OECD Issues BEPS Documents on Monitoring Mutual Agreement Procedures under Action 14
Action 14 of the OECD project on base erosion and profit shifting (BEPS) was concerned with making dispute resolution procedures more effective. The final report on Action 14 approved by G20 finance ministers in October 2015 outlined the minimum
See MoreOECD: multilateral competent authority agreement for exchange of CbC reports
On 19 October 2016 the OECD announced that five more countries have signed the multilateral competent authority agreement for the exchange of country by country reports. This brings the total number of signatories to 49. The latest signatories in
See MoreOECD – introduces global review of MAP programmes(Action 14)
OECD released key documents on 20 October 2016, approved by the Inclusive Framework on BEPS and that will form the basis of the Mutual Agreement Procedure (MAP) peer review and monitoring process under Action
See MoreOECD research considers the effectiveness of carbon tax and emissions trading
A report released by the OECD on 26 September 2016 entitled Effective Carbon Rates: Pricing CO2 through Taxes and Emission Trading Systems suggests that current carbon prices are not high enough to reduce greenhouse gas emissions. The research also
See MoreOECD report on tax policy reforms in 2015
The OECD has issued a report entitled “Tax Policy Reforms in the OECD 2016”. This is the first edition of an annual monitoring project that will provide a summary of tax reforms in OECD countries each year. This report identifies the tax policy
See MoreOECD: Discussion draft on branch mismatch structures
On 22 August 2016 the OECD released a discussion draft on branch mismatch structures under Action 2 of the OECD report on base erosion and profit shifting (BEPS). Comments are invited from interested parties by 19 September 2016. The discussion
See MoreOECD: Addressing BEPS involving interest in the banking and insurance sectors
On 28 July 2016 the OECD issued a discussion draft outlining approaches to combating base erosion and profit shifting (BEPS) involving interest in the banking and insurance sectors. This is part of further work following the final report on BEPS
See MoreOECD: Report to G20 finance ministers
On 26 July 2016 the OECD published on its website the report prepared for the meeting of the G20 finance ministers held on 23 and 24 July 2016. The report contains updates on progress on the implementation of the recommendations of the reports on
See MorePlatform for Collaboration on Tax: Report to G20 on capacity building
On 25 July 2016 the Platform for Collaboration on Tax made available a report on enhancing the effectiveness of external support in building tax capacity in developing countries. The report was written for the meeting of the G20 finance ministers
See MoreG20 Finance Ministers support equitable growth
The G20 finance ministers and central bank governors met on 23 and 24 July 2016 and issued a final communiqué on 24 July 2016. In the final communiqué the finance ministers and central bank governors noted that the benefits of economic growth
See MoreOECD: Tax design for inclusive economic growth
On 20 July 2016 the OECD Centre for Tax Policy and Administration issued a taxation working paper entitled Tax Design for Inclusive Economic Growth. This looks at the design features of tax systems and looks at how they can be strengthened to allow
See MoreOECD: Review of Italy’s tax administration
The OECD Centre for Tax Policy and Administration has carried out a review of the organizational structure and institutional arrangements of the Italian tax administration including the Revenue Agency and the Customs Agency. The review which was
See MoreOECD: Design and operation of the group ratio rule in BEPS action 4
On 11 July 2016 the OECD released a discussion draft on the operation of the group ratio rule under Action 4 of the project on base erosion and profit shifting (BEPS). Comments are invited from interested parties by 16 August 2016. The BEPS report
See MoreOECD: Conforming amendments to guidelines on business restructurings
On 4 July 2016 the OECD published a document for public review containing the conforming amendments to Chapter IX of the OECD Guidelines (business restructurings) following the changes made to other parts of the Guidelines as a result of the final
See MoreOECD: Revised guidance on profit splits
On 4 July 2016 the OECD released a consultation document containing revised guidance on profit splits. This is part of the follow-up work on BEPS actions 8 to 10 in relation to assuring that transfer pricing outcomes are in line with value creation.
See MoreOECD: Discussion draft on attribution of profits to permanent establishments
On 4 July 2016 the OECD published a discussion draft on additional guidance on the attribution of profits to permanent establishments, as part of the follow-up to the work on base erosion and profit shifting (BEPS). Comments are invited from
See MorePlatform for Collaboration on Tax releases discussion draft on effective capacity building
The Platform for Collaboration on Tax was set up by the IMF, OECD, UN and World Bank at the request of the G20 group of countries to recommend mechanisms to ensure effective implementation of technical assistance programs. The February 2016 meeting
See MoreOECD: Kyoto meeting takes forward the new inclusive framework for tackling BEPS
An initial meeting was held in Kyoto on 30 June and 1 July 2016 to take forward the new inclusive framework for tackling base erosion and profit shifting (BEPS). Delegates representing more than 80 countries at various stages of development
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