News & Events

News

Updated multilateral tax convention now open to all countries

01-Jun-2011

Today, new amendments to the multilateral Convention on Mutual Administrative Assistance in Tax Matters open the Convention to all countries, allowing them to benefit from cross border tax co-operation and information sharing. 

OECD Model Tax Convention: a discussion draft on tax treaty issues related to the trading of emissions permits

31-May-2011

The OECD Committee on Fiscal Affairs invites public comments on its preliminary analysis of the tax treaty issues related to the trading of emissions permits. This analysis addresses the application of the provisions of the OECD Model Tax Convention to profits and gains arising from the cross-border trading of emissions permits. Comments on this analysis should be sent before 30 October 2011 to Jeffrey Owens, Director, CTPA (jeffrey.owens@oecd.org).

Tax Repayments: Maintaining the Balance Between Refund Service Delivery, Compliance and Integrity

23-May-2011

The effective management of tax repayments is key in good tax administration, but revenue bodies face the ongoing challenge of balancing taxpayers’ expectations for high levels of service with their responsibility for preventing and dealing with fraud and error. This report is the result of research into the approaches and experiences of ten OECD countries and includes some key prompts for revenue bodies to consider in the design and operation of their repayment systems.

OECD welcomes progress towards revision of the Russian Federation's transfer pricing law

17-May-2011

OECD Secretary-General, Angel Gurría, welcomed the recent proposal of new draft transfer pricing legislation by the Russian Federation’s Ministry of Finance.

Tax: OECD welcomes progress towards revision of the Russian Federation’s transfer pricing law

17-May-2011

OECD Secretary-General, Angel Gurría, welcomed the recent proposal of new draft transfer pricing legislation by the Russian Federation’s Ministry of Finance.

Tax : Average tax burden on workers’ earnings starts to rise again, putting pressure on real after-tax pay

11-May-2011

The average tax and social security burdens on employment incomes rose in most countries in 2010, reversing a trend toward declining tax burdens seen in previous years, according to a new OECD report. In most cases, though, any rise reported was small.

Taxing Wages: Average tax burden on workers’ earnings starts to rise again, putting pressure on real after-tax pay

10-May-2011

The average tax and social security burdens on employment incomes rose in most countries in 2010, reversing a trend toward declining tax burdens seen in previous years, according to a new OECD report. In most cases, though, any rise reported was small.

OECD Model Tax Convention: a discussion draft on the meaning of “beneficial owner” is released

29-Apr-2011

The OECD Committee on Fiscal Affairs invites public comments on proposed changes to the Commentary on Articles 10, 11 and 12 of the OECD Model Tax Convention. The purpose of these changes is to clarify how the term “beneficial owner”, which is used in these Articles, should be interpreted. Comments on these proposed changes should be sent before 15 July 2011 to Jeffrey Owens, Director, CTPA (jeffrey.owens@oecd.org).

Tax: The Global Forum keeps up the pressure

14-Apr-2011

New reports by the Global Forum on Transparency and Exchange of Information for Tax purposes assess its members  ability to stop  international  tax evasion.

Belgium signs updated Convention on Mutual Administrative Assistance in Tax Matters

04-Apr-2011

Today, Belgium became the 20th country to sign the Protocol amending the Convention on Mutual Assistance in Tax Matters. 


Events

OECD publishes consultation paper on fundamental approaches to the application of value added taxes to cross-border supplies of services and intangibles

from 10-Jan-2008 to 30-Apr-2008

The OECD has today released a consultation paper, produced in co-operation with business experts and academics, that considers some of the fundamental concepts that underlie the application of value added taxes to cross-border supplies of services and intangibles. This has been produced as part of the preparatory work on the development of the OECD International VAT/GST Guidelines. Any comments on this paper should be sent to david.holmes@oecd.org and stephane.buydens@oecd.org by 30 April 2008.

