Brazil: Tax Dispute Resolution Peer Review Report
On 28 November 2019 the OECD published a stage 1 peer review report on Brazil’s compliance with the minimum standard on tax dispute resolution under Action 14 of the project on base erosion and profit shifting (BEPS). The peer review report
See MoreOECD: Revenue Statistics 2019
On 5 December 2019 the 2019 edition of the Revenue Statistics was released by the OECD. The publication shows that the average tax-to-GDP ratio in the OECD countries was 34.3% in 2018, almost the same as the ratio of 34.2% in 2017. In the United
See MoreOECD: Global Forum 10th Anniversary Plenary Meeting
On 26 and 27 November 2019 the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes held a meeting on its tenth anniversary. The meeting looked at the progress made on the tax transparency agenda. Banking
See MoreOECD: The effect of exchange of information on bank deposits in IFCs
An OECD working paper published on 26 November 2019 looks at the impact of increasing tax transparency and exchange of information (EOI) on cross-border financial activity by analysing data on bank deposits in international financial centres
See MoreOECD: AEOI report for 2019
On 24 November 2019 the OECD’s Global Forum released its third annual AEOI implementation report. The Standard on Automatic Exchange of Information (AEOI) outlines the procedure for the automatic exchange of pre-defined financial information
See MoreOECD: Revenue Statistics in Africa 2019
On 19 November 2019 the OECD published Revenue Statistics in Africa 2019 which is a joint initiative between the OECD, the African Tax Administration Forum (ATAF) and the African Union Commission (AUC), with the help of technical and financial
See MoreOECD: Input requested for dispute resolution peer reviews
On 18 November 2019 the OECD invited interested parties to submit input in relation to the tenth batch of dispute resolution peer reviews. Information should be submitted to the OECD by 16 December 2019 using the taxpayer input questionnaire. The
See MoreOECD: Global Forum issues reports on tax transparency
On 12 November 2019 the Global Forum on Transparency and Exchange of Information for Tax Purposes issued peer review reports on eight countries. The reports cover Andorra, Curacao, the Dominican Republic, the Marshall Islands, Samoa and the United
See MoreOECD: Consultation on Pillar Two of Measures on Tax Challenges of Digital Economy
On 8 November 2019 the OECD issued a consultation document in relation to the tax challenges of digitalisation of the economy entitled Global Anti-Base Erosion (GloBE) – Pillar Two. The GloBE proposal aims to develop a co-ordinated set of
See MoreOECD: Taxing Energy Use 2019
Taxing Energy Use 2019 was released by the OECD on 15 October 2019. The publication gives a picture of the activity by governments in introducing energy and carbon taxes, looking at the progress made and reaching conclusions on how governments
See MoreOECD: Tax Talk Summarises Developments on Taxing the Digital Economy
A Tax Talk held by the OECD on 9 October 2019 summarised developments on dealing with the tax challenges of the digital economy. Pillar One On 9 October 2019 the OECD Secretariat published a Secretariat Proposal for a “Unified Approach”
See MoreOECD: Tax Report to G20 Finance Ministers
The tax report by the OECD Secretary General to G20 Finance Ministers and Central Bank Governors was published on 9 October 2019. Digital Economy The digitalisation of the economy has led to problems in application of the existing tax rules
See MoreOECD: Unified Approach on Taxing the Digital Economy
On 9 October 2019 the OECD Secretariat published a Secretariat Proposal for a “Unified Approach” under Pillar One of the approach to taxing certain digital activities. Comments on the paper are invite by 12 November 2019 and a public
See MoreOECD: Stage 2 peer reviews of CbC reporting
On 3 September 2019 the OECD has now issued the report on the stage two peer reviews looking at the implementation of CbC reporting requirements. A total of 116 jurisdictions are covered by the report. Action 13 of the OECD action plan on base
See MoreOECD: Tax Policy Reforms 2019
The 2019 edition of Tax Policy Reforms: OECD and Selected Partner Economies examines tax reforms in OECD and some partner countries. This is the fourth edition of the report which puts together comparative information in relation to tax reforms in
See MoreOECD: Input requested for dispute resolution peer reviews
On 15 July 2019 the OECD invited interested parties to submit input in relation to issues around access to the mutual agreement procedure; availability of clear MAP guidance; and timely implementation of the outcomes of the MAP, in a number of
See MoreOECD and Brazil: Report on project to align transfer pricing rules with OECD standards
On 7 July 2019 the OECD and Brazil’s tax administration (RFB) published a report on the results of the work programme launched in February 2018 to analyse Brazil's transfer pricing framework and the similarities and divergences between the
See MoreG20 Finance Ministers issue final communique
The communique issued following the meeting of G20 Finance Ministers and Central Bank governors on 8 and 9 June 2019 covered a number of financial issues of international concern including international tax developments. The Finance Ministers noted
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