OECD: Tax Talk Summarises Latest Tax Developments

05 February, 2019

An OECD Tax Talk held on 29 January 2019 summarised the latest tax developments. Tax and Digitalisation A Policy Note agreed by the Inclusive Framework was issued in January 2019. A public consultation document is to be released in February 2019

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OECD announces progress made in addressing harmful tax practices

30 January, 2019

On 29 January 2019 the OECD released a publication entitled “Harmful Tax Practices – 2018 Progress Report on Preferential Regimes”. This contains results to show that jurisdictions are pursuing their commitment to the standard on harmful tax

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OECD: Inclusive Framework issues policy note on digital economy

30 January, 2019

The Inclusive Framework on base erosion and profit shifting (BEPS) has issued a new Policy Note under action 1 of the action plan on base erosion and profit shifting (BEPS) entitled Addressing the Tax Challenges of the Digitalisation of the Economy.

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OECD to launch Corporate Tax Statistics

11 January, 2019

The OECD announced on 11 January 2019 that a new report and dataset entitled Corporate Tax Statistics is to be published containing internationally comparable statistics and analysis relevant to the debate on tax policy. These statistics that will

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OECD: Peer reviews on BEPS Action 5 minimum standard

22 December, 2018

On 13 December 2018 the OECD published the 2017 Peer Review Reports on the Exchange of Information on Tax Rulings. The peer reviews were conducted as part of the follow-up work and monitoring of developments in line with the recommendations of the

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G20 leaders set out objectives for international tax policy

07 December, 2018

G20 leaders set out objectives for international tax policy The final communique of the G20 leaders’ summit on 30 November and 1 December 2018 focused on the future of work; infrastructure for development; a sustainable food future; and a

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OECD: Revenue Statistics 2018 published

07 December, 2018

OECD: Revenue Statistics 2018 published The OECD’s annual publication on Revenue Statistics 2018 was published on 5 December 2018. The statistics show that tax revenues have increased in advanced economies. The report notes that taxes on

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OECD: Revenue Statistics in Asian and Pacific Economies

07 December, 2018

OECD: Revenue Statistics in Asian and Pacific economies On 29 November 2018 the OECD released the fifth edition of Revenue Statistics in Asian and Pacific Economies . This shows that tax-to-GDP ratios have fallen in most of the 16 Asian and

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OECD: Inclusive Framework report on preferential tax regimes

19 November, 2018

On 15 November 2018 the OECD published a progress report in relation to the work by the Inclusive framework on base erosion and profit shifting (BEPS) on assessing preferential tax regimes. The Inclusive Framework is implementing the monitoring

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OECD: Guidance on synthesised texts clarifying the impact of the MLI

15 November, 2018

The OECD announced on 16 November 2018 that new guidance is available for the development of synthesised texts presenting a clear overview of the modifications by countries to their bilateral double tax treaties as a result of applying the

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OECD: Latin America Academy for Tax and Financial Crime Investigation Begins Courses

15 November, 2018

On 16 November 2018 the OECD announced that the Latin America Academy for Tax and Financial Crime Investigation has launched its first programme. Tax investigators from Argentina, Bolivia, Chile, Colombia, Mexico, Paraguay, Peru and Dominican

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OECD: Taxpayer input invited on seventh batch of Dispute Resolution peer reviews

15 November, 2018

On 15 November 2018 the OECD issued a request for taxpayers to submit input in relation to the seventh round of stage 1 peer reviews under action 14 of the OECD/G20 action plan on base erosion and profit shifting (BEPS). Action 14 is concerned with

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OECD: Inclusive Framework regional meeting for Eastern Europe and Central Asia

11 November, 2018

A regional meeting of the Inclusive Framework on base erosion and profit shifting (BEPS) for Eastern Europe and Central Asia was held in Armenia on 7 to 9 November 2018. Delegates from sixteen countries, international and regional organisations as

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OECD: Revenue Statistics in Africa for 2018

02 November, 2018

On 31 October 2018 the OECD released the third edition of Revenue Statistics in Africa. The publication, released during the 18th International Economic Forum on Africa, is a joint initiative between the African Tax Administration Forum (ATAF), the

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OECD and World Bank call for streamlined approach to combating tax evasion and corruption

24 October, 2018

On 22 October 2018 the OECD and the World Bank produced a joint report on Improving Cooperation between Tax Authorities and Anti-Corruption Authorities in Combating Tax Crime and Corruption. The joint report was launched at the eighteenth

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OECD: Tax Talk discusses progress on key tax issues

20 October, 2018

An OECD Tax Talk on 16 October 2018 discussed the latest developments on tax issues. Tax Challenges of Digitalisation In March 2018 the Task Force on the Digital Economy (TFDE) sent an interim report to the G20 on the tax challenges of

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OECD: CRS avoidance through residence and citizenship by investment schemes

20 October, 2018

On 16 October 2018 the OECD has published the results of its analysis of over 100 schemes for citizenship by investment and residence by investment (CBI/RBI) offered by jurisdictions that are committed to the common reporting standard (CRS). These

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OECD: Policy Note on Tax and Digitalisation

20 October, 2018

On 19 October 2018 the OECD issued a policy note on tax and digitalization. The policy note looks at the challenges to tax systems arising from the digital economy and the opportunities and risks presented. A review of the international tax rules to

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