WTO, OECD and UNCTAD paper on Global Value Chains presented to G20
A joint report by the WTO, OECD and UNCTAD entitled “Implications of global value chains for trade, investment, development and jobs” dated 6 August 2013 was presented to the G20 meeting of September 2013. The report is a result of research into
See MoreOECD: Tax policy developments after the financial crisis
A new OECD working paper entitled “The Tax Policy Landscape Five Years after the Crisis” published on 9 September 2013 looks at developments in tax policy in the five years since the financial crisis. The paper points out that in 2008 and 2009
See MoreOECD reports to G20 on tax matters
The OECD Secretary General submitted a report on tax issues to the G20 meeting on 5 and 6 September 2013. The first part of the report relates to progress made by the Global Forum on Transparency and Exchange of Information for Tax Purposes; and the
See MoreChina: OECD publishes working paper on China’s tax policy
An OECD working paper titled “Tax policy and tax reform in the People’s Republic of China” was published on 9 September 2013. The paper makes a comparison between OECD tax policies and those in China and looks at the ratio of tax to GDP and
See MoreKenya: The Revenue Authority adduces “force of attraction” rule
Kenya’s tax treaties generally follow the provisions of the OECD Model Tax Convention. However despite the expectation under the OECD Model that only profits acquire or accumulate from Kenya and attributable to the permanent establishment should
See MoreMexican Tax Authority increases focus on auditing supply chain structures
Recent developments within the Mexican Tax Administration Services (SAT) demonstrate an increased focus on auditing supply chain restructurings. This is in line with international trends in transfer pricing, for example the report on business
See MoreOECD: Mutual agreement procedure statistics
Each year the OECD makes available statistics on the mutual agreement procedure (MAP) cases in member countries and in some other partner economies that make these statistics available. The statistics for the 2012 reporting periods have now been
See MoreOECD issues a report on managing service demand
The OECD’s Forum on Tax Administration has published a report on Managing Service Demand. This document sets out guidance for tax administrations on providing services for taxpayers, looking at how limited resources may be directed to service
See MoreOECD issues report on cooperative tax compliance
The OECD’s Form on Tax Administration has issued a report called “Cooperative Compliance: A Framework” setting out the progress made by various countries in implementing a cooperative approach to tax compliance and setting out the next steps
See MoreOECD: New reports by Global Forum on Tax Transparency
The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has recently issued reports resulting from peer reviews of the tax systems of a number of jurisdictions. Thirteen jurisdictions were reviewed and assessed in
See MoreOECD releases white paper on transfer pricing documentation
In its action plan for combating base erosion and profit shifting the OECD made a commitment to developing recommendations on transfer pricing documentation rules. The aim would be to increase the level of transparency of transfer pricing
See MoreOECD issues a revised discussion draft on intangibles
For some time the OECD has been conducting a project on transfer pricing aspects of intangible assets including consideration of the definition and valuation of such assets. A discussion draft was issued on 6 June 2012 and followed up by a
See MoreOECD releases action plan on base erosion and profit shifting
Further to the previous work by the OECD in respect of base erosion and profit shifting and the consideration of this work by the G8 group of countries, the OECD has now produced an action plan of measures to combat the shifting of profits across
See MoreOECD: Treatment of termination payments in tax treaties
A discussion document on the treatment of termination payments in tax treaties was issued by the OECD on 25 June 2013. The document discusses various categories of payment made to employees on or after the termination of their employment and
See MoreOECD report on automatic information exchange
Following an emphasis on information exchange on request and the commencement of peer reviews by the OECD Global Forum on Tax Transparency and Information Exchange, the exchange of tax information is being taken to a further level with the
See MoreOECD: Revised Section E on Safe Harbours
The Organisation for Economic Co-operation and Development (OECD) Council approved the Revised Section E on safe Harbours in Chapter IV of the Transfer Pricing Guidelines, on 16th May 2013. The Revised Section E (Section E) contains only nine pages,
See MoreOECD: Draft Handbook on Transfer Pricing Risk Assessment
The Steering Committee of the OECD Global Forum on Transfer Pricing undertook a project on transfer pricing risk assessment in November 2011. The objective of that project was to produce a practical handbook for providing clear and detailed steps
See MoreOECD report on Tax Administration for 2013
The document Tax Administration 2013 has been issued by the OECD Centre for Tax Policy and Administration. This report includes statistics on tax administration from 52 tax administrations covering advanced and emerging economies. The document is
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