On August 1st 2017, interested parties were invited to provide comments on the discussion draft of a toolkit on the Taxation of Offshore Indirect Transfers. The Platform for Collaboration on Tax is grateful to the commentators for their input and now publishes the public comments received during the consultation period.

The Platform for Collaboration on Tax – a joint initiative of the IMF, OECD, UN and World Bank Group – has undertaken, at the request of the G20, the development of a series of “toolkit” reports to help guide developing countries in the implementation of policy options for issues in international taxation of greatest relevance to these countries.

This paper reviews and evaluates the efficacy of simplified tax registration and collection mechanisms for securing compliance of taxpayers over which the jurisdiction with taxing rights has limited or no authority to effectively enforce a tax collection or other compliance obligation.

The four partner organisations to the Platform for Collaboration on Tax (PCT) will discuss critical challenges and opportunities for mobilising domestic resources to meet countries’ development priorities, at the upcoming IMF-World Bank annual meetings in Bali, Indonesia.

International cooperation and collective action are critical to tackling the world’s major challenges, OECD Secretary-General Angel Gurría said following the G20 Leaders’ Summit held in Buenos Aires amid heightened trade tensions but at which important advances were made on a number of priorities of Argentina’s presidency.

Meeting in Melbourne, Australia on 20-22 March 2019, around 300 participants attending the Global Forum on VAT, welcomed measures proposed in a new report by the OECD on The Role of Digital Platforms in the Collection of VAT/GST on Online Sales. The report includes new measures to make e-commerce marketplaces liable for the VAT/GST on sales made by online traders through their platforms.

The Forum on Tax Administration (FTA), the 53 leading global tax administrations, met in Chile on 26-28 March and agreed an ambitious agenda focused on tax certainty, enhanced tax co-operation and the collective challenges of digital transformation.

The Platform for Collaboration on Tax – a joint initiative of the IMF, OECD, UN and World Bank Group – is seeking feedback from the public on a draft toolkit designed to help developing countries in the implementation of effective transfer pricing documentation requirements.

The Global Forum on Transparency and Exchange of Information for Tax Purposes visited the Headquarter of the African Development Bank (AfDB) on 3-4 February 2020 to discuss the tax transparency agenda in Africa.

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.

Imports - Coins, Gems, Jewelry & Collectibles (Census Basis) in the United States decreased to 1531.35 USD Million in March from 2278.46 USD Million in February of 2020. Imports - Coins, Gems, Jewelry & Collectibles (Cen in the United States averaged 1516.51 USD Million from 1989 until 2020, reaching an all time high of 2899.82 USD Million in August of 2019 and a record low of 507.66 USD Million in May of 1989. This page includes a chart with historical data for the United States Imports of Coins, Gems, Jewelry & Collectibles.

This Working Group on Bribery consultation with the private sector and civil society focused on collective action in the fight against foreign bribery.

15 November 2018, Paris - This Workshop will bring together academics, public stakeholders and industry experts to discuss using blockchain technology to unlock data for AI and financial sustainability and quality benchmarks

Indonesia has improved its macro-economic and structural policies over the last 15 years. Its economy, with strong and stable growth rates of 5–6.6%, is catching up with other countries in the region and allowing Indonesia to focus on its development agenda.

Icelandic labour market is flexible with high labour market participation, low unemployment, and labour supply dynamically responds to the economic cycle.

Iceland has high living standards, low poverty, high inclusiveness and one of the most sustainable pension systems.

Business and government should work more closely together to reduce inequality and foster inclusive growth. To help achieve this, at the Paris Peace Forum, Gabriela Ramos, OECD Chief of Staff, G7/G20 Sherpa and leader of the OECD’s Inclusive Growth Initiative, and Emmanuel Faber, Chairman & CEO of Danone, launched the Business for Inclusive Growth (B4IG) Platform.

Current carbon prices are falling short of the levels needed to reduce greenhouse gas emissions driving climate change, but even moderate price increases could have a significant impact, according to new OECD research.

Indonesia has improved its macro-economic and structural policies over the last 15 years. Its economy, with strong and stable growth rates of 5–6.6%, is catching up with other countries in the region and allowing Indonesia to focus on its development agenda.

This report examines cross-border collaboration on innovation, building on case studies of cross-border areas that include the following countries: Finland, Sweden, Norway, Estonia, Denmark, Germany, Netherlands, Belgium, United Kingdom and Ireland.

