t Chile strengthening international tax co-operation, OECD says By www.oecd.org Published On :: Thu, 24 Oct 2013 15:30:00 GMT OECD Secretary-General Angel Gurría welcomed today Chile’s recent steps to strengthen international tax co-operation. Full Article
t Statement of outcomes of the Fourth Meeting of the OECD Taskforce on Tax and Development By www.oecd.org Published On :: Thu, 31 Oct 2013 15:21:00 GMT The OECD’s Task Force on Tax and Development met in Seoul, on 30-31 October 2013. Governments, international and regional organisations, civil society and business representatives reviewed progress made since the previous meeting and explored further ways to help developing countries better mobilise their domestic resources. Full Article
t Andorra deepens commitment to fight offshore tax avoidance and evasion By www.oecd.org Published On :: Tue, 05 Nov 2013 15:30:00 GMT OECD Secretary-General Angel Gurría welcomed today Andorra’s steps to strengthen international tax co-operation, after it became the 60th signatory to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters Full Article
t Evading the Net: Tax Crime in the Fisheries Sector By www.oecd.org Published On :: Thu, 07 Nov 2013 14:01:00 GMT This report looks at the issue of tax crime in the fisheries sector, including frauds over taxes on profit and earnings, customs duties, VAT and social security, with examples from real cases. Full Article
t Hungary deepens commitment to fight offshore tax avoidance and evasion By www.oecd.org Published On :: Tue, 12 Nov 2013 16:23:00 GMT OECD Secretary-General Angel Gurría welcomed today Hungary’s steps to strengthen international tax co-operation after it became the 61st signatory to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Full Article
t OECD consults on transfer pricing matters By www.oecd.org Published On :: Wed, 13 Nov 2013 14:37:00 GMT Today, the OECD held a public consultation on transfer pricing topics at the OECD headquarters in Paris. The meeting was attended by delegates from more than 35 countries and by more than 150 representatives of business, academia, civil society and the press. Full Article
t OECD Secretary-General welcomes Liechtenstein’s moves toward transparency By www.oecd.org Published On :: Thu, 14 Nov 2013 12:00:00 GMT OECD Secretary-General Angel Gurria welcomed today Liechtenstein’s announcement of plans to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and take further steps to increase transparency and international co-operation. Full Article
t OECD invites public comments on a discussion draft on proposed changes to the provisions dealing with the operation of ships and aircraft in international traffic By www.oecd.org Published On :: Fri, 15 Nov 2013 15:54:00 GMT The OECD invites public comments on a discussion draft that includes proposed changes to the OECD Model Tax Convention dealing with the operation of ships and aircraft in international traffic. Full Article
t OECD invites public comments on a discussion draft on technical changes to be included in the next update to the Model Tax Convention By www.oecd.org Published On :: Fri, 15 Nov 2013 17:22:00 GMT The OECD Committee on Fiscal Affairs invites public comments on a discussion draft that includes various technical changes to be included in the next update to the OECD Model Tax Convention. Full Article
t A boost to transparency and international tax co-operation By www.oecd.org Published On :: Thu, 21 Nov 2013 14:00:00 GMT International efforts to combat tax evasion and avoidance got a boost today as additional countries and jurisdictions agreed to join more than 60 other countries in tax co-operation through a key multilateral tax instrument during the first day of a global meeting in Jakarta, Indonesia. Full Article
t OECD releases request for public input on the tax challenges of the digital economy By www.oecd.org Published On :: Fri, 22 Nov 2013 09:00:00 GMT The OECD Committee on Fiscal Affairs invites public comments and input on questions related to the tax challenges of the digital economy. The Committee invites interested parties to send their comments in response to this request for input before 22 December 2013. Full Article
t Global Forum moves towards automatic exchange of tax information and transparency By www.oecd.org Published On :: Fri, 22 Nov 2013 11:00:00 GMT The international community has taken new steps to strengthen transparency and boost the comprehensive exchange of information between governments worldwide. Full Article
t OECD publishes public comments on the tax treaty treatment of termination payments By www.oecd.org Published On :: Fri, 29 Nov 2013 11:08:00 GMT On 25 June 2013, the OECD released for public comment a discussion draft on the tax treatment of various payments that may be made following the termination of an employment. The OECD has now published the comments received on this discussion draft. Full Article
