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OECD releases 14 additional country profiles containing key aspects of transfer pricing legislation

The OECD has published 14 new and 2 updated transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of participating countries. The country profiles, which are now available for 44 countries, contain up-to-date and harmonised information on key aspects of transfer pricing legislation, provided by countries themselves.




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OECD and IGF invite comments on a draft practice note that will help developing countries address profit shifting from their mining sectors via excessive interest deductions

Building on BEPS Action 4, this practice note has been prepared by the OECD under a programme of co-operation with the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), to help guide tax officials on how to strengthen their defences against BEPS. Deadline for comment: 18 May 2018.




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OECD invites public comments on the scope of the future revision of Chapter IV (administrative approaches) and Chapter VII (intra-group services) of the Transfer Pricing Guidelines

Public comments are invited on the future revision of Chapter IV, “Administrative Approaches to Avoiding and Resolving Transfer Pricing Disputes” of the Transfer Pricing Guidelines, and the future revision of Chapter VII, “Special Considerations for Intra-Group Services”, of the Transfer Pricing Guidelines.




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OECD peer reviews on BEPS Action 13 Country-by-Country reporting initiative show strong progress for global roll-out in June

The OECD has released the first peer reviews of the Country-by-Country (CbC) reporting initiative, demonstrating strong progress toward the imminent implementation of a key element in continuing efforts to improve taxation of multinational enterprises (MNEs) worldwide.




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OECD launches programme in Ouagadougou to support Burkina Faso in implementing new international tax standards

Today, in Ouagadougou, an OECD delegation met the Minister of Economy, Finance and Development of Burkina Faso, Mrs. Hadizatou Rosine Coulibaly, to discuss the progress made in the implementation of new international tax standards.




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OECD releases new guidance on the application of the approach to hard-to-value intangibles and the transactional profit split method under BEPS Actions 8-10

Today, the OECD released two reports containing Guidance for Tax Administrations on the Application of the Approach to Hard-to-Value Intangibles under BEPS Action 8; and Revised Guidance on the Application of the Transactional Profit Split Method under BEPS Action 10.




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Public comments received on the scope of the future revisions of Chapter IV (Administrative Approaches) and Chapter VII (Intra-group services) of the Transfer Pricing Guidelines

Public comments received on the scope of the future revisions of Chapter IV (Administrative Approaches) and Chapter VII (Intra-group services) of the Transfer Pricing Guidelines




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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 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/G20 Inclusive Framework on BEPS: Progress Report July 2017-June 2018

This report by the OECD/G20 Inclusive Framework on BEPS presents the current state of play in progressing its mandate. It outlines on the major developments in dealing with the tax challenges of the digitalised economy and the entry into force of the MLI, and shows how countries are progressing in the implementation of the BEPS package.




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OECD releases fourth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms

The work on BEPS Action 14 continues with today’s publication of the fourth 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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OECD releases seven new transfer pricing country profiles and an update of a previously-released profile

The OECD has published new transfer pricing country profiles for Costa Rica, Greece, Republic of Korea, Panama, Seychelles, South Africa and Turkey. In addition, it has also updated the information contained in Singapore’s profile. The country profiles are now available for 52 countries.




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Tax Inspectors Without Borders making significant progress towards strengthening developing countries' ability to effectively tax multinational enterprises

An innovative international co-operation initiative that deploys qualified experts in developing countries to strengthen their ability to effectively tax multinational enterprises has achieved significant milestones over the past year, according to a new annual report.




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OECD releases 2017 global mutual agreement procedure statistics

Members of the Inclusive Framework on BEPS have committed to report their MAP statistics pursuant to an agreed reporting framework and to publish them on a yearly basis. The 2017 MAP statistics are now available covering 85 jurisdictions and almost all MAP cases worldwide. They contain detailed information on each jurisdiction as well as aggregated global information.




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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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OECD and CIAT join forces in promoting stronger tax systems

The OECD and the Inter-American Center of Tax Administrations (CIAT) hosted today the high-level event "Base Erosion and Profit Shifting Implementation: Strategic importance, challenges and opportunities" in Lisbon, Portugal.




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African economies sustain progress in domestic resource mobilisation

Africa has sustained gains in domestic resource mobilisation made since 2000, as tax revenues remained stable in 2016, according to Revenue Statistics in Africa 2018. Providing internationally comparable data for 21 participating countries, the report finds that the average tax-to-GDP ratio was 18.2% in 2016, the same level as in 2015, which represents a strong improvement from 13.1% in 2000.




