oecd OECD releases Transfer Pricing Guidance on Financial Transactions By www.oecd.org Published On :: Tue, 11 Feb 2020 16:00:00 GMT The report is significant because it is the first time the OECD Transfer Pricing Guidelines include guidance on the transfer pricing aspects of financial transactions, which will contribute to consistency in the interpretation of the arm’s length principle and help avoid transfer pricing disputes and double taxation. Full Article
oecd 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
oecd OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Riyadh, Saudi Arabia) - February 2020 By www.oecd.org Published On :: Fri, 14 Feb 2020 11:00:00 GMT Part I reports on the activities in the OECD's international tax agenda, in particular the progress made in addressing the tax challenges arising from the digitalisation of the economy. It also provides an update on G20 tax deliverables including tax transparency, implementation of BEPS measures & capacity building to support developing countries. Part II reports on the activities of the Global Forum. Full Article
oecd OECD seeks input on draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy By www.oecd.org Published On :: Wed, 19 Feb 2020 11:00:00 GMT As part of the ongoing work of the Committee on Fiscal Affairs, the OECD is seeking public comments on the draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy. Full Article
oecd BEPS Action 14: OECD releases stage 1 peer review reports on dispute resolution for Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia By www.oecd.org Published On :: Mon, 24 Feb 2020 11:00:00 GMT 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. Full Article
oecd OECD releases IT-tools to support the implementation of TRACE and the wider exchange of tax information By www.oecd.org Published On :: Tue, 25 Feb 2020 16:00:00 GMT Today, the OECD released IT-formats and guidance to support the technical implementation of the OECD Treaty Relief and Compliance Enhancement (TRACE) initiative, as well as to facilitate the wider use of the OECD Common Transmission System (CTS) for the exchange of information between tax administrations. Full Article
oecd Thank you for following OECD tax on Twitter By www.oecd.org Published On :: Wed, 11 Mar 2020 20:38:00 GMT 20% off for 20 days to celebrate 20k Twitter followers! Full Article
oecd Despite recent reforms, Seychelles needs a fairer and more sustainable tax system says OECD By www.oecd.org Published On :: Thu, 12 Mar 2020 08:00:00 GMT 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. Full Article
oecd Coronavirus (Covid-19): Update on OECD tax work By www.oecd.org Published On :: Tue, 17 Mar 2020 18:58:00 GMT 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. Full Article
oecd 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
oecd Tackling the coronavirus: OECD Forum on Tax Administration publishes actions that tax administrations are currently taking to support taxpayers By www.oecd.org Published On :: Tue, 31 Mar 2020 10:00:00 GMT 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. Full Article
oecd OECD issues recommendations on implications of the COVID-19 crisis on cross-border workers and other related cross-border matters By www.oecd-forum.org Published On :: Fri, 03 Apr 2020 15:00:00 GMT At the request of concerned countries, the OECD Secretariat has issued guidance on these issues based on a careful analysis of the international tax treaty rules. Full Article
oecd Tackling the coronavirus: OECD Forum on Tax Administration publishes advice on business continuity considerations for tax administrations By www.oecd.org Published On :: Tue, 07 Apr 2020 11:00:00 GMT 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. Full Article
oecd OECD releases BEPS Action 14 reports for Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden By www.oecd.org Published On :: Thu, 09 Apr 2020 11:00:00 GMT 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. Full Article
oecd New OECD data provides a baseline for measuring the impact of COVID-19 on labour taxes By www.oecd.org Published On :: Thu, 30 Apr 2020 10:00:00 GMT Labour taxes on the average worker across OECD countries continued to decline for the sixth consecutive year in 2019, according to a new OECD report. Full Article
oecd OECD Tax Talks By www.oecd.org Published On :: Mon, 04 May 2020 14:00:00 GMT With a number of recent and upcoming developments in the OECD’s international tax agenda, we invite you to join a live webinar with experts from the Centre for Tax Policy and Administration for an update on our work in the context of the COVID-19 crisis. Full Article
oecd OECD and European Commission join forces to further support structural reforms in European countries By www.oecd.org Published On :: Fri, 18 Oct 2019 14:30:00 GMT The OECD and the European Commission’s Structural Reform Support Service (SRSS) sealed a new agreement today in Paris that will see the OECD provide wide-ranging policy support to advance structural reforms in European countries. Full Article
oecd Mr. Angel Gurría, Secretary-General of the OECD, in Santiago, Chile, on 14-15 October 2019 By www.oecd.org Published On :: Fri, 11 Oct 2019 09:00:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, will be in Santiago, Chile, on 14-15 October 2019 to attend the Asia-Pacific Economic Cooperation (APEC) Finance Ministers meeting. Full Article
