OECD publishes mutual agreement procedure statistics for 2011

11 April, 2013

The OECD has made available the statistics for 2011 in respect of the mutual agreement procedure (MAP) in its member countries. The statistics were provided to the OECD by member countries and by Argentina and South Africa which are not currently

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OECD: study of taxation of wages

01 April, 2013

The OECD Centre for Tax Policy and Administration has published as a Taxation Working Paper a study entitled: “The average personal income tax rate and tax wedge progression in OECD countries”. The tax wedge could be defined as the difference

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OECD: Aggressive tax planning schemes based on after-tax hedging

27 March, 2013

On 13 March 2013 the OECD released a report entitled “Aggressive Tax Planning Based on After-Tax Hedging”. This report uses information on aggressive tax avoidance schemes submitted to the OECD Directory on Aggressive Tax Planning and looks at

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OECD: report on aid modalities for strengthening tax systems

27 March, 2013

An OECD report entitled “Tax and development: aid modalities for strengthening tax systems” was published on 11 March 2013. This is a result of work by the OECD’s Informal Task Force on Tax and Development, which incorporates the expertise of

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OECD: report on tax evasion through electronic sales suppression

05 March, 2013

In both electronic and manual accounting systems the arrangements for recording cash received at the point of sale are important for ensuring that all sales made and cash received are correctly recorded. Much attention has been given to manual

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OECD: Treaty Relief and Compliance Enhancement (TRACE) system released

24 February, 2013

In 2006 the OECD’s Committee on Fiscal Affairs and the Business and Industry Advisory Committee (BIAC) set up an informal consultative group of government and business experts to work on improving the process by which portfolio investors may gain

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OECD invites comments on the draft International VAT Guidelines

24 February, 2013

The OECD has issued a draft consolidated version of the international VAT/GST Guidelines with an invitation for public comment on four new draft elements of the Guidelines. The new elements are a preface to the Guidelines; the core features of VAT

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OECD publishes comments on the revised discussion draft on beneficial ownership

24 February, 2013

The OECD has published the comments received from interested parties on its revised proposals in respect of the meaning of “beneficial ownership” for the purposes of Articles 10 to 12 of the OECD Model Tax Convention. The comments relate to the

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OECD issues report on base erosion and profit shifting

24 February, 2013

A report on base erosion and profit shifting (BEPS) commissioned by the G-20 has been published by the Organization for Economic Cooperation and Development (OECD). The report has already been considered by the G-20 at its mid-February meeting. The

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OECD publishes comments received on the revised emissions trading discussion draft

24 February, 2013

On 19 October 2012 the OECD released a discussion draft on tax treaty issues relating to emissions permits and credits. Comments from interested parties were invited by 15 January 2013 and these comments have now been published on the OECD

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OECD publishes comments on permanent establishment discussion draft

24 February, 2013

The OECD has published comments received in respect of the revised discussion draft on proposed changes to Article 5 (permanent establishment) of the OECD Model Tax Convention. The revised discussion draft was issued on 19 October 2012 and

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