anc OECD publishes comments received on strategies that allegedly result in the artificial avoidance of PE Status By www.oecd.org Published On :: Thu, 16 Jan 2014 18:51:00 GMT On 22 October 2013, the OECD requested interested parties to send a short description of strategies that might be considered to result in the artificial avoidance of PE status in relation to base erosion and profit shifting. The OECD has now published the only response received following that invitation. Full Article
anc International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners By www.oecd.org Published On :: Fri, 28 Mar 2014 14:00:00 GMT Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing. Full Article
anc Advancing global action to support fiscal sustainability By g7.newsdeskmedia.com Published On :: Wed, 11 Jun 2014 14:28:00 GMT Article about OECD work with international partners to eradicate tax evasion and tax avoidance, published in G7 Brussels Summit magazine, June 2014 Full Article
anc Cameroon signs the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Thu, 26 Jun 2014 10:04:00 GMT Cameroon has become the 65th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the most powerful international instrument to fight international tax avoidance and evasion. Full Article
anc Gabon joins international efforts to end tax avoidance and evasion By www.oecd.org Published On :: Thu, 03 Jul 2014 10:07:00 GMT Gabon has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters at a ceremony today at the OECD. Gabon is the seventh African country to sign the Convention since it was opened for signature to all countries in June 2011. Full Article
anc Global Forum releases new compliance ratings on tax transparency for 10 jurisdictions By www.oecd.org Published On :: Mon, 04 Aug 2014 10:22:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes published today 13 new peer review reports demonstrating progress toward implementation of the international standard for exchange of information on request. The Global Forum also issued compliance ratings for 10 jurisdictions. Full Article
anc OECD releases first BEPS recommendations to G20 for international approach to combat tax avoidance by multinationals By www.oecd.org Published On :: Tue, 16 Sep 2014 14:00:00 GMT The OECD released today its first recommendations for a co-ordinated international approach to combat tax avoidance by multinational enterprises, under the OECD/G20 Base Erosion and Profit Shifting Project designed to create a single set of international tax rules to end the erosion of tax bases and the artificial shifting of profits to jurisdictions to avoid paying tax. Full Article
anc OECD and G20 pursue efforts to curb multinational tax avoidance and offshore tax evasion in developing countries By www.oecd.org Published On :: Mon, 22 Sep 2014 15:00:00 GMT The OECD has been mandated by the G20 to develop toolkits to support developing countries addressing base erosion and profit shifting (BEPS) and to launch pilot tests to assist them to move towards automatic exchange of information. Full Article
anc Monaco deepens commitment to fight offshore tax avoidance and evasion By www.oecd.org Published On :: Mon, 13 Oct 2014 15:02:00 GMT OECD Secretary-General Angel Gurría welcomed today the Principality of Monaco’s commitment to strengthen international tax co-operation after it became the 84th jurisdiction participating in the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Full Article
anc Release of discussion draft on Action 7 (Prevent the Artificial Avoidance of PE Status) of the BEPS Action Plan By www.oecd.org Published On :: Fri, 31 Oct 2014 15:00:00 GMT The Committee on Fiscal Affairs (CFA) invites interested parties to send comments on this discussion draft, which includes the preliminary results of the work carried on with respect to issues related to the artificial avoidance of PE status and includes proposals for changes to the definition of permanent establishment found in the OECD Model Tax Convention. Full Article
anc 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
anc Release of a discussion draft on Action 4 (Interest deductions and other financial payments) By www.oecd.org Published On :: Thu, 18 Dec 2014 15:00:00 GMT Public comments are invited on a discussion draft which deals with action 4 (Interest deductions and other financial payments) of the BEPS Action Plan Full Article
anc Public comments received on discussion draft on Action 7 (Prevent the Artificial Avoidance of PE Status) of the BEPS Action Plan By www.oecd.org Published On :: Mon, 12 Jan 2015 16:00:00 GMT On 31 October 2014, the OECD invited comments from interested parties on the discussion draft on Action 7 (Prevent the Artificial Avoidance of PE Status) of the BEPS Action Plan. The OECD now publishes the comments received. Full Article
anc BEPS Public Consultation: Prevent the Artificial Avoidance of PE Status By www.oecd.org Published On :: Wed, 21 Jan 2015 09:30:00 GMT A public consultation on BEPS Action 7 (Prevent the Artificial Avoidance of PE Status) is scheduled to be held in Paris at the OECD Conference Centre on 21 January 2015. Full Article
anc First steps towards implementation of OECD/G20 efforts against tax avoidance by multinationals By www.oecd.org Published On :: Fri, 06 Feb 2015 16:42:00 GMT The agreed mandate authorises the formation of an ad-hoc negotiating group, open to participation from all states. The group will be hosted by the OECD and will hold its first meeting by July 2015, with an aim to conclude drafting by 31 December 2016. Full Article
anc Public comments received on discussion draft on Action 4 (Interest Deductions and Other Financial Payments) of the BEPS Action Plan By www.oecd.org Published On :: Wed, 11 Feb 2015 11:00:00 GMT On 18 December 2014, interested parties were invited to comment on the discussion draft on Action 4 (Interest Deductions and other Financial Payments) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received. Full Article