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OECD releases guidance on Synthesised texts for providing clarity on the impact of the Multilateral Instrument

This new guidance presents a clear overview of the modifications to tax treaties resulting from the Multilateral BEPS Convention which entered into force on 1 July 2018. A Secretariat note, also released today, clarifies the entry into effect rules for tax treaties of jurisdictions that deposited their ratification instruments last September.




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Improving the Czech health care system

The Czech health care system is doing well in terms of health outcomes compared to other Central East European economies that inherited similar health systems after the transition and has been converging to OECD averages.




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OECD announces progress made in addressing harmful tax practices (BEPS Action 5)

Further progress has been made by the OECD/G20 Inclusive Framework on BEPS in implementation of BEPS measures against harmful tax practices (BEPS Action 5).




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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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OECD releases BEPS peer review reports on improving tax dispute resolution mechanisms and preventing treaty shopping

Progress continues with the implementation of the BEPS package, as the OECD releases additional peer review reports assessing countries’ efforts to implement the Action 6 and Action 14 minimum standards as agreed under the OECD/G20 BEPS Project.




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Cameroon and Morocco launch new South-South co-operation programme under the Tax Inspectors Without Borders initiative

On 5 March, Morocco and Cameroon launched a new TIWB South-South bilateral programme in Yaoundé. The programme, a first between two Francophone African countries, will see Moroccan tax audit experts providing support to Cameroon.




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OECD welcomes the launch of co-operative tax compliance programme in France

The OECD welcomes France's new programme on co-operative compliance, announced today. Co-operative compliance is an initiative for promoting better tax compliance developed by the OECD Forum on Tax Administration.




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Productivity growth and finance: The role of intangible assets - A sector level analysis

Investment in intangible assets has become an increasingly important driver of productivity growth in OECD countries.




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OECD expands transfer pricing country profiles to cover 55 countries

The OECD has just released new transfer pricing country profiles for Chile, Finland and Italy, bringing the total number of countries covered to 55. In addition, the OECD has updated the information contained in the country profiles for Colombia and Israel.




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OECD strengthens co-operation with Morocco – Renews Morocco Country Programme Agreement

The OECD and the Government of the Kingdom of Morocco signed today a Memorandum of Understanding to renew the Country Programme, for a period of three years, to support Morocco’s reform agenda.




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OECD and Brazil share outcomes of project to align Brazil's transfer pricing rules to OECD standard

The OECD and Brazil’s Receita Federal (RFB) issued a joint statement at the high-level event held on 11 July 2019 in Brasília, Brazil, to present the outcomes of the 15-month work programme carried out by OECD jointly with RFB.




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OECD releases first stage 2 monitoring reports for BEPS Action 14 on improving tax dispute resolution mechanisms

The work on BEPS Action 14 continues with today’s publication of the first round of stage 2 peer review monitoring reports, which consists of monitoring the follow-up of any recommendations resulting from jurisdictions' stage 1 peer review reports.




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OECD/G20 Inclusive Framework on BEPS delivers tax transparency: Action 13 Country-by-Country reporting shows big progress

The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in the implementation of a key element in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide.




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OECD invites public input on the Secretariat Proposal for a "Unified Approach" under Pillar One

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (the Inclusive Framework), the OECD is seeking public comments on a Secretariat Proposal for a "Unified Approach" under Pillar One.




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OECD releases sixth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms

The work on BEPS Action 14 continues with today's publication of the sixth 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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OECD secretariat invites public input on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD secretariat is seeking public comments on certain aspects of the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two.




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Public comments received on the Secretariat Proposal for a "Unified Approach" under Pillar One

On 9 October 2019, interested parties were invited to provide comments on a number of policy issues and technical aspects in respect to the Secretariat Proposal for a "Unified Approach" under Pillar One. The OECD is grateful to the commentators for their input and now publishes the public comments received.




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Public consultation meeting on the Secretariat Proposal for a 'Unified Approach' under Pillar One

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD is seeking public comments on a Secretariat Proposal for a “Unified Approach” under Pillar One. 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.




