IMF report considers the fiscal position of Japan
On 4 October 2018 the IMF released a report following the conclusion of talks with Japan under Article IV of the IMF’s articles of agreement. The IMF notes that Japan’s economy is growing above its potential but there are more downside risks
See MoreIMF report comments on the economy of the United Arab Emirates
On 30 September 2018 the IMF published a report following consultations with the United Arab Emirates under Article IV of the IMF’s articles of agreement. The IMF expects economic growth to strengthen in the next few years supported by higher oil
See MoreIMF report comments on the economy of Kazakhstan
On 16 September 2018 the IMF published on its website a report following consultations with Kazakhstan under Article IV of the IMF’s articles of agreement. Kazakhstan’s economic growth has strengthened owing to higher oil production and
See MoreIMF report looks at Chile’s economy and tax reforms
On 20 September 2018 the IMF issued a report on the economic position of Chile following consultations under Article IV of the IMF’s articles of agreement. Chile has experienced strong economic growth in 2018 and is expected to reach around 4%
See MoreIMF report looks at UK economy
On 17 September 2018 the IMF issued a report following discussions with the UK under Article IV of the IMF’s articles of agreement. Economic growth in the UK has decreased since the EU referendum in June 2016 owing to uncertainty in relation to
See MoreIMF Comments on Austria’s Fiscal Position
On 12 September 2018 the IMF issued a report following the conclusion of consultations in Austria under Article IV of the IMF’s articles of agreement. Austria’s economic recovery is broad-based with output expanding by 3% in 2017, boosted by
See MoreIMF Report Comments on Russia’s Economy
On 12 September 2018 the IMF published a report following consultations in Russia under Article IV of the IMF’s articles of agreement. The economy is recovering from the recession of 2015–16 owing to an effective policy response combined with
See MoreIMF report looks at fiscal policy in Latvia
On 6 September 2018 the IMF issued a report following the conclusion of discussions with Latvia under Article IV of the IMF’s Articles of Agreement. Economic growth rose in 2017 owing to increasing wages, recovery of private investment and faster
See MoreIMF focuses on transparency and governance issues in South Africa
The IMF’s Country Focus issued on 2 August 2018 featured an interview with the IMF’s team head for South Africa following a round of consultations there. The discussion focused on transparency and governance issues and the use of digital
See MoreIMF Statement Comments on Economic Developments in Mozambique
On 3 August 2018 the IMF released a statement following a visit to Mozambique to look at recent macroeconomic developments; update the macroeconomic framework for 2018-19; and provide input to the preparation of the 2019 draft budget. The economy
See MoreIMF Report Comments on Economic Policy in India
On 7 August 2018 the IMF published a report following consultations with India under article IV of the IMF’s articles of agreement. India’s economic growth is forecast to rise to 7.3% in 2018/19 and rise further to 7.5% in 2019/20 with stronger
See MoreIMF Report Comments on Economic Policy in Hungary
On 1 August 2018 the IMF published its report following consultations with Hungary under Article IV of the IMF’s articles of agreement. Hungary’s economy has been growing strongly for some years supported by EU funds and strong disposable
See MoreG20 Finance Ministers issue communiqué
Following their meeting of 19 and 20 2018 the G20 Finance Ministers issued a communiqué covering the topics discussed. Issues affecting international tax are summarized below: Technology The communiqué notes that the benefits of technological
See MoreOECD: Inclusive Framework Issues Progress Report
The OECD’s Inclusive Framework on base erosion and profit shifting (BEPS) has issued a progress report of its activities in the year to June 2018. The report indicates that significant developments have taken place in BEPS implementation during
See MoreOECD: Report on Improving Tax Certainty Prepared for G20 Finance Ministers
On 23 July 2018 the OECD released a report on approaches to improving tax certainty, prepared for the G20 Finance Ministers who met on 19 and 20 July 2018. The report focuses first on developments in the OECD and G20 countries such as the
See MoreOECD: Tax Report by the Secretary General to the G20 Finance Ministers
On 23 July 2018 the OECD released the tax report from the OECD Secretary General to the G20 Finance Ministers. The G20 Finance Ministers met on 19 and 20 July 2018. Tax Challenges Arising from Digitalisation An interim report issued in March
See MorePlatform for Collaboration on Tax: taxation of offshore indirect transfers
On 16 July 2018 the Platform for Collaboration on Tax (PCT) published a new draft of its toolkit on the taxation of offshore indirect transfers of assets. The PCT was set up by the IMF, OECD, UN and World Bank at the request of the G20 of countries
See MoreIMF: Fiscal Management of Mining and Petroleum in West Africa
On 27 February 2018 the IMF Deputy Managing Director addressed relevant issues at the opening of the Conference on Fiscal Management of Mining and Petroleum in West Africa. The possession of natural resources has often not helped to achieve better
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