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Globalisation is not new, but the pace of integration of national economies has quickened. Liberalisation opens up the door to globalisation, new technologies make it happen. This has implications for tax policy and administration. Find out more.
What's new
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26-Jan-2012
India has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement which promotes international co-operation while respecting the rights of taxpayers.
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25-Jan-2012
Increased domestic resource mobilization is widely accepted as crucial for countries to successfully meet the challenges of development and achieve higher living standards for all their people.
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19-Jan-2012
The 7th meeting of the Forum on Tax Administration, which brought together the heads of tax administrations from 43 countries, concluded with a unified and strengthened commitment to combat offshore tax abuse.
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11-Jan-2012
Ms. Marlies de Ruiter has been appointed Head of the Tax Treaty, Transfer Pricing and Financial Transactions Division of the OECD's Center for Tax Policy and Administration to replace Mary Bennett. She will take up her duties on 1 February 2012.
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16-Dec-2011
Uruguay has signed 7 new agreements providing for the exchange of tax information, showing its willingness to implement the global standards. This brings to a total of 18 the number of agreements Uruguay has with other countries, allowing it to move up to the OECD’s list of those that have ‘substantially implemented the standard for exchange of information’.
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09-Dec-2011
Addressing growing inequalities is now at the centre of the political debate and all countries are taking different actions to address it. The 4th ITD Global Conference on ‘Tax and Inequality’ held in New Delhi, India on 7–9 December 2011 discussed the role of taxation in reducing inequalities in income and wealth.
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08-Dec-2011
The OECD has released statistics on the mutual agreement procedure (MAP) caseloads of OECD member countries and certain non-OECD economies for the 2010 reporting period. These statistics reveal a slight decrease in the total number of open MAP cases reported by OECD member countries as compared to the 2009 reporting period. The collection of these statistics forms part of the OECD's continuing work to improve the timeliness of processing and completing MAP cases under tax treaties and to enhance the transparency of the MAP process.
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29-Nov-2011
OECD countries acknowledge that taxes must play a role in the process of fiscal consolidation as they battle unprecedented budget deficits. New OECD data in the annual Revenue Statistics publication show that the majority of OECD governments have stabilised their tax to GDP, with the average ratio moving up slightly from 33.8% in 2009 to 33.9% in 2010.
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22-Nov-2011
On 8 and 9 November, delegates from Working Party N° 9 on Consumption Taxes met in Paris to discuss policy issues on the design and operation of Value Added Taxes (“VAT” and its equivalent, called “Goods and Services Taxes” – “GST” in certain jurisdictions). The discussion was mainly focused on the further development of internationally agreed principles for applying VAT/GST on international trade.
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16-Nov-2011
On 7-9 November 2011, Working Party No. 6’s Special Session on the Transfer Pricing Aspects of Intangibles met with private sector representatives to discuss definitional and ownership issues related to intangibles. The agenda for the meeting, presentation material submitted by private sector participants and list of participants have now been published.
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16-Nov-2011
On 31 May 2011, the OECD Committee on Fiscal Affairs released for public comment a discussion draft on the application of the provisions of the OECD Model Tax Convention to the cross-border trading of emissions permits. The OECD has now published the comments received on this consultation draft.
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04-Nov-2011
Tax Transparency 2011: Report on Progress, a report prepared by the Global Forum on Transparency and Exchange of Information for Tax Purposes, was delivered to the G20 in Cannes and is now available to journalists.
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04-Nov-2011
A report on bank secrecy and tackling tax evasion presented by OECD Secretary-General Angel Gurría to finance ministers at the Cannes G20 summit on 3 November 2011.
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03-Nov-2011
This new report responds to the G-20 Development Working Group request for a report on supporting the development of more effective tax systems in developing countries.
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03-Nov-2011
All G20 governments have now agreed to a multilateral Convention to tackle tax evasion more effectively.
