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.

The work on BEPS Action 14 continues with today's publication of the seventh 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.

On 8 November 2019, interested parties were invited to provide comments on certain aspects of the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two. The OECD is grateful to the commentators for their input and now publishes the public comments received.

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD Secretariat is seeking public comments on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two. This public consultation meeting will focus on the key questions identified in the consultation document and issues raised in the written submissions received as part of the consultation process.

The Inclusive Framework on BEPS welcomes Honduras bringing to 137 the total number of countries and jurisdictions participating on an equal footing in the Project.

Brazil has identified a clear pathway for bringing its existing transfer pricing framework into alignment with the international consensus, and is weighing two options – immediate or gradual implementation, according to a new joint report by the OECD and Receita Federal, Brazil’s federal revenue authority (RFB).

The OECD today published two self-assessment maturity models on tax debt management and the reduction of compliance burdens, both critical areas for successful tax administration. Maturity models set out descriptions of capabilities and performance in a particular function or set of activities across a number of levels of increasing maturity, in the case of these models from an emerging to an aspirational level.

The international community reaffirmed its commitment to reach a consensus-based long-term solution to the tax challenges arising from the digitalisation of the economy, and will continue working toward an agreement by the end of 2020, according to the Statement by the Inclusive Framework on BEPS released by the OECD today.

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework), the OECD invites public comments on the Review of the BEPS Action 13 minimum standard.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) and the World Bank carried out a technical assistance mission in Antananarivo on 20-24 January 2020 to assist Madagascar in the implementation of the international tax transparency standards.

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.

As part of the Inclusive Framework’s work relating to the tax challenges arising from the digitalisation of the economy, the OECD has been carrying out an economic analysis and impact assessment of the Pillar 1 and Pillar 2 proposals. Please join a live webcast with experts from the OECD to learn more about this work, which will include a presentation of preliminary results on the revenue and investment effects of the proposals.

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.

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.

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.

On 6 Feburary 2020, interested parties were invited to provide comments on the Review of the BEPS Action 13 minimum standard. The OECD is grateful to the commentators for their input and now publishes the public comments received.

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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.

Comprised of 34 Global Forum members, the Automatic Exchange of Information Peer Review Group (APRG) held its first meeting on 16-18 March 2020 to discuss key issues in ensuring that jurisdictions are putting in place what is required to deliver an effective AEOI Standard, as well as how the recent developments in relation to Covid-19 might impact expectations.

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.

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.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today eight new peer review reports assessing compliance with the international standard on transparency and exchange of information on request (EOIR).

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.

On 19 February 2020, interested parties were invited to provide comments on the draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy. The OECD is grateful to the commentators for their input and now publishes the public comments received

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.

Exports of (bop) - Metalworking Machinery in Canada increased to 27.50 CAD Million in March from 21.10 CAD Million in February of 2020. Exports of (bop) - Metalworking Machinery in Canada averaged 27.46 CAD Million from 1988 until 2020, reaching an all time high of 63.10 CAD Million in October of 1997 and a record low of 4.40 CAD Million in July of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Metalworking Machinery.

Exports (Bop) - Bottled Water, Carbonated Soft Drinks, Ice in Canada decreased to 45.20 CAD Million in March from 51.70 CAD Million in February of 2020. Exports (Bop) - Bottled Water, Carbonated Soft Dri in Canada averaged 20.38 CAD Million from 1988 until 2020, reaching an all time high of 51.70 CAD Million in February of 2020 and a record low of 0.60 CAD Million in October of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Bottled Water, Carbonated Soft.

Exports (Bop) - Clothing, Footwear And Accessories in Canada decreased to 172.20 CAD Million in March from 220.10 CAD Million in February of 2020. Exports (Bop) - Clothing, Footwear And Accessories in Canada averaged 187.63 CAD Million from 1988 until 2020, reaching an all time high of 333.20 CAD Million in July of 2002 and a record low of 36.80 CAD Million in December of 1990. This page includes a chart with historical data for Canada Exports of (bop) - Clothing, Footwear And Accesso.

