is OECD welcomes the European Commission Initiative on Tax Transparency By www.oecd.org Published On :: Wed, 18 Mar 2015 18:40:00 GMT The OECD Secretary-General Gurría welcomed the announcement and congratulated the Commission for the work done. "The European Commission’s initiative is another major step to tackle corporate tax avoidance. Full Article
is Release of a discussion draft on BEPS Action 12 (Mandatory Disclosure Rules) By www.oecd.org Published On :: Tue, 31 Mar 2015 12:00:00 GMT Public comments are invited on a discussion draft which deals with action 12 (Mandatory Disclosure Rules) of the BEPS Action Plan. Full Article
is OECD tax burdens on wages rising without tax rate increases By www.oecd.org Published On :: Tue, 14 Apr 2015 11:00:00 GMT Taxes on wages have risen by about 1 percentage point for the average worker in OECD countries between 2010 and 2014 even though the majority of governments did not increase statutory income tax rates, according to a new OECD report. Full Article
is Release of a discussion draft on BEPS Action 11 (Data Analysis) By www.oecd.org Published On :: Thu, 16 Apr 2015 11:00:00 GMT Public Comments are invited on a discussion draft which deals with Action 11 (Improving the analysis of BEPS) of the BEPS Action Plan. Full Article
is Release of a discussion draft on BEPS Action 8 (Cost contribution arrangements) By www.oecd.org Published On :: Wed, 29 Apr 2015 14:00:00 GMT Public comments are invited on this discussion draft which deals with work in relation to Action 8 of the BEPS Action Plan. Full Article
is Public comments received on discussion draft on Action 12 (Mandatory Disclosure Rules) of the BEPS Action Plan By www.oecd.org Published On :: Mon, 04 May 2015 12:00:00 GMT On 31 March 2015, interested parties were invited to comment on the discussion draft on Action 12 (Mandatory Disclosure Rules) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received. Full Article
is Public comments received on discussion draft on Action 3 (Strengthening CFC Rules) of the BEPS Action Plan By www.oecd.org Published On :: Tue, 05 May 2015 11:00:00 GMT On 3 April 2015, interested parties were invited to comment on the discussion draft on Action 3 (Strengthening CFC Rules) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received. Full Article
is Public comments received on discussion draft on BEPS Action 11 (Data Analysis) By www.oecd.org Published On :: Wed, 13 May 2015 18:00:00 GMT On 16 April 2015, interested parties were invited to comment on the discussion draft on Action 11 (Data Analysis) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and is now publishing the comments received. Full Article
is Release of a new discussion draft on BEPS Action 7 (Prevent the Artificial Avoidance of PE Status) By www.oecd.org Published On :: Fri, 15 May 2015 10:00:00 GMT Public comments are invited on a new discussion draft which includes proposals resulting from the work on Action 7 (Prevent the Artificial Avoidance of PE Status) of the Action Plan on Base Erosion and Profit Shifting (BEPS). Full Article
is Release of a revised discussion draft on BEPS Action 6 (Prevent Treaty Abuse) By www.oecd.org Published On :: Fri, 22 May 2015 10:00:00 GMT Public comments are invited on a new discussion draft which includes proposals on how to deal with the follow-up work on Action 6 (Prevent Treaty Abuse) of the Action Plan on Base Erosion and Profit Shifting (BEPS). Full Article
is OECD Ministers reinforce importance of investment for strong, green and inclusive growth By www.oecd.org Published On :: Thu, 04 Jun 2015 13:24:00 GMT The OECD’s Annual Meeting at Ministerial Level reinforced member governments’ support across a broad range of key OECD work. Full Article
is Release of a discussion draft on BEPS Action 8 (Hard-to-value intangibles) By www.oecd.org Published On :: Thu, 04 Jun 2015 17:00:00 GMT Public comments are invited on a discussion draft which deals with work in relation to Action 8 of the Action Plan on Base Erosion and Profit Shifting Full Article
is Public comments received on revised discussion draft on Action 7 (Prevent the Artificial Avoidance of PE Status) of the BEPS Action Plan By www.oecd.org Published On :: Mon, 15 Jun 2015 12:00:00 GMT On 15 May 2015, interested parties were invited to comment on a revised discussion draft on Action 7 (Prevent the Artificial Avoidance of PE Status) of the BEPS Action Plan. Full Article
is Public comments received on revised discussion draft on follow-up work on BEPS Action 6 (Prevent treaty abuse) By www.oecd.org Published On :: Thu, 18 Jun 2015 15:00:00 GMT On 22 May 2015, interested parties were invited to comment on a revised discussion draft which includes proposals on how to deal with the follow-up work on Action 6 (Prevent treaty abuse) of the BEPS Action Plan. Full Article
is Public comments received on discussion draft on BEPS Action 8 (Hard-to-value intangibles) By www.oecd.org Published On :: Fri, 19 Jun 2015 13:00:00 GMT On 4 June 2015, interested parties were invited to comment on a discussion draft on Action 8 (Hard-to-value intangibles) of the BEPS Action Plan. Full Article