Discussion draft on revised proposed changes to the Commentary on paragraph 2 of Article 15 of the OECD Model Tax Convention

from 12-Mar-2007 to 01-Jul-2007

In April 2004, Working Party No. 1 on Tax Conventions and Related Questions released for public comments draft proposals for clarification of the scope of paragraph 2 of Article 15 of the OECD Model Tax Convention with respect to the tax treaty treatment of short-term assignments.  Based on the comments received and a public consultation meeting held in January 2006, revised proposals have been prepared by the Working Party.  Comments on these revised proposals are invited before 1 July 2007.

Discussion draft on proposed commentary changes on the tax treaty treatment of services

from 08-Dec-2006 to 16-Feb-2007

The Committee on Fiscal Affairs invites comments on the discussion draft dealing with the tax treaty treatment of services.  The discussion draft includes proposed changes to the Commentary on Articles 5 and 17 of the OECD Model Tax Convention. Comments on the proposed changes should be sent to the Secretariat, to the attention of jeffrey.owens@oecd.org before Friday 17 February 2007.

Comparability: the OECD invites comment on a series of draft issues notes

from 10-May-2006 to 30-Nov-2006

The OECD releases an invitation to comment on a series of draft issues notes on comparability that was developed by the Committee on Fiscal Affairs Working Party No. 6, building on experience acquired by countries since the adoption of the Transfer Pricing Guidelines in 1995 and on comments received from the business community in response to an open questionnaire released in 2003.

International Conference on Transfer Pricing and Customs Valuation

from 03-May-2006 to 04-May-2006

The World Customs Organization (WCO) and the Organisation for Economic Co-operation and Development (OECD) held the first joint WCO/OECD Conference on Transfer Pricing and Customs Valuation in Brussels on 3-4 May 2006.

OECD Aims to Improve International Tax Disputes Mechanisms

on 13-Mar-2006

The OECD, in cooperation with the Business and Industry Advisory Committee to the OECD (BIAC) and with the support of the broader business community, held a public consultation in Tokyo to present its 2006 Public Discussion Draft and consult with business on specific proposals to improve the process for resolving international tax disputes.  Attending the conference were senior tax executives from large multinational companies, international tax experts and academics, representatives from OECD Member governments and key participants from the OECD’s groups dealing with this issue.

Joint OECD/US Business Conference on OECD Initiatives in International Taxation: Looking Ahead

from 05-Jun-2006 to 06-Jun-2006

This event, which took place in Washington, D.C. , was a one-stop-shop for U.S. business representatives to get updates on priority OECD tax work and meet OECD staff and key government officials who set tax standards for the global economy.  Featured speakers included: Senator Orrin Hatch (R-Utah); Ambassador Constance Morella, U.S. Permanent Representative to the OECD; Hal Hicks, International Tax Counsel, U.S. Department of the Treasury; Jeffrey Owens, Director, OECD Centre for Tax Policy and Administration

OECD invites comments on the application of transactional profit methods

from 28-Feb-2006 to 31-Aug-2006

The OECD is now issuing an open invitation to contribute on a number of issues in relation to transactional profit methods.  As part of its procedures for monitoring the implementation of the 1995 Transfer Pricing Guidelines, Working Party No 6 of the OECD Committee on Fiscal Affairs has selected the application of transactional profit methods as one of two areas to be considered in priority.

Recent OECD Initiatives to Resolve International Tax Disputes

on 13-Mar-2006

 The OECD Centre for Tax Policy and Administration (the CTPA) is organising, in cooperation with BIAC, a consultation between business and government on recent OECD initiatives to improve dispute settlement procedures under tax treaties.  The consultation meeting will take place on Monday, 13 March 2006, in Tokyo. 

Seminar on Tax Reform Trends held at the Institute for Fiscal Studies, Madrid

on 16-May-2005

The main purpose was to provide an open debate regarding the alternatives of tax reform in different areas: corporate and wealth taxation, personal income tax and indirect taxes and green taxation.  A selected group of experts from the OECD, the Spanish Tax Administration and the academic world took part in the debate, providing an international perspective and a multidisciplinary approach which are both essential for the designing of any tax reform.  See presentation  (also in Spanish) by Jeffrey Owens of the Centre for Tax Policy and Administration.



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