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26-Oct-2011
“At a time of stalled economies and a crisis of politics, your collective tax work is a tangible example of countries moving together in a mutually beneficial direction that will help those trying to extricate themselves from the crisis. Governments have signed more than 700 agreements to exchange tax information. And we know these agreements have already yielded €14 billion in additional revenues, to 20 countries, from more than 100 000 tax payers who had hidden assets offshore.”
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26-Oct-2011
We no longer talk about commitments to change; today, we are making change happen. We are implementing the now universally accepted international standard of transparency and exchange of information, said OECD Secretary-General.
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13-Oct-2011
This information note summarises the findings of a survey conducted by the Forum on Tax Administration’s Taxpayer Services Sub-group to assess the extent to which tax administrations are making use of social media. The note also provides background information about the main social media technologies and their deployment in the private sector and by public sector agencies, including insights from early applications.
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12-Oct-2011
from 12 October 2011 to 10 February 2012
The OECD Committee on Fiscal Affairs invites public comments on proposed changes to the Commentary on Article 5 (Permanent Establishment) of the OECD Model Tax Convention. The purpose of these changes is to clarify how the concept of “permanent establishment” should be applied and interpreted for the purposes of tax treaties concluded on the basis of the OECD Model. Comments on these proposed changes should be sent before 10 February 2012 to Grace Perez-Navarro, Deputy Director, CTPA (grace.perez-navarro@oecd.org).
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12-Oct-2011
High unemployment rates, in the wake of the financial and economic crisis, have governments scrambling to create jobs. A new OECD report suggests that well-targeted tax reforms can encourage employers to hire more people and the jobless to look for employment.
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11-Oct-2011
Officials from revenue bodies, the banking sector and OECD met in Rome on 10-11 October to discuss ways to enhance the relationship between tax administrations and the banking industry and thus improve tax compliance.
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04-Oct-2011
Governments and taxpayers spent about half a trillion dollars last year supporting the production and consumption of fossil fuels. Removing inefficient subsidies would raise national revenues and reduce greenhouse-gas emissions, according to OECD and IEA analyses.
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12-Sep-2011
Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.
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30-Aug-2011
Due to the recent financial and economic crisis, global corporate losses have increased significantly. Numbers at stake are vast, with loss carry-forwards as high as 25% of GDP in some countries. Though most of these claims are justified, some corporations find loop-holes and use ‘aggressive tax planning’ to avoid taxes in ways that are not within the spirit of the law.
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29-Aug-2011
The OECD’s Centre for Tax Policy and Administration (CTPA) is pleased to announce that Mr. Joseph Andrus has been appointed Head of the Transfer Pricing Unit within the CTPA’s Tax Treaty, Transfer Pricing and Financial Transactions Division. He will take up his position on 1st October 2011 following the departure of Ms. Caroline Silberztein.
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28-Jul-2011
Mr. Pascal Saint-Amans has been appointed Director of the Centre for Tax Policy and Administration (CTP). He will take up his duties on 1st February 2012 upon the retirement of Mr. Jeffrey Owens.
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22-Jul-2011
On 29 April 2011, the OECD Committee on Fiscal Affairs released for public comment a discussion draft on the meaning of “beneficial owner” in the OECD Model Tax Convention. The OECD has now published the comments received on this consultation draft.
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08-Jul-2011
Following two recent invitations for public comment on the administrative aspects of transfer pricing, the OECD has now published the comments received which will be used to inform the OECD’s work in this area, including the review of the existing guidance on safe harbours in Chapter IV of the Transfer Pricing Guidelines.
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04-Jul-2011
Costa Rica has recently signed agreements allowing for exchange of tax information with Australia and the Nordic economies, bringing its total network of exchange of information treaties to 12 and moving it to the list of jurisdictions considered to have substantially implemented the internationally agreed tax standard.
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10-Jun-2011
As part of its project on the administrative aspects of transfer pricing, the OECD identified and analysed transfer pricing simplification measures implemented by 33 OECD and non-OECD economies. The key findings from this analysis and the country responses have now been published.
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A joint initiative by the OECD, IMF and World Bank to facilitate discussion on tax matters
International Tax Dialogue
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