The role of international organisations (IOs) is critical in the development of rules and standards that can help advance the well-being of citizens in an increasingly globalised world.

Imports Intra Eu - Works Of Art, Collectors' Pieces & Antiques in the United Kingdom decreased to 17.75 GBP Million in February from 23.37 GBP Million in January of 2020. Imports Intra Eu - Works Of Art, Collectors' Piece in the United Kingdom averaged 20.84 GBP Million from 1996 until 2020, reaching an all time high of 157.67 GBP Million in November of 2015 and a record low of 0.82 GBP Million in August of 1996. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Works of Art, Collectors P.

Imports - Works Of Art, Collectors' Pieces & Antiques in the United Kingdom decreased to 151.79 GBP Million in February from 165.37 GBP Million in January of 2020. Imports - Works Of Art, Collectors' Pieces & Antiq in the United Kingdom averaged 224.63 GBP Million from 2000 until 2020, reaching an all time high of 990.41 GBP Million in June of 2011 and a record low of -0.06 GBP Million in April of 2015. This page includes a chart with historical data for the United Kingdom Imports of Works of Art, Collectors Pieces & Ant.

Bank Lending Rate in Hungary increased to 1.85 percent in April from 0.90 percent in March of 2020. Bank Lending Rate in Hungary averaged 6.82 percent from 2000 until 2020, reaching an all time high of 14.25 percent in January of 2000 and a record low of 0.90 percent in November of 2016. In Hungary, interest rate on collateralized loans is 1 day interest charged on loans by central bank to commercial banks and companies. This page provides the latest reported value for - Hungary Interest Rate on Collateralized Loans - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports - Sulfur, Sublimed Or Precipitated, Colloidal Sulfur in Mexico increased to 11 USD THO in March from 6 USD THO in February of 2020. Imports - Sulfur, Sublimed Or Precipitated, Colloi in Mexico averaged 13.17 USD THO from 2014 until 2020, reaching an all time high of 272 USD THO in March of 2015 and a record low of 0 USD THO in June of 2014. This page includes a chart with historical data for Mexico Imports of Sulfur, Sublimed Or Precipitated, Coll.

Imports - Works Of Art, Collectors' Pieces & Antiques in Mexico increased to 7159 USD THO in March from 2934 USD THO in February of 2020. Imports - Works Of Art, Collectors' Pieces & Antiq in Mexico averaged 4654.92 USD THO from 2014 until 2020, reaching an all time high of 32971 USD THO in November of 2016 and a record low of 573 USD THO in September of 2014. This page includes a chart with historical data for Mexico Imports of Works of Art, Collectors Pieces & Ant.

Kingdom to raise crude production and offer deep discounts just as coronavirus hits demand

Industry forecast to suffer $25bn hit this year as coronavirus changes working life

Scandal at former FTSE 100 company has damaged reputations of London and the UAE

Prime minister designate says government could be unable to pay half of the salaries of 3m-strong workforce next month

Long studio sessions were once the norm, but design teams are adapting to a new, remote reality

Soaring fees, worthless degrees and dicey investments have hurt the economy

The FT's arts writer reports on Mat Collishaw's transition from conceptual shock artist to ‘proper’ draughtsman - and why, unlike revolution or virgin birth, an economic recession makes a poor subject for art  

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Businesses like buying contemporary art to show off their forward-thinking and investment savvy. Fair enough – but it still sits oddly with artists’ desire to provoke and subvert  

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IMF and other international institutions cannot lend to Harare because of debt arrears

The most popular method is through the outfit you bought it from

Supply disruptions expected to increase as governments impose lockdowns 

Iron ore giant in second disaster in 3 years after mud and waste surges through valley

There’s a chronic paradox at the heart of stablecoin-based payment systems that will render them cost-prohibitive.

Shares in brokerage firm drop overnight after it discloses payments to clearing houses

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft

Coronavirus damage to economy drives eurozone investor sentiment to a record low

IEA expects global consumption will decline 8% this year in largest drop since second world war

Pressure mounts on carmaker and alliance with Renault and Mitsubishi as groups burn through cash

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]

A microbe has overthrown our arrogance and sent global output into a tailspin

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]

Jump in downloads helps Japanese video game group score 41% rise in profit

Bank alleges collapsed Singaporean company raised money through duplicate invoices