t Making fiscal decentralisation work By www.oecd.org Published On :: Mon, 02 Dec 2013 10:00:00 GMT Hundreds of thousands of elected sub-national governments worldwide provide services and levy taxes on residents and companies. Full Article
t OECD issues communication on engagement with stakeholders By www.oecd.org Published On :: Tue, 03 Dec 2013 13:00:00 GMT The timeline of the OECD/G20 BEPS Project is extremely ambitious, with the first outputs expected for September 2014 and the completion of the project by the end of 2015. Input from relevant stakeholders is essential as the BEPS Project moves forward to develop the measures envisaged in the BEPS Action Plan. Full Article
t Fiscal decentralisation: lessons from around the world By www.itdweb.org Published On :: Tue, 03 Dec 2013 13:30:00 GMT Senior tax policymakers and administrators from across the world are meeting this week in Marrakech to discuss how powers to set and collect taxes should be allocated across different levels of government to ensure accountability, efficiency and economic stability. Full Article
t Tax revenues continue to rise across the OECD By www.oecd.org Published On :: Tue, 17 Dec 2013 11:00:00 GMT Tax revenues continue bouncing back from the low levels reported in almost all countries during 2008 and 2009, at the height of the global economic crisis, according to new OECD data in the annual Revenue Statistics publication. The average tax revenue to GDP ratio in OECD countries was 34.6% in 2012, compared with 34.1% in 2011 and 33.8% in 2010. Full Article
t Kazakhstan signs the Convention on Mutual Administrative Assistance in Tax Matters By www.oecd.org Published On :: Mon, 23 Dec 2013 09:38:00 GMT Kazakhstan has become the 64th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the most powerful international instrument to fight international tax avoidance and evasion. Full Article
t The Swedish Tax on Nitrogen Oxide Emissions: Lessons in Environmental Policy Reform - Environment Policy Paper No. 2 By dx.doi.org Published On :: Tue, 24 Dec 2013 12:29:00 GMT This case study describes the approach taken to reduce NOx emissions from combustion plants, the challenges encountered and the social, environmental and economic impacts. It concludes by discussing the wider lessons that are raised for other governments seeking to develop similar policy responses. Full Article
t OECD publishes comments received on the Tax Challenges of the Digital Economy By www.oecd.org Published On :: Mon, 13 Jan 2014 10:00:00 GMT On 22 November 2013, a request for public comments on the tax challenges of the digital economy was launched. The OECD now publishes the comments received. Full Article
t OECD publishes comments received on strategies that allegedly result in the artificial avoidance of PE Status By www.oecd.org Published On :: Thu, 16 Jan 2014 18:51:00 GMT On 22 October 2013, the OECD requested interested parties to send a short description of strategies that might be considered to result in the artificial avoidance of PE status in relation to base erosion and profit shifting. The OECD has now published the only response received following that invitation. Full Article
t Latin America: Tax revenues continue to rise, but are low and varied among countries, according to new OECD-ECLAC-CIAT report By www.oecd.org Published On :: Mon, 20 Jan 2014 09:44:00 GMT Tax revenues in Latin American countries continue to rise but are lower as a proportion of their national incomes than in most OECD countries. Revenue Statistics in Latin America 2012 shows that Argentina and Brazil have the highest tax revenue to GDP ratio, while Guatemala and Dominican Republic stand at the lower end. Full Article
t Discussion Draft on transfer pricing documentation and country-by-country reporting released for public comment By www.oecd.org Published On :: Thu, 30 Jan 2014 10:30:00 GMT Interested parties are invited to comment on this paper prepared by the OECD in the context of revision to Chapter V of the Transfer Pricing Guidelines. Full Article
t Taxation and Competition Policy By www.oecd.org Published On :: Tue, 11 Feb 2014 11:41:00 GMT We need to fight distortions to competition that can arise from tax avoidance, just like we do from other forms of government intervention, such as regulation, said OECD Secretary-General. Full Article
