ida Peru expands its capacity to fight international offshore tax avoidance and evasion By www.oecd.org Published On :: Wed, 25 Oct 2017 20:00:00 GMT Today, in Lima (Peru), Claudia María Amelia Teresa Cooper Fort, Minister of Economy and Finance of Peru, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the Deputy Director of the OECD's Centre for Tax Policy and Administration, Grace Perez-Navarro. The Republic of Peru is the 114th jurisdiction to join the Convention, and the 12th Latin American jurisdiction to do so. Full Article
ida Qatar expands its capacity to fight international offshore tax avoidance and evasion By www.oecd.org Published On :: Fri, 10 Nov 2017 10:00:00 GMT Today, in at the OECD Headquarters in Paris, His Excellency Khalid Bin Rashid Al-Mansouri, Ambassador of the State of Qatar to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the Deputy Secretary-General Masamichi Kono. Full Article
ida OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13) By www.oecd.org Published On :: Thu, 30 Nov 2017 12:00:00 GMT The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13). Full Article
ida OECD seeks input on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures By www.oecd.org Published On :: Mon, 11 Dec 2017 11:00:00 GMT Today the OECD is releasing a consultation document seeking stakeholder input on model mandatory disclosure rules. The model rules target promoters and service providers with a material involvement in the design, marketing or implementation of a CRS avoidance arrangements or offshore structure. They would require such intermediaries to disclose information on the scheme to their local tax authority. Full Article
ida The Bahamas takes strong steps forward to join international efforts against tax evasion and avoidance By www.oecd.org Published On :: Fri, 15 Dec 2017 16:15:00 GMT Today, at the OECD Headquarters in Paris, The Hon. Kevin Peter Turnquest, Deputy Prime Minister and Minister of Finance of the Bahamas signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (“the Convention”) in the presence of OECD Secretary General Angel Gurria. Full Article
ida Public comments received on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures By www.oecd.org Published On :: Thu, 18 Jan 2018 17:00:00 GMT On 11 December 2017, interested parties were invited to provide comments on a discussion draft on model mandatory disclosure rules. The model rules are intended to target promoters and service providers with a material involvement in the design, marketing or implementation of CRS avoidance arrangements or offshore structures. Full Article
ida Game over for CRS avoidance! OECD adopts tax disclosure rules for advisors By www.oecd.org Published On :: Fri, 09 Mar 2018 11:00:00 GMT Today, the OECD has issued new model disclosure rules that require lawyers, accountants, financial advisors, banks and other service providers to inform tax authorities of any schemes they put in place for their clients to avoid reporting under the OECD/G20 Common Reporting Standard (CRS) or prevent the identification of the beneficial owners of entities or trusts. Full Article
ida OECD releases additional guidance on the attribution of profits to a permanent establishment under BEPS Action 7 By www.oecd.org Published On :: Thu, 22 Mar 2018 11:00:00 GMT The additional guidance resulting sets out high-level general principles, which countries agree are relevant and applicable in attributing profits to PEs in accordance with applicable treaty provisions. It also provides examples on the attribution of profits to certain types of PEs arising from the changes to the PE definition under BEPS Action 7. Full Article
ida Paraguay joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Tue, 29 May 2018 12:00:00 GMT Paraguay signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 119th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion. Full Article
ida OECD releases new guidance on the application of the approach to hard-to-value intangibles and the transactional profit split method under BEPS Actions 8-10 By www.oecd.org Published On :: Thu, 21 Jun 2018 16:00:00 GMT Today, the OECD released two reports containing Guidance for Tax Administrations on the Application of the Approach to Hard-to-Value Intangibles under BEPS Action 8; and Revised Guidance on the Application of the Transactional Profit Split Method under BEPS Action 10. Full Article
ida Antigua and Barbuda becomes the 125th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Fri, 27 Jul 2018 17:00:00 GMT Antigua and Barbuda today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. It is the 125th jurisdiction to join the Convention. Full Article
ida OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13) By www.oecd.org Published On :: Thu, 13 Sep 2018 16:00:00 GMT The Inclusive Framework on BEPS has released additional interpretative guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13). Full Article
ida OECD clamps down on CRS avoidance through residence and citizenship by investment schemes By www.oecd.org Published On :: Tue, 16 Oct 2018 11:00:00 GMT As part of its work to preserve the integrity of the CRS, the OECD has published the results of its analysis of over 100 CBI/RBI schemes offered by CRS-committed jurisdictions, identifying those schemes that potentially pose a high-risk to the integrity of CRS. Full Article
