ni New Beneficial Ownership Toolkit will help tax administrations tackle tax evasion more effectively By www.oecd.org Published On :: Wed, 20 Mar 2019 17:22:00 GMT This report “A Beneficial Ownership Implementation Toolkit” – contains policy considerations that Global Forum member jurisdictions can use in implementing the legal and supervisory frameworks to identify and collect beneficial ownership information, which is now a requirement of the international tax transparency standards. Full Article
ni Global tax community welcomes new measures to enlist online marketplaces in the collection of VAT/GST in e-commerce By www.oecd.org Published On :: Fri, 22 Mar 2019 18:00:00 GMT Meeting in Melbourne, Australia on 20-22 March 2019, around 300 participants attending the Global Forum on VAT, welcomed measures proposed in a new report by the OECD on The Role of Digital Platforms in the Collection of VAT/GST on Online Sales. The report includes new measures to make e-commerce marketplaces liable for the VAT/GST on sales made by online traders through their platforms. Full Article
ni Leading global tax administrations agree collective actions on tax certainty, co-operation and digital transformation By www.oecd.org Published On :: Thu, 28 Mar 2019 18:00:00 GMT The Forum on Tax Administration (FTA), the 53 leading global tax administrations, met in Chile on 26-28 March and agreed an ambitious agenda focused on tax certainty, enhanced tax co-operation and the collective challenges of digital transformation. Full Article
ni 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
ni Objectives and challenges in the implementation of a universal pension system in France By doi.org Published On :: Fri, 24 May 2019 09:00:00 GMT The mission of the French High Commission for Pension Reform is to prepare the reform introducing a universal pension points system in France. Full Article
ni Albania signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Tue, 28 May 2019 10:00:00 GMT Today, Albania signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 88th jurisdiction to join the Convention, which now covers almost 1,530 bilateral tax treaties. Full Article
ni United Arab Emirates deposits its instrument of ratification for the Multilateral BEPS Convention By www.oecd.org Published On :: Wed, 29 May 2019 10:00:00 GMT On 29 May 2019, the UAE deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (multilateral convention or MLI) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For the UAE, the MLI will enter into force on 1 September 2019. Full Article
ni International community agrees on a road map for resolving the tax challenges arising from digitalisation of the economy By www.oecd.org Published On :: Fri, 31 May 2019 12:00:00 GMT The international community has agreed on a road map for resolving the tax challenges arising from the digitalisation of the economy, and committed to continue working toward a consensus-based long-term solution by the end of 2020, the OECD announced today. Full Article
ni Implementation of tax transparency initiative delivering concrete and impressive results By www.oecd.org Published On :: Fri, 07 Jun 2019 08:00:00 GMT International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released today by the OECD. Full Article
ni OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Fukuoka, Japan) - June 2019 By www.oecd.org Published On :: Sat, 08 Jun 2019 02:00:00 GMT This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes. Full Article
ni OECD launches new handbook to strengthen tax administrations' capacity to support the fight against money laundering and terrorist financing By www.oecd.org Published On :: Thu, 13 Jun 2019 15:00:00 GMT The OECD is encouraging tax administrations around the globe to step up their efforts to support the fight against money laundering and terrorist financing with the launch of a handbook intended to raise the awareness of tax examiners, auditors, and investigators of the important role they can play in combatting these crimes. Full Article
ni OECD invites taxpayer input on ninth batch of dispute resolution peer reviews By www.oecd.org Published On :: Mon, 15 Jul 2019 11:00:00 GMT The OECD is now gathering input for the Stage 1 peer reviews of Andorra, Anguilla, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Faroe Islands, Macau (China), Morocco and Tunisia, and invites taxpayers to submit input on specific MAP-related issues by 12 August 2019. Full Article
ni Global Forum on tax transparency reveals new compliance ratings for nine jurisdictions By www.oecd.org Published On :: Tue, 30 Jul 2019 11:00:00 GMT The Global Forum on Transparency and Exchange of Information for Tax Purposes published today nine peer review reports assessing compliance with the international standard on transparency and exchange of information on request. Full Article
ni OECD releases first stage 2 monitoring reports for BEPS Action 14 on improving tax dispute resolution mechanisms By www.oecd.org Published On :: Tue, 13 Aug 2019 11:00:00 GMT The work on BEPS Action 14 continues with today’s publication of the first round of stage 2 peer review monitoring reports, which consists of monitoring the follow-up of any recommendations resulting from jurisdictions' stage 1 peer review reports. Full Article