t OECD delivers new single global standard on automatic exchange of information By www.oecd.org Published On :: Thu, 13 Feb 2014 16:29:00 GMT Offshore tax evasion remains a serious problem for countries and jurisdictions worldwide, with vast amounts of funds deposited abroad and sheltered from taxation when taxpayers fail to comply with obligations in their home countries. Full Article
t The OECD publishes the comments received on a discussion draft on technical changes to be included in the next update to the Model Tax Convention By www.oecd.org Published On :: Tue, 18 Feb 2014 18:06:00 GMT On 15 November 2013, the OECD Committee on Fiscal Affairs (CFA) invited public comments on a discussion draft on technical changes to be included in the next update to the OECD Model Tax Convention. The OECD has now published the comments received on that discussion draft. Full Article
t The OECD publishes the comments received on a discussion draft on proposed changes to the provisions of the OECD Model Tax Convention dealing with the operation of ships and aircraft in international traffic By www.oecd.org Published On :: Tue, 18 Feb 2014 19:40:00 GMT On 15 November 2013, the OECD Committee on Fiscal Affairs (CFA) invited public comments on a discussion draft on changes to the provisions of the OECD Model Tax Convention dealing with the operation of ships and aircraft in international traffic. The OECD has now published the comments received on that discussion draft. Full Article
t OECD issues release dates of BEPS discussion drafts and public consultations By www.oecd.org Published On :: Thu, 20 Feb 2014 10:00:00 GMT A revision of the timetable for planned stakeholders’ input is now available online with the dates when discussion drafts will be published and public consultations held in relation to the September 2014 BEPS outputs. Full Article
t Comments received on Discussion Draft on transfer pricing documentation and country-by-country reporting published today By www.oecd.org Published On :: Mon, 03 Mar 2014 14:56:00 GMT On 30 January 2014, the OECD invited comments from interested parties on the Discussion Draft on transfer pricing documentation and country-by-country reporting. The OECD now publishes the comments received. Full Article
t OECD holds regional consultations on BEPS in Asia and Latin America By www.oecd.org Published On :: Fri, 07 Mar 2014 12:00:00 GMT In line with the Base Erosion and Profit Shifting (BEPS) Action Plan to involve developing countries in the work on BEPS, the OECD has held two regional consultations for the Asia-Pacific and Latin American-Caribbean regions. Full Article
t Paper on transfer pricing comparability data and developing countries released for comment By www.oecd.org Published On :: Tue, 11 Mar 2014 17:41:00 GMT This paper sets out four possible approaches to addressing the concerns over the lack of data on transfer pricing comparables expressed by developing countries. Full Article
t Release of discussion draft on Action 6 (Prevent Treaty Abuse) of the BEPS Action Plan By www.oecd.org Published On :: Fri, 14 Mar 2014 15:00:00 GMT Public comments are invited on a discussion draft that includes the proposals produced with respect to Action 6 (Prevent Treaty Abuse) of the BEPS Action Plan. Full Article
t Designing Skill-Friendly Tax Policies By skills.oecd.org Published On :: Fri, 14 Mar 2014 17:40:00 GMT The tax code can affect incentives to invest in education and training by influencing the costs and benefits of these investments. This can be the case for individuals through the income taxes and social security contributions they pay, and for companies through their corporate taxes and employer social security contributions. Full Article
t Release of discussion drafts on Action 2 (Neutralise the effects of hybrid mismatch arrangements) of the BEPS Action Plan By www.oecd.org Published On :: Wed, 19 Mar 2014 10:00:00 GMT Public comments are invited on discussion drafts that include the proposals produced with respect to Action 2 (Hybrid Mismatch Arrangements) of the BEPS Action Plan. Full Article
t Release of discussion draft on Action 1 (Tax Challenges of the Digital Economy) of the BEPS Action Plan By www.oecd.org Published On :: Mon, 24 Mar 2014 10:00:00 GMT Public comments are invited on a discussion draft that includes the proposals produced with respect to Action 1 (Tax Challenges of the Digital Economy) of the BEPS Action Plan. Full Article
t Tax: OECD’s Gurría welcomes international progress towards automatic exchange of information By www.oecd.org Published On :: Mon, 24 Mar 2014 11:00:00 GMT OECD Secretary-General Angel Gurría has welcomed moves by more than 40 countries – reinforced by EU leaders - to commit to a detailed timetable to step up the fight against tax evasion. Full Article