ida Ecuador joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Mon, 29 Oct 2018 15:00:00 GMT Ecuador today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 126th jurisdiction to join the world’s leading instrument for boosting transparency and combating cross-border tax evasion. The Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) was also signed. Full Article
ida OECD releases guidance on Synthesised texts for providing clarity on the impact of the Multilateral Instrument By www.oecd.org Published On :: Wed, 14 Nov 2018 11:00:00 GMT This new guidance presents a clear overview of the modifications to tax treaties resulting from the Multilateral BEPS Convention which entered into force on 1 July 2018. A Secretariat note, also released today, clarifies the entry into effect rules for tax treaties of jurisdictions that deposited their ratification instruments last September. Full Article
ida Mauritania joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Tue, 12 Feb 2019 15:30:00 GMT Today, at the OECD Headquarters in Paris, H.E. Aichetou Mint M’Haiham, Ambassador of Mauritania to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. Mauritania is the 127th jurisdiction to join the Convention. Full Article
ida Dominica joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Thu, 25 Apr 2019 15:00:00 GMT Today, at the OECD Headquarters in Paris, H.E. Sharlene Shillingford-McKlmon, Ambassador of Dominica to the European Union, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention). Dominica is the 128th jurisdiction to join the Convention. Full Article
ida Serbia joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Thu, 13 Jun 2019 10:00:00 GMT Today, at the OECD Headquarters in Paris, Slavica Savicic, State Secretary for Finance of the Republic of Serbia, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Jeffrey Schlagenhauf. Serbia is the 129th jurisdiction to join the Convention. Full Article
ida Montenegro joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Thu, 03 Oct 2019 11:00:00 GMT Today, at the OECD Headquarters in Paris, Biljana Peranović, Director General of the Directorate for Tax and Customs of Montenegro, signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Director of Legal Affairs, Nicola Bonucci. Montenegro is the 130th jurisdiction to join the Convention. Full Article
ida OECD releases guidance on the spontaneous exchange by no or only nominal tax jurisdictions By www.oecd.org Published On :: Thu, 31 Oct 2019 15:00:00 GMT As part of BEPS Action 5 to curb harmful tax practices, jurisdictions may only maintain preferential regimes if certain "substantial activities" requirements are met. In order to ensure a level playing field, these requirements must also apply to jurisdictions with zero or only nominal tax rates. Full Article
ida OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting By www.oecd.org Published On :: Tue, 05 Nov 2019 16:00:00 GMT The OECD/G20 Inclusive Framework on BEPS has released additional interpretative guidance to give greater certainty to tax administrations and MNE Groups on the implementation and operation of Country-by-Country (CbC) Reporting (BEPS Action 13). Full Article
ida Armenia and Italy agree on OECD/UNDP Tax Inspectors Without Borders partnership to combat international tax avoidance and evasion By www.oecd.org Published On :: Mon, 25 Nov 2019 17:30:00 GMT A signing ceremony between the Italian Revenue Agency (Agenzia delle Entrate) and the State Revenue Committee of Armenia took place at the OECD today, establishing work plans for two assistance programmes initiated through Tax Inspectors Without Borders (TIWB) – a joint OECD/UNDP capacity building initiative. Full Article
ida Benin, Bosnia and Herzegovina, Cabo Verde, Mongolia and Oman join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Wed, 27 Nov 2019 15:00:00 GMT On the occasion of the 10th Plenary Meeting of the Global Forum a further five countries signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, therewith bringing the total number of participating in the Convention to 135. Full Article
ida OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting By www.oecd.org Published On :: Mon, 23 Dec 2019 11:30:00 GMT The Inclusive Framework on BEPS has released additional interpretative guidance to give greater certainty to tax administrations and MNE Groups on the implementation and operation of Country-by-Country Reporting (BEPS Action 13). Full Article
ida Togo joins international efforts against tax evasion and avoidance By www.oecd.org Published On :: Thu, 30 Jan 2020 16:30:00 GMT Today, at the OECD Headquarters in Paris, Calixte Batossie Madjoulba, Ambassador of Togo in France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. Togo is the 136th jurisdiction to join the Convention. Full Article
ida OECD releases Transfer Pricing Guidance on Financial Transactions By www.oecd.org Published On :: Tue, 11 Feb 2020 16:00:00 GMT The report is significant because it is the first time the OECD Transfer Pricing Guidelines include guidance on the transfer pricing aspects of financial transactions, which will contribute to consistency in the interpretation of the arm’s length principle and help avoid transfer pricing disputes and double taxation. Full Article