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Tax officials and stakeholders from Asia-Pacific meet in the Philippines to discuss proposals to address the tax challenges of the digitalisation of the economy

A regional meeting on tax and digitalisation for Asia and the Pacific , co-hosted by the Asian Development Bank (ADB) in collaboration with the Organisation for Economic Co-operation and Development (OECD), took place in Manila, the Philippines on 19-20 November 2019.




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Public comments received on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two

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.




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Public consultation meeting on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two

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.




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OECD and IOTA join forces in promoting stronger tax systems

The Organisation for Economic Co-operation and Development (OECD) and the Intra-European Organisation of Tax Administrations (IOTA) signed the renewal of a Memorandum of Understanding (MOU) for Co-operation between both Parties.




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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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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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New OECD data provides a baseline for measuring the impact of COVID-19 on labour taxes

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.




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Canada Exports of Dairy Products

Exports of (bop) - Dairy Products in Canada increased to 50.70 CAD Million in March from 43.10 CAD Million in February of 2020. Exports of (bop) - Dairy Products in Canada averaged 24.84 CAD Million from 1988 until 2020, reaching an all time high of 56.20 CAD Million in January of 2003 and a record low of 3.10 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Dairy Products.




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Canada Exports of Energy Products

Exports of (bop) - Energy Products in Canada decreased to 8191.40 CAD Million in March from 8547.60 CAD Million in February of 2020. Exports of (bop) - Energy Products in Canada averaged 5138.49 CAD Million from 1988 until 2020, reaching an all time high of 12104 CAD Million in July of 2008 and a record low of 886 CAD Million in September of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Energy Products.




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Canada Exports of Fabricated Metal Products

Exports of (bop) - Fabricated Metal Products in Canada decreased to 379.90 CAD Million in March from 424.30 CAD Million in February of 2020. Exports of (bop) - Fabricated Metal Products in Canada averaged 303.61 CAD Million from 1988 until 2020, reaching an all time high of 463.60 CAD Million in April of 2015 and a record low of 107 CAD Million in February of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Fabricated Metal Products.




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Canada Exports of Farm and Fishing Products

Exports of (bop) - Farm and Fishing Products in Canada increased to 3048 CAD Million in March from 2697.80 CAD Million in February of 2020. Exports of (bop) - Farm and Fishing Products in Canada averaged 1280.34 CAD Million from 1988 until 2020, reaching an all time high of 3121.20 CAD Million in June of 2019 and a record low of 386.30 CAD Million in February of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Farm And Fishing Products.




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Canada Exports Farm, Fishing And Intermediate Food Products

Exports (Bop) - Farm, Fishing And Intermediate Food Products in Canada increased to 3582.20 CAD Million in March from 3156.80 CAD Million in February of 2020. Exports (Bop) - Farm, Fishing And Intermediate Foo in Canada averaged 1529.37 CAD Million from 1988 until 2020, reaching an all time high of 3597.90 CAD Million in June of 2019 and a record low of 441.70 CAD Million in February of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Farm, Fishing And Intermediate.




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Canada Exports Food And Tobacco Intermediate Products

Exports (Bop) - Food And Tobacco Intermediate Products in Canada increased to 534.20 CAD Million in March from 459 CAD Million in February of 2020. Exports (Bop) - Food And Tobacco Intermediate Prod in Canada averaged 249.03 CAD Million from 1988 until 2020, reaching an all time high of 617.40 CAD Million in February of 2016 and a record low of 37 CAD Million in December of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food And Tobacco Intermediate.




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Canada Exports Food, Beverage And Tobacco Products

Exports (Bop) - Food, Beverage And Tobacco Products in Canada increased to 2685.50 CAD Million in March from 2594.50 CAD Million in February of 2020. Exports (Bop) - Food, Beverage And Tobacco Product in Canada averaged 1423.40 CAD Million from 1988 until 2020, reaching an all time high of 2808.70 CAD Million in December of 2016 and a record low of 425.60 CAD Million in March of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food, Beverage And Tobacco Pro.




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Canada Exports Forestry Products&Building&Packaging Materials

Exports (Bop) - Forestry Products&Building&Packaging Materials in Canada increased to 3479 CAD Million in March from 3391.40 CAD Million in February of 2020. Exports (Bop) - Forestry Products&Building&Packagi in Canada averaged 3120.28 CAD Million from 1988 until 2020, reaching an all time high of 4531.80 CAD Million in May of 2004 and a record low of 1596 CAD Million in October of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Forestry Products&building&pac.