IMF: Revenue Mobilisation in the Middle East and Central Asia
On 6 July 2022 the IMF published a departmental paper entitled Revenue Mobilization for a Resilient and Inclusive Recovery in the Middle East and Central Asia. The paper looks at strategies to improve revenue collection in countries of the
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OECD: Analytics Maturity Model
On 22 June 2022 the OECD’s Forum on Tax Administration (FTA) published a report on the Analytics Maturity Model. This report is part of a series introducing maturity models that can help the tax administration to self-assess, through a process of
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OECD: Tax Transparency in Africa 2022
On 14 June 2022, during the meeting of the Africa Initiative, the OECD published Tax Transparency in Africa 2022. The report looks at progress made in tax transparency and exchange of information to combat tax evasion and other illicit financial
See MoreIMF Report Considers Austria’s Economic Situation
On 13 June 2022 the IMF published a report following discussions with Austria under Article IV of the IMF’s articles of agreement. Although Austria’s economy was seriously impacted by the pandemic, partly due to the size of the tourism
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WTO: Role of Trade in Achieving SDGs
On 8 June 2022 the World Trade Organisation (WTO) submitted a report to the UN’s High-level Political Forum (HLPF) on Sustainable Development. The WTO contribution to the 2022 UN High-Level Political Forum considers the role of trade in
See MoreIMF Report Considers Romania’s Economic Situation
On 10 June 2022 the IMF published a report following discussions with Romania under Article IV of the IMF’s articles of agreement. Romania’s economy recovered well after the pandemic; but is now facing strong challenges. The GDP
See MoreOECD: New Transfer Pricing Country Profiles Published
On 9 June 2022 the OECD released new transfer pricing country profiles for Egypt, Liberia, Saudi Arabia and Sri Lanka. The OECD transfer pricing profiles cover the OECD member countries and a number of member countries of the Inclusive
See MoreIMF Report Considers Fiscal Policy in Lithuania
On 7 June 2022 the IMF published a report following discussions with Lithuania under Article IV of the IMF’s articles of agreement. Before the Ukraine war began, Lithuania’s economy was recovering strongly. A recession was avoided in 2020 by
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WHO: World Health Organisation looks at the effect of the tobacco industry on the environment
On 29 May 2022 the World Health Organisation (WHO) published a document entitled Tobacco: Poisoning Our Planet looking at the environmental damage caused by the tobacco industry. The report looks at the damage done to the environment throughout
See MoreUK: HMRC Data on Financial Assets Held Abroad
It was reported on 31 May 2022 that UK residents had GBP 850 billion in financial accounts overseas in 2019 (the latest year for which statistics are available) of which GBP 570 billion was based in tax havens. This data was disclosed by HMRC in
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OECD: Taxing Wages 2022
On 24 May 2022 the OECD published the latest issue of the annual publication Taxing Wages 2022. This sets out details of taxes paid on wages in OECD countries, covering personal income taxes and social security contributions paid by employees;
See MoreIMF Report Recommends Policy Changes for Germany
On 23 May 2022 the IMF published a report following discussions with Germany under Article IV of the IMF’s articles of agreement. Germany’s economic recovery was gathering strength before the Ukraine war began, but the war has impacted the
See MoreIMF Report on Slovakia Makes Policy Recommendations
On 20 May 2022 the IMF issued a report following discussions with Slovakia under Article IV of the IMF’s articles of agreement. During 2021 the recovery of the Slovak economy was dampened by resurgence of the pandemic and supply chain
See MoreIMF Report Considers the Economic Situation in Italy
On 19 May 2022 the IMF issued a concluding statement following discussions with Italy under Article IV of the IMF’s articles of agreement. By the end of 2021 Italy’s economy had recovered to a level close to its pre-pandemic output,
See MoreIMF Report Comments on the Economic Situation in Portugal
On 16 May 2022 the IMF published a report following discussions with Portugal under Article IV of the IMF’s articles of agreement. Following a deep recession during the pandemic the economy has begun to recover. The economy was hit harder than
See MoreUK: Research on Benefits of Money Service Businesses
On 9 May 2022 the UK government published the results of research commissioned by HMRC to understand the economic and social benefits of the Money Service Business (MSB) sector in the UK. MSBs are businesses that allow customers to send money,
See MoreIMF Report Considers Fiscal Policy in Denmark
On 9 May 2022 the IMF issued a report following discussions with Denmark under Article IV of the IMF’s articles of agreement. The economic recovery is likely to continue in Denmark, with the lifting of restrictions introduced during the
See MoreIMF Report Assesses Ireland’s Economy
On 5 May 2022 the IMF released a report following consultations with Ireland under Article IV of the IMF’s articles of agreement. Ireland’s economic growth reached 13.5% in 2021 but there are downside risks from the increase in energy
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