international Chile strengthening international tax co-operation, OECD says By www.oecd.org Published On :: Thu, 24 Oct 2013 15:30:00 GMT OECD Secretary-General Angel Gurría welcomed today Chile’s recent steps to strengthen international tax co-operation. Full Article
international OECD invites public comments on a discussion draft on proposed changes to the provisions dealing with the operation of ships and aircraft in international traffic By www.oecd.org Published On :: Fri, 15 Nov 2013 15:54:00 GMT The OECD invites public comments on a discussion draft that includes proposed changes to the OECD Model Tax Convention dealing with the operation of ships and aircraft in international traffic. Full Article
international A boost to transparency and international tax co-operation By www.oecd.org Published On :: Thu, 21 Nov 2013 14:00:00 GMT International efforts to combat tax evasion and avoidance got a boost today as additional countries and jurisdictions agreed to join more than 60 other countries in tax co-operation through a key multilateral tax instrument during the first day of a global meeting in Jakarta, Indonesia. Full Article
international The OECD publishes the comments received on a discussion draft on proposed changes to the provisions of the OECD Model Tax Convention dealing with the operation of ships and aircraft in international traffic By www.oecd.org Published On :: Tue, 18 Feb 2014 19:40:00 GMT On 15 November 2013, the OECD Committee on Fiscal Affairs (CFA) invited public comments on a discussion draft on changes to the provisions of the OECD Model Tax Convention dealing with the operation of ships and aircraft in international traffic. The OECD has now published the comments received on that discussion draft. Full Article
international Tax: OECD’s Gurría welcomes international progress towards automatic exchange of information By www.oecd.org Published On :: Mon, 24 Mar 2014 11:00:00 GMT OECD Secretary-General Angel Gurría has welcomed moves by more than 40 countries – reinforced by EU leaders - to commit to a detailed timetable to step up the fight against tax evasion. Full Article
international 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
international International community continues making progress on tax transparency By www.oecd.org Published On :: Thu, 24 Apr 2014 19:38:00 GMT The international community continues making progress toward greater cooperation to ensure effective information exchange in tax matters. The Global Forum on Transparency and Exchange of Information for Tax Purposes issued today 12 new reports that highlight action being taken by jurisdictions to implement the international standard for exchange of information on request. Full Article
international 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
international A strategic perspective on the prevention, detection and investigation of international tax crime By www.oecd.org Published On :: Fri, 12 Sep 2014 13:22:00 GMT Heads of tax crime investigation in 44 countries, as well as the Financial Action Task Force and World Customs Organisation, have come together this week at Europol Headquarters in the Hague for the second meeting of the OECD Forum of Heads of Tax Crime Investigation. Full Article
international 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
international 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
international Switzerland takes important step to boost international cooperation against tax evasion By www.oecd.org Published On :: Wed, 19 Nov 2014 16:36:00 GMT Switzerland has today become the 52nd jurisdiction to sign the Multilateral Competent Authority Agreement, which will allow it to go forward with plans to activate automatic exchange of financial account information in tax matters with other countries beginning in 2018. Full Article
international Release of discussion drafts of two new elements of the OECD International VAT/GST Guidelines By www.oecd.org Published On :: Thu, 18 Dec 2014 12:00:00 GMT The OECD’s Committee on Fiscal Affairs invites public comments on two new draft elements of the OECD International VAT/GST Guidelines (the Guidelines). These discussion drafts relate to (i) the place of taxation of business-to-consumer supplies of services and intangibles (B2C Guidelines) and (ii) provisions to support the application of the Guidelines in practice (Supporting provisions). Full Article
international Public comments received on discussion drafts of two new elements of the OECD International VAT/GST Guidelines By www.oecd.org Published On :: Tue, 24 Feb 2015 11:00:00 GMT On 18 December 2014, the OECD invited comments from interested parties on discussion drafts of two new elements of the OECD International VAT/GST Guidelines. These discussion drafts related to (i) the place of taxation of business-to-consumer supplies of services and intangibles (B2C Guidelines) and (ii) provisions to support the application of the Guidelines in practice (Supporting provisions) Full Article
international 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
international El Salvador joins international efforts to fight offshore tax evasion By www.oecd.org Published On :: Mon, 01 Jun 2015 18:00:00 GMT El Salvador signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, becoming the 86th signatory to the most comprehensive instrument for boosting international co-operation against offshore tax evasion. Full Article
international 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
international 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
international Much better use can and must be made of taxes to help reduce pollution and greenhouse gas emissions, concluded the participants of the 6th Global International Tax Dialogue conference By www.oecd.org Published On :: Fri, 03 Jul 2015 13:00:00 GMT Taxes are potentially among the most effective ways of cutting pollution and greenhouse gas emissions, but they are currently – with very few exceptions – underused; and even where used, they are frequently designed in a sub-optimal way. Full Article
