OECD: Guidance on synthesised texts clarifying the impact of the MLI
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
See MoreOECD: Latin America Academy for Tax and Financial Crime Investigation Begins Courses
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
See MoreOECD: Taxpayer input invited on seventh batch of Dispute Resolution peer reviews
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
See MoreOECD: Inclusive Framework regional meeting for Eastern Europe and Central Asia
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
See MoreOECD: Revenue Statistics in Africa for 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
See MoreOECD and World Bank call for streamlined approach to combating tax evasion and corruption
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
See MoreOECD: Tax Talk discusses progress on key tax issues
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
See MoreOECD: CRS avoidance through residence and citizenship by investment schemes
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
See MoreOECD: Policy Note on Tax and Digitalisation
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
See MoreOECD and IGF release practice notes on BEPS risks in mining
On 19 October 2018 the OECD announced that a first set of practice notes for developing countries on BEPS risks in the mining sector have been finalized. The practice notes have been developed by the OECD’s Centre for Tax Policy and
See MoreOECD: Global Forum publishes more peer review reports
On 15 October 2018 the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes published a further seven peer review reports. These reports relate to Austria, Aruba, Bahrain, Brazil, St Kitts and Nevis, Singapore and the
See MoreOECD releases 2017 global mutual agreement procedure statistics
On 10 October 2018 the OECD released the mutual agreement procedure (MAP) statistics for 2017. Under Action 14 of the action plan on base erosion and profit shifting (BEPS) recommendations were made on improving the effectiveness and timeliness of
See MoreOECD: Effective Carbon Rates 2018
On 18 September 2018 the OECD issued the publication Effective Carbon Rates 2018: Pricing Carbon Emissions through Taxes and Emissions Trading. The report presents date on taxes and tradeable permits for carbon emissions in 42 countries from the
See MoreOECD: Comments published on discussion draft on transfer pricing for financial transactions
On 18 September 2018 the OECD published comments received on its discussion draft on financial transactions in relation to BEPS actions 8 to 10 (ensuring that transfer pricing outcomes are in line with value creation). Discussion draft The
See MoreOECD: Inclusive Framework issues further guidance on CbC reporting
On 13 September 2018 the OECD’s Inclusive Framework released additional interpretative guidance in relation to Country-by-Country (CbC) reporting under Action 13 of the OECD/G20 report on base erosion and profit shifting (BEPS). More than 100
See MoreOECD: Tax Policy Reforms 2018
On 14 September 2018 the OECD issued Tax Policy Reforms 2018, summarizing the tax policy reforms carried out in the year by OECD countries and by Argentina, Indonesia and South Africa. Corporate income tax The report notes that significant tax
See MoreOECD: Tax Policy Review of Slovenia
The OECD’s Tax Policy Review for Slovenia was issued on 3 September 2018. The OECD review considers that Slovenia must rebalance the tax mix away from employee social security contributions and towards personal income tax, value added tax (VAT)
See MoreOECD: Fourth round of peer review reports on tax dispute resolution mechanisms
On 30 August 2018 the OECD released a fourth batch of peer review reports in relation to BEPS action 14 on improving tax dispute resolution mechanisms. These stage 1 reports assess the efforts made by each of the countries to implement the minimum
See More