If there is a silver lining to the 2008 financial crisis, it is that it was a catalyst for the unprecedented progress we have made in building robust international tax standards for the interconnected global economy of the 21st century.
Paraguay has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes as its 134th member.
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.
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.
Today, Kuwait joined the 83 current signatories to the CRS Multilateral Competent Authority Agreement ("CRS MCAA"), the key international framework agreement for putting in place the automatic exchange of information on offshore financial accounts foreseen by the OECD Common Reporting Standard (CRS).
Switzerland, represented by Ambassador Ulrich Lehner , today deposited its instrument of ratification for the multilateral Convention on Mutual Administrative Assistance in Tax Matters ("the Convention") in the presence of OECD Secretary-General Angel Gurría.
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.
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.
Thailand's membership reinforces its commitment to implement both the international standard of exchange of information on request and the standard of automatic exchange of financial account information.
Lebanon represented by Mr Ghady El Khoury, Chargé d’affaires of the Embassy of Lebanon in France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (“The Convention”), therewith becoming the 111th jurisdiction to join the Convention. Lebanon deposited its instrument of ratification for the Convention at the same time.
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.
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today the first 10 outcomes of a new and enhanced peer review process aimed at assessing compliance with international standards for the exchange of information on request between tax authorities.
In the aftermath of the release of the “Paradise Papers”, 200 delegates from more than 90 delegations met in Yaoundé, Cameroon for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions.
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today nine peer review reports assessing compliance with international standards on tax transparency.
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum), published today seven peer review reports assessing compliance with the international standard on tax transparency and exchange of information on request (EOIR).
The Global Forum published today seven peer review reports assessing compliance with the international standard on transparency and exchange of information on request (EOIR).
Global cooperation to fight tax evasion and avoidance has grown rapidly over the past few years. Tax Transparency and Exchange of Information between tax authorities about financial assets and activities of their taxpayers abroad has proved to be a valuable tool in this fight.
The Global Forum held its annual meeting in Uruguay on 20-22 November, bringing together 220 delegates from 84 jurisdictions and 12 International organisations to strengthen further the international community’s fight against tax evasion. The meeting marked the widespread rollout of automatic exchange of financial account of information.
As part of continuing efforts to improve tax transparency, the Inclusive Framework on BEPS has now assessed 92 individual jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package.
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today seven peer review reports assessing compliance with the international standard on transparency and exchange of information on request (EOIR).
International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released today by the OECD.
The Global Forum Secretariat is assisting Morocco in preparing for its second round of peer review aimed at assessing its compliance with the international standard of exchange of information on request.
The Global Forum on Transparency and Exchange of Information for Tax Purposes published today nine peer review reports assessing compliance with the international standard on transparency and exchange of information on request.
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.
Jordan joins the international fight against tax evasion by becoming the 158th member of the Global Forum.
The Global Forum published today eight peer review reports assessing compliance with the international standard on transparency and exchange of information on request (EOIR).
As part of continuing efforts to address BEPS concerns, the Inclusive Framework on BEPS has now assessed 112 jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package.
Viet Nam and Palau join the international fight against tax evasion by becoming the 159th and 160th member of the Global Forum on Transparency and Exchange of Information for Tax Purposes.
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.
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.
Mali joins the international fight against tax evasion by becoming the 161st member of the Global Forum on Transparency and Exchange of Information for Tax Purposes.
Weapons Sales in Spain increased to 1188 USD Million in 2018 from 820 USD Million in 2017. Weapons Sales in Spain averaged 255.85 USD Million from 1960 until 2018, reaching an all time high of 1429 USD Million in 2011 and a record low of 1 USD Million in 1960. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.
Banks Balance Sheet in Spain increased to 2707.20 EUR Billion in February from 2682.50 EUR Billion in January of 2020. Banks Balance Sheet in Spain averaged 1953.57 EUR Billion from 1989 until 2020, reaching an all time high of 3733 EUR Billion in March of 2012 and a record low of 439.60 EUR Billion in January of 1990. This page provides the latest reported value for - Spain Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Spain’s enforcement of its foreign bribery laws has been extremely low, with not a single prosecution out of only seven investigations in 13 years since joining the OECD Anti-Bribery Convention. Spain must vigorously pursue foreign bribery allegations and strengthen its legal framework for fighting bribery by addressing gaps in its Penal Code, says a new OECD report.