ni Ecuador and Serbia deposit instruments of ratification for the multilateral Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Mon, 02 Sep 2019 18:22:00 GMT Ecuador and Serbia have deposited their instruments of ratification for the multilateral Convention on Mutual Administrative Assistance in Tax Matters therewith underlining their strong commitment to join international efforts against tax evasion and avoidance. The Convention will enter into force on 1 December 2019 for Ecuador and Serbia. Full Article
ni OECD Secretary-General Tax Report to G20 Finance Ministers - October 2019 By www.oecd.org Published On :: Wed, 09 Oct 2019 10:55:00 GMT This report by the OECD Secretary-General provides an overview of the progress made by the OECD/G20 Inclusive Framework on BEPS in addressing the tax challenges of digitalisation and a brief update on the work on tax transparency. Full Article
ni OECD invites public input on the Secretariat Proposal for a "Unified Approach" under Pillar One By www.oecd.org Published On :: Wed, 09 Oct 2019 10:59:00 GMT As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (the Inclusive Framework), the OECD is seeking public comments on a Secretariat Proposal for a "Unified Approach" under Pillar One. Full Article
ni OECD releases sixth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms By www.oecd.org Published On :: Thu, 24 Oct 2019 11:00:00 GMT The work on BEPS Action 14 continues with today's publication of the sixth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project. Full Article
ni Bosnia and Herzegovina signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Wed, 30 Oct 2019 12:00:00 GMT Today, Bosnia and Herzegovina signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 90th jurisdiction to join the Convention, which now covers over 1 600 bilateral tax treaties. Full Article
ni 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
ni Public comments received on the Secretariat Proposal for a "Unified Approach" under Pillar One By www.oecd.org Published On :: Fri, 15 Nov 2019 17:00:00 GMT On 9 October 2019, interested parties were invited to provide comments on a number of policy issues and technical aspects in respect to the Secretariat Proposal for a "Unified Approach" under Pillar One. The OECD is grateful to the commentators for their input and now publishes the public comments received. Full Article
ni Public consultation meeting on the Secretariat Proposal for a 'Unified Approach' under Pillar One By www.oecd.org Published On :: Thu, 21 Nov 2019 09:00:00 GMT As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD is seeking public comments on a Secretariat Proposal for a “Unified Approach” under Pillar One. This public consultation meeting will focus on the key questions identified in the consultation document and issues raised in the written submissions received as part of the consultation process. Full Article
ni 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
ni 10th Anniversary Meeting of the Global Forum By www.oecd.org Published On :: Tue, 26 Nov 2019 10:47:00 GMT This year the Global Forum marked its 10th anniversary and provide an opportunity to take stock of the progress made. The first day of the plenary (26 November), which was open to the media and invited honorary guests, focused on the issues of the utility, relevance and global impact of tax transparency. Full Article
ni International community has achieved unprecedented success fighting offshore tax evasion By www.oecd.org Published On :: Tue, 26 Nov 2019 12:45:00 GMT On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in Paris will bring together more than 500 delegates from 131 member jurisdictions for renewed discussions on efforts to advance the tax transparency agenda. Full Article
ni 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
ni Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States By www.oecd.org Published On :: Wed, 04 Dec 2019 20:03:00 GMT Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States Full Article
ni Brazil identifies a clear pathway for aligning its transfer pricing framework with the OECD standard By www.oecd.org Published On :: Wed, 18 Dec 2019 13:00:00 GMT Brazil has identified a clear pathway for bringing its existing transfer pricing framework into alignment with the international consensus, and is weighing two options – immediate or gradual implementation, according to a new joint report by the OECD and Receita Federal, Brazil’s federal revenue authority (RFB). Full Article
ni BEPS Action 5 minimum standard: Transparency on tax rulings continues to increase By www.oecd.org Published On :: Mon, 23 Dec 2019 11:00:00 GMT As part of continuing efforts to address BEPS concerns, the Inclusive Framework on BEPS has now assessed 112 jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package. Full Article
ni 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
