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OECD launches programme in Abidjan to support Côte d'Ivoire in implementing new international tax standards

On 4 July 2018, in Abidjan, an OECD delegation met with the State Secretariat to the Prime Minister in charge of Budget and State Portfolio to discuss the progress made in the implementation of new international standards to combat tax fraud and tax evasion.




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OECD, government officials and parliamentarians discuss developments in international tax co-operation at high-level meeting in Georgia

Over 70 participants from 20 countries in Europe and Central Asia gathered Georgia for a high-level regional event on Developments in International Tax Co-operation on 17-18 July 2018. Participants discussed policy responses to fighting tax evasion and avoidance, as well as the opportunities and challenges presented by the practical implementation of international standards on tax transparency and BEPS.




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OECD launches programme in Islamabad to support Pakistan in implementing new international tax standards

As part of a mission held from 16 to 19 July 2018 in Islamabad, Pakistan aimed at launching the induction programme to support the implemention of the BEPS measures and initiating the TIWB programme, an OECD delegation met in Islamabad to discuss the progress of the country in implementing the new international standards to combat tax avoidance and tax evasion.




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OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Buenos Aires, Argentina) - July 2018

This report contains two parts. Part I is a report on the activities and achievements of the OECD’s tax agenda, and is made of two subparts: looking back at significant achievements and looking ahead at the further progress needed, in particular through the OECD/G20 Inclusive Framework on BEPS. Part II is a Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes.




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OECD and World Bank call for whole-of-government approach to combating tax evasion and corruption

Countries must step up work to ensure that tax authorities and anti-corruption authorities can effectively co-operate in the fight against tax evasion, bribery, and other forms of corruption, according to a joint OECD/World Bank report.




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Ecuador joins international efforts against tax evasion and avoidance

Ecuador today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 126th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion. The Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) was also signed.




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OECD and tax officials from Eastern Europe and Central Asia discuss BEPS implementation in Armenia

Over 60 delegates from 16 countries, international and regional organisations, business, civil society and academia gathered in Yerevan, Armenia on 7 - 9 November 2018 for a regional meeting of the Inclusive Framework on BEPS in Eastern Europe and Central Asia.




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OECD and the Netherlands discuss developments in international tax co-operation

OECD Deputy Secretary-General Ludger Schuknecht and Pascal Saint-Amans, Director of the Centre for Tax Policy and Administration, met today in Paris with Mr. Menno Snel, State Secretary for Finance in The Netherlands, for wide-ranging discussions on international co-operation in the field of taxation, notably as concerns tackling tax evasion.




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International community makes important progress on the tax challenges of digitalisation

The international community has made important progress toward addressing the tax challenges arising from digitalisation of the economy and has agreed to continue working multilaterally towards achievement of a new consensus-based long-term solution in 2020, the OECD announced today.




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Mauritania joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, H.E. Aichetou Mint M’Haiham, Ambassador of Mauritania to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. Mauritania is the 127th jurisdiction to join the Convention.




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Dominica joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, H.E. Sharlene Shillingford-McKlmon, Ambassador of Dominica to the European Union, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention). Dominica is the 128th jurisdiction to join the Convention.




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International community agrees on a road map for resolving the tax challenges arising from digitalisation of the economy

The international community has agreed on a road map for resolving the tax challenges arising from the digitalisation of the economy, and committed to continue working toward a consensus-based long-term solution by the end of 2020, the OECD announced today.




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OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Fukuoka, Japan) - June 2019

This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes.




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Serbia joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Slavica Savicic, State Secretary for Finance of the Republic of Serbia, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Jeffrey Schlagenhauf. Serbia is the 129th jurisdiction to join the Convention.




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OECD releases international exchange framework for CRS-related mandatory disclosure rules and updates its XML schemas for the exchange of CRS, CbC and tax ruling information

In order to support the automatic exchange of information collected under the OECD’s Model Mandatory Disclosure Rules on Common Reporting Standard (CRS) Avoidance Arrangements and Opaque Offshore Structures (MDRs), the OECD has today released the international administrative and operational framework for the exchange of information collected under the MDRs.




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Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives

Taxing polluting sources of energy is an effective way to curb emissions that harm the planet and human health, and the income generated can be used to ease the low-carbon transition for vulnerable households. Yet 70% of energy-related CO2 emissions from advanced and emerging economies are entirely untaxed, offering little incentive to move to cleaner energy, according to a new OECD report.




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Montenegro joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Biljana Peranović, Director General of the Directorate for Tax and Customs of Montenegro, signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Director of Legal Affairs, Nicola Bonucci. Montenegro is the 130th jurisdiction to join the Convention.




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Armenia and Italy agree on OECD/UNDP Tax Inspectors Without Borders partnership to combat international tax avoidance and evasion

A signing ceremony between the Italian Revenue Agency (Agenzia delle Entrate) and the State Revenue Committee of Armenia took place at the OECD today, establishing work plans for two assistance programmes initiated through Tax Inspectors Without Borders (TIWB) – a joint OECD/UNDP capacity building initiative.




