ag Mr. Angel Gurría, Secretary-General of the OECD, in The Hague on 2 July 2018 By www.oecd.org Published On :: Fri, 29 Jun 2018 09:49:00 GMT Mr. Angel Gurría, Secretary-General of the OECD, will be in The Hague on 2 July 2018 to present the 2018 OECD Economic Survey of The Netherlands. While in The Hague, the Secretary-General will hold bilateral meetings with several Ministers and high-level officials of The Netherlands. Full Article
ag Taxing Wages: Key findings for the Netherlands By oecd.org Published On :: Wed, 15 Apr 2020 11:00:00 GMT The tax wedge for the average single worker in the Netherlands decreased by 0.5 percentage points from 37.8 in 2018 to 37.3 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 the Netherlands had the 18th highest tax wedge among the 36 OECD member countries, compared with the 19th in 2018. Full Article
ag Somalia Average Precipitation By tradingeconomics.com Published On :: Thu, 18 Jan 2018 17:07:00 GMT Precipitation in Somalia decreased to 7.17 mm in December from 34.67 mm in November of 2015. Precipitation in Somalia averaged 22.51 mm from 1901 until 2015, reaching an all time high of 136.24 mm in November of 1961 and a record low of 0.75 mm in December of 1967. This page includes a chart with historical data for Somalia Average Precipitation. Full Article
ag Somalia Average Temperature By tradingeconomics.com Published On :: Thu, 18 Jan 2018 17:07:00 GMT Temperature in Somalia decreased to 26.12 celsius in December from 26.64 celsius in November of 2015. Temperature in Somalia averaged 26.88 celsius from 1850 until 2015, reaching an all time high of 29.60 celsius in May of 2007 and a record low of 23.72 celsius in January of 1904. This page includes a chart with historical data for Somalia Average Temperature. Full Article
ag Turkey - Agricultural Policy Monitoring and Evaluation 2011 By www.oecd.org Published On :: Wed, 14 Dec 2011 00:00:00 GMT Turkey has implemented ambitious reforms since the late 1990s. However, support remains higher than the average in the OECD area and the most distorting forms dominate. Full Article
ag Taxing Wages: Key findings for Turkey By oecd.org Published On :: Wed, 15 Apr 2020 11:00:00 GMT The tax wedge for the average single worker in Turkey decreased by 0.1 percentage points from 39.2 in 2018 to 39.1 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Turkey had the 16th highest tax wedge among the 36 OECD member countries, compared with the 17th in 2018. Full Article
ag The Role and Management of Quality in Competition Analysis, 2013 By www.oecd.org Published On :: Mon, 28 Oct 2013 12:12:00 GMT This document compiles the material discussed in a competition policy roundtable on quality in competition analysis, including a summary of the discussion, country contributions, a background note and expert contribution on how quality factors are handled under U.S. law in the litigated assessment of the competitive effects of resale price maintenance. Full Article
ag OECD inventory of international co-operation agreements on competition By www.oecd.org Published On :: Tue, 28 Oct 2014 16:40:00 GMT International co-operation in competition law enforcement is at the core of the OECD competition-related work. Prepared by the OECD Competition Committee, this inventory focuses mainly on fifteen bilateral comprehensive government-to-government co-operation agreements where at least one of the signatories is an OECD country. Full Article
ag OECD inventory of international co-operation agreements between competition agencies (MoUs) By www.oecd.org Published On :: Mon, 10 Apr 2017 16:07:00 GMT International co-operation in competition law enforcement is at the core of the OECD competition-related work. This inventory covers over 140 co-operation MoUs between competition agencies where at least one of the signatories is a competition authority of an OECD Member, Associate or Participant to the OECD Competition Committee, or the European Union. Full Article
ag Algorithms and collusion: Competition policy in the digital age By www.oecd.org Published On :: Wed, 13 Sep 2017 20:22:00 GMT The combination of big data with technologically advanced tools is changing the competitive landscape in many markets and sectors. While this is producing benefits and efficiencies, it is also raising concerns of possible anti-competitive behaviour. This paper looks at whether algorithms can make tacit collusion easier and discusses some of the challenges they present for both competition law enforcement and market regulation. Full Article
ag Taxing Wages: Key findings for Mexico By oecd.org Published On :: Wed, 15 Apr 2020 11:00:00 GMT The tax wedge for the average single worker in Mexico increased by 0.4 percentage points from 19.7 in 2018 to 20.1 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Mexico had the 34th lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018. Full Article
