ng Under-taxing drivers is bad for environment and health, OECD says By www.oecd.org Published On :: Tue, 30 Sep 2014 14:00:00 GMT Advanced economies are pushing up carbon emissions, traffic congestion and air pollution by under-taxing company cars and diesel fuel, according to new OECD research. Full Article
ng Heads of Tax Administration agree global actions to meet global challenges By www.oecd.org Published On :: Fri, 24 Oct 2014 14:00:00 GMT The Ninth Meeting of the OECD Forum on Tax Administration (FTA) met in Dublin, Ireland on 23-24 October to discuss the implementation of the BEPS Project and automatic exchange of information. Full Article
ng Public comments received on the Paper on Transfer Pricing Comparability Data and Developing Countries By www.oecd.org Published On :: Tue, 28 Oct 2014 10:00:00 GMT This page shows a full table of comments received from the public on the Interim Draft Paper on Transfer Pricing Comparability Data and Developing Countries. Full Article
ng Major new steps to boost international cooperation against tax evasion: Governments commit to implement automatic exchange of information beginning 2017 By www.oecd.org Published On :: Wed, 29 Oct 2014 10:12:00 GMT The new OECD/G20 standard on automatic exchange of information was endorsed today by all OECD and G20 countries as well as major financial centres participating in the annual meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in Berlin. A status report on committed and not committed jurisdictions will be presented to G20 leaders during their annual summit in Brisbane, Australia on November 15-16. Full Article
ng Discussion Draft of the Proposed Modifications to Chapter VII of the Transfer Pricing Guidelines Relating to Low Value-Adding Intra-Group Services By www.oecd.org Published On :: Mon, 03 Nov 2014 17:00:00 GMT Action 10 of the Action Plan on Base Erosion and Profit Shifting directs the OECD to develop transfer pricing rules to provide protection against common types of base eroding payments. A discussion draft of proposed modifications to Chapter VII of the Transfer Pricing Guidelines relating to low value-adding intra-group services was released for comment by interested parties today Full Article
ng Developing countries to play greater role in OECD/G20 efforts to curb corporate tax avoidance By www.oecd.org Published On :: Wed, 12 Nov 2014 11:21:00 GMT The OECD released today its new Strategy for Deepening Developing Country Engagement in the Base Erosion and Profit Shifting (BEPS) Project, which will strengthen their involvement in the decision-making processes and bring them to the heart of the technical work. Full Article
ng Strengthening Global Growth: The G20 Brisbane Summit’s Challenges and Contributions By www.oecd.org Published On :: Thu, 13 Nov 2014 09:41:00 GMT The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”. Full Article
ng Angel Gurría congratulates new Indonesian President for cutting fuel subsidies By www.oecd.org Published On :: Wed, 19 Nov 2014 12:00:00 GMT Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies. Full Article
ng Tax revenues rebounding from the crisis but tax mix varying widely, OECD says By www.oecd.org Published On :: Wed, 10 Dec 2014 00:24:00 GMT Tax burdens and revenue collection in advanced economies are reaching record levels not seen since before the global financial crisis, but the tax mix continues varying widely across countries, according to new OECD research published today. Full Article
ng Workshop with developing countries to plan deepened engagement in BEPS Project By www.oecd.org Published On :: Fri, 12 Dec 2014 11:00:00 GMT On 10-11 December, officials from fourteen developing countries discussed ways to maximise benefits from their recent commitment to enhanced engagement in the BEPS Project. Full Article
ng Release of discussion draft on the transfer pricing aspects of cross-border commodity transactions By www.oecd.org Published On :: Tue, 16 Dec 2014 16:00:00 GMT Public comments are invited on the discussion draft on the Transfer Pricing aspects of cross-border Commodity transactions released as part of the OECD Centre for Tax Policy's work on Action 10 of the Action Plan on Base Erosion and Profit Shifting. Full Article
ng Release of discussion draft on revisions to Chapter I of the Transfer Pricing Guidelines (Including risk, recharacterisation and special measures) By www.oecd.org Published On :: Fri, 19 Dec 2014 11:00:00 GMT Public comments are invited on this discussion draft which deals with work in relation to Actions 8,9, and 10 of the Action Plan on Base Erosion and Profit Shifting (BEPS). Full Article
ng Comments received on the discussion draft of proposed modifications to Chapter VII of the Transfer Pricing Guidelines relating to low value-adding intra-group services (BEPS Action 10) By www.oecd.org Published On :: Tue, 20 Jan 2015 15:00:00 GMT On 3 November 2014, the OECD invited comments from interested parties on the discussion draft of proposed modifications to Chapter VII of the Transfer Pricing Guidelines covering low value-adding intra-group services relating to Action 10 of the BEPS Action plan. Full Article