Exports (Bop) - Clothing, Footwear And Textile Products in Canada decreased to 365.60 CAD Million in March from 414.50 CAD Million in February of 2020. Exports (Bop) - Clothing, Footwear And Textile Pro in Canada averaged 368.67 CAD Million from 1988 until 2020, reaching an all time high of 632 CAD Million in July of 2002 and a record low of 89 CAD Million in December of 1990. This page includes a chart with historical data for Canada Exports of (bop) - Clothing, Footwear And Textile.

Exports (Bop) - Agricultural, Lawn&Garden Machinery&Equipment in Canada increased to 123.10 CAD Million in March from 115.60 CAD Million in February of 2020. Exports (Bop) - Agricultural, Lawn&Garden Machiner in Canada averaged 90.02 CAD Million from 1988 until 2020, reaching an all time high of 173.60 CAD Million in November of 1997 and a record low of 42.20 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Agricultural, Lawn&garden Mach.

Imports of (bop) - Wheat in Canada increased to 5.80 CAD Million in March from 5.50 CAD Million in February of 2020. Imports of (bop) - Wheat in Canada averaged 1.41 CAD Million from 1988 until 2020, reaching an all time high of 9.90 CAD Million in December of 2002 and a record low of 0 CAD Million in February of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Wheat.

Imports (Bop) - Unwrought Precious Metals&Precious Metal Alloys in Canada increased to 318 CAD Million in March from 296.60 CAD Million in February of 2020. Imports (Bop) - Unwrought Precious Metals&Precious in Canada averaged 284.46 CAD Million from 1988 until 2020, reaching an all time high of 1207.90 CAD Million in July of 2011 and a record low of 16 CAD Million in February of 1992. This page includes a chart with historical data for Canada Imports of (bop) - Unwrought Precious Metals&prec.

Imports (Bop) - Unwrought Nickel And Nickel Alloys in Canada decreased to 11 CAD Million in March from 12.30 CAD Million in February of 2020. Imports (Bop) - Unwrought Nickel And Nickel Alloys in Canada averaged 12.49 CAD Million from 1988 until 2020, reaching an all time high of 69.40 CAD Million in May of 2014 and a record low of 0.20 CAD Million in August of 2009. This page includes a chart with historical data for Canada Imports of (bop) - Unwrought Nickel And Nickel Al.

Imports (Bop) - Unwrought Copper And Copper Alloys in Canada increased to 37.70 CAD Million in March from 29.20 CAD Million in February of 2020. Imports (Bop) - Unwrought Copper And Copper Alloys in Canada averaged 34.78 CAD Million from 1988 until 2020, reaching an all time high of 204.20 CAD Million in May of 2008 and a record low of 1.50 CAD Million in July of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Unwrought Copper And Copper Al.

Imports (Bop) - Ships, Locomotives, Railway Rolling Stock in Canada decreased to 117.90 CAD Million in March from 184.70 CAD Million in February of 2020. Imports (Bop) - Ships, Locomotives, Railway Rollin in Canada averaged 66.09 CAD Million from 1988 until 2020, reaching an all time high of 648.50 CAD Million in August of 2018 and a record low of 0.40 CAD Million in November of 1992. This page includes a chart with historical data for Canada Imports of (bop) - Ships, Locomotives, Railway Ro.

Imports (Bop) - Parts Of Railway Rolling Stock&Other Transport in Canada increased to 100.60 CAD Million in March from 91.90 CAD Million in February of 2020. Imports (Bop) - Parts Of Railway Rolling Stock&Oth in Canada averaged 83.04 CAD Million from 1988 until 2020, reaching an all time high of 479.10 CAD Million in December of 2019 and a record low of 22.90 CAD Million in September of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Parts of Railway Rolling Stock.