is Energy taxes misaligned with environmental impacts of energy use By www.oecd.org Published On :: Thu, 25 Jun 2015 11:00:00 GMT Governments are under-utilising taxation as a tool to curb the environmental consequences of energy use, foregoing revenue and weakening their attack on the principal source of greenhouse gas emissions responsible for climate change and air pollution, according to new OECD analysis. Full Article
is Much better use can and must be made of taxes to help reduce pollution and greenhouse gas emissions, concluded the participants of the 6th Global International Tax Dialogue conference By www.oecd.org Published On :: Fri, 03 Jul 2015 13:00:00 GMT Taxes are potentially among the most effective ways of cutting pollution and greenhouse gas emissions, but they are currently – with very few exceptions – underused; and even where used, they are frequently designed in a sub-optimal way. Full Article
is Governments should target prudent debt levels and fiscal rules will help get there By www.oecd.org Published On :: Fri, 03 Jul 2015 15:00:00 GMT Governments should set prudent debt targets to ensure that public finances serve to promote economic growth and stability, according to new OECD research. Full Article
is Revenue statistics: Counting better to count more By www.oecdobserver.org Published On :: Thu, 09 Jul 2015 12:32:00 GMT Meeting budgetary targets is hard enough in any country, but for developing countries struggling to lift their economies, it can seem a near impossible task. However, governments and local authorities everywhere in the world have a duty to provide public and social services for their citizens, and infrastructure that will attract investors. Tax revenues are therefore vital for meeting public demands as well as development aspirations. Full Article
is OECD holds three tax events in Addis to promote domestic resource mobilisation By www.oecd.org Published On :: Mon, 13 Jul 2015 21:01:00 GMT The OECD is holding three tax events on the side-lines of the 3rd International Conference on Financing for Development in Addis Ababa, Ethiopia. Full Article
is Tax literacy for school children and university students is key for fostering a culture of tax compliance By www.oecd.org Published On :: Tue, 28 Jul 2015 16:49:00 GMT Taxpayer education is the bridge linking tax administration and citizens and a key tool to transform tax culture. Covering innovative strategies in 28 countries, this publication offers ideas and inspiration for taxpayer education, literacy and outreach. The presentation ceremony, which took place in Bolivia, was attended by representatives of EuropeAid, EUROsociAL, Bolivia's National Tax Service and the OECD. Full Article
is New report compares performance, best practices and trends in 56 tax administrations By www.oecd.org Published On :: Tue, 11 Aug 2015 11:00:00 GMT Tax administrations continue to face the challenges of improving their performance while reducing costs, decreasing compliance burdens for taxpayers tackling non-compliance. Improving taxpayer services, while making non-compliance harder, is helping revenue bodies increase their efficiency and allowing governments to finance important programmes that will further benefit their citizens. Full Article
is Increasing tax revenues is crucial to development in emerging Asian economies By www.oecd.org Published On :: Wed, 19 Aug 2015 11:00:00 GMT Increasing tax revenues and ensuring sustainable domestic resource mobilisation will be critical as emerging Asian economies seek to boost the provision of public goods and services and improve economic growth and living standards. Full Article
is Tax systems to support creation and success of Small and Medium-Sized Enterprises (SMEs) By www.oecd.org Published On :: Sat, 05 Sep 2015 16:00:00 GMT SMEs form the vast majority of businesses in most countries and contribute strongly to employment and economic growth, but they face particular challenges, particularly as concerns access to finance. Governments have a range of policy levers, including tax policies, that can and should be used to support the growth and development of SMEs, according to a new OECD report. Full Article
is OECD presents outputs of OECD/G20 BEPS Project for discussion at G20 Finance Ministers meeting By www.oecd.org Published On :: Mon, 05 Oct 2015 14:00:00 GMT The OECD presented today the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules to be discussed by G20 Finance Ministers at their meeting on 8 October, in Lima, Peru. Full Article
is G20 finance ministers endorse reforms to the international tax system for curbing avoidance by multinational enterprises By www.oecd.org Published On :: Fri, 09 Oct 2015 15:30:00 GMT G20 finance ministers endorsed the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules during a meeting on 8 October, in Lima, Peru. Full Article
is Uganda becomes the 90th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Wed, 04 Nov 2015 11:00:00 GMT Uganda today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention provides for all forms of administrative assistance in tax matters: exchange of information on request, spontaneous exchange, automatic exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection. It guarantees extensive safeguards for the protection of taxpayers’ rights. Full Article