ida Gold Supplement to the OECD Due Diligence Guidance By www.oecd.org Published On :: Wed, 18 Jul 2012 00:00:00 GMT This guidance addresses the unique due diligence challenges posed by gold, such as its intrinsic high-value and fungible nature, the non-linear structure of its supply chain, and its multiple downstream uses. Full Article
ida Public consultation on the FAO-OECD guidance for responsible agricultural supply chains By www.oecd.org Published On :: Fri, 20 Feb 2015 16:41:00 GMT This public consultation was held to gather comments on the draft FAO-OECD guidance for responsible agricultural supply chains which is designed to help enterprises observe standards of responsible business conduct along their agricultural supply chains. The deadline for comment was 20 February 2015. Full Article
ida Public consultation on the OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector By www.oecd.org Published On :: Fri, 24 Apr 2015 14:38:00 GMT This public consultation is being held to gather comments on the draft OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractives Sector which provides practical guidance to mining, oil and gas enterprises in addressing the challenges related to stakeholder engagement. The deadline for comment is 5 June 2015. Full Article
ida Launch of the OECD-FAO Guidance for Responsible Agricultural Supply Chains By www.oecd.org Published On :: Fri, 11 Mar 2016 09:14:00 GMT 11 March, Paris, France: This high-level launch event included a panel discussion that addressed the potential impacts of companies operating in agricultural supply chains on human, labour and tenure rights. Full Article
ida New OECD guidance aims to reduce corruption in aid sector By www.oecd.org Published On :: Fri, 09 Dec 2016 14:23:00 GMT New international guidance on fighting corruption in the development sector goes into effect today, backed by more than 40 countries, with progress on agreed recommendations to be monitored by the OECD Working Group on Bribery. Full Article
ida OECD and IBA join forces to develop practice guidance to equip lawyers in fight against corruption By www.oecd.org Published On :: Wed, 14 Dec 2016 00:01:00 GMT Following on from the London Anti-Corruption Summit which took place in May 2016, the OECD and the International Bar Association (IBA) have agreed to form a task force to develop professional conduct standards and practice guidance for lawyers involved in establishing and advising on international commercial structures and recommended actions for governments. Full Article
ida New OECD due diligence guidance targets the garment and footwear sector By www.oecd.org Published On :: Wed, 08 Feb 2017 09:13:00 GMT 8/2/2017 - The OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector will help enterprises to identify and prevent potential negative impacts related to human rights, labour, the environment and corruption in garment and footwear supply chains worldwide. Full Article
ida Public Consultation: Due Diligence Guidance for Responsible Business Conduct By www.oecd.org Published On :: Mon, 04 Dec 2017 10:24:00 GMT The OECD is developing a general Due Diligence Guidance for Responsible Business Conduct to provide practical support to companies on the implementation of the OECD Guidelines for Multinational Enterprises. The Due Diligence Guidance contains plain language explanations of the due diligence recommendations and associated provisions in the OECD Guidelines and can be used by companies in any sector of the economy. Full Article
ida Call for candidates: OECD Working Party on Responsible Business Conduct seeks a new Chair By www.oecd.org Published On :: Thu, 29 Mar 2018 16:54:00 GMT 29/03/2018 - The OECD Working Party on Responsible Business Conduct is seeking candidates for a new Chairs to assist in implementing and promoting the OECD Guidelines for Multinational Enterprises. Full Article
ida Alignment assessment of industry programmes with the OECD minerals guidance By www.oecd.org Published On :: Tue, 17 Apr 2018 12:47:00 GMT The OECD Due Diligence Guidance is being used as the basis and benchmark by many industry initiatives created to ensure the responsible sourcing of minerals. This report presents the findings of a pilot alignment assessment of five industry programmes against the recommendations of the OECD Guidance to gauge the coherence, effectiveness and credibility of these initiatives. Full Article
ida OECD launches Economic Survey of Australia Friday, 3 March 2017 By www.oecd.org Published On :: Tue, 28 Feb 2017 15:24:00 GMT The OECD’s latest Economic Survey of Australia, to be published at 00.01 am on Friday, 3 March 2017 AEDT (13.01, GMT; 14:01 Paris time Thursday), looks at Australia’s current macroeconomic situation, as well as the steps that can be taken to ensure stronger and more inclusive growth in the future. The Survey’s two in-depth chapters focus on innovation. Full Article
ida Women and Financial Education: Evidence, Policy Responses and Guidance By www.oecd.org Published On :: Wed, 16 Oct 2013 15:51:00 GMT This book addresses gender differences in financial literacy and reviews policy responses and initiatives across the world to tackle women’s and girls’ needs, drawing lessons from existing experiences. Full Article