anc Public Consultation: Interest Deductions and other financial payments By www.oecd.org Published On :: Tue, 17 Feb 2015 09:00:00 GMT A public consultation on BEPS Action Item 4 (Interest deductions and other financial payments) was held in Paris at the OECD Conference Centre on 17 February 2015. Full Article
anc Release of a new discussion draft on BEPS Action 7 (Prevent the Artificial Avoidance of PE Status) By www.oecd.org Published On :: Fri, 15 May 2015 10:00:00 GMT Public comments are invited on a new discussion draft which includes proposals resulting from the work on Action 7 (Prevent the Artificial Avoidance of PE Status) of the Action Plan on Base Erosion and Profit Shifting (BEPS). Full Article
anc 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
anc 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
anc Public comments received on revised discussion draft on Action 7 (Prevent the Artificial Avoidance of PE Status) of the BEPS Action Plan By www.oecd.org Published On :: Mon, 15 Jun 2015 12:00:00 GMT On 15 May 2015, interested parties were invited to comment on a revised discussion draft on Action 7 (Prevent the Artificial Avoidance of PE Status) of the BEPS Action Plan. Full Article
anc OECD Secretary-General welcomes release of EU plan to curb corporate tax avoidance By www.oecd.org Published On :: Wed, 17 Jun 2015 13:00:00 GMT The European Commission presented today an Action Plan to fundamentally reform corporate taxation in the EU. The Action Plan sets out a series of initiatives to tackle tax avoidance, secure sustainable revenues and strengthen the Single Market for businesses. Full Article
anc Mauritius deepens its commitment to fight international tax avoidance and evasion By www.oecd.org Published On :: Tue, 23 Jun 2015 11:16:00 GMT In line with the international movement towards more transparency and exchange of information, Mauritius has taken a significant step to enhance its exchange of information legal framework and has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Full Article
anc 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
anc 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
anc New report compares performance, best practices and trends in 56 tax administrations By www.oecd.org Published On :: Tue, 11 Aug 2015 11:00:00 GMT Tax administrations continue to face the challenges of improving their performance while reducing costs, decreasing compliance burdens for taxpayers tackling non-compliance. Improving taxpayer services, while making non-compliance harder, is helping revenue bodies increase their efficiency and allowing governments to finance important programmes that will further benefit their citizens. Full Article
anc 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
anc Healthcare costs unsustainable in advanced economies without reform By www.oecd.org Published On :: Thu, 24 Sep 2015 11:00:00 GMT Healthcare costs are rising so fast in advanced economies that they will become unaffordable by mid-century without reforms, according to a new OECD report. Full Article
anc 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
anc 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
anc Uganda becomes the 90th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Wed, 04 Nov 2015 11:00:00 GMT Uganda today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention provides for all forms of administrative assistance in tax matters: exchange of information on request, spontaneous exchange, automatic exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection. It guarantees extensive safeguards for the protection of taxpayers’ rights. Full Article
anc Niue becomes the 92nd jurisdiction to join the most powerful instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Fri, 27 Nov 2015 12:00:00 GMT Niue today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention provides for all forms of administrative assistance in tax matters: exchange of information on request, spontaneous exchange, automatic exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection. It guarantees extensive safeguards for the protection of taxpayers’ rights. Full Article
anc Greenland takes key step in implementing automatic exchange of financial account information By www.oecd.org Published On :: Mon, 21 Dec 2015 12:00:00 GMT On 17 December 2015 Greenland signed the Multilateral Competent Authority Agreement, re-confirming its commitment to implement automatic exchange of financial account information in time to exchange in 2017. Full Article
anc Malaysia confirms its commitment to implement Automatic Exchange of Financial Account Information By www.oecd.org Published On :: Wed, 27 Jan 2016 10:22:00 GMT Malaysia today signed the Multilateral Competent Authority Agreement, re-confirming its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018. Full Article
anc OECD Secretary-General Angel Gurría welcomes European Commission corporate tax avoidance proposals By www.oecd.org Published On :: Thu, 28 Jan 2016 12:50:00 GMT The European Commission presented today a series of measures for a coordinated EU-wide response to corporate tax avoidance, notably through implementation of the global standards developed under the OECD/G20 Base Erosion and Profit Shifting Project. The Commission proposal would align tax laws in all 28 EU countries, in order to fight aggressive tax practices by multinational enterprises Full Article
anc Kenya becomes the 94th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Mon, 08 Feb 2016 18:38:00 GMT Kenya today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. Full Article
anc Regional meeting in Dakar on the implementation of the BEPS Project for francophone African countries By www.oecd.org Published On :: Wed, 24 Feb 2016 17:00:00 GMT On 22-23 February 2016, a regional network meeting on the implementation of the BEPS package was held in Dakar (Senegal), by the OECD in partnership with the CREDAF (Centre de Rencontres et d'Etudes des Dirigeants des Administrations Fiscales). Full Article