is Harmonising revenue statistics among Asian countries By www.oecd.org Published On :: Fri, 13 Nov 2015 13:28:00 GMT Asian representatives from Ministries of Finance and Tax administrations gathered in Seoul, Korea on 14-15 October 2015 to discuss the framework for harmonising their revenue statistics. Full Article
is Tax treaties: OECD releases latest MAP statistics By www.oecd.org Published On :: Mon, 23 Nov 2015 11:00:00 GMT As part of the OECD’s work to improve the timeliness of processing and completing mutual agreement procedure (MAP) cases under tax treaties and to enhance the transparency of the MAP process, the OECD makes available annual statistics on the MAP caseloads of all its member countries and of non-OECD economies that agree to provide such statistics. Full Article
is Israel joins international efforts to boost transparency and end tax evasion By www.oecd.org Published On :: Tue, 24 Nov 2015 15:00:00 GMT Israel signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 91st jurisdiction to join the world’s leading instrument for boosting transparency and combating offshore tax evasion. Full Article
is Niue becomes the 92nd jurisdiction to join the most powerful instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Fri, 27 Nov 2015 12:00:00 GMT Niue today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention provides for all forms of administrative assistance in tax matters: exchange of information on request, spontaneous exchange, automatic exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection. It guarantees extensive safeguards for the protection of taxpayers’ rights. Full Article
is OECD Secretary-General Angel Gurría welcomes European Commission corporate tax avoidance proposals By www.oecd.org Published On :: Thu, 28 Jan 2016 12:50:00 GMT The European Commission presented today a series of measures for a coordinated EU-wide response to corporate tax avoidance, notably through implementation of the global standards developed under the OECD/G20 Base Erosion and Profit Shifting Project. The Commission proposal would align tax laws in all 28 EU countries, in order to fight aggressive tax practices by multinational enterprises Full Article
is Kenya becomes the 94th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Mon, 08 Feb 2016 18:38:00 GMT Kenya today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. Full Article
is All interested countries and jurisdictions to be invited to join global efforts led by the OECD and G20 to close international tax loopholes By www.oecd.org Published On :: Tue, 23 Feb 2016 12:10:00 GMT The OECD today agreed a new framework that would allow all interested countries and jurisdictions to join in efforts to update international tax rules for the 21st Century. The proposal for broadening participation in the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project will be presented to G20 Finance Ministers at their next meeting on 26-27 February in Shanghai, China. Full Article
is OECD releases discussion draft on the treaty residence of pension funds By www.oecd.org Published On :: Mon, 29 Feb 2016 14:11:00 GMT Public comments are invited on a discussion draft that includes proposals for changes to the OECD Model Tax Convention concerning the treaty residence of pension funds. Comments should be sent by 1 April 2016 at the latest. Full Article
is Latin America and the Caribbean: Tax revenues rise slightly but remain well below OECD levels By www.oecd.org Published On :: Wed, 16 Mar 2016 17:26:00 GMT Despite a continuing slowdown in economic growth, tax revenues in Latin American and Caribbean countries rose slightly in 2014, as a proportion of national incomes, according to new data from the annual Revenue Statistics in Latin America and the Caribbean publication. Full Article
is OECD releases standardised electronic format for the exchange of BEPS Country-by-Country Reports By www.oecd.org Published On :: Tue, 22 Mar 2016 11:00:00 GMT In a continued effort to boost transparency in international tax matters, the OECD has today released its standardised electronic format for the exchange of Country-by-Country (CbC) Reports between jurisdictions – the CbC XML Schema – as well as the related User Guide. Full Article
is Rising tax revenues are key to economic development in African countries By www.oecd.org Published On :: Fri, 01 Apr 2016 11:00:00 GMT Tax revenues in African countries are rising as a proportion of national incomes, according to the inaugural edition of Revenue Statistics in Africa. In 2014, the eight countries covered by the report - Cameroon, Côte d’Ivoire, Mauritius, Morocco, Rwanda, Senegal, South Africa and Tunisia - reported tax revenues as a percentage of GDP ranging from 16.1% to 31.3%. Full Article
is Public comments received on discussion draft on the treaty residence of pension funds By www.oecd.org Published On :: Wed, 06 Apr 2016 12:00:00 GMT On 29/02/2016, interested parties were invited to comment on a discussion draft othat includes proposals for changes to the OECD Model Tax Convention concerning the treaty residence of pension funds. The OECD is grateful to the commentators for their input and now publishes the comments received. Full Article