ng Public comments received on discussion draft on Actions 8, 9 and 10 : revisions to Chapter I of the Transfer Pricing Guidelines (Including risk, recharacterisation and special measures) of the BEPS Action Plan By www.oecd.org Published On :: Tue, 10 Feb 2015 15:00:00 GMT On 19 December 2014, interested parties were invited to comment on the discussion draft on Actions 8, 9 and 10: revisions to Chapter I of the Transfer Pricing Guidelines (Including risk, recharacterisation and special measures) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received. Full Article
ng Public comments received on discussion draft on the transfer pricing aspects of cross-border commodity transactions (BEPS Action 10) By www.oecd.org Published On :: Tue, 10 Feb 2015 15:00:00 GMT On 16 December 2014, the OECD invited comments from interested parties on a discussion draft on the transfer pricing aspects of cross-border commodity transactions. 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. Full Article
ng OECD holds regional network meeting on BEPS in Asia By www.oecd.org Published On :: Mon, 16 Feb 2015 10:00:00 GMT Following the release of the Strategy for Deepening Developing Country Engagement in the BEPS Project in November 2014, the Asia-Pacific Regional Network on BEPS held its meeting on 12 - 13 February 2015 in Seoul. Full Article
ng OECD and CREDAF hold regional network meeting on BEPS By www.oecd.org Published On :: Mon, 02 Mar 2015 12:00:00 GMT After the March 2014 meeting in Paris and following the release of the Strategy for Deepening Developing Country Engagement in the BEPS Project in November 2014, French-speaking countries met on 27 February 2015 in Libreville, Gabon. Full Article
ng OECD holds regional network meeting on BEPS in Latin America By www.oecd.org Published On :: Mon, 02 Mar 2015 16:00:00 GMT Following the release of the Strategy for Deepening Developing Country Engagement in the BEPS Project in November 2014, the Latin America and the Caribbean Regional Network on BEPS held its meeting on 26 - 27 February 2015 in Lima. Full Article
ng OECD holds regional Network Meeting on BEPS in Eastern Europe and Central Asia By www.oecd.org Published On :: Mon, 09 Mar 2015 13:19:00 GMT Following the recent meetings of regional policy networks on BEPS in South East Asia (Korea 12-13 February), francopohone countries (Gabon, 27 February) and Latin America and the Caribbean (Peru, 26-27 February) a regional network meeting in Eastern Europe and Central Asia was held in Ankara, Turkey on 5-6 March. Full Article
ng Moving Beyond the Flat Tax - Tax Policy Reform in the Slovak Republic By dx.doi.org Published On :: Thu, 12 Mar 2015 17:30:00 GMT The Slovak Republic was among the fastest growing OECD economies in the last decade. It is broadly recognised that the 2004 tax reform contributed to this success. Ten years after this fundamental reform, however, the time has come to re-evaluate some of the key characteristics of the Slovak tax system. Full Article
ng International community continues making major progress to end tax evasion By www.oecd.org Published On :: Mon, 16 Mar 2015 10:00:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes published today 9 new peer review reports, including a Phase 1 Supplementary Report for Switzerland, demonstrating continuing progress toward implementation of the international standard for exchange of information on request. Full Article
ng Public consultation on transfer pricing matters (19-20 March 2015) By www.oecd.org Published On :: Thu, 19 Mar 2015 10:00:00 GMT The OECD will hold a public consultation event on transfer pricing matters on 19-20 March 2015 at the OECD Conference Centre in Paris, France. Full Article
ng Developing countries participate in global meetings to counter BEPS By www.oecd.org Published On :: Tue, 24 Mar 2015 11:00:00 GMT Delegates from over 90 jurisdictions have gathered at the OECD Conference Centre in Paris in two meetings devoted to discussing solutions to base erosion and profit shifting (BEPS). Full Article
ng OECD tax burdens on wages rising without tax rate increases By www.oecd.org Published On :: Tue, 14 Apr 2015 11:00:00 GMT Taxes on wages have risen by about 1 percentage point for the average worker in OECD countries between 2010 and 2014 even though the majority of governments did not increase statutory income tax rates, according to a new OECD report. Full Article
ng Release of a discussion draft on BEPS Action 8 (Cost contribution arrangements) By www.oecd.org Published On :: Wed, 29 Apr 2015 14:00:00 GMT Public comments are invited on this discussion draft which deals with work in relation to Action 8 of the BEPS Action Plan. Full Article
