sho The United Arab Emirates become the 109th jurisdiction to join the most powerful multilateral treaty against offshore tax evasion and avoidance By www.oecd.org Published On :: Fri, 21 Apr 2017 15:08:00 GMT His Excellency Muadid Hareb Mughair Al-Khaili, Ambassador of the United Arab Emirates to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the OECD Deputy Secretary-General, Rintaro Tamaki. Full Article
sho Kuwait expands its capacity to fight international offshore tax avoidance and evasion By www.oecd.org Published On :: Fri, 05 May 2017 11:50:00 GMT Today, at the OECD Headquarters in Paris, H. E. Sami Mohammad Alsulaiman, Ambassador of Kuwait to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of OECD Deputy Secretary-General, Mrs. Mari Kiviniemi, therewith becoming the 110th jurisdiction to join the Convention. Full Article
sho The fight against offshore tax evasion continues: CRS disclosure facility delivers first results By www.oecd.org Published On :: Thu, 01 Jun 2017 12:00:00 GMT On 5 May, the OECD launched a public disclosure facility for information on schemes designed to circumvent the application of the Common Reporting Standard. Full Article
sho The Platform for Collaboration on Tax invites comments on a draft toolkit on the taxation of offshore indirect transfers of assets By www.oecd.org Published On :: Tue, 01 Aug 2017 16:00:00 GMT The Platform for Collaboration on Tax – a joint initiative of the IMF, OECD, UN and World Bank Group – is seeking public feedback on a draft toolkit designed to help developing countries tackle the complexities of taxing offshore indirect transfers of assets, a practice by which multinational corporations try to minimise their tax liability. Full Article
sho Brunei Darussalam expands its capacity to fight international offshore tax avoidance and evasion By www.oecd.org Published On :: Tue, 12 Sep 2017 16:39:00 GMT Today, at the OECD Headquarters in Paris, Her Excellency Datin Paduka Malai Halimah Malai Yussof, Ambassador Extraordinary and Plenipotentiary of Brunei Darussalam to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of OECD Deputy Secretary-General, Mr. Masamichi Kono. Full Article
sho Peru expands its capacity to fight international offshore tax avoidance and evasion By www.oecd.org Published On :: Wed, 25 Oct 2017 20:00:00 GMT Today, in Lima (Peru), Claudia María Amelia Teresa Cooper Fort, Minister of Economy and Finance of Peru, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the Deputy Director of the OECD's Centre for Tax Policy and Administration, Grace Perez-Navarro. The Republic of Peru is the 114th jurisdiction to join the Convention, and the 12th Latin American jurisdiction to do so. Full Article
sho Qatar expands its capacity to fight international offshore tax avoidance and evasion By www.oecd.org Published On :: Fri, 10 Nov 2017 10:00:00 GMT Today, in at the OECD Headquarters in Paris, His Excellency Khalid Bin Rashid Al-Mansouri, Ambassador of the State of Qatar to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the Deputy Secretary-General Masamichi Kono. Full Article
sho Platform for Collaboration on Tax: comments received on draft toolkit on the taxation of offshore indirect transfers By www.oecd.org Published On :: Wed, 06 Dec 2017 16:00:00 GMT On August 1st 2017, interested parties were invited to provide comments on the discussion draft of a toolkit on the Taxation of Offshore Indirect Transfers. The Platform for Collaboration on Tax is grateful to the commentators for their input and now publishes the public comments received during the consultation period. Full Article
sho OECD seeks input on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures By www.oecd.org Published On :: Mon, 11 Dec 2017 11:00:00 GMT Today the OECD is releasing a consultation document seeking stakeholder input on model mandatory disclosure rules. The model rules target promoters and service providers with a material involvement in the design, marketing or implementation of a CRS avoidance arrangements or offshore structure. They would require such intermediaries to disclose information on the scheme to their local tax authority. Full Article
sho Public comments received on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures By www.oecd.org Published On :: Thu, 18 Jan 2018 17:00:00 GMT On 11 December 2017, interested parties were invited to provide comments on a discussion draft on model mandatory disclosure rules. The model rules are intended to target promoters and service providers with a material involvement in the design, marketing or implementation of CRS avoidance arrangements or offshore structures. Full Article