ni New OECD self-assessment tool to help tax administrations tackle tax debt and reduce administrative burdens By www.oecd.org Published On :: Mon, 23 Dec 2019 12:00:00 GMT The OECD today published two self-assessment maturity models on tax debt management and the reduction of compliance burdens, both critical areas for successful tax administration. Maturity models set out descriptions of capabilities and performance in a particular function or set of activities across a number of levels of increasing maturity, in the case of these models from an emerging to an aspirational level. Full Article
ni North Macedonia signs landmark agreement to strengthen its tax treaties By www.oecd.org Published On :: Wed, 29 Jan 2020 10:00:00 GMT North Macedonia has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 94th jurisdiction to join the Convention, which now covers over 1,650 bilateral tax treaties. Full Article
ni International community renews commitment to multilateral efforts to address tax challenges from digitalisation of the economy By www.oecd.org Published On :: Fri, 31 Jan 2020 10:00:00 GMT The international community reaffirmed its commitment to reach a consensus-based long-term solution to the tax challenges arising from the digitalisation of the economy, and will continue working toward an agreement by the end of 2020, according to the Statement by the Inclusive Framework on BEPS released by the OECD today. Full Article
ni Global Forum and Asian Development Bank delivered a training in Georgia on the implementation of the international tax transparency standards By www.oecd.org Published On :: Thu, 13 Feb 2020 13:00:00 GMT The Global Forum and the Asian Development Bank held a joint training event on the Exchange of Information on Request Peer Reviews and Implementation of the Automatic Exchange of Information Standard from 17 January to 31 January 2020 in Tbilisi, Georgia. Full Article
ni OECD presents analysis showing significant impact of proposed international tax reforms By www.oecd.org Published On :: Thu, 13 Feb 2020 15:00:00 GMT New economic analysis shows that a proposed solution to the tax challenges arising from the digitalisation of the economy under negotiation at the OECD would have a significant positive impact on global tax revenues. Full Article
ni OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Riyadh, Saudi Arabia) - February 2020 By www.oecd.org Published On :: Fri, 14 Feb 2020 11:00:00 GMT Part I reports on the activities in the OECD's international tax agenda, in particular the progress made in addressing the tax challenges arising from the digitalisation of the economy. It also provides an update on G20 tax deliverables including tax transparency, implementation of BEPS measures & capacity building to support developing countries. Part II reports on the activities of the Global Forum. Full Article
ni The Global Forum and Italy support Albania in the implementation of automatic exchange of tax information By www.oecd.org Published On :: Wed, 26 Feb 2020 15:27:00 GMT The Global Forum and the Italian Revenue Agency carried out an onsite visit in Tirana to assist Albania with the implementation of the international standard of automatic exchange of financial account information (AEOI). Full Article
ni Public comments received on the 2020 Review of Country-by-Country Reporting (BEPS Action 13 Minimum Standard) By www.oecd.org Published On :: Mon, 09 Mar 2020 11:00:00 GMT On 6 Feburary 2020, interested parties were invited to provide comments on the Review of the BEPS Action 13 minimum standard. The OECD is grateful to the commentators for their input and now publishes the public comments received. Full Article
ni Tax administration responses to Covid-19: support for taxpayers By oecd.dam-broadcast.com Published On :: Fri, 20 Mar 2020 18:00:00 GMT These suggestions are not recommendations but are intended to assist administrations globally in their consideration of appropriate measures in their own national contexts to help taxpayers during this difficult period. Full Article
ni Tackling the coronavirus: OECD Forum on Tax Administration publishes actions that tax administrations are currently taking to support taxpayers By www.oecd.org Published On :: Tue, 31 Mar 2020 10:00:00 GMT In the light of the worsening global impacts of Covid-19 on individual taxpayers, businesses and the wider economy, the OECD Forum on Tax Administration (FTA) has today published a global reference document setting out actions that FTA tax administrations are currently taking to support taxpayers. Full Article
ni Platform for Collaboration on Tax: International organisations move to help developing countries improve tax systems By www.oecd.org Published On :: Tue, 31 Mar 2020 16:00:00 GMT The world's four leading multilateral organisations working in the tax area have established their first integrated website containing information on how low- and middle-income countries can strengthen tax systems and mobilise the domestic revenue they need to address some of their urgent development challenges—including the COVID-19 pandemic. Full Article
