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 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.

The financial crisis has led to a widespread loss of trust in financial intermediaries of all kinds, perhaps helping to open the way towards the general acceptance of alternative technologies. This paper briefly summarises the crypto-currency phenomenon, separating the ‘currency’ issues from the potential technology benefits.

As the Millennium Development Goals (MDGs) approach their expiry date, we must focus our efforts on ensuring a brighter, more inclusive and sustainable future for all. We face a plethora of common issues: growing inequalities; changing consumption patterns and population dynamics; increasing natural resource scarcity; and ongoing illicit financial flows.

Palabras de Angel Gurría,Secretario General OCDE, Lanzamiento del Informe Perspectivas Económicas de América Latina 2013: Transformación de la Estructura Productiva y Papel de las PYMES en el Desarrollo Regional

The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities.

Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. While most of the inequality originates from the labour market, wealth – and thus capital income – is also highly concentrated and the tax and transfer system has little redistributive impact.

This paper estimates urban and rural poverty rates across five Chinese administrative regions (Shanghai, Liaoning, Guangdong, Henan and Gansu) in 2014 using representative household level data from the China Family Panel Studies survey.

Redistribution is quantified as the relative reduction in market income inequality achieved by personal income taxes, employees’ social security contributions and cash transfers, based on household-level micro data.

Many OECD countries have been facing a prolonged period of low growth and stagnating income of the poorest. This challenges governments’ fiscal redistribution, all the more so in a context where new forms of work are calling into question the effectiveness of traditional social safety nets and population ageing is putting pressure on public finances.

Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at lower cost.

Ensuring tax and transfer systems bring sufficient revenue to reach macroeconomic fiscal targets, address societal goals in re-distribution and social welfare, recognise the influence taxation has on businesses’ competitiveness and adequately address environmental externalities is a tough challenge, arguably more so in Israel than in many other OECD countries.

This review particularly recommends shifting away from income taxation to indirect taxation, for instance by raising more revenue from the Goods and Services Tax.

Chile has established itself as a regional leader and has been rapidly closing the gap with other OECD countries in the field of digital government.

The 2017 edition of the OECD E-Leaders meeting will discuss how governments can best adapt to the growing role of advanced technologies in service delivery. Delegates will discuss the implications of the digital transformation in governments, including the skills base, the data infrastructure and approaches to the commissioning of ICT goods and services.

Imports of Transfers (decalcomanias, Except Toy) in Mexico increased to 5569 USD THO in March from 4401 USD THO in February of 2020. Imports of Transfers (decalcomanias, Except Toy) in Mexico averaged 5685.80 USD THO from 2014 until 2020, reaching an all time high of 9362 USD THO in August of 2016 and a record low of 4077 USD THO in January of 2017. This page includes a chart with historical data for Mexico Imports of Transfers (decalcomanias, Except Toy).

The Sales Tax Rate in Dominican Republic stands at 18 percent. Sales Tax Rate in Dominican Republic averaged 16.71 percent from 2006 until 2019, reaching an all time high of 18 percent in 2013 and a record low of 16 percent in 2007. In Dominican Republic, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Dominican Republic. This page provides - Dominican Republic Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

From homeworking to healthcare, Covid-19 has forced society to adapt in ways that should endure

Wearable tech will measure workers’ true productivity, supercharging capitalism

Robotics likely to cause less long-distance offshoring and curb demand for huge vessels

Market volatility has temporarily halted the £80bn final salary transfer market, yet there is increased desire to cash in 

Join a live discussion with FT’s pensions correspondent Josephine Cumbo at 12pm and 5pm UK time on Wednesday April 22 

Player values tumble as Europe’s top teams prepare to cut spending after pandemic weakens revenues

Here’s a nice thing. It’s not revolutionary or life-changing, but it’s nice. And right now we can all use a little bit of nice. Earlier this month, Samsung announced an addition to its line of “eco-packing” that will turn TV boxes in a wide variety of different “furniture.” I use furniture in quotes here because […]

My pension will provide for my needs so I won’t need the money

The John Lewis veteran came late to politics — and wants to bring power back to the regions

Uber Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. It’s also transferring its Uber Eats business operations in the United Arab Emirates (UAE) to Careem, its wholly owned ride-hailing subsidiary that’s mostly focused on the Middle […]

Celebrating the release of the movie this week, Holly and Phil will broadcast live from Highclere Castle, where the film was shot, on Thursday.  

The House Rules teams completely transformed Shayn and Carly's yard this week, taking the price of their property from $580,000 to $610,000 in the process.

A season record was set on Sunday's House Rules during the final garden reveal. 

CLAIRE BLOOMFIELD: The women's winter transfer window in England opens on December 27 - not that anybody is too likely to notice.

Some players are so sorely sought after, that clubs will break the bank to have their names on the books. Sportsmail takes a look at the top 10 players that have accumulated the most in transfer fees.

Barcelona have opened negotiations with both Neymar and Lautaro Martinez with the Catalan giants hoping to land one of the South American duo in the summer.

It's never dull in the life of Neymar even during a time when a global pandemic is stopping him from entertaining supporters in his position as one of the greatest players in the world.

It had promised to be one of the most feverish summer transfer markets in several years, with blockbuster names moving all over the place and sagas galore. But coronavirus changed that.

Alexandra Cane has revealed her internal changes have been just as drastic as the external ones, as she detailed more of her journey on Instagram on Monday.

She was a vision in a sheer black gown at the Emmys on Sunday but the 45-year-old star couldn't have looked more different on Wednesday when she was spotted filming her new movie.

An Australian make-up enthusiast has transformed herself into Kim Kardashian using beauty products, and some say it looks better than the original.

Toulouse defender Ruben Gabrielsen revealed that Erling Braut Haaland came back a completely different player from an injury lay-off when the pair were at Molde. 

The Borussia Dortmund forward has been linked with a £100million move to Manchester United in recent months. Erling Haaland has admitted Borussia Dortmund are 'lucky' to have Sancho.

Iggy Azalea has released the artwork for her new single, Lola. 

Barcelona have reportedly drawn up a wishlist for January as they hunt a long-term replacement for Luis Suarez. And it appears Harry Kane and Marcus Rashford head up the shortlist.

Suarez, who turns 33 in January, looks set to leave the Nou Camp next summer and Barcelona chiefs want a marquee name to fill the void left by the former Liverpool striker.

RIATH AL-SAMARRAI IN DOHA: There were tears before bedtime for Katarina Johnson-Thompson and a few more after breakfast on Friday morning.

The Eagles are low on fire-power with Christian Benteke, Connor Wickham and Alexander Sorloth all having problems - be it form or injury - and Roy Hodgson is desperate to add some attacking threat.

The trailer for Sky comedy Brassic has been released, showing Michelle Keegan portray a feisty mother alongside Dominic West ahead of its launch next month.

A depressing-looking wall in Glasgow has been transformed by the beanie-wearing artist, who spent a week painting the image of St Enoch holding her young son, St Mungo, Glasgow's patron saint.

The Gart, in Perthshire, dates all the way back to 1835. An original, smaller house was designed on the site by William Burn, and was substantially rebuilt and enlarged after a fire in 1901.

The former Made In Chelsea star, 33, shared her new look on Instagram on Friday.

Mansfield have suspended midfielders Dion Donohue and Jacob Mellis following an alleged serious breach of club discipline.Neither player was included in the matchday squad in Saturday's win at Carlisle.