ag Greece: signs international tax agreement to tackle tax evasion By www.oecd.org Published On :: Wed, 22 Feb 2012 00:00:00 GMT Greece has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement that was developed jointly by the Council of Europe and the OECD and that is open for signature to all countries. Full Article
ag Costa Rica becomes first Central American country to sign international tax agreement By www.oecd.org Published On :: Thu, 01 Mar 2012 00:00:00 GMT Costa Rica has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD that was opened for signature to all countries in June 2011. Full Article
ag Tax: the average tax burden on earnings in OECD countries continues to rise By www.oecd.org Published On :: Wed, 25 Apr 2012 00:00:00 GMT The average tax and social security burden on employment incomes increased in 26 out of 34 OECD countries in 2011 according to the new OECD Taxing Wages publication. Tax payers in Ireland, Luxembourg, Portugal and the Slovak Republic were among those hit with the largest increases. Full Article
ag Tax: Ghana Signs Tax Cooperation Agreement By www.oecd.org Published On :: Tue, 10 Jul 2012 16:00:00 GMT Ghana has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD. Ghana is the second African country, after South Africa, to sign the Convention since it was opened for signature to all countries in June 2011. Full Article
ag The Fight Against Tax Fraud and Tax Evasion: Towards a New Global Standard on Automatic Exchange of Tax Information By www.oecd.org Published On :: Sat, 14 Sep 2013 10:19:00 GMT Vast amounts of money are kept off-shore and go untaxed. The more we do to combat tax fraud and evasion, the more resources we will have to finance growth-enhancing public investment, restore the health of public finances, and put the euro area economy back on a sustained and long-term recovery, said OECD Secretary-General. Full Article
ag OECD engages with developing countries on BEPS By www.oecd.org Published On :: Fri, 27 Sep 2013 12:13:00 GMT Over 300 senior tax officials from more than 100 jurisdictions and international organisations met in Paris on 26-27 September 2013 during the 18th Annual Tax Treaty Meeting to discuss solutions to unintended double non-taxation caused by base erosion and profit shifting (BEPS). Full Article
ag OECD releases draft agenda for the November public consultation on transfer pricing matters By www.oecd.org Published On :: Mon, 21 Oct 2013 15:15:00 GMT A public consultation will be held at the OECD Conference Centre on 12-13 November 2013. The public consultation is open to all interested persons and will be attended by country delegates to Working Party No. 6 of the OECD Committee on Fiscal Affairs. Persons interested in attending must register in advance through the OECD website. Full Article
ag OECD issues communication on engagement with stakeholders By www.oecd.org Published On :: Tue, 03 Dec 2013 13:00:00 GMT The timeline of the OECD/G20 BEPS Project is extremely ambitious, with the first outputs expected for September 2014 and the completion of the project by the end of 2015. Input from relevant stakeholders is essential as the BEPS Project moves forward to develop the measures envisaged in the BEPS Action Plan. Full Article
ag The post-2015 agenda must steer a transformational shift towards sustainable development By www.oecd.org Published On :: Wed, 24 Sep 2014 18:01:00 GMT 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. Full Article
ag Heads of Tax Administration agree global actions to meet global challenges By www.oecd.org Published On :: Fri, 24 Oct 2014 14:00:00 GMT The Ninth Meeting of the OECD Forum on Tax Administration (FTA) met in Dublin, Ireland on 23-24 October to discuss the implementation of the BEPS Project and automatic exchange of information. Full Article
ag 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
ag 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
ag OECD releases 2013 mutual agreement procedure statistics By www.oecd.org Published On :: Tue, 25 Nov 2014 11:00:00 GMT The OECD has released statistics on the MAP caseloads of OECD member countries and certain Partner economies for the 2013 reporting period. Full Article
ag Workshop with developing countries to plan deepened engagement in BEPS Project By www.oecd.org Published On :: Fri, 12 Dec 2014 11:00:00 GMT On 10-11 December, officials from fourteen developing countries discussed ways to maximise benefits from their recent commitment to enhanced engagement in the BEPS Project. Full Article
ag 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
ag OECD tax burdens on wages rising without tax rate increases By www.oecd.org Published On :: Tue, 14 Apr 2015 11:00:00 GMT Taxes on wages have risen by about 1 percentage point for the average worker in OECD countries between 2010 and 2014 even though the majority of governments did not increase statutory income tax rates, according to a new OECD report. Full Article
ag 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