ni Tackling the coronavirus: OECD Forum on Tax Administration publishes advice on business continuity considerations for tax administrations By www.oecd.org Published On :: Tue, 07 Apr 2020 11:00:00 GMT The OECD Forum on Tax Administration (FTA), in collaboration with the Intra-European Organisation of Tax Administrations (IOTA) and the Inter-American Center of Tax Administrations (CIAT), has today published a reference document on critical business continuity considerations for tax administrations in the context of the COVID-19 pandemic. Full Article
ni The COVID-19 crisis creates an opportunity to step up digitalisation among subnational governments By oecdecoscope.blog Published On :: Mon, 20 Apr 2020 13:00:00 GMT Recent decades have seen rapid growth of advanced digital technologies, including high-speed computing, big data, artificial intelligence, the internet-of-things and blockchain. This “digital revolution” creates significant opportunities for all levels of government to improve the delivery of public goods and services, and to raise more and better revenue. Full Article
ni Canada Exports Electronic And Electrical Equipment And Parts By tradingeconomics.com Published On :: Sat, 09 May 2020 11:21:00 GMT Exports (Bop) - Electronic And Electrical Equipment And Parts in Canada decreased to 2272.70 CAD Million in March from 2368.50 CAD Million in February of 2020. Exports (Bop) - Electronic And Electrical Equipmen in Canada averaged 2092.25 CAD Million from 1988 until 2020, reaching an all time high of 4326.50 CAD Million in October of 2000 and a record low of 576.50 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Electronic And Electrical Equi. Full Article
ni Canada Exports of Electronic and Electrical Parts By tradingeconomics.com Published On :: Sat, 09 May 2020 11:21:00 GMT Exports of (bop) - Electronic and Electrical Parts in Canada decreased to 602.60 CAD Million in March from 603 CAD Million in February of 2020. Exports of (bop) - Electronic and Electrical Parts in Canada averaged 709.30 CAD Million from 1988 until 2020, reaching an all time high of 1683.80 CAD Million in December of 2000 and a record low of 218.20 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Electronic And Electrical Parts. Full Article
ni Canada Exports of Furniture and Fixtures By tradingeconomics.com Published On :: Sat, 09 May 2020 11:21:00 GMT Exports of (bop) - Furniture and Fixtures in Canada decreased to 518.20 CAD Million in March from 612.30 CAD Million in February of 2020. Exports of (bop) - Furniture and Fixtures in Canada averaged 393.04 CAD Million from 1988 until 2020, reaching an all time high of 692.20 CAD Million in April of 2017 and a record low of 87.60 CAD Million in January of 1992. This page includes a chart with historical data for Canada Exports of (bop) - Furniture And Fixtures. Full Article
ni Canada Exports of Live Animals By tradingeconomics.com Published On :: Sat, 09 May 2020 11:21:00 GMT Exports of (bop) - Live Animals in Canada decreased to 159.40 CAD Million in March from 168.10 CAD Million in February of 2020. Exports of (bop) - Live Animals in Canada averaged 140.56 CAD Million from 1988 until 2020, reaching an all time high of 294 CAD Million in November of 2014 and a record low of 35.50 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Live Animals. Full Article
ni Canada Exports Logging, Mining&Construction Machinery&Equipment By tradingeconomics.com Published On :: Sat, 09 May 2020 11:21:00 GMT Exports (Bop) - Logging, Mining&Construction Machinery&Equipment in Canada decreased to 161.90 CAD Million in March from 182.40 CAD Million in February of 2020. Exports (Bop) - Logging, Mining&Construction Machi in Canada averaged 110.67 CAD Million from 1988 until 2020, reaching an all time high of 200 CAD Million in June of 2018 and a record low of 26 CAD Million in January of 1992. This page includes a chart with historical data for Canada Exports of (bop) - Logging, Mining&construction M. Full Article
ni Canada Exports Carpets, Textile Furnishings&Textile Products By tradingeconomics.com Published On :: Sat, 09 May 2020 11:21:00 GMT Exports (Bop) - Carpets, Textile Furnishings&Textile Products in Canada decreased to 97.10 CAD Million in March from 97.20 CAD Million in February of 2020. Exports (Bop) - Carpets, Textile Furnishings&Texti in Canada averaged 66.75 CAD Million from 1988 until 2020, reaching an all time high of 122 CAD Million in May of 2017 and a record low of 15.90 CAD Million in December of 1990. This page includes a chart with historical data for Canada Exports of (bop) - Carpets, Textile Furnishings&t. Full Article
ni Canada Exports of Cleaning Products and Toiletri By tradingeconomics.com Published On :: Sat, 09 May 2020 11:21:00 GMT Exports of (bop) - Cleaning Products and Toiletri in Canada decreased to 310.10 CAD Million in March from 320.70 CAD Million in February of 2020. Exports of (bop) - Cleaning Products and Toiletri in Canada averaged 143.42 CAD Million from 1988 until 2020, reaching an all time high of 341 CAD Million in August of 2019 and a record low of 12.40 CAD Million in February of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Cleaning Products And Toiletri. Full Article