sho Governments should make better use of energy taxation to address climate change By www.oecd.org Published On :: Wed, 14 Feb 2018 11:00:00 GMT 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. Full Article
sho Global network for the automatic exchange of offshore account information continues to grow; OECD releases new edition of the CRS Implementation Handbook By www.oecd.org Published On :: Thu, 05 Apr 2018 11:00:00 GMT Today, the OECD published a new set of bilateral exchange relationships established under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA) which for the first time includes activations by Panama. The OECD also released the second edition of the Common Reporting Standard Implementation Handbook. Full Article
sho OECD Workshop on digital financial assets By www.oecd.org Published On :: Tue, 15 May 2018 13:34:00 GMT Paris, 15-16 May 2018 - This workshop will focus on recent developments and main policy challenges related to the emergence of digital financial assets. Discussions will cover monetary policy and financial systems, regulation, firms’ business and funding models, and taxation. Full Article
sho OECD peer reviews on BEPS Action 13 Country-by-Country reporting initiative show strong progress for global roll-out in June By www.oecd.org Published On :: Thu, 24 May 2018 11:00:00 GMT The OECD has released the first peer reviews of the Country-by-Country (CbC) reporting initiative, demonstrating strong progress toward the imminent implementation of a key element in continuing efforts to improve taxation of multinational enterprises (MNEs) worldwide. Full Article
sho Major enlargement of the global network for the automatic exchange of offshore account information as over 100 jurisdictions get ready for exchanges By www.oecd.org Published On :: Thu, 05 Jul 2018 16:00:00 GMT Today, the OECD published a new set of bilateral exchange relationships established under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA), bringing the total number of relationships to over 3200, an increase of more than 500 since April of this year. Full Article
sho Platform for Collaboration on Tax invites final comments on a revised version of its report on the “Taxation of Offshore Indirect Transfers of Assets” By www.oecd.org Published On :: Mon, 16 Jul 2018 16:00:00 GMT The Platform for Collaboration on Tax – a joint initiative of the IMF, OECD, UN and World Bank Group – has undertaken, at the request of the G20, the development of a series of “toolkit” reports to help guide developing countries in the implementation of policy options for issues in international taxation of greatest relevance to these countries. Full Article
sho 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
sho 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
sho 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
sho OECD/G20 Inclusive Framework on BEPS delivers tax transparency: Action 13 Country-by-Country reporting shows big progress By www.oecd.org Published On :: Tue, 03 Sep 2019 11:00:00 GMT 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. Full Article
sho International community has achieved unprecedented success fighting offshore tax evasion By www.oecd.org Published On :: Tue, 26 Nov 2019 12:45:00 GMT 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. Full Article
sho Benin, Bosnia and Herzegovina, Cabo Verde, Mongolia and Oman join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Wed, 27 Nov 2019 15:00:00 GMT On the occasion of the 10th Plenary Meeting of the Global Forum a further five countries signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, therewith bringing the total number of participating in the Convention to 135. Full Article
sho OECD presents analysis showing significant impact of proposed international tax reforms By www.oecd.org Published On :: Thu, 13 Feb 2020 15:00:00 GMT 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. Full Article
sho OECD releases second peer review report on preventing treaty shopping (BEPS Action 6) By www.oecd.org Published On :: Tue, 24 Mar 2020 11:00:00 GMT 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. Full Article
sho Tax and fiscal policy should continue to support households and businesses through containment, then shift to bolstering recovery By www.oecd.org Published On :: Wed, 15 Apr 2020 12:00:00 GMT 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. Full Article
sho The OECD acknowledges progress made, and says Mexico should further prioritise fighting foreign bribery By www.oecd.org Published On :: Wed, 19 Oct 2011 00:00:00 GMT 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. Full Article
