of the Netherlands and Georgia deposit instruments of acceptance or ratification for the Multilateral BEPS Convention By www.oecd.org Published On :: Fri, 29 Mar 2019 16:00:00 GMT The Kingdom of the Netherlands has deposited its instrument of acceptance and Georgia has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD's Secretary-General, thus underlining its strong commitments to prevent the abuse of tax treaties and BEPS by multinational enterprises. Full Article
and Dominica joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Thu, 25 Apr 2019 15:00:00 GMT 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. Full Article
and Productivity growth and finance: The role of intangible assets - A sector level analysis By doi.org Published On :: Fri, 17 May 2019 10:37:00 GMT Investment in intangible assets has become an increasingly important driver of productivity growth in OECD countries. Full Article
and Objectives and challenges in the implementation of a universal pension system in France By doi.org Published On :: Fri, 24 May 2019 09:00:00 GMT The mission of the French High Commission for Pension Reform is to prepare the reform introducing a universal pension points system in France. Full Article
and Albania signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Tue, 28 May 2019 10:00:00 GMT Today, Albania signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 88th jurisdiction to join the Convention, which now covers almost 1,530 bilateral tax treaties. Full Article
and Implementation of tax transparency initiative delivering concrete and impressive results By www.oecd.org Published On :: Fri, 07 Jun 2019 08:00:00 GMT International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released today by the OECD. Full Article
and OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Fukuoka, Japan) - June 2019 By www.oecd.org Published On :: Sat, 08 Jun 2019 02:00:00 GMT This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes. Full Article
and Serbia joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Thu, 13 Jun 2019 10:00:00 GMT 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. Full Article
and OECD launches new handbook to strengthen tax administrations' capacity to support the fight against money laundering and terrorist financing By www.oecd.org Published On :: Thu, 13 Jun 2019 15:00:00 GMT The OECD is encouraging tax administrations around the globe to step up their efforts to support the fight against money laundering and terrorist financing with the launch of a handbook intended to raise the awareness of tax examiners, auditors, and investigators of the important role they can play in combatting these crimes. Full Article
and OECD expands transfer pricing country profiles to cover 55 countries By www.oecd.org Published On :: Tue, 18 Jun 2019 11:00:00 GMT The OECD has just released new transfer pricing country profiles for Chile, Finland and Italy, bringing the total number of countries covered to 55. In addition, the OECD has updated the information contained in the country profiles for Colombia and Israel. Full Article
and OECD expands functionality of MLI Matching Database to include information on entry into effect By www.oecd.org Published On :: Tue, 18 Jun 2019 14:30:00 GMT The OECD has added new features to its MLI Matching Database. The database now includes information on entry into effect dates for matched agreements and the option to calculate entry into effect dates on the basis of anticipated dates of deposits. The expanded database also includes references to synthesised texts, if available. Full Article
and Morocco signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Tue, 25 Jun 2019 12:30:00 GMT Today, Morocco signed the BEPS MLI, becoming the 89th jurisdiction to join the Convention, which now covers almost 1,530 bilateral tax treaties. Mr. Mohamed Benchaaboun, Minister of Economy and Finance of Morocco signed the Convention in the presence of Angel Gurría, Secretary-General of the OECD. Full Article