ag OECD releases Implementation Package for BEPS country-by-country reporting By www.oecd.org Published On :: Mon, 08 Jun 2015 11:00:00 GMT Pushing forward efforts to boost transparency in international tax matters, the OECD today released a package of measures for the implementation of a new Country-by-Country Reporting plan developed under the OECD/G20 BEPS Project. Full Article
ag 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
ag 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
ag 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
ag 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
ag OECD agrees on course of action in response to EU request to include additional fields in the CRS XML Schema By www.oecd.org Published On :: Mon, 14 Dec 2015 17:00:00 GMT On 1 December 2015 the OECD agreed on a common way forward in response to a request submitted by the European Commission pursuant to a mandate from EU Member States to include additional fields in the CRS XML Schema. This request was made further to the work of the European Commission and the EU Member States on the implementation of the Standard for Automatic Exchange of Financial Information in Tax Matters within the European Union. Full Article
ag 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
ag 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
ag Developed and developing countries gather at OECD to deepen their engagement to implement BEPS package By www.oecd.org Published On :: Fri, 04 Mar 2016 15:00:00 GMT On 1-3 March 2016, the OECD hosted two important events for the international tax community. The Task Force on Tax and Development and the Global Forum on Transfer Pricing gathered over 230 participants representing 84 jurisdictions and 11 international and regional organisations. Full Article
ag 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
ag Bermuda joins agreement to automatically share BEPS country-by-country reports By www.oecd.org Published On :: Wed, 20 Apr 2016 10:00:00 GMT Bermuda became the 33rd signatory of the Multilateral Competent Authority Agreement for the automatic exchange of Country-by-Country reports (CbC MCAA), which is based on Article 6 of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and puts in place the automatic exchange framework for exchanging Country-by-Country Reports, as contemplated by BEPS Action 13. Full Article
ag 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
ag Paraguay joins the Global Forum on Transparency and Exchange of Information for Tax Purposes By www.oecd.org Published On :: Thu, 16 Jun 2016 10:00:00 GMT Paraguay has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes as its 134th member. Full Article
ag 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
ag Governments should use tax systems to drive inclusive growth agenda By www.oecd.org Published On :: Wed, 20 Jul 2016 18:36:00 GMT Governments should use tax policy to drive forward economic agendas that seek to boost growth while sharing the benefits more evenly within society, according to a new OECD report. Full Article
ag Pakistan becomes the 104th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Wed, 14 Sep 2016 15:27:00 GMT Today, at the OECD Headquarters in Paris, Senator Mohammad Ishaq Dar, Minister of Finance of Pakistan, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Full Article
ag Latin America and the Caribbean: Low personal income taxes lead to lower taxes on wages compared with OECD By www.oecd.org Published On :: Mon, 26 Sep 2016 10:45:00 GMT Taxes on the labour income of the average worker in Latin American and Caribbean (LAC) countries totalled 21.7% of total labour costs in 2013, one-third lower than in OECD countries, where the average was 35.9%, according to the first edition of Taxing Wages in Latin America and the Caribbean. Full Article
ag OECD launches business survey on tax certainty to support G20 tax agenda By www.oecd.org Published On :: Tue, 18 Oct 2016 15:00:00 GMT The OECD received a strong endorsement from both the G20 Leaders and Finance Ministers to work on solutions to support certainty in the tax system with the aim to promote investment, trade and balanced growth. As part of a wider project, the OECD launches a Business Survey to invite businesses and other stakeholders to contribute their views on tax certainty. Full Article
ag G20/OECD BEPS Project advances tax certainty agenda with the launch of global review of MAP programmes By www.oecd.org Published On :: Thu, 20 Oct 2016 15:00:00 GMT Today the OECD released key documents, approved by the Inclusive Framework on BEPS, that will form the basis of the Mutual Agreement Procedure (MAP) peer review and monitoring process under Action 14 of the BEPS Action Plan. Full Article
ag 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
ag 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
ag 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