Imports of (bop) - Metalworking Machinery in Canada decreased to 102.50 CAD Million in March from 123.70 CAD Million in February of 2020. Imports of (bop) - Metalworking Machinery in Canada averaged 85.39 CAD Million from 1988 until 2020, reaching an all time high of 167.80 CAD Million in September of 1999 and a record low of 26.30 CAD Million in September of 1992. This page includes a chart with historical data for Canada Imports of (bop) - Metalworking Machinery.

Imports - Coins, Gems, Jewelry & Collectibles (Census Basis) in the United States decreased to 1531.35 USD Million in March from 2278.46 USD Million in February of 2020. Imports - Coins, Gems, Jewelry & Collectibles (Cen in the United States averaged 1516.51 USD Million from 1989 until 2020, reaching an all time high of 2899.82 USD Million in August of 2019 and a record low of 507.66 USD Million in May of 1989. This page includes a chart with historical data for the United States Imports of Coins, Gems, Jewelry & Collectibles.

Weapons Sales in Italy decreased to 611 USD Million in 2018 from 802 USD Million in 2017. Weapons Sales in Italy averaged 476.13 USD Million from 1950 until 2018, reaching an all time high of 1715 USD Million in 1981 and a record low of 1 USD Million in 1953. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in Australia decreased to 38 USD Million in 2018 from 98 USD Million in 2017. Weapons Sales in Australia averaged 50.54 USD Million from 1952 until 2018, reaching an all time high of 158 USD Million in 1990 and a record low of 2 USD Million in 1961. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in New Zealand increased to 6 USD Million in 2018 from 4 USD Million in 2017. Weapons Sales in New Zealand averaged 8.05 USD Million from 1967 until 2018, reaching an all time high of 75 USD Million in 2012 and a record low of 1 USD Million in 1968. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in South Africa increased to 149 USD Million in 2018 from 103 USD Million in 2017. Weapons Sales in South Africa averaged 51.06 USD Million from 1959 until 2018, reaching an all time high of 235 USD Million in 2010 and a record low of 1 USD Million in 1973. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in Canada increased to 84 USD Million in 2018 from 64 USD Million in 2017. Weapons Sales in Canada averaged 184.13 USD Million from 1950 until 2018, reaching an all time high of 473 USD Million in 1958 and a record low of 38 USD Million in 1950. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in Brazil increased to 111 USD Million in 2018 from 47 USD Million in 2017. Weapons Sales in Brazil averaged 80.34 USD Million from 1960 until 2018, reaching an all time high of 267 USD Million in 1984 and a record low of 1 USD Million in 2005. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in China decreased to 1040 USD Million in 2018 from 1227 USD Million in 2017. Weapons Sales in China averaged 849.91 USD Million from 1954 until 2018, reaching an all time high of 2605 USD Million in 1987 and a record low of 3 USD Million in 1954. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in India decreased to 46 USD Million in 2018 from 56 USD Million in 2017. Weapons Sales in India averaged 13.85 USD Million from 1959 until 2018, reaching an all time high of 56 USD Million in 2017 and a record low of 0 USD Million in 1987. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in Indonesia decreased to 15 USD Million in 2018 from 94 USD Million in 2017. Weapons Sales in Indonesia averaged 21.90 USD Million from 1963 until 2018, reaching an all time high of 94 USD Million in 2017 and a record low of 1 USD Million in 2008. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in Israel decreased to 707 USD Million in 2018 from 1254 USD Million in 2017. Weapons Sales in Israel averaged 295.85 USD Million from 1954 until 2018, reaching an all time high of 1441 USD Million in 2016 and a record low of 4 USD Million in 1957. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in South Korea increased to 1083 USD Million in 2018 from 751 USD Million in 2017. Weapons Sales in South Korea averaged 172.56 USD Million from 1972 until 2018, reaching an all time high of 1083 USD Million in 2018 and a record low of 7 USD Million in 1994. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Weapons Sales in the United Kingdom decreased to 741 USD Million in 2018 from 1235 USD Million in 2017. Weapons Sales in the United Kingdom averaged 2049.07 USD Million from 1950 until 2018, reaching an all time high of 5966 USD Million in 1956 and a record low of 741 USD Million in 2018. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.