t Tax is all about trust By www.oecd.org Published On :: Tue, 25 Mar 2014 16:20:00 GMT Following the financial crisis in 2008, millions of citizens faced hardship as they set about repairing the damage done to their economies and to public finances. For most people, the necessary sacrifice was bearable as long as it was shared fairly by everyone in society. Unfortunately, the evidence shows that this was not the case when it came to some large global companies. Full Article
t International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners By www.oecd.org Published On :: Fri, 28 Mar 2014 14:00:00 GMT Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing. Full Article
t Public comments received on discussion draft on Action 6 (Prevent Treaty Abuse) of the BEPS Action Plan By www.oecd.org Published On :: Fri, 11 Apr 2014 10:00:00 GMT The OECD publishes comments received from interested parties on the discussion draft on Action 6 (Prevent Treaty Abuse) of the BEPS Action Plan. Full Article
t Tax burdens on labour income continue to rise across the OECD By www.oecd.org Published On :: Fri, 11 Apr 2014 11:00:00 GMT Personal income tax has risen in 25 out of 34 OECD countries over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, according to new data in the annual Taxing Wages publication. Full Article
t Comments received on discussion draft on Tax Challenges of the Digital Economy published By www.oecd.org Published On :: Wed, 16 Apr 2014 10:00:00 GMT On 24 March 2014, the OECD invited comments from interested parties on the Discussion Draft on Tax Challenges of the Digital Economy related to Action 1 of the BEPS Action Plan. The OECD now publishes the comments received. Full Article
t Governments endorse new OECD Guidelines on applying VAT across borders By www.oecd.org Published On :: Fri, 18 Apr 2014 16:37:00 GMT The governments of 86 countries have taken a key step towards preventing value added tax from weighing on trade while also safeguarding state revenues by endorsing the first internationally agreed framework for applying national VAT rules to cross-border transactions. Full Article
t International community continues making progress on tax transparency By www.oecd.org Published On :: Thu, 24 Apr 2014 19:38:00 GMT The international community continues making progress toward greater cooperation to ensure effective information exchange in tax matters. The Global Forum on Transparency and Exchange of Information for Tax Purposes issued today 12 new reports that highlight action being taken by jurisdictions to implement the international standard for exchange of information on request. Full Article
t Top earners capturing growing share of total income in many countries, says OECD By www.oecd.org Published On :: Wed, 30 Apr 2014 09:32:00 GMT The shares of the richest 1% in total pre-tax income have increased in most OECD countries over the past three decades. This rise is the result of the top 1% capturing a disproportionate share of overall income growth over that timeframe: up to 37% in Canada and 47% in the United States, according to new OECD analysis. Full Article
t Tax for development: why better public services matter By www.oecd.org Published On :: Mon, 05 May 2014 15:24:00 GMT Tax for development: why better public services matter Full Article
t Rising tax revenues: A key to economic development in emerging Asian countries By www.oecd.org Published On :: Tue, 06 May 2014 10:00:00 GMT Tax revenues are currently rising as a proportion of national incomes in Indonesia and Malaysia but continue to be substantially lower than for Korea, Japan and other OECD countries, according to a new OECD report. Full Article
t Countries commit to automatic exchange of information in tax matters By www.oecd.org Published On :: Tue, 06 May 2014 17:40:00 GMT Bank secrecy for tax purposes is coming to an end as countries and major financial centres commit to automatic exchange of information between jurisdictions. Full Article
t Comments received on discussion drafts on Neutralise the Effects of Hybrid Mismatch Arrangements published By www.oecd.org Published On :: Wed, 07 May 2014 12:00:00 GMT OECD publishes comments received on Action 2 discussions drafts (Neutralise the Effects of Hybrid Mismatch Arrangements) Full Article
t Public consultation on transfer pricing documentation and country-by-country reporting By www.oecd.org Published On :: Fri, 09 May 2014 09:00:00 GMT The OECD will hold a public consultation on the discussion draft on transfer pricing documentation and country-by-country reporting on 19 May 2014 at the OECD in Paris, France. Full Article
t Rising air pollution-related deaths taking heavy toll on society, OECD says By www.oecd.org Published On :: Wed, 21 May 2014 14:50:00 GMT Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says. Full Article