ng Public comments received on discussion draft on Action 3 (Strengthening CFC Rules) of the BEPS Action Plan By www.oecd.org Published On :: Tue, 05 May 2015 11:00:00 GMT On 3 April 2015, interested parties were invited to comment on the discussion draft on Action 3 (Strengthening CFC Rules) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received. Full Article
ng The Global Forum released new compliance ratings on tax transparency By www.oecd.org Published On :: Wed, 27 May 2015 12:00:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes published today new peer review reports for the Czech Republic, Kazakhstan and Morocco. Full Article
ng Business brief: The OECD and the G20 are moving in the right direction By www.oecd.org Published On :: Wed, 27 May 2015 12:23:00 GMT Governments are working together in order to try to address a lot of issues that need to be addressed. There is a real and coordinated effort in order to obtain a better level of transparency. Its objectives are quite ambitious. Greater transparency can be a move in a positive direction. Full Article
ng OECD Ministers reinforce importance of investment for strong, green and inclusive growth By www.oecd.org Published On :: Thu, 04 Jun 2015 13:24:00 GMT The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work. Full Article
ng Release of a discussion draft on BEPS Action 8 (Hard-to-value intangibles) By www.oecd.org Published On :: Thu, 04 Jun 2015 17:00:00 GMT Public comments are invited on a discussion draft which deals with work in relation to Action 8 of the Action Plan on Base Erosion and Profit Shifting Full Article
ng Strengthening the international community’s fight against offshore tax evasion: Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information By www.oecd.org Published On :: Thu, 04 Jun 2015 20:59:00 GMT In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard. Full Article
ng OECD releases Implementation Package for BEPS country-by-country reporting By www.oecd.org Published On :: Mon, 08 Jun 2015 11:00:00 GMT Pushing forward efforts to boost transparency in international tax matters, the OECD today released a package of measures for the implementation of a new Country-by-Country Reporting plan developed under the OECD/G20 BEPS Project. Full Article
ng Public comments received on discussion draft on BEPS Action 8 (Hard-to-value intangibles) By www.oecd.org Published On :: Fri, 19 Jun 2015 13:00:00 GMT On 4 June 2015, interested parties were invited to comment on a discussion draft on Action 8 (Hard-to-value intangibles) of the BEPS Action Plan. Full Article
ng Competitiveness Impacts of the German Electricity Tax - Environment Working Paper By dx.doi.org Published On :: Mon, 22 Jun 2015 16:02:00 GMT Proposals to increase environmentally related taxes are often challenged on competitiveness grounds. The concern is that value creation in certain sectors might decline domestically if a country introduces environmentally related taxes unilaterally. This paper provides evidence on the short-term competitiveness impacts of the German electricity tax introduced unilaterally in 1999. Full Article
ng Revenue statistics: Counting better to count more By www.oecdobserver.org Published On :: Thu, 09 Jul 2015 12:32:00 GMT Meeting budgetary targets is hard enough in any country, but for developing countries struggling to lift their economies, it can seem a near impossible task. However, governments and local authorities everywhere in the world have a duty to provide public and social services for their citizens, and infrastructure that will attract investors. Tax revenues are therefore vital for meeting public demands as well as development aspirations. Full Article
ng Tax Inspectors Without Borders: OECD and UNDP to work with developing countries to make tax audits more effective By www.oecd.org Published On :: Mon, 13 Jul 2015 11:00:00 GMT The OECD and the United Nations Development Programme (UNDP) have launched a new initiative to help developing countries bolster domestic revenues by strengthening their tax audit capacities. Full Article
ng Tax literacy for school children and university students is key for fostering a culture of tax compliance By www.oecd.org Published On :: Tue, 28 Jul 2015 16:49:00 GMT Taxpayer education is the bridge linking tax administration and citizens and a key tool to transform tax culture. Covering innovative strategies in 28 countries, this publication offers ideas and inspiration for taxpayer education, literacy and outreach. The presentation ceremony, which took place in Bolivia, was attended by representatives of EuropeAid, EUROsociAL, Bolivia's National Tax Service and the OECD. Full Article
ng The Global Forum releases new compliance ratings on tax transparency By www.oecd.org Published On :: Mon, 03 Aug 2015 10:00:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes published new peer review reports today for 12 countries or jurisdictions, moving further ahead with its goal to implement global standards on transparency and exchange of information for tax purposes. Full Article