international 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
international Global Forum on tax transparency pushes forward international co-operation against tax evasion By www.oecd.org Published On :: Fri, 30 Oct 2015 22:00:00 GMT Major implementation milestones are being met by members of the world’s leading forum on tax transparency as the international community continues to move ahead towards greater tax transparency. The imminent shift to the automatic exchange of information will send a strong warning to tax evaders. Full Article
international 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
international OECD delivers international standard for collection of VAT on cross-border sales By www.oecd.org Published On :: Fri, 06 Nov 2015 14:00:00 GMT Governments have taken an important step towards ensuring that consumption taxes on cross-border transactions are effectively paid in the jurisdiction where products are consumed, while minimizing the risks that uncoordinated tax rules distort international trade. Full Article
international Israel joins international efforts to boost transparency and end tax evasion By www.oecd.org Published On :: Tue, 24 Nov 2015 15:00:00 GMT Israel signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 91st jurisdiction to join the world’s leading instrument for boosting transparency and combating offshore tax evasion. Full Article
international A boost to transparency in international tax matters: 31 countries sign tax co-operation agreement to enable automatic sharing of country by country information By www.oecd.org Published On :: Wed, 27 Jan 2016 17:00:00 GMT As part of continuing efforts to boost transparency by multinational enterprises (MNEs), 31 countries signed today the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports. The signing ceremony marks an important milestone towards implementation of the OECD/G20 BEPS Project and a significant increase in cross-border cooperation on tax matters. Full Article
international All interested countries and jurisdictions to be invited to join global efforts led by the OECD and G20 to close international tax loopholes By www.oecd.org Published On :: Tue, 23 Feb 2016 12:10:00 GMT The OECD today agreed a new framework that would allow all interested countries and jurisdictions to join in efforts to update international tax rules for the 21st Century. The proposal for broadening participation in the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project will be presented to G20 Finance Ministers at their next meeting on 26-27 February in Shanghai, China. Full Article
international International organisations take major step to boost global co-operation in tax matters By www.oecd.org Published On :: Tue, 19 Apr 2016 16:00:00 GMT The main international organisations working on taxation – the IMF, OECD, UN and WBG – have announced today further details on how they will act together through a Platform for Collaboration on Tax as a response to the growing importance of taxation in the international financing for development debate to achieve the UN Sustainable Development Goals. Full Article
international 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
international A new boost to transparency in international tax matters: 6 new countries sign agreement enabling automatic sharing of country-by-country reporting By www.oecd.org Published On :: Thu, 12 May 2016 12:00:00 GMT As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Canada, Iceland, India, Israel, New Zealand and the People’s Republic of China signed today the Multilateral Competent Authority agreement for the automatic exchange of Country-by-Country reports (“CbC MCAA”), bringing the total number of signatories to 39 countries. The signing ceremony took place in Beijing, China. Full Article
international 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
international 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
international First meeting of the new inclusive framework to tackle Base Erosion and Profit Shifting marks a new era in international tax co-operation By www.oecd.org Published On :: Thu, 30 Jun 2016 12:00:00 GMT Representatives of more than 80 countries and jurisdictions have gathered in Kyoto, Japan to push forward ongoing efforts to update international tax rules for the 21st century, the latest step in the OECD/G20 Project to tackle Base Erosion and Profit Shifting (BEPS). Full Article
international International community continues movement towards greater tax transparency By www.oecd.org Published On :: Tue, 26 Jul 2016 14:00:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today 10 new peer review reports demonstrating continuing progress toward implementation of the international standard for exchange of information on request. Full Article
international 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
international Next step towards transparency in international tax matters: Five new jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information By www.oecd.org Published On :: Fri, 21 Oct 2016 10:00:00 GMT As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Brazil, Guernsey, Jersey, the Isle of Man and Latvia signed today the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports, bringing the total number of signatories to 49. Full Article
international Panama joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Thu, 27 Oct 2016 12:00:00 GMT Panama signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 105th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion. The signing shows that Panama is now implementing its commitment to fully cooperate with the international community on transparency. Full Article
