OECD: comments published on artificial avoidance of PE
The OECD has published on its website the comments received following a request made in October 2013 on strategies that could result in the artificial avoidance of permanent establishment status. The request is part of the OECD’s work for the G20
See MoreOECD: Comments published on digital economy taxation issues
The OECD has published on its website the comments received following a request made on 22 December 2013 on tax issues arising from the digital economy. Comments have been made from a wide range of accounting and law firms, and also by
See MoreHungary Signs OECD Multilateral Tax Assistance Treaty
Hungary has become the 61st jurisdiction to sign the Organization for Economic Cooperation and Development’s multilateral treaty on multilateral tax assistance. This can be considered as a step of Hungary to its fight against cross-border tax
See MoreOECD publishes paper on tax crime in the fishing sector
A report prepared by the OECD Task Force on Tax Crimes and Other Crimes entitled “Evading the net: tax crime in the fisheries sector” has been published by the OECD. The report points out that the fisheries sector is a very large global industry
See MoreOECD consults on transfer pricing issues
The OECD held a public discussion on transfer pricing issues in Paris on 12 and 13 November 2013. The participants were representatives of the business world, academic institutions, non-governmental organizations, the media and the public. The
See MoreOECD publishes bribery and corruption awareness handbook for tax examiners
The published a Recommendation on cooperation between tax and other law enforcement bodies to deal with serious crimes in 2010. Under this recommendation countries were expected to ensure that effective legal frameworks were implemented to
See MoreOECD – Request for submissions on PE-status avoidance strategies (BEPS)
The organization for Economic Co-operation and Development (OECD) issued a request on 22 October 2013 for submissions of a “short description of strategies” that might be considered to result in the artificial avoidance of permanent
See MoreNew Zealand Tax Department Backs OECD BEPS Plan
New Zealand's Inland Revenue Department (IRD) has released a report that strongly endorses the measures drawn up by the Organization for Economic Cooperation and Development (OECD) for tackling base erosion and profit shifting. The OECD action plan
See MoreChile: OECD convention for Mutual tax assistance has been signed
The Organization for Economic Co-operation and Development (OECD) announced that on October 24, 2013 Chile, as the 59th country, signed the OECD's agreement for mutual administrative assistance in tax. This agreement is being considered as an
See MoreOECD publishes comments received on intangibles
The OECD has published on its website the comments received by interested parties on its revised discussion draft on transfer pricing aspects of intangibles. The input received from more than sixty commentators will be discussed by the OECD’s
See MoreOECD publishes comments on white paper on transfer pricing documentation
The OECD has published comments received on the White Paper on transfer pricing documentation issued on 30 July 2013. The comments received from more than forty commentators are to be discussed by Working Party No. 6 of the OECD’s Committee on
See MoreOECD consults developing countries on base erosion and profit shifting
A meeting of more than 300 tax officials from the tax administrations of more than 100 countries and organizations was hosted by the OECD in Paris on 26 September 2013. The participants in the meeting discussed the ways in which developing
See MoreOECD: Engaging and involving SME taxpayers
The OECD recently published a paper entitled “Together for Better Outcomes” dealing with the issue of how to involve and engage small and medium enterprise (SME) taxpayers and other stakeholders in the tax compliance process. This study was
See MoreWTO, 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
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