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International community has achieved unprecedented success fighting offshore tax evasion

On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in Paris will bring together more than 500 delegates from 131 member jurisdictions for renewed discussions on efforts to advance the tax transparency agenda.




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Togo joins international efforts against tax evasion and avoidance

Today, at the OECD Headquarters in Paris, Calixte Batossie Madjoulba, Ambassador of Togo in France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. Togo is the 136th jurisdiction to join the Convention.




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International community renews commitment to multilateral efforts to address tax challenges from digitalisation of the economy

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.




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Global Forum and World Bank support Madagascar in implementing the international tax transparency standards

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.




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Global Forum and Asian Development Bank delivered a training in Georgia on the implementation of the international tax transparency standards

The Global Forum and the Asian Development Bank held a joint training event on the Exchange of Information on Request Peer Reviews and Implementation of the Automatic Exchange of Information Standard from 17 January to 31 January 2020 in Tbilisi, Georgia.




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OECD presents analysis showing significant impact of proposed international tax reforms

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.




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OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Riyadh, Saudi Arabia) - February 2020

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.




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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

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.




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Platform for Collaboration on Tax: International organisations move to help developing countries improve tax systems

The world's four leading multilateral organisations working in the tax area have established their first integrated website containing information on how low- and middle-income countries can strengthen tax systems and mobilise the domestic revenue they need to address some of their urgent development challenges—including the COVID-19 pandemic.




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The COVID-19 crisis creates an opportunity to step up digitalisation among subnational governments

Recent decades have seen rapid growth of advanced digital technologies, including high-speed computing, big data, artificial intelligence, the internet-of-things and blockchain. This “digital revolution” creates significant opportunities for all levels of government to improve the delivery of public goods and services, and to raise more and better revenue.




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Tax and fiscal policies central to governments’ responses to Covid-19 crisis

With global economic activity facing a historic drop and government spending rising dramatically, the implications of the Covid-19 crisis on public finances and tax revenues are significant.




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Canada Exports Fabric, Fibre And Yarn, Leather And Dressed Furs

Exports (Bop) - Fabric, Fibre And Yarn, Leather And Dressed Furs in Canada decreased to 96.20 CAD Million in March from 97.30 CAD Million in February of 2020. Exports (Bop) - Fabric, Fibre And Yarn, Leather An in Canada averaged 114.30 CAD Million from 1988 until 2020, reaching an all time high of 203.80 CAD Million in July of 2001 and a record low of 28.20 CAD Million in July of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Fabric, Fibre And Yarn, Leathe.




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Canada Exports of Furniture and Fixtures

Exports of (bop) - Furniture and Fixtures in Canada decreased to 518.20 CAD Million in March from 612.30 CAD Million in February of 2020. Exports of (bop) - Furniture and Fixtures in Canada averaged 393.04 CAD Million from 1988 until 2020, reaching an all time high of 692.20 CAD Million in April of 2017 and a record low of 87.60 CAD Million in January of 1992. This page includes a chart with historical data for Canada Exports of (bop) - Furniture And Fixtures.




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Canada Exports Carpets, Textile Furnishings&Textile Products

Exports (Bop) - Carpets, Textile Furnishings&Textile Products in Canada decreased to 97.10 CAD Million in March from 97.20 CAD Million in February of 2020. Exports (Bop) - Carpets, Textile Furnishings&Texti in Canada averaged 66.75 CAD Million from 1988 until 2020, reaching an all time high of 122 CAD Million in May of 2017 and a record low of 15.90 CAD Million in December of 1990. This page includes a chart with historical data for Canada Exports of (bop) - Carpets, Textile Furnishings&t.




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Iraq Government Budget

Iraq recorded a Government Budget surplus equal to 6.20 percent of the country's Gross Domestic Product in 2018. Government Budget in Iraq averaged -3.70 percent of GDP from 2004 until 2018, reaching an all time high of 10.70 percent of GDP in 2006 and a record low of -34.90 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Iraq Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Iraq Government Debt to GDP

Iraq recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Iraq averaged 94.55 percent from 2004 until 2018, reaching an all time high of 344.30 percent in 2004 and a record low of 32 percent in 2013. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Iraq Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Government at a Glance

Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.