ng The OECD takes further steps to putting an end to offshore tax evasion By www.oecd.org Published On :: Fri, 07 Aug 2015 11:00:00 GMT The OECD today releases three new reports to help jurisdictions and financial institutions implement the global Standard for automatic exchange of financial account information. Full Article
ng Increasing tax revenues is crucial to development in emerging Asian economies By www.oecd.org Published On :: Wed, 19 Aug 2015 11:00:00 GMT Increasing tax revenues and ensuring sustainable domestic resource mobilisation will be critical as emerging Asian economies seek to boost the provision of public goods and services and improve economic growth and living standards. Full Article
ng OECD launches report on greater co-operation and information sharing between government agencies to counter financial crimes By www.oecd.org Published On :: Fri, 18 Sep 2015 10:00:00 GMT Vast amounts are lost to illicit financial flows, including tax evasion, money laundering, bribery and corruption. These crimes threaten the strategic, political and economic interests of both developed and developing countries. In a world of limited resources and increasing complexity, it is essential for government authorities to work closely together in a “whole of government” approach to best address these challenges. Full Article
ng Fifth plenary meeting of the Task Force on Tax and Development By www.oecd.org Published On :: Wed, 30 Sep 2015 15:09:00 GMT This event will review progress on tax and development made in 2015, including in relation to the UN Sustainable Development Goals, the Financing for Development Conference, the Addis Tax Initiative, the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project, Exchange of Information for Tax Purposes and Tax Inspectors Without Borders (TIWB). Full Article
ng OECD presents outputs of OECD/G20 BEPS Project for discussion at G20 Finance Ministers meeting By www.oecd.org Published On :: Mon, 05 Oct 2015 14:00:00 GMT The OECD presented today the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules to be discussed by G20 Finance Ministers at their meeting on 8 October, in Lima, Peru. Full Article
ng G20 finance ministers endorse reforms to the international tax system for curbing avoidance by multinational enterprises By www.oecd.org Published On :: Fri, 09 Oct 2015 15:30:00 GMT G20 finance ministers endorsed the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules during a meeting on 8 October, in Lima, Peru. Full Article
ng OECD holds second regional Network Meeting on BEPS in Eastern Europe and Central Asia By www.oecd.org Published On :: Fri, 23 Oct 2015 15:00:00 GMT On 21-23 October 2015, the Eastern Europe and Central Asia Regional Meeting and Governmental Workshop on BEPS discussed the outcomes of the BEPS project, and how countries can engage in the implementation and monitoring of the measures adopted on an equal footing. Full Article
ng 8th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes By www.oecd.org Published On :: Thu, 29 Oct 2015 15:50:00 GMT Keeping tax transparency high on the agenda of Governments and taking steps to ensure a worldwide level playing field will top the agenda during the 8th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, in Bridgetown, Barbados on 29-30 October 2015. Full Article
ng OECD hosts a meeting of the CREDAF Working group on BEPS By www.oecd.org Published On :: Mon, 02 Nov 2015 10:13:00 GMT The CREDAF Working group on BEPS held its second physical meeting in Paris on 2 November 2015, following the one that took place in Kinshasa on 27 May 2015. Twenty five participants gathered to discuss the work to be performed within the implementation phase of the OECD/G20 BEPS Project. Full Article
ng BEPS implementation and beyond: Developed and developing countries gather at the OECD to tackle reforms to the international tax system By www.oecd.org Published On :: Fri, 06 Nov 2015 13:00:00 GMT In-depth discussions took place this week as the international community continues to make progress on the international tax agenda. Officials from more than 100 countries drawing from tax authorities, ministries of finance, development agencies, as well as regional and international organisations, business and civil society came together in a series of meetings hosted by the OECD. Full Article
ng Harmonising revenue statistics among Asian countries By www.oecd.org Published On :: Fri, 13 Nov 2015 13:28:00 GMT Asian representatives from Ministries of Finance and Tax administrations gathered in Seoul, Korea on 14-15 October 2015 to discuss the framework for harmonising their revenue statistics. Full Article
ng G20 leaders endorse OECD measures to crack down on tax loopholes, reaffirm its role in ensuring strong, sustainable and inclusive growth By www.oecd.org Published On :: Mon, 16 Nov 2015 16:00:00 GMT The leaders of the world’s 20 largest economies today endorsed overhauled global standards proposed by the OECD to crack down on tax evasion and reaffirmed the organisation’s central role in helping governments ensure strong, sustainable and inclusive growth. Full Article