ida G20-OECD Policy Guidance Financial Consumer Protection Approaches in the Digital Age By www.oecd.org Published On :: Tue, 24 Jul 2018 11:22:00 GMT The increasingly digital environment for financial products and services and the potential for digitalisation to support greater financial inclusion and inclusive growth, makes effective financial consumer protection more important than ever. This policy guidance focuses on areas related to the role of oversight bodies and disclosure and transparency. Full Article
ida G20-OECD INFE Policy Guidance Digitalisation and Financial Literacy By www.oecd.org Published On :: Tue, 24 Jul 2018 11:28:00 GMT The digitalisation of financial products and services, and the consequent need to strengthen digital financial literacy has become an important component of the global policy-making agenda. This guidance aims to identify and promote effective initiatives that enhance digital and financial literacy in light of the unique characteristics, advantages, and risks of digital financial services and channels. Full Article
ida The equity implications of fiscal consolidation By www.oecd.org Published On :: Wed, 16 Jan 2013 14:47:00 GMT In several OECD countries, ongoing fiscal consolidation might have a negative impact on the static income distribution. However, this conclusion should be treated only as an approximate first step in the analysis. Full Article
ida Choosing fiscal consolidation instruments compatible with growth and equity By www.oecd.org Published On :: Tue, 02 Jul 2013 17:15:00 GMT This study proposes a structured approach to selecting instruments of fiscal consolidation that are consistent with growth, equity and global-rebalancing objectives, which is then illustrated with a particular application. Full Article
ida OECD Economic Survey of Russia launches in Moscow at the Gaidar Forum on Wednesday 15 January 2014 By www.oecd.org Published On :: Fri, 20 Dec 2013 11:08:00 GMT The OECD will launch its latest Economic Survey of the Russian Federation in Moscow on Wednesday 15 January 2014 during the annual Gaidar Forum. Full Article
ida Tax reforms, more efficient public spending and better public governance, keys to consolidating Indonesia’s strong economic progress By www.oecd.org Published On :: Mon, 24 Oct 2016 09:00:00 GMT Indonesia has undergone an extraordinary transformation over the past two decades, benefiting from strong growth that has lifted millions out of poverty and allowed important progress in areas such as health and education. But low levels of public spending and tax revenue are undermining the quality of social services and exacerbating infrastructure gaps, according to the OECD. Full Article
ida Does everybody enjoy Pura Vida? Decomposing income inequality in Costa Rica By oecdecoscope.wordpress.com Published On :: Tue, 02 May 2017 11:30:00 GMT Despite strong economic growth, Costa Rica’s income inequality has increased in the past decade, in stark contrast with other Latin American countries. Full Article
ida Chile debería aprovechar el repunte económico para abordar la baja productividad y tomar medidas para reducir la alta desigualdad By www.oecd.org Published On :: Mon, 26 Feb 2018 14:30:00 GMT Las perspectivas de crecimiento favorable ofrecen a Chile una oportunidad para abordar sus bajos niveles de productividad comparados con los de otras economías desarrolladas, mejorar el acceso al empleo de calidad, y tomar medidas para reducir su desigualdad persistentemente alta, según un nuevo informe de la OCDE. Full Article
ida Agua en América Latina y el Caribe: Mejor gobernabilidad puede mejorar el acceso, dice la OCDE By www.oecd.org Published On :: Wed, 21 Nov 2012 15:24:00 GMT En países latinoamericanos, la población crece a un ritmo mayor que el promedio mundial, lo cual intensifica el uso de la tierra y aumenta la urbanización. La región también es propensa a los impactos negativos del cambio climático y de los desastres naturales. Full Article
ida OCDE lança Índice para uma Vida melhor no Brasil ao lado de Pelé e às vésperas do pontapé inicial da Copa do Mundo By www.oecd.org Published On :: Mon, 09 Jun 2014 14:00:00 GMT Hoje, a OCDE lança no Brasil, e na presença da lenda do futebol Pelé, o Índice para uma Vida Melhor totalmente em português. Este é o sexto idioma em que o site está disponível e a tradução permite que a OCDE alcance mais de 240 milhões de falantes de português ao redor do mundo. Full Article
ida América Latina: enfrentando o duplo desafio da desigualdade e baixa produtividade para melhorar a qualidade de vida By www.oecd.org Published On :: Tue, 19 Jan 2016 18:00:00 GMT A educação, a proteção social e o empreendedorismo estão entre as áreas em que são necessárias ações prioritárias para acelerar o crescimento e combater as desigualdades econômicas na América Latina, de acordo com a OCDE. Full Article
ida Um elevador social quebrado? Como promover a mobilidade social: Como o Brasil compara? By www.oecd.org Published On :: Fri, 15 Jun 2018 11:00:00 GMT Um elevador social quebrado? Como promover a mobilidade social: Como o Brasil compara? Full Article