anc New Global Forum peer reviews highlight ever-increasing compliance with tax transparency standards By www.oecd.org Published On :: Mon, 14 Mar 2016 14:00:00 GMT The world’s leading forum on tax transparency published 10 new peer review reports today, pointing to ever-increasing compliance with the internationally-recognised standards to curb tax evasion through the exchange of information. Full Article
anc Concrete actions needed to advance global tax transparency, OECD says By www.oecd.org Published On :: Thu, 14 Apr 2016 18:00:00 GMT The international community should call time on all remaining holdouts who have yet to implement internationally agreed tax transparency standards, OECD Secretary General Angel Gurría said in a new report to the G20. Full Article
anc Joint statement on the fight against illicit financial flows, by OECD Secretary-General Angel Gurría and Thabo Mbeki, Chair of the High Level Panel on Illicit Financial Flows from Africa By www.oecd.org Published On :: Tue, 19 Apr 2016 17:00:00 GMT The issue of illicit financial flows (IFFS) is at the forefront of the international agenda. Both the OECD and the High Level Panel have focused attention on this problem and have identified ways in which to tackle it. Full Article
anc Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to the international standard of automatic exchange of financial account information to tackle tax evasion and avoidance By www.oecd.org Published On :: Wed, 11 May 2016 21:44:00 GMT The OECD and the Global Forum on Transparency and Exchange of Information for Tax Purposes announced today that Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to share financial account information automatically with other countries. Full Article
anc Brazil, Jamaica and Uruguay expand their capacity to fight international tax avoidance and evasion By www.oecd.org Published On :: Wed, 01 Jun 2016 20:00:00 GMT Jamaica and Uruguay today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and Brazil deposited its instrument of ratification of the Convention on the occasion of the launch of the OECD’s Latin American and Caribbean Regional Programme and the OECD Ministerial Council Meeting. Full Article
anc OECD appoints new Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration By www.oecd.org Published On :: Thu, 02 Jun 2016 17:00:00 GMT Mr Jefferson VanderWolk has been appointed Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration. He will take up his duties in early July 2016. Full Article
anc The Dominican Republic and Nauru become the 97th and 98th jurisdictions to join the most powerful instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Tue, 28 Jun 2016 15:18:00 GMT Mrs Rosa Hernández de Grullón, Ambassador of the Dominican Republic to France and Mr John Petersen, Advisor to the Minister of Finance of Nauru, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of Deputy Secretary General Rintaro Tamaki, therewith becoming the 97th and 98th jurisdictions to join the Convention. Full Article
anc New steps to strengthen transparency in international tax matters: OECD releases guidance on the implementation of country-by-country reporting By www.oecd.org Published On :: Wed, 29 Jun 2016 15:00:00 GMT Today the OECD has taken a new step in its continuing efforts to boost transparency in international tax matters with the release of guidance on the implementation of country-by-country (CbC) reporting. Full Article
anc Release of BEPS discussion drafts on attribution of profits to permanent establishments and revised guidance on profit splits By www.oecd.org Published On :: Mon, 04 Jul 2016 16:00:00 GMT Public comments are invited on discussion drafts on "Attribution of Profits to Permanent Establishments" which deals with work in relation to BEPS Action 7 and on the "Revised Guidance on Profit Splits" which deals with work in related to BEPS Actions 8-10 of the OECD/G20 BEPS Action Plan. Full Article
anc OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Chengdu, China) - July 2016 By www.oecd.org Published On :: Sun, 24 Jul 2016 18:00:00 GMT This report consists of two parts. Part I is a report by the OECD Secretary-General regarding (A) the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project; (B) Tax transparency; (C) Tax policy tools to support sustainable and inclusive growth; and (D) Tax and development. Part II is an updated Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes. Full Article
anc Report by the Platform for Collaboration on Tax to the G20: Enhancing the Effectiveness of External Support in Building Tax Capacity in Developing Countries By www.oecd.org Published On :: Mon, 25 Jul 2016 16:00:00 GMT G20 Finance Ministers, in their communique of February 2016, called upon the IMF, OECD, UN and World Bank Group to “recommend mechanisms to help ensure effective implementation of technical assistance programmes, and recommend how countries can contribute funding for tax projects and direct technical assistance, and report back with recommendations” at their July meeting. Full Article
anc OECD releases discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors By www.oecd.org Published On :: Thu, 28 Jul 2016 11:00:00 GMT Interested parties are invited to provide comments on a discussion draft which deals approaches to address BEPS involving interest in the banking and insurance sectors under Action 4 (Interest deductions and other financial payments) of the BEPS Action Plan. Full Article
anc Liechtenstein strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Mon, 22 Aug 2016 12:00:00 GMT Liechtenstein today deposited its instrument of ratification for the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention"). By doing so, Liechtenstein underlines its commitment to fighting tax evasion and avoidance and takes another important step in implementing the Standard for Automatic Exchange of Financial Account Information in Tax Matters developed by the OECD and G20 countries. Full Article