OECD: Tax incentives lead R&D support in most countries
The OECD has issued a statistical release on 22 April 2025, highlighting that tax incentives continue to outpace other forms of government support for R&D in most countries. The report states that close to 55% of total support for business
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OECD updates signatories list for MCAA-CbC as of April 2025
The Organisation for Economic Cooperation and Development (OECD) released an updated list of signatories, along with their signing dates, for the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports
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Cape Verde joins OECD agreement on exchange of CbC reports
Cape Verde has signed the OECD Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 9 April 2025. Under BEPS Action 13, all large multinational enterprises (MNEs) are required to prepare a
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OECD releases statement on outcomes of 17th inclusive framework meeting held on 7-10 April
The OECD released a public statement summarizing the key outcomes of the 17th plenary meeting of the OECD/G20 Inclusive Framework on BEPS, which took place from 7-10 April 2025 in Cape Town, South Africa. Domestic tax base erosion and profit
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OECD adds Guernsey to list of qualified Pillar Two jurisdictions
The OECD issued an update on 31 March 2025, in which Guernsey has been added as a jurisdiction with a qualified income inclusion rule (IIR), domestic minimum top-up tax rule (QDMTT), and meeting QDMTT safe harbor standards. This should prevent
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CARICOM to update tax treaty to meet global standards
The Caribbean Community (CARICOM) announced on 31 March 2025 that it is updating its tax treaty to align it with international standards and rules. "The CARICOM Council for Finance and Planning (COFAP) recognises the importance of tax cooperation
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OECD updates legislation record for Pillar 2 global minimum tax transition qualified status
The OECD has released an updated edition of the Central Record of Legislation with Transitional Qualified Status for the Pillar 2 global minimum tax as of 31 March 2025. The global minimum tax follows a rule order that limits applying minimum tax
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OECD releases working paper corporate income tax, investment, net-zero transition
The OECD has released a working paper titled Corporate income tax, investment, and the Net-Zero Transition: Issues for consideration on 20 March 2025. Achieving net-zero climate goals requires significant private-sector investment in clean
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OECD updates tax incentives database for 70 emerging and developing economies
The OECD has released the Investment Tax Incentives Database 2024 update on 19 March 2025. The 2024 update of the OECD Investment Tax Incentives Database (ITID) provides insights into corporate income tax (CIT) incentives for investment in 70
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OECD publishes tax information exchange reviews reports for Armenia, British Virgin Islands, Burkina Faso, Ivory Coast, Djibouti
The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) of the OECD has published five new peer review reports on transparency and exchange of information on request (EOIR) for Armenia, the British Virgin
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OECD releases Economic Outlook Interim Report: Steering through Uncertainty
The Organization for Economic Co-operation and Development (OECD) has released the Economic Outlook Interim Report: Steering through Uncertainty on 17 March 2025. According to the report, the global economy has been resilient in 2024, but some
See MoreOECD: Report on Simplified Peer Review of Iceland under BEPS Action 14
On 4 March 2025 the OECD issued a stage one simplified peer review report on Iceland under BEPS action 14. The report sets out the results of Stage 1 of the simplified peer review of the implementation of the minimum standard on making dispute
See MoreOECD: Report on Simplified Peer Review of Peru under BEPS Action 14
On 4 March 2025 the OECD issued a stage one simplified peer review report on Peru under BEPS action 14. The report sets out the results of Stage 1 of the simplified peer review of the implementation of the minimum standard on making dispute
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OECD releases 2025 Global Forum Capacity Building Report, highlights record-breaking 2024 outreach activities in 2024
The Organisation for Economic Co-operation and Development (OECD) released the 2025 Global Forum Capacity Building Report on 6 March 2025. This report highlights the record-breaking capacity-building and outreach activities carried out by the
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OECD releases new BEPS Action 14 MAP peer review results
The OECD releases the latest BEPS Action 14 Mutual Agreement Procedure (MAP) peer review results, highlighting continued progress in making dispute resolution more effective, under the BEPS package, pursuant to which jurisdictions have committed to
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G20 Chair’s Summary released after finance ministers and central bank governors meeting in Cape Town on 26-27 February
The first G20 Finance Ministers and Central Bank Governors meeting (FMCBG) took place on 26-27 February 2025 in Cape Town under South Africa’s Presidency. There was not consensus for a communique, and this represents the Chair’s summary of
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OECD revises signatories list for MCAA-CbC as of February 2025
The Organization for Economic Cooperation and Development (OECD) has released an updated list of signatories to the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports on 26 February 2025. The
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OECD publishes working paper on capital gains taxation, examining rationale and economic implications
The OECD published a working paper titled Taxing Capital Gains: Country Experiences and Challenges, which examines the taxation of capital gains across its member jurisdictions on 26 February 2025. The paper assesses the rationale for offering
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