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Burundi Government Budget

Burundi recorded a Government Budget deficit equal to 8.80 percent of the country's Gross Domestic Product in 2018. Government Budget in Burundi averaged -9.62 percent of GDP from 1991 until 2018, reaching an all time high of -2.30 percent of GDP in 1991 and a record low of -20 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Burundi Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Belgium Government Budget Value

Belgium recorded a government budget deficit of 3402 EUR Million in 2018. Government Budget Value in Belgium averaged -7757.33 EUR Million from 1970 until 2018, reaching an all time high of 779 EUR Million in 2006 and a record low of -18817 EUR Million in 2009. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Belgium Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Germany General Government Budget Value

Germany recorded a government budget surplus of 7.09 EUR Billion in the third quarter of 2019. Government Budget Value in Germany averaged -10.49 EUR Billion from 1991 until 2019, reaching an all time high of 40.63 EUR Billion in the third quarter of 2000 and a record low of -58.90 EUR Billion in the fourth quarter of 1992. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Germany Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Iraq Government Budget Value

Iraq recorded a government budget deficit of 853060 IQD Million in October of 2019. Government Budget Value in Iraq averaged 9635610.35 IQD Million from 2004 until 2019, reaching an all time high of 61244368 IQD Million in August of 2015 and a record low of -13581445 IQD Million in September of 2012. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Iraq Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Gambia Government Budget Value

Gambia recorded a government budget deficit of 1415.66 Dalasi Million in the third quarter of 2019. Government Budget Value in Gambia averaged -831.01 Dalasi Million from 2008 until 2019, reaching an all time high of 95.19 Dalasi Million in the first quarter of 2011 and a record low of -2929.01 Dalasi Million in the third quarter of 2017. This page provides - Gambia Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Japan Government Budget Value

Japan recorded a government budget deficit of 27633 JPY HND Million in the fourth quarter of 2019. Government Budget Value in Japan averaged -33660.14 JPY HND Million from 1964 until 2019, reaching an all time high of 91505 JPY HND Million in the first quarter of 2008 and a record low of -347513 JPY HND Million in the fourth quarter of 1998. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Japan Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Mexico Government Budget Value

Mexico recorded a government budget deficit of 30159.60 MXN Million in February of 2020. Government Budget Value in Mexico averaged -13518.94 MXN Million from 1990 until 2020, reaching an all time high of 340612.40 MXN Million in March of 2017 and a record low of -308191.94 MXN Million in December of 2017. In Mexico, the public budget includes, not only government expenses and revenues, but also financial balance of entities under indirect budgetary control, and external and internal financing requirement. This page provides - Mexico Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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United States Government Budget

The United States recorded a government budget deficit of 119125 USD Million in March of 2020. Government Budget Value in the United States averaged -19423.98 USD Million from 1954 until 2020, reaching an all time high of 214255 USD Million in April of 2018 and a record low of -235278 USD Million in February of 2020. Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value. This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Singapore Government Budget Value

Singapore recorded a government budget surplus of 3262.40 SGD Million in February of 2020. Government Budget Value in Singapore averaged 1066.06 SGD Million from 2011 until 2020, reaching an all time high of 17603.90 SGD Million in May of 2019 and a record low of -9045.20 SGD Million in March of 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Singapore Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Russia Government Budget Value

Russia recorded a government budget surplus of 12.41 RUB Billion in March of 2020. Government Budget Value in Russia averaged 421.35 RUB Billion from 1998 until 2020, reaching an all time high of 3834.60 RUB Billion in October of 2008 and a record low of -2967.30 RUB Billion in December of 2016. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Russia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Switzerland General Government Budget Value

Switzerland recorded a government budget surplus of 8097 CHF Million in 2019. Government Budget Value in Switzerland averaged -400.15 CHF Million from 1980 until 2019, reaching an all time high of 11811 CHF Million in 2000 and a record low of -18357 CHF Million in 1993. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Switzerland Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Italy Government Budget Value

Italy recorded a government budget deficit of 4.51 EUR Billion in February of 2020. Government Budget Value in Italy averaged -4.39 EUR Billion from 1980 until 2020, reaching an all time high of 27.41 EUR Billion in December of 2018 and a record low of -43.39 EUR Billion in October of 2009. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Italy Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Canada Government Budget Value

Canada recorded a government budget surplus of 3577 CAD Million in February of 2020. Government Budget Value in Canada averaged -991.48 CAD Million from 1985 until 2020, reaching an all time high of 5770 CAD Million in February of 2005 and a record low of -14900 CAD Million in March of 2019. The government budget balance is the difference between government revenues and expenses, excluding public debt charges. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Canada Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Burundi Government Budget Value

Burundi recorded a government budget surplus of 10087.77 BIF Million in December of 2019. Government Budget Value in Burundi averaged -12023.23 BIF Million from 2005 until 2019, reaching an all time high of 78737.21 BIF Million in December of 2010 and a record low of -72443.34 BIF Million in February of 2015. This page provides - Burundi Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Turkey Government Budget Value

Turkey recorded a government budget deficit of 41951225 TRY Thousand in March of 2020. Government Budget Value in Turkey averaged -3939005.32 TRY Thousand from 1985 until 2020, reaching an all time high of 20773054 TRY Thousand in January of 2020 and a record low of -41951225 TRY Thousand in March of 2020. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. Until 2005, data are cumulative. This page provides - Turkey Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.