international The Cook Islands become the 106th jurisdiction to join the most powerful international instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Fri, 28 Oct 2016 14:00:00 GMT Today at the OECD Headquarters in Paris, Mr. Andrew Haigh, Collector of Inland Revenue of the Cook Islands, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Full Article
international Global Forum makes advances on the international tax transparency agenda By www.oecd.org Published On :: Fri, 04 Nov 2016 11:00:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes held its annual meeting in Tbilisi, Georgia on November 2-4, bringing together 220 delegates from 84 jurisdictions and 12 International organisations to further their shared goal of improving tax transparency and achieving a level playing field. Full Article
international Saint Lucia expands its capacity to fight international tax avoidance and evasion By www.oecd.org Published On :: Mon, 21 Nov 2016 09:00:00 GMT Saint Lucia today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Saint Lucia became the 107th jurisdiction to join the Convention. Full Article
international Countries adopt multilateral convention to close tax treaty loopholes and improve functioning of international tax system By www.oecd.org Published On :: Thu, 24 Nov 2016 11:00:00 GMT More than 100 jurisdictions have concluded negotiations on a multilateral instrument that will swiftly implement a series of tax treaty measures to update international tax rules and lessen the opportunity for tax avoidance by multinational enterprises. Full Article
international Monaco strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Wed, 14 Dec 2016 14:51:00 GMT Monaco today deposited its instrument of ratification for the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention"). By doing so, Monaco 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
international OECD releases additional guidance on Action 4 of the BEPS Action Plan to curb international tax avoidance By www.oecd.org Published On :: Thu, 22 Dec 2016 11:00:00 GMT Today, the OECD released an updated version of the BEPS Action 4 Report (Limiting Base Erosion Involving Interest Deductions and Other Financial Payments), which includes further guidance on two areas: the design and operation of the group ratio rule, and approaches to deal with risks posed by the banking and insurance sectors. Full Article
international OECD announces further developments in international tax co-operation By www.oecd.org Published On :: Thu, 16 Mar 2017 15:00:00 GMT Six treaty partners of Hong Kong (China) signed a competent authority agreement with Hong Kong (China) bringing the total number of CAAs to nine. Panama deposited its instrument of ratification for the Convention on Mutual Administrative Assistance in Tax Matters. Full Article
international Kuwait expands its capacity to fight international offshore tax avoidance and evasion By www.oecd.org Published On :: Fri, 05 May 2017 11:50:00 GMT Today, at the OECD Headquarters in Paris, H. E. Sami Mohammad Alsulaiman, Ambassador of Kuwait to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of OECD Deputy Secretary-General, Mrs. Mari Kiviniemi, therewith becoming the 110th jurisdiction to join the Convention. Full Article
international Thailand joins the Inclusive Framework on BEPS and participates in first joint programme for the implementation of international tax standards By www.oecd.org Published On :: Fri, 02 Jun 2017 15:00:00 GMT Thailand has become the 98th jurisdiction to join the Inclusive Framework on BEPS (“IF”) and will participate on an equal footing with all other IF members at the next plenary meeting of the IF that will be held on 21-22 June 2017 in Noordwijk, the Netherlands. Full Article
international Guatemala strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Fri, 09 Jun 2017 17:00:00 GMT The President of the Republic of Guatemala, Jimmy Morales, today deposited Guatemala’s instrument of ratification for the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention"). Full Article
international OECD welcomes Viet Nam's commitment to implement the internationally agreed standards to tackle tax evasion and avoidance By www.oecd.org Published On :: Wed, 21 Jun 2017 11:00:00 GMT Viet Nam has become the 100th jurisdiction to join the Inclusive Framework on BEPS ("IF") on an equal footing with all other IF members, as announced by Mr. DANG NGOC Minh (Deputy General Director of the General Department of Taxation - GDT) at the third plenary meeting of the IF held on 21-22 June 2017 in Noordwijk, the Netherlands. Full Article
international Strong progress seen on international tax transparency By www.oecd.org Published On :: Wed, 28 Jun 2017 15:02:00 GMT Tax evasion continues to challenge governments in developing and developed countries alike, depriving them of resources that would otherwise be available to support sustainable development through investments in infrastructure, health and other common goods. Full Article
international Bahrain expands its capacity to fight international tax avoidance and evasion By www.oecd.org Published On :: Thu, 29 Jun 2017 09:24:00 GMT Today, at the OECD Headquarters in Paris, H.E. Sheikh Ahmed bin Mohammed Al Khalifa, Minister of Finance of Bahrain signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and the CRS Multilateral Competent Authority Agreement (CRS MCAA). Full Article
international Major progress reported towards a fairer and more effective international tax system By www.oecd.org Published On :: Wed, 05 Jul 2017 16:03:00 GMT Countries are making major progress towards the goal of creating a fairer and more effective international tax system, including increasing efforts to close down loopholes, improve transparency and ensure that multinational enterprises pay tax where they carry out their activities, according to a new OECD report. Full Article