is Tax administrations ready to act on “Panama Papers” By www.oecd.org Published On :: Fri, 08 Apr 2016 12:42:00 GMT Government officials from around the world have called on the OECD to convene a special project meeting of the Joint International Tax Shelter Information and Collaboration (JITSIC) Network to explore possibilities of co-operation and information-sharing, identify tax compliance risks and agree collaborative action, in light of the “Panama Papers” revelations. Full Article
is Tax administrations meet on "Panama Papers" By www.oecd.org Published On :: Wed, 13 Apr 2016 16:00:00 GMT A special project meeting of the Joint International Tax Shelter Information and Collaboration (JITSIC) Network took place at the OECD in Paris on Wednesday 13 April, bringing together senior tax administration officials from countries worldwide to discuss opportunities for obtaining data, co-operation and information-sharing in light of the “Panama Papers” revelations. Full Article
is International organisations take major step to boost global co-operation in tax matters By www.oecd.org Published On :: Tue, 19 Apr 2016 16:00:00 GMT The main international organisations working on taxation – the IMF, OECD, UN and WBG – have announced today further details on how they will act together through a Platform for Collaboration on Tax as a response to the growing importance of taxation in the international financing for development debate to achieve the UN Sustainable Development Goals. Full Article
is OECD Forum on Tax Administration - plenary meeting Beijing, 11-13 May 2016 By www.oecd.org Published On :: Wed, 20 Apr 2016 15:38:00 GMT The role of tax administrations in implementing the OECD/G20 work on the international tax agenda will be the focus of the 10th Plenary meeting of the OECD Forum on Tax Administration (FTA) to be held in Beijing, People's Republic of China, on 11-13 May 2016. Full Article
is Public comments received on discussion draft on treaty entitlement of non-CIV funds By www.oecd.org Published On :: Tue, 26 Apr 2016 15:29:00 GMT On 24 March 2016, comments were invited to the questions included in a consultation document on issues and suggestions on the tax treaty entitlement of non-CIV (Collective Investment Vehicle) funds. Full Article
is Heads of tax administrations take big step forward in global tax co-operation By www.oecd.org Published On :: Fri, 13 May 2016 10:00:00 GMT Delivering on the OECD/G20 international tax agenda, through implementation of the Base Erosion and Profit Shifting (BEPS) Project and the Common Reporting Standard (CRS) for the automatic exchange of financial account information, took centre stage when Heads of Tax Administration met on 11-13 May in Beijing, China. Full Article
is OECD releases discussion draft on the multilateral instrument to implement the tax-treaty related BEPS measures By www.oecd.org Published On :: Tue, 31 May 2016 17:22:00 GMT Public comments are invited on technical issues identified in a request for input related to the development of a multilateral instrument to implement the tax-treaty related BEPS measures. Comments should be sent by 30 June 2016 at the latest. Full Article
is OECD appoints new Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration By www.oecd.org Published On :: Thu, 02 Jun 2016 17:00:00 GMT Mr Jefferson VanderWolk has been appointed Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division in the Centre for Tax Policy and Administration. He will take up his duties in early July 2016. Full Article
is OECD Council approves incorporation of BEPS amendments into the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations By www.oecd.org Published On :: Wed, 15 Jun 2016 11:00:00 GMT On 23 May 2016, the OECD Council approved the amendments to the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations ("Transfer Pricing Guidelines"), as set out in the 2015 BEPS Report on Actions 8-10 "Aligning Transfer Pricing Outcomes with Value Creation" and the 2015 BEPS Report on Action 13 "Transfer Pricing Documentation and Country-by-Country Reporting". Full Article
is Press events during OECD Committee on Fiscal Affairs, on 30 June – 1 July in Kyoto, Japan By www.oecd.org Published On :: Fri, 24 Jun 2016 10:05:00 GMT Representatives of countries and jurisdictions worldwide will gather in Kyoto, Japan on 30 June and 1 July for a special meeting of the OECD Committee on Fiscal Affairs organised to take forward the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project. Full Article
is Tax challenges, disruption and the digital economy By www.oecdobserver.org Published On :: Fri, 24 Jun 2016 15:39:00 GMT While the digital economy cannot be separated out from the rest of the economy, it is equally clear that some specific features of the digital economy may exacerbate the risks of base erosion and profit shifting for tax purposes–namely mobility (e.g. intangibles, business functions), reliance on data (and other forms of user input), network effects, and the spread of multi-sided business models. Full Article