OECD releases guidance on ring-fencing mining income
The practice note explains the concept of ring-fencing in mining, its benefits, design options, and implementation challenges, drawing on international experiences to guide effective tax policy and administration. The OECD has released a new
See More
OECD expands qualified status central record with 16 new jurisdictions for global minimum tax compliance
The new 16 jurisdictions are Brazil, Gibraltar, Indonesia, Isle of Man, Japan, Jersey, Malaysia, New Zealand, North Macedonia, Poland, Portugal, Singapore, South Africa, Switzerland, Thailand, and the UAE. The OECD/G20 Inclusive Framework on
See More
OECD endorses Brazil’s additional CSLL under Pillar Two as a QDMTT
The OECD has recognised Brazil’s additional social contribution on net profits (CSLL) as a qualified domestic minimum top-up tax (QDMTT) meeting the safe harbour criteria. The OECD officially recognised Brazil’s additional social
See More
OECD updates rules on QIIR and QDMTT safe harbours
The OECD updated its central record of legislation, incorporating transitional qualified status, qualified income inclusion rules, qualified domestic minimum top-up tax rules, and QDMTT safe harbours. The OECD has updated its Central Record of
See More
OECD releases Pillar Two XML schema guide for tax administrations
The GloBE Information Return XML Schema facilitates the automatic exchange of GIR data for implementing the Global Minimum Tax. The OECD published a user guide for tax administrations on the GloBE Information Return (Pillar Two) Status Message
See More
OECD publishes list of 14 countries to the GIR MCAA
The 14 countries include Austria, Belgium, Denmark, France, Ireland, Italy, Japan, Luxembourg, New Zealand, Portugal, the Slovak Republic, South Korea, Spain, and the UK. The OECD has released the list of 14 countries that have signed the
See More
OECD releases updated reporting formats for global minimum tax, CARF, issues new FAQs on CARF, CRS
The OECD has released XML Schemas and User Guides to facilitate reporting and information exchange under the Global Minimum Tax and CARF. As part of ongoing efforts to enhance tax transparency and improve international tax compliance, the OECD
See More
OECD updates signatories list for MCAA-CbC as of July 2025
The last updated list of signatories for MCAA-CbC was released in April 2025. The Organisation for Economic Cooperation and Development (OECD) released an updated list of signatories, along with their signing dates, for the Multilateral
See More
OECD publishes peer review reports on tax information exchange for Honduras, Madagascar, Mongolia, Oman, Trinidad and Tobago
The reports were approved by the Global Forum's dedicated Peer Review and Monitoring Group in June 2025 and subsequently adopted by the Global Forum members. The OECD has published new peer review reports on tax information exchange for Honduras,
See More
OECD reports to G20 on tax transparency and global minimum tax
The OECD has released the Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors, and Taking Stock of Progress on Transparency and Exchange of Information for Tax Purpose,s ahead of the G20 meeting held from 17 to 18 July
See More
OECD highlights progress and burden reduction on BEPS standards
The OECD/G20 Inclusive Framework report endorsed practical adjustments to ease the BEPS minimum standards' administrative burdens. RegFollower Desk The OECD reported on 4 July 2025 that the members of the OECD/G20 Inclusive Framework has
See More
OECD reports growing tax support needs in developing nations
The report highlighted that developing countries are prioritising domestic revenue generation, driving higher demand for tax support and expanded OECD activities. The OECD has published the "Tax Co-operation for Development: Progress Report on
See More
OECD: VAT receipts boost tax revenue in Asia-Pacific
The report states that tax revenues in the Asia-Pacific rose for a third straight year in 2023 due to higher VAT receipts. The OECD has released the Revenue Statistics in Asia and the Pacific 2025 report on 8 July 2025, which reveals that tax
See More
OECD consults on copper transfer pricing framework
Comments are due by 5 September 2025. The OECD has initiated a public consultation on a transfer pricing framework for copper on 10 July 2025. The comment submission deadline is set for 5 September 2025. Determining the Price of Minerals: A
See More
Italy signs DPI MCAA for automatic exchange of digital platform income data
A total of 31 jurisdictions have signed the DPI MCAA as of 3 July 2025. Italy has signed the Multilateral Competent Authority Agreement on Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI MCAA) under the OECD
See More
OECD urges Iceland to reform its fiscal framework
The OECD report recommends that Iceland reform its fiscal framework to enhance sustainability and reduce economic volatility. The Organisation for Economic Co-operation and Development (OECD) has published a report on 26 June 2025, advising
See More
OECD releases new BEPS Action 14 MAP peer review results as of June 2025
The OECD's 36 new peer review results under BEPS Action 14, released on 26 June 2025, showcase progress in enhancing treaty-related dispute resolution through the MAP by Inclusive Framework members. The OECD released 36 new peer review results
See More
OECD responds to G7 statement on US exemption from global minimum tax
The G7's side-by-side arrangement aims to limit corporate tax competition, protect government tax bases, and provide businesses with stable, predictable international tax frameworks. The OECD Secretary-General issued a statement on 28 June 2025
See More