sho In support of its active enforcement efforts, Italy should urgently extend timeframe for prosecuting foreign bribery By www.oecd.org Published On :: Thu, 12 Jan 2012 00:00:00 GMT 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. Full Article
sho G20 countries should rely on open markets to reboot global growth By www.oecd.org Published On :: Thu, 31 May 2012 00:00:00 GMT G20 governments should prevent further deterioration in their collective trade and investment policy stance and focus on promoting open markets to re-boot growth in the world economy, according to the OECD, WTO and UNCTAD. Full Article
sho Belgium should address “flagrant” lack of resources for fighting foreign bribery, says OECD By www.oecd.org Published On :: Thu, 17 Oct 2013 11:00:00 GMT Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded. Full Article
sho Georgia should strengthen civil service and independent judiciary to build on anti-corruption progress By www.oecd.org Published On :: Thu, 31 Oct 2013 16:43:00 GMT Georgia has achieved significant progress in reducing corruption over the past decade. To build on this progress, the Government should focus on strengthening its professional civil service and ensure independence of the judiciary, according to a new OECD report. Full Article
sho Azerbaijan should be more proactive against corruption By www.oecd.org Published On :: Thu, 31 Oct 2013 17:24:00 GMT Azerbaijan must do more to enforce recently introduced anti-corruption laws and to ensure law enforcement has the resources to prosecute complex corruption crimes, says a new OECD report. Full Article
sho Progress made but Chile should better detect and thoroughly investigate foreign bribery, says OECD By www.oecd.org Published On :: Tue, 18 Mar 2014 11:00:00 GMT Chile has made positive efforts to implement the Convention, but there has not been a single foreign bribery conviction. Chile did not sufficiently investigate several of the six foreign bribery allegations that have surfaced since 2001. Chile should improve its investigative and detection efforts, says OECD Full Article
sho FDI statistics workshop on measuring globalisation By www.oecd.org Published On :: Thu, 20 Mar 2014 16:08:00 GMT This workshop sought to address whether the data we are using to measure and analyse globalisation is up to the task, and if it isn’t, what could be done. Full Article
sho Workshop on responsible and conflict-free sourcing in the Turkish gold supply chain By www.oecd.org Published On :: Thu, 03 Apr 2014 14:15:00 GMT This workshop focused on how to comply with international regulations on conflict-free gold supply chains and how to make the most of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. Full Article
sho OECD-Risklab-APG Workshop on pension fund regulation and long-term investment By www.oecd.org Published On :: Mon, 07 Apr 2014 15:04:00 GMT Held in Amsterdam on 7 April 2014, this workshop focused on: long-term pension investment strategies under risk-based regulation; riskiness and pro-cyclicality in pension asset allocation; and, regulatory challenges for long-term illiquid assets. Full Article
sho Tajikistan should step up its fight against corruption By www.oecd.org Published On :: Tue, 27 May 2014 14:43:00 GMT Tajikistan needs to step up its fight against corruption and turn political declarations of commitment into action, says a new OECD report. Full Article
sho Mongolia should persist with systematic anti-corruption reforms By www.oecd.org Published On :: Tue, 27 May 2014 14:49:00 GMT Mongolia should persist with systematic reforms in its struggle against corruption, says a new report by the Istanbul Anti-Corruption Action Plan (IAP). Full Article
sho Greece should tackle not only domestic corruption but also foreign bribery By www.oecd.org Published On :: Fri, 20 Mar 2015 17:51:00 GMT The risk of Greek companies bribing foreign officials is substantial, but Greece has not given the same priority to fighting foreign bribery as it has to domestic corruption. Full Article
sho OECD Green Investment Bank Workshop By www.oecd.org Published On :: Wed, 20 May 2015 17:04:00 GMT The OECD hosted a workshop on green investment banks on 20 May 2015. It built upon discussions of green banks at the OECD Green Investment Financing Fora (May 2015 and June 2014) and continued international dialogue on the experiences of green banks. The workshop welcomed 9 different green banks, public financial institutions, NGOs, the private sector and over 20 countries interested in the green bank model. Full Article
