News & Events

OECD invites comments on the scoping of its future project on the Transfer Pricing Aspects of Intangibles

02-Jul-2010

from 2-Jul-2010 to 15-Sept-2010
The OECD is considering starting a new project on the Transfer Pricing Aspects of Intangibles and is inviting comments from interested parties on the scoping of such a project. Comments should be sent before 15 September 2010 to Jeffrey Owens, Director, CTPA (jeffrey.owens@oecd.org).

Expert meeting on “Tax Competition Between Sub-Central Governments” held in Switzerland

16-Jun-2010

An expert meeting on “Tax competition between sub-central governments” was held 31 May - 1 June, 2010 in Bern, Switzerland. The meeting addressed the tax competition issue at sub-central level, looking at the impact of tax competition and the policies that could help reap its benefits while reducing its cost.

U.S. Commissioner of Internal Revenue Douglas H. Shulman speaks before the OECD/BIAC

10-Jun-2010

On 8 June, U.S. Commissioner of Internal Revenue Douglas H. Shulman spoke before the OECD/BIAC in Washington, D.C. Addressing the OECD and leaders in the international tax and business community, he discussed important developments of the past year from an international tax perspective that included the continued increased cooperation and coordination among countries on tax issues.

Tax: Brazil, Indonesia ranked as implementing international information standard

03-Jun-2010

As a result of details provided to the Global Forum on Transparency and Exchange of Information for Tax Purposes, Brazil and Indonesia are now ranked in the category of jurisdictions that have substantially implemented the internationally agreed tax standard.

OECD releases report on granting of treaty benefits with respect to the income of collective investment vehicles

31-May-2010

The OECD Committee on Fiscal Affairs has released a Report which contains proposed changes to the Commentary on the OECD Model Tax Convention dealing with the question of the extent to which either collective investment vehicles (CIVs) or their investors are entitled to treaty benefits on income received by the CIVs. These changes are expected to be included in the 2010 Update to the Model Tax Convention (the draft contents of which were released on 21 May 2010).

L’OCDE publie un rapport sur l'Octroi des Bénéfices des Conventions Fiscales aux Revenus d'Organismes de Placement Collectif

31-May-2010

Le Comité des Affaires fiscales de l’OCDE a publié un rapport incluant des propositions de modification aux Commentaires du Modèle de Convention fiscale de l’OCDE portant sur la question de savoir dans quelle mesure les organismes de placement collectif ou les investisseurs dans ces organismes ont droit aux avantages des conventions fiscales à l’égard des revenus reçus par ces organismes. Il est prévu que ces modifications seront incluses dans la mise-à-jour 2010 du Modèle de Convention fiscale (dont le contenu a été rendu public le 21 mai 2010).

A boost to multilateral tax cooperation: 15 countries sign updated Convention on Mutual Administrative Assistance in Tax Matters

27-May-2010

The OECD and the Council of Europe have developed a Protocol amending the multilateral Convention on Mutual Administrative Assistance in Tax Matters. Today, the updated Convention was presented to Ministers and Ambassadors attending the annual OECD Ministerial meeting held in Paris and was signed by 11 countries already Parties to the Convention (Denmark, Finland, Iceland, Italy, France, Netherlands, Norway, Sweden, Ukraine, the United Kingