OECD Issues BEPS Documents on Monitoring Mutual Agreement Procedures under Action 14

27 October, 2016

Action 14 of the OECD project on base erosion and profit shifting (BEPS) was concerned with making dispute resolution procedures more effective. The final report on Action 14 approved by G20 finance ministers in October 2015 outlined the minimum

See More

New Zealand: Implementation of BEPS Action 2-hybrid mismatch

08 September, 2016

The government of New Zealand released a consultative discussion document on 6 September 2016 containing proposals for addressing hybrid mismatch arrangements. The document proposes that New Zealand adopts the 2015 OECD recommendations on hybrid

See More

Sweden: Transfer pricing guidance updated with BEPS

13 August, 2016

The tax authorities issued an updated version of the Swedish Transfer Pricing guidance on July 2, 2016. The guidance has been updated with the final report on aligning Transfer Pricing outcomes with value creation (Actions 8-10) of the Action Plan

See More

OECD: Addressing BEPS involving interest in the banking and insurance sectors

01 August, 2016

On 28 July 2016 the OECD issued a discussion draft outlining approaches to combating base erosion and profit shifting (BEPS) involving interest in the banking and insurance sectors. This is part of further work following the final report on BEPS

See More

OECD: Report to G20 finance ministers

30 July, 2016

On 26 July 2016 the OECD published on its website the report prepared for the meeting of the G20 finance ministers held on 23 and 24 July 2016. The report contains updates on progress on the implementation of the recommendations of the reports on

See More

OECD: Conforming amendments to guidelines on business restructurings

07 July, 2016

On 4 July 2016 the OECD published a document for public review containing the conforming amendments to Chapter IX of the OECD Guidelines (business restructurings) following the changes made to other parts of the Guidelines as a result of the final

See More

OECD: Revised guidance on profit splits

06 July, 2016

On 4 July 2016 the OECD released a consultation document containing revised guidance on profit splits. This is part of the follow-up work on BEPS actions 8 to 10 in relation to assuring that transfer pricing outcomes are in line with value creation.

See More

OECD: Discussion draft on attribution of profits to permanent establishments

06 July, 2016

On 4 July 2016 the OECD published a discussion draft on additional guidance on the attribution of profits to permanent establishments, as part of the follow-up to the work on base erosion and profit shifting (BEPS). Comments are invited from

See More

OECD: Kyoto meeting takes forward the new inclusive framework for tackling BEPS

01 July, 2016

An initial meeting was held in Kyoto on 30 June and 1 July 2016 to take forward the new inclusive framework for tackling base erosion and profit shifting (BEPS). Delegates representing more than 80 countries at various stages of development

See More

OECD: Guidance on implementation of country by country reporting

29 June, 2016

On 29 June 2016 the OECD published guidance on aspects of country by country (CbC) reporting. The guidance covers the following aspects: Transitional filing options for multinationals voluntarily filing in the parent jurisdiction; The

See More

OECD releases request for input on multilateral instrument to implement tax treaty related BEPS measures

03 June, 2016

On 31 May 2016 the OECD released a request for input inviting comments from interested parties on the multilateral instrument to implement the tax treaty related measures in the OECD/G20 action plan on base erosion and profit shifting (BEPS). Input

See More

Austria: Publishes Transfer Pricing Documentation draft Law

30 May, 2016

The Austrian Ministry of Finance (MoF) published the draft of the European Union (EU) Tax Amendment Act 2016 on 9 May 2016. The focus of this proposal is the draft of the new Austrian Transfer Pricing Documentation Law (TPDL). The new law serves as

See More

Axiom Groupe conference on Transfer Pricing Excellence

24 May, 2016

The Axiom Groupe conference on Transfer Pricing Excellence was held in Barcelona on 19 and 20 May 2016. The conference included a workshop from the World Bank group. Some of the important issues coming out of the sessions are summarized

See More

OECD: Forum on Tax Administration discusses international tax cooperation

14 May, 2016

Participants from forty-nine delegations including regional and international tax organizations attended the Tenth Meeting of the OECD Forum on Tax Administration from 11 to 13 May 2016. The delegates confirmed their commitment to continuing

See More

OECD: Multilateral competent authority agreement signed by China and India

12 May, 2016

On 12 May 2016 six countries including China and India signed the multilateral competent authority agreement for the exchange of country by country (CbC) reports. The other countries signing the agreement on 12 May were Canada, Iceland, Israel and

See More

Denmark: Publishes new transfer pricing documentation guidelines

10 May, 2016

The Danish Ministry of Taxation issued two Orders : BEK nos. 401 and 402, on 28 April 2016, concerning transfer pricing documentation. The new documentation guidelines BEK no. 402, which will replace the previous guidelines of 24 January 2006 (BEK

See More

Platform for Collaboration on Tax set up by OECD, IMF, UN and World Bank

20 April, 2016

On 19 April 2016 the OECD, IMF, World Bank and UN announced the creation of a Platform for Collaboration on Tax. The Platform will intensify cooperation between these bodies as well as hosting regular consultations on the design and implementation

See More

EU proposals on country by country reporting

16 April, 2016

In the Action Plan on a Fairer Corporate Tax System issued in March 2015 the European Commission proposed to implement in the European Union (EU) the proposals under Action 13 of the OECD’s action plan on base erosion and profit shifting (BEPS).

See More