sho Workshop in Ukraine on responsible business conduct By www.oecd.org Published On :: Thu, 17 Sep 2015 17:17:00 GMT The purpose of this workshop was to share information with the Ukrainian authorities about the obligations of governments under the OECD Declaration on International Investment and Multinational Enterprises related to the OECD Guidelines for Multinational Enterprises, one of four instruments of the Declaration. Full Article
sho OECD Technical Workshop on Foreign Direct Investment and Global Value Chains By www.oecd.org Published On :: Mon, 19 Oct 2015 11:06:00 GMT The workshop will discuss the first results of the OECD Secretariat’s work on integrating FDI statistics into the analysis of Global Value Chains (OECD-WTO Trade in Value Added Initiative) to better account for foreign ownership. Full Article
sho Mongolia should make combating nepotism and political corruption a priority By www.oecd.org Published On :: Fri, 20 Nov 2015 17:44:00 GMT Mongolia’s rapid economic and social development, fuelled by the discovery of significant mineral resources, has exacerbated governance and corruption challenges. Full Article
sho 2015 International Workshop on Responsible Mineral Supply Chains By www.oecd.org Published On :: Wed, 02 Dec 2015 17:40:00 GMT This meeting will provide the opportunity to discuss the role of governments, international partners and businesses in promoting responsible mineral supply chains from conflict-affected and high-risk areas. Participants will learn first hand about international standards and approaches, and be able to ask questions to experts in supply chain due diligence implementation. Full Article
sho Azerbaijan should take strong and comprehensive measures to fight entrenched corruption By www.oecd.org Published On :: Thu, 13 Oct 2016 15:58:00 GMT Azerbaijan has made progress in preventing corruption in several sectors, such as public services delivery, traffic police and public education, and reforms have started in customs and business licencing. However, serious and complex corruption challenges have yet to be tackled, says a new OECD report. Full Article
sho Georgia should focus on combating high-level and complex corruption By www.oecd.org Published On :: Thu, 13 Oct 2016 16:04:00 GMT Georgia has achieved remarkable progress in eliminating petty corruption in the public administration and should now focus on combating high-level and complex corruption, according to a new OECD report. Full Article
sho Mongolia should step up anti-corruption reforms By www.oecd.org Published On :: Thu, 27 Oct 2016 11:14:00 GMT Mongolia has made significant progress in developing its anti-corruption policy, legislation and institutions over the past few years. However, progress has recently slowed and there are increasing concerns about the future direction and pace of reforms, according to a new OECD report. Full Article
sho AfDB OECD Workshop on fighting corruption and tackling illicit financial flows from Africa By www.afdb.org Published On :: Thu, 27 Oct 2016 17:28:00 GMT Abidjan, 27-28 October 2016 - This event focused on transparency and accountability, in particular tackling illicit financial flows and combating corruption. The event provided an occasion to launch the OECD-AfDB Anti-Bribery Policy and Compliance Guidance for African Companies. Full Article
sho Overcoming international co-operation challenges in corruption cases: Perspectives from the April 2016 Beijing Workshop By www.oecd.org Published On :: Wed, 21 Dec 2016 13:22:00 GMT The paper summarises views expressed by practitioners at a workshop in Beijing on 13-14 April 2016 with respect to contemporary challenges in international co-operation in corruption cases and possible solutions to mitigate these challenges. It has a practical orientation and is intended to contribute to ongoing dialogue at national and multilateral levels on enhancing international co-operation. Full Article
sho OECD Workshop on Measuring Business Impacts on People’s Well-being, Paris, 23-24 February 2017 By www.oecd.org Published On :: Wed, 31 May 2017 10:08:00 GMT On 23-24 February 2017, at the OECD Headquarters in Paris, this Workshop discussed the foundations to measuring business impacts on well-being through the creation of new measurement standards in close collaboration with the business sector, and as part of existing reporting practices that already transcend economic performance. Full Article
sho Ukraine should boost anti-corruption reforms to meet the demands of citizens By www.oecd.org Published On :: Thu, 26 Oct 2017 10:01:00 GMT Ukraine has achieved remarkable progress on anti-corruption reforms since the 2014 Revolution of Dignity. Despite these major achievements, there is a serious risk of backsliding on reforms, according to a new OECD report. Full Article