News & Events

News

Luxembourg makes progress in OECD standards on tax information exchange

08-Jul-2009

Luxembourg has signed a protocol to its double taxation convention with Norway, bringing to 12 the number of agreements it has on exchange of information for tax purposes and thus crossing the threshold for being considered to have substantially implemented the internationally agreed standard in this area.

Money Laundering through the Football Sector

07-Jul-2009

The Financial Action Task Force (FATF), with assistance from the Centre for Tax Policy and Administration, has just completed a study, Money Laundering through the Football Sector, on what may make the football sector attractive to criminals.  It provides several case examples of areas that could be exploited by those wanting to invest illegal money into football, as well as examples of tax evasion. 

Bermuda signs tax information accord with Germany

03-Jul-2009

Bermuda and Germany today signed a bilateral agreement for the exchange of information for tax purposes, bringing to 13 the number of such agreements that Bermuda has entered into.

Recommendation of the Council on Tax Measures for Further Combating Bribery of Foreign Public Officials in International Business Transactions

29-Jun-2009

The OECD Council adopted on 25 May 2009 a new Recommendation, that succeeds to the 1996 Recommendation, to strengthen the role of tax authorities in the combat against bribery.

Gibraltar has signed a bilateral agreement for the exchange of information for tax purposes with Ireland

25-Jun-2009

Gibraltar and Ireland signed yesterday, 24 June 2009, a bilateral agreement for the exchange of information for tax purposes, bringing to 2 the number of such agreements entered into by  Gibraltar.

New TIEA signed between the Cayman Islands and Ireland

24-Jun-2009

The Cayman Islands and Ireland signed yesterday, 23 June 2009, in Berlin, a bilateral agreement for the exchange of information for tax purposes, bringing to 10 the number of such agreements entered into by the Cayman Islands.

OECD’s Gurría welcomes recent progress in moves to combat tax evasion

23-Jun-2009

Addressing a conference organised by the French and German governments  in Berlin on the fight against tax fraud and evasion, OECD Secretary-General Angel Gurría welcomed progress in implementing international standards of transparency and exchange of information for tax purposes.

Berlin conference on fighting tax evasion gives backing to OECD standards

23-Jun-2009

At a meeting in Berlin on 23 June hosted by France and Germany, ministers from 19 countries reviewed progress in the fight against international tax evasion, welcoming recent moves by significant financial centres, including four OECD member countries, towards implementation of the OECD standard on transparency and exchange of information in tax matters. 

G8 Finance Ministers welcome progress in negotiations of agreements on the exchange of information for tax purposes

17-Jun-2009

In a statement following their 12-13 June meeting in Lecce, ministers urged "further progress in the implementation of the OECD standards and the involvement of the widest possible number of jurisdictions, including developing countries. It is also essential to develop an effective peer-review mechanism to assess compliance with the same standards. This could be delivered by an expanded Global Forum. We also look forward to an update on progress on the G20 agreement to tackle tax havens at the next OECD Ministerial meeting."

Finding the Dividing Line between Tax Sharing and Grants: A Statistical Investigation

17-Jun-2009

Tax sharing and intergovernmental grants are two sub-central funding arrangements that are often difficult to disentangle. In order to ensure that fiscal arrangements are recorded properly and on a comparable basis, a set of clear criteria to delineate them is required. This document presents the results of a test that was applied in order to find the dividing line a) between tax sharing and intergovernmental grants and b) between different categories of tax sharing. Also available in Spanish.




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