The OECD publishes comments received from interested parties on the discussion draft on Action 6 (Prevent Treaty Abuse) of the BEPS Action Plan.

Diesel and gasoline account for around 95% of energy used for road transport in the OECD and for the largest share of revenue from taxes on energy. In 33 out of 34 OECD countries, diesel fuel is taxed at lower rates than gasoline both in terms of energy and carbon content.

This paper reviews the use of tax preferences to achieve environmental policy objectives. Tax preferences involve using the tax system to adjust relative prices with a view to influencing producer or consumer behaviour in favour of goods or services that are considered to be environmentally beneficial.

Public comments are invited on a discussion draft which deals with follow-up work mandated by the Report on Action 6 (“Prevent the granting of treaty benefits in inappropriate circumstances”) of the BEPS Action Plan.

Public comments are invited on the discussion draft on the use of profit splits in the context of global value chains, released as part of the work in relation to Action 10 of the BEPS Action Plan.

On 21 November 2014, the OECD invited comments from interested parties on the discussion draft on Action 6 (Prevent treaty abuse) of the BEPS Action Plan. The OECD now publishes the comments received.

A public consultation on follow-up work on BEPS Action 6 (Prevent treaty abuse) is scheduled to be held in Paris at the OECD Conference Centre on 22 January 2015.

On 16 December 2014, the OECD invited comments from interested parties on a discussion draft on the use of profit splits in the context of global value chains. This work relates to Action 10 of the BEPS Action Plan. The OECD is grateful to the commentators for their input, and now publishes the comments received.

Public comments are invited on a new discussion draft which includes proposals on how to deal with the follow-up work on Action 6 (Prevent Treaty Abuse) of the Action Plan on Base Erosion and Profit Shifting (BEPS).

On 22 May 2015, interested parties were invited to comment on a revised discussion draft which includes proposals on how to deal with the follow-up work on Action 6 (Prevent treaty abuse) of the BEPS Action Plan.

Governments are under-utilising taxation as a tool to curb the environmental consequences of energy use, foregoing revenue and weakening their attack on the principal source of greenhouse gas emissions responsible for climate change and air pollution, according to new OECD analysis.

Taxes are potentially among the most effective ways of cutting pollution and greenhouse gas emissions, but they are currently – with very few exceptions – underused; and even where used, they are frequently designed in a sub-optimal way.

Governments should use tax policy to drive forward economic agendas that seek to boost growth while sharing the benefits more evenly within society, according to a new OECD report.

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.

The Forum on Tax Administration (FTA) is the leading international body concerned with tax administration. The FTA, which brings together Tax Commissioners from 50 advanced and emerging tax administrations (including OECD and G20 countries), held its Plenary meeting in Oslo on 27-29 September.

Today, Jersey deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("multilateral convention") with the OECD. Subsequently, on 20 December, Curaçao joined the multilateral convention.

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report.

Public input is sought both to obtain further evidence on the misuse of CBI/RBI schemes and on effective ways for preventing abuse.

The consultation document assessed how these schemes are used in an attempt to circumvent the CRS; identified the types of schemes that present a high risk of abuse; reminded stakeholders of the importance of correctly applying relevant CRS due diligence procedures in order to help prevent such abuse; and explained next steps the OECD will undertake to further address the issue, assisted by public input.

Today’s revelations from the “Daphne Project” on the Maltese residence and citizenship by investment schemes underline the crucial importance of the the OECD’s work to ensure that the integrity of the OECD/G20 Common Reporting Standard (CRS) is preserved and that any circumvention is detected and addressed.

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.

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.

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.

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 (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.

This country note explains how Chile taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

This country note explains how Colombia taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

This report responds to a request from the G20 that the IMF and OECD assess whether further work is needed on their respective approaches to measures which are both macro-prudential and capital flow measures, taking into account their individual mandates. The report was transmitted to G20 Finance Ministers and Central Bank Governors at their meeting on 16-17 April 2015 in Washington D.C.