The OECD Working Group on Bribery supports Spain’s efforts to further reform its Penal Code to bring its anti-bribery law into line with its international obligations under the OECD Convention on Combatting Bribery of Foreign Public Officials in International Business Transactions.
Housing Index in Spain increased to 1652.80 EUR/SQ. METRE in the fourth quarter of 2019 from 1638.30 EUR/SQ. METRE in the third quarter of 2019. Housing Index in Spain averaged 1183.81 EUR/SQ. METRE from 1987 until 2019, reaching an all time high of 2101.40 EUR/SQ. METRE in the first quarter of 2008 and a record low of 266.43 EUR/SQ. METRE in the first quarter of 1987. In Spain, Housing Index is measured by the price of home ownership of the property market per square meter. This page provides the latest reported value for - Spain House Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
This case study describes the policy-making process in Australia leading to the public release of information on every school in Australia through the My School website. Policy lessons are described to provide insight for OECD member countries which may be grappling with similar issues.
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today the first 10 outcomes of a new and enhanced peer review process aimed at assessing compliance with international standards for the exchange of information on request between tax authorities.
The transportation sub-index of the CPI basket in Spain decreased to 106.16 points in March of 2020 from 109.57 points in February of 2020. CPI Transportation in Spain averaged 95.39 points from 2002 until 2020, reaching an all time high of 110.76 points in September of 2012 and a record low of 71.87 points in January of 2002. This page provides - Spain Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.
International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released today by the OECD.
Exports: Special Classification Provisions Spare Parts in South Africa decreased to 0.07 ZAR Million in March from 1.38 ZAR Million in February of 2020. Exports: Special Classification Provisions Spare P in South Africa averaged 1.09 ZAR Million from 2014 until 2020, reaching an all time high of 16.61 ZAR Million in December of 2017 and a record low of 0 ZAR Million in April of 2019. This page includes a chart with historical data for South Africa Exports of Special Classification Provisions Spar.
Imports: Special Classification Provisions Spare Parts in South Africa increased to 9741.91 ZAR Million in March from 9091.26 ZAR Million in February of 2020. Imports: Special Classification Provisions Spare P in South Africa averaged 7610.38 ZAR Million from 2014 until 2020, reaching an all time high of 11547.82 ZAR Million in July of 2019 and a record low of 2876.49 ZAR Million in December of 2016. This page includes a chart with historical data for South Africa Imports of Special Classification Provisions Spar.
Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.
The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.
Government Debt in Spain decreased to 1188861917 EUR Thousand in the fourth quarter of 2019 from 1207754952 EUR Thousand in the third quarter of 2019. Government Debt in Spain averaged 560073464.89 EUR Thousand from 1990 until 2019, reaching an all time high of 1210915185 EUR Thousand in the second quarter of 2019 and a record low of 136774640 EUR Thousand in the fourth quarter of 1990. This page provides the latest reported value for - Spain General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
This regional seminar in Montevideo, Uruguay, focused on the monitoring and transparency of insurance markets in Latin America through the provision of sound insurance statistics and indicators, regionally and globally.
Existing Home Sales in Spain decreased to 35.32 Thousand in February from 38.44 Thousand in January of 2020. Existing Home Sales in Spain averaged 23.73 Thousand from 2007 until 2020, reaching an all time high of 50.23 Thousand in January of 2007 and a record low of 11.54 Thousand in October of 2011. This page provides - Spain Existing Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.
Imports from Spain in Turkey increased to 380.10 USD Million in March from 378.42 USD Million in February of 2020. Imports from Spain in Turkey averaged 457.69 USD Million from 2014 until 2020, reaching an all time high of 664.64 USD Million in July of 2018 and a record low of 290.78 USD Million in February of 2019. This page includes a chart with historical data for Turkey Imports from Spain.