oecd 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
oecd A new agenda for the future - 2011 Annual Report on the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Thu, 22 Dec 2011 00:00:00 GMT The 2011 annual report on the OECD Guidelines for Multinational Enterprises focuses on adhering countries' committment to new, stronger standards of corporate behaviour in the updated OECD Guidelines for Multinational Enterprises. Full Article
oecd OECD recognises Switzerland’s commitment to the fight against foreign bribery and recommends further improvements By www.oecd.org Published On :: Thu, 12 Jan 2012 00:00:00 GMT The Phase 3 Report on Switzerland by the OECD Working Group on Bribery evaluates and makes recommendations on Switzerland 's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. Full Article
oecd Identification and Quantification of the Proceeds of Bribery: A joint OECD-StAR analysis By www.oecd.org Published On :: Fri, 30 Mar 2012 00:00:00 GMT Bribery of public officials is harmful to good governance, economic development and competitive conditions. Confiscation and recovery of the proceeds derived from foreign bribery are key elements in the international framework to fight corruption of public officials. Full Article
oecd Gold Supplement to the OECD Due Diligence Guidance By www.oecd.org Published On :: Wed, 18 Jul 2012 00:00:00 GMT This guidance addresses the unique due diligence challenges posed by gold, such as its intrinsic high-value and fungible nature, the non-linear structure of its supply chain, and its multiple downstream uses. Full Article
oecd Middle East and North Africa : Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD By www.oecd.org Published On :: Mon, 08 Oct 2012 15:21:00 GMT Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Full Article
oecd Investment: G20 governments must step up efforts to resist protectionism, says OECD, WTO, UNCTAD report By www.oecd.org Published On :: Wed, 31 Oct 2012 11:00:00 GMT The OECD, WTO and UNCTAD have called on G20 governments to step up efforts to resist protectionism in the face of continuing high unemployment and a weak economic recovery. Full Article
oecd OECD and National Human Rights Institutions join forces to promote respect of human rights by multinational companies By www.oecd.org Published On :: Wed, 07 Nov 2012 17:53:00 GMT 07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based. Full Article
oecd Tunisia - Investment Policy Review - OECD By www.oecd.org Published On :: Thu, 22 Nov 2012 00:00:00 GMT This Investment Policy Review examines Tunisia's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment. Full Article
oecd Colombia joins OECD Anti-Bribery Convention By www.oecd.org Published On :: Tue, 11 Dec 2012 16:00:00 GMT Colombia will become the 40th Party to the OECD Anti-Bribery Convention on 19 January 2013. Full Article
oecd 2012 Annual Report on the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Wed, 12 Dec 2012 00:00:00 GMT The 2012 annual report on the OECD Guidelines for Multinational Enterprises provides an account of the actions taken by the adhering governments over the 12 months to June 2012 to enhance the contribution of the Guidelines to the improved functioning of the global economy and focuses on how NCPs are working to improve their mediation skills. Full Article
oecd Gesetze gegen Auslandsbestechung in Österreich unzureichend umgesetzt – OECD setzt auf baldige Verbesserung By www.oecd.org Published On :: Tue, 08 Jan 2013 14:00:00 GMT Die OECD-Arbeitsgruppe gegen Bestechung bedauert, dass in Österreich bisher noch kein Urteil wegen der Bestechung von ausländischen Amtsträgern ergangen ist, obwohl seit der Ratifizierung des entsprechenden OECD-Übereinkommens vor 13 Jahren eine Reihe von Vorwürfen vorlag. Full Article
oecd Austria’s enforcement of foreign bribery laws far too weak, but could pick up soon says OECD By www.oecd.org Published On :: Tue, 08 Jan 2013 14:00:00 GMT The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations. Full Article
oecd Netherlands must significantly step up its foreign bribery enforcement, says OECD By www.oecd.org Published On :: Tue, 08 Jan 2013 16:27:00 GMT The Netherlands is failing to vigorously pursue foreign bribery allegations and must do more to enforce its foreign bribery laws. Fourteen out of 22 foreign bribery allegations have not triggered the opening of an investigation, calling into question the Netherlands’ ability and proactivity in investigating and prosecuting this crime. Full Article
oecd OECD seriously concerned by absence of foreign bribery convictions in Spain By www.oecd.org Published On :: Tue, 08 Jan 2013 16:40:00 GMT Spain’s enforcement of its foreign bribery laws has been extremely low, with not a single prosecution out of only seven investigations in 13 years since joining the OECD Anti-Bribery Convention. Spain must vigorously pursue foreign bribery allegations and strengthen its legal framework for fighting bribery by addressing gaps in its Penal Code, says a new OECD report. Full Article