Housing Index in Spain increased to 1652.80 EUR/SQ. METRE in the fourth quarter of 2019 from 1638.30 EUR/SQ. METRE in the third quarter of 2019. Housing Index in Spain averaged 1183.81 EUR/SQ. METRE from 1987 until 2019, reaching an all time high of 2101.40 EUR/SQ. METRE in the first quarter of 2008 and a record low of 266.43 EUR/SQ. METRE in the first quarter of 1987. In Spain, Housing Index is measured by the price of home ownership of the property market per square meter. This page provides the latest reported value for - Spain House Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Australia decreased to -3 percent in the first quarter of 2019 from -2.40 percent in the fourth quarter of 2018. Housing Index in Australia averaged 1.43 percent from 2002 until 2019, reaching an all time high of 6.10 percent in the second quarter of 2002 and a record low of -3 percent in the first quarter of 2019. In Australia, House Price Index measures weighted average of price movements for residential properties for eight capital cities: Sydney, Melbourne, Brisbane, Adelaide, Canberra, Hobart, Darwin and Perth. Residential properties are defined as detached residential dwellings on their own block of land regardless of age. . This page provides the latest reported value for - Australia House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Portugal increased to 144.10 points in the fourth quarter of 2019 from 143.12 points in the third quarter of 2019. Housing Index in Portugal averaged 107.98 points from 2008 until 2019, reaching an all time high of 144.10 points in the fourth quarter of 2019 and a record low of 92.25 points in the second quarter of 2013. In Portugal, Housing Index measures the evolution of housing prices in the residential market. This page provides - Portugal House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in France increased to 112.58 points in the fourth quarter of 2019 from 112.27 points in the third quarter of 2019. Housing Index in France averaged 102.40 points from 2006 until 2019, reaching an all time high of 112.58 points in the fourth quarter of 2019 and a record low of 93.63 points in the second quarter of 2006. In France, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides the latest reported value for - France House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index In the Euro Area increased to 120.37 points in the fourth quarter of 2019 from 119.54 points in the third quarter of 2019. Housing Index in the Euro Area averaged 102.77 points from 2005 until 2019, reaching an all time high of 120.37 points in the fourth quarter of 2019 and a record low of 89.60 points in the first quarter of 2005. in the Euro Area, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides the latest reported value for - Euro Area House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Italy decreased to 98.60 points in the fourth quarter of 2019 from 98.80 points in the third quarter of 2019. Housing Index in Italy averaged 106.39 points from 2010 until 2019, reaching an all time high of 120.70 points in the second quarter of 2011 and a record low of 97.70 points in the first quarter of 2019. In Italy, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides - Italy House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Russia increased to 8 percent in 2019 from 6.30 percent in 2018. Housing Index in Russia averaged 15.24 percent from 1998 until 2019, reaching an all time high of 56.90 percent in 1998 and a record low of -7.60 percent in 2009. This page provides - Russia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in China decreased to 7.10 percent in November from 7.80 percent in October of 2019. Housing Index in China averaged 4.65 percent from 2011 until 2019, reaching an all time high of 12.60 percent in November of 2016 and a record low of -6.10 percent in March of 2015. In China, Housing Index is measured by year over year change in house prices in 70 medium and large cities. This page provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Germany increased to 174.85 points in March from 172.98 points in February of 2020. Housing Index in Germany averaged 117.03 points from 1991 until 2020, reaching an all time high of 174.85 points in March of 2020 and a record low of 95.50 points in May of 2009. In Germany, Housing Index is measured by the price index of housing sales. This page provides the latest reported value for - Germany House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in the United States increased to 0.70 percent in February from 0.50 percent in January of 2020. Housing Index in the United States averaged 0.30 percent from 1991 until 2020, reaching an all time high of 1.20 percent in January of 2000 and a record low of -1.80 percent in November of 2008. The FHFA (Federal Housing Finance Agency) House Price Index measures month over month changes in average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac. This page provides the latest reported value for - United States House Price Index MoM Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Index in Switzerland decreased to 168.74 points in the first quarter of 2020 from 169.34 points in the fourth quarter of 2019. Housing Index in Switzerland averaged 105.83 points from 1970 until 2020, reaching an all time high of 169.34 points in the fourth quarter of 2019 and a record low of 35.65 points in the first quarter of 1970. In Switzerland, housing index refers to Residential House Price Index of single-family homes. This page provides - Switzerland House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This country note explains how Denmark taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

This country note explains how the Czech Republic taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

Health care use varies widely across countries but can also vary as much or more within countries. Governments should do more to improve their health systems to prevent unnecessary interventions and ensure that everyone has the same access to quality healthcare, wherever they live, according to a new OECD report.

Urgent research is needed to assess the possible risks to human health and ecosystems from the ever-increasing amounts of engineered nanomaterials going into household waste and ending up in the environment, according to a new OECD report.

Outdoor air pollution could cause 6 to 9 million premature deaths a year by 2060 and cost 1% of global GDP – around USD 2.6 trillion annually – as a result of sick days, medical bills and reduced agricultural output, unless action is taken, according to a new OECD report.

Levels of alcohol consumption in Australia are close to the OECD average. After a decrease from 1980 to 1992, consumption has rebounded to some extent. In 2011, 10 litres of pure alcohol per capita were consumed in Australia, on average, compared with an estimate of 9.5 litres in 2011 in the OECD.

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

This country note explains how Australia taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

Levels of alcohol consumption in Japan are slightly below the OECD average and have slightly decreased in the last 20 years. In 2012, an average of 7.2 litres of pure alcohol per capita was consumed in Japan, compared with an estimate of 9.1 litres in the OECD.

This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.

Japan’s agriculture sector has traditionally been characterised by small-scale rice production, but has recently begun to respond to new market opportunities for higher value food products across a rapidly growing East Asia. Today, rice represents less than 20% of the value of agriculture production, and larger, more productive, and more profitable farm businesses now account for more than half of total agriculture output.