OECD: Consumption tax trends 2022
On 30 November 2022 the OECD released Consumption Tax Trends 2022, an annual publication setting out comparative data on consumption taxes and trends in consumption tax policy in OECD countries. The data indicate that as e-commerce increases the
See More
OECD: Revenue Statistics 2022
On 30 November 2022 the OECD published Revenue Statistics 2022. The publication sets out the statistics of tax revenue for 2021 which indicate that tax revenues were recovering after the crisis caused by the pandemic. The publication classifies
See MoreGlobal Forum Plenary Meeting
On 9 to 11 November 2022 the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) held its 15th Plenary Meeting. The main theme of the discussions was to bring transparency and exchange of information to the
See More
OECD: Tax Certainty Day
On 22 November 2022 which was designated as Tax Certainty Day the OECD’s Forum on Tax Administration (FTA) held a virtual meeting to discuss issues around tax certainty. Tax officials and stakeholders participated in a virtual meeting to review
See More
OECD: Mutual Agreement Procedure Statistics for 2021
On 22 November 2022 the OECD published the mutual agreement procedure (MAP) statistics for 2021. The report covers 127 jurisdictions and is a part of the work on the minimum standard on BEPS action 14 (improving dispute resolution mechanisms). The
See More
UNDP Policy Brief Looks At Tobacco Taxes and Sustainable Development Financing
A Policy Brief issued by the United Nations Development Program (UNDP) on 15 November 2022 argues that tobacco taxation should be included as an important part of financing for sustainable development. Based on the findings of the Investment Case
See More
OECD: Corporate Tax Statistics
On 17 November 2022 the OECD published the latest edition of the annual Corporate Tax Statistics publication, covering over 160 countries and jurisdictions. The latest edition includes new aggregated data on country-by-country (CbC) reports covering
See More
OECD: Revenue Statistics in Africa
On 14 November 2022 the OECD published Revenue Statistics in Africa 2022. The annual publication is produced by the OECD jointly with the African Tax Administration Forum (ATAF) and the African Union Commission (AUC). Technical assistance is given
See More
South Africa: Peer Review on Transparency and Exchange of Information
The second-round peer review report on South Africa’s implementation of standards on the exchange of information on request was published by the OECD’s Global Forum on 9 November 2022. The report notes that South Africa is largely compliant with
See More
OECD: Peer Review Report on the Automatic Exchange of Financial Account Information
On 9 November 2022 the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes published a peer review report on the automatic exchange of financial account information. The Global Forum monitors and reviews the
See More
Israel: Peer Review on Transparency and Exchange of Information
The second stage, phase one peer review report on Israel’s implementation of standards on the exchange of information on request was published by the OECD on 9 November 2022. The first review noted that although a regulatory framework was in
See More
OECD: Pricing Greenhouse Gas Emissions
On 3 November 2022 the OECD released Pricing Greenhouse Gas Emissions: Turning Climate Targets into Climate Action looking at the development of explicit carbon prices, energy taxes, and subsidies that lower pre-tax energy prices, in the years 2018
See More
UN: Taxation of the Extractive Industries
At the meeting of the UN Committee of Experts on International Cooperation in Tax Matters from 18 to 21 October 2022 the committee heard a report on the work of the extractives subcommittee. Energy transition The extractives subcommittee is
See More
UN: Tax Committee Discusses Transfer Pricing
The UN Tax Committee at its meetings from 18 to 21 October 2022 discussed the progress made on transfer pricing issues. The transfer pricing Subcommittee has been drafting guidance in the area of primary products and pharmaceuticals; domestic
See More
OECD: Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors
The OECD Secretary-General’s Tax Report to the G20 Finance Ministers and Central Bank Governors released in October 2022 outlined recent developments in international taxation. Two-pillar approach Ahead of its Plenary meeting on 6-7 October
See More
OECD: Updates to the Guidance on Country by Country Reporting
In October 2022 the OECD published some updates to the Guidance on the Implementation of Country-by-Country Reporting under Action 13 of the action plan on base erosion and profit shifting (BEPS). Additional sections of guidance were added in
See More
UN: Increasing Tax Transparency
At the meeting of the UN Committee of Experts on International Cooperation in Tax Matters from 18 to 21 October 2022 the Subcommittee on increasing tax transparency reported on its work program. The Subcommittee was formed to consider ways to
See MoreUN: Guidance on Digitalisation of Tax Administration
At the meeting of the UN Committee of Experts on International Cooperation in Tax Matters from 18 to 21 October 2022 the committee heard a report on progress by the group on digitalisation and other opportunities to improve tax
See More