oecd OECD urges stronger international co-operation on corporate tax By www.oecd.org Published On :: Tue, 12 Feb 2013 15:00:00 GMT Global solutions are needed to ensure that tax systems do not unduly profit multinational enterprises, leaving citizens and small businesses with bigger tax bills. Full Article
oecd OECD to assist Tunisia in investment reform and infrastructure projects By www.oecd.org Published On :: Thu, 28 Feb 2013 11:44:00 GMT The OECD, together with the African Development Bank and International Finance Corporation, will assist the Tunisian authorities in implementing a new law on public-private partnerships(PPPs)and a new investment code in order to increase transparency, openness and predictability for investors. Full Article
oecd India-OECD seminar on fighting bribery in business transactions By www.oecd.org Published On :: Thu, 23 May 2013 14:46:00 GMT Co-organised by the Confederation of Indian Industry (CII) and the OECD in New Delhi, discussions at this seminar focused on corruption challenges facing Indian companies today and what can be done to overcome these challenges. Full Article
oecd OECD-SADC-IFC-JICA seminar on private sector participation in Africa's infrastructure By www.oecd.org Published On :: Fri, 31 May 2013 18:09:00 GMT This seminar focused on overcoming challenges to private sector participation in infrastructure in Southern Africa. Full Article
oecd Portugal needs proactive enforcement to tackle severe foreign bribery risks, says OECD By www.oecd.org Published On :: Thu, 20 Jun 2013 11:00:00 GMT Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries. Full Article
oecd OECD Working Group on Bribery Elects New Chair By www.oecd.org Published On :: Mon, 08 Jul 2013 11:00:00 GMT The OECD Working Group on Bribery has designated Slovenian national Drago Kos to serve as the Group’s new Chair. Full Article
oecd Leaders endorse new G20/OECD principles on long-term investment financing By www.oecd.org Published On :: Fri, 06 Sep 2013 14:00:00 GMT G20 Leaders today endorsed an OECD-launched initiative to encourage the flow of institutional investment towards longer-term assets, such as infrastructure and renewable energy projects, in order to strengthen the global economy. Full Article
oecd Global Value Chains offer major opportunity for growth and progress in advanced and developing economies, according to OECD-WTO-UNCTAD report to G20 By www.oecd.org Published On :: Fri, 06 Sep 2013 22:53:00 GMT Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD). Full Article
oecd Costa Rica signs OECD agreement to boost investment By www.oecd.org Published On :: Mon, 30 Sep 2013 17:00:00 GMT Costa Rica today became the 45th country to adhere to an OECD international investment instrument, designed to help the country attract more and better foreign investment and promote responsible business conduct. Full Article
oecd 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
oecd Despite certain progress, the OECD remains concerned with Russia’s compliance with key provisions of the OECD Anti-Bribery Convention By www.oecd.org Published On :: Thu, 17 Oct 2013 11:00:00 GMT Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases. Full Article
oecd New Zealand not immune from foreign bribery, says OECD By www.oecd.org Published On :: Thu, 17 Oct 2013 11:00:00 GMT New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts. Full Article
oecd Costa Rica adheres to OECD instruments during visit by OECD Secretary-General By www.oecd.org Published On :: Thu, 17 Oct 2013 20:00:00 GMT Costa Rica adhered today to OECD legal instruments on Internet governance and international business conduct, demonstrating its willingness to align its policies to best practices in these areas and work together with the Organisation. Full Article
oecd Myanmar pledges further investment climate reforms; welcomes OECD efforts to promote responsible investment By www.oecd.org Published On :: Mon, 21 Oct 2013 21:17:00 GMT Deputy Minister of National Planning and Economic Development, Dr. Khin San Yee, presented her country’s ambitious efforts to improve the investment climate at meetings of the OECD Investment Committee and Advisory Group on Investment and Development from 15-17 October 2013 in Paris. Full Article
oecd Mozambique - OECD Investment Policy Review By www.oecd.org Published On :: Wed, 13 Nov 2013 15:02:00 GMT This Investment Policy Review examines Mozambique's achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment. Full Article
oecd Malaysia - OECD Investment Policy Review By www.oecd.org Published On :: Wed, 27 Nov 2013 12:26:00 GMT The Malaysian government, in partnership with the OECD and ASEAN, has undertaken a review of its investment policies as part of an active programme of investment policy reforms to help revive both foreign and domestic investment. Full Article
oecd Jordan signs OECD agreement to strengthen investment climate By www.oecd.org Published On :: Thu, 28 Nov 2013 11:11:00 GMT Jordan has become the 46th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. This adherence bears witness to the determination that Jordan holds towards strengthening the liberalisation of investment, increasing its integration into the world economy and promoting responsible business conduct. Full Article