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.

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.

On 8 November 2019, interested parties were invited to provide comments on certain aspects of the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two. The OECD is grateful to the commentators for their input and now publishes the public comments received.

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD Secretariat is seeking public comments on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two. 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.

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.

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).

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.

Today, Uruguay deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Uruguay, the MLI enters into force on 1 June 2020.

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework), the OECD invites public comments on the Review of the BEPS Action 13 minimum standard.

As part of the Inclusive Framework’s work relating to the tax challenges arising from the digitalisation of the economy, the OECD has been carrying out an economic analysis and impact assessment of the Pillar 1 and Pillar 2 proposals. Please join a live webcast with experts from the OECD to learn more about this work, which will include a presentation of preliminary results on the revenue and investment effects of the proposals.

As part of the ongoing work of the Committee on Fiscal Affairs, the OECD is seeking public comments on the draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy.

The work on BEPS Action 14 continues with today's publication of the eighth 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.

On 28 February, Portugal deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Portugal, the MLI enters into force on 1 June 2020.

The Global Forum on Transparency and Exchange of Information for Tax Purposes visited the Headquarter of the African Development Bank (AfDB) on 3-4 February 2020 to discuss the tax transparency agenda in Africa.

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.

Today, San Marino deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For San Marino, the MLI enters into force on 1 July 2020.

Due to the developing coronavirus emergency, the OECD has implemented a range of precautionary measures at its Paris headquarters. Multilateral efforts to address the tax challenges arising from digitalisation of the economy continue. The OECD Secretariat team is working full steam on the project and meetings with delegates are being held remotely.

These potential measures, which are not recommendations, are intended to assist policymakers as they respond in their own national context.

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.

As we navigate through this global crisis, one of the few certainties is that tax policy will play an important role in the immediate response of governments to support individuals and businesses, as well as in future rounds of policy action, including to rebuild our economies, which will ultimately take place once the health crisis has been contained.

Progress continues with the implementation of the BEPS package, as the OECD releases the second peer review assessing countries’ efforts to implement the Action 6 minimum standard as agreed under the OECD/G20 BEPS Project.

In our modern world, companies are finding it all too easy to game the international tax system to their advantage . It is increasingly incumbent on the global community to create an updated framework to ensure tax certainty and support international trade and investment.

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.

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.

At the request of concerned countries, the OECD Secretariat has issued guidance on these issues based on a careful analysis of the international tax treaty rules.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today eight new peer review reports assessing compliance with the international standard on transparency and exchange of information on request (EOIR).

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.

On 19 February 2020, interested parties were invited to provide comments on the draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy. The OECD is grateful to the commentators for their input and now publishes the public comments received

Tax and fiscal policy responses are playing a critical role in limiting the hardship caused by containment measures, and should continue to do so as governments seek to support households and businesses, protect employment and pursue economic recovery from the global pandemic, according to new OECD analysis.

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.

Today, Indonesia deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Indonesia, the MLI enters into force on 1 August 2020.

As a result of COVID-19, public life has come to a sudden halt and consumer spending is plummeting. How will this crisis and the policy actions taken in response affect tax revenues? And what lessons can be learned from the previous global financial crisis?

Labour taxes on the average worker across OECD countries continued to decline for the sixth consecutive year in 2019, according to a new OECD report.

Latest data on tax policy measures taken by governments so far in response to the coronavirus pandemic.

With global economic activity facing a historic drop and government spending rising dramatically, the implications of the Covid-19 crisis on public finances and tax revenues are significant.

Exports of (bop) - Copper Ores and Concentrates in Canada decreased to 289.50 CAD Million in March from 319.10 CAD Million in February of 2020. Exports of (bop) - Copper Ores and Concentrates in Canada averaged 135.80 CAD Million from 1988 until 2020, reaching an all time high of 481.70 CAD Million in November of 2015 and a record low of 5.60 CAD Million in October of 1999. This page includes a chart with historical data for Canada Exports of (bop) - Copper Ores And Concentrates.

Exports of (bop) - Electrical Components in Canada increased to 484.70 CAD Million in March from 483 CAD Million in February of 2020. Exports of (bop) - Electrical Components in Canada averaged 314.42 CAD Million from 1988 until 2020, reaching an all time high of 720 CAD Million in February of 2014 and a record low of 68.10 CAD Million in January of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Electrical Components.

Exports (Bop) - Food And Tobacco Intermediate Products in Canada increased to 534.20 CAD Million in March from 459 CAD Million in February of 2020. Exports (Bop) - Food And Tobacco Intermediate Prod in Canada averaged 249.03 CAD Million from 1988 until 2020, reaching an all time high of 617.40 CAD Million in February of 2016 and a record low of 37 CAD Million in December of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food And Tobacco Intermediate.

Exports (Bop) - Food, Beverage And Tobacco Products in Canada increased to 2685.50 CAD Million in March from 2594.50 CAD Million in February of 2020. Exports (Bop) - Food, Beverage And Tobacco Product in Canada averaged 1423.40 CAD Million from 1988 until 2020, reaching an all time high of 2808.70 CAD Million in December of 2016 and a record low of 425.60 CAD Million in March of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Food, Beverage And Tobacco Pro.

Exports (Bop) - Heating, Cooling And Air Purification Equipment in Canada increased to 229.60 CAD Million in March from 227.80 CAD Million in February of 2020. Exports (Bop) - Heating, Cooling And Air Purificat in Canada averaged 101.69 CAD Million from 1988 until 2020, reaching an all time high of 229.60 CAD Million in March of 2020 and a record low of 16.10 CAD Million in April of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Heating, Cooling And Air Purif.

Exports of (bop) - Iron Ores and Concentrates in Canada decreased to 468.90 CAD Million in March from 554.50 CAD Million in February of 2020. Exports of (bop) - Iron Ores and Concentrates in Canada averaged 190.82 CAD Million from 1988 until 2020, reaching an all time high of 709.40 CAD Million in August of 2019 and a record low of 37.20 CAD Million in September of 2004. This page includes a chart with historical data for Canada Exports of (bop) - Iron Ores And Concentrates.

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.

Exports of (bop) - Metal Ores and Concentrates in Canada decreased to 842.10 CAD Million in March from 1020.30 CAD Million in February of 2020. Exports of (bop) - Metal Ores and Concentrates in Canada averaged 470.49 CAD Million from 1988 until 2020, reaching an all time high of 1098.40 CAD Million in August of 2019 and a record low of 146.60 CAD Million in February of 1993. This page includes a chart with historical data for Canada Exports of (bop) - Metal Ores And Concentrates.

Exports of (bop) - Coffee and Tea in Canada increased to 60.70 CAD Million in March from 57 CAD Million in February of 2020. Exports of (bop) - Coffee and Tea in Canada averaged 26.73 CAD Million from 1988 until 2020, reaching an all time high of 82.40 CAD Million in June of 2017 and a record low of 0 CAD Million in March of 1994. This page includes a chart with historical data for Canada Exports of (bop) - Coffee And Tea.

Exports (Bop) - Commercial And Service Industry Machinery in Canada decreased to 289.80 CAD Million in March from 378.80 CAD Million in February of 2020. Exports (Bop) - Commercial And Service Industry Ma in Canada averaged 178.65 CAD Million from 1988 until 2020, reaching an all time high of 438.80 CAD Million in March of 2001 and a record low of 38 CAD Million in December of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Commercial And Service Industr.

Exports (Bop) - Communications And Audio And Video Equipment in Canada decreased to 347.50 CAD Million in March from 371.20 CAD Million in February of 2020. Exports (Bop) - Communications And Audio And Video in Canada averaged 543.67 CAD Million from 1988 until 2020, reaching an all time high of 1812.70 CAD Million in May of 2000 and a record low of 110.20 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Communications And Audio And V.

Exports (Bop) - Computers And Computer Peripheral Equipment in Canada decreased to 206.70 CAD Million in March from 208.90 CAD Million in February of 2020. Exports (Bop) - Computers And Computer Peripheral in Canada averaged 180.39 CAD Million from 1988 until 2020, reaching an all time high of 307.30 CAD Million in July of 2019 and a record low of 76.50 CAD Million in August of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Computers And Computer Periphe.

Exports of (bop) - Consumer Goods in Canada increased to 6076.80 CAD Million in March from 6016.30 CAD Million in February of 2020. Exports of (bop) - Consumer Goods in Canada averaged 3568.77 CAD Million from 1988 until 2020, reaching an all time high of 7284.20 CAD Million in January of 2016 and a record low of 891.20 CAD Million in March of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Consumer Goods.

Exports of (bop) - Alcoholic Beverages in Canada increased to 94.30 CAD Million in March from 89.20 CAD Million in February of 2020. Exports of (bop) - Alcoholic Beverages in Canada averaged 74.41 CAD Million from 1988 until 2020, reaching an all time high of 121.10 CAD Million in February of 2001 and a record low of 36.30 CAD Million in April of 1988. This page includes a chart with historical data for Canada Exports of (bop) - Alcoholic Beverages.

Imports (Bop) - Food And Tobacco Intermediate Products in Canada increased to 307.40 CAD Million in March from 257 CAD Million in February of 2020. Imports (Bop) - Food And Tobacco Intermediate Prod in Canada averaged 177.85 CAD Million from 1988 until 2020, reaching an all time high of 329.30 CAD Million in April of 2014 and a record low of 55.10 CAD Million in September of 1988. This page includes a chart with historical data for Canada Imports of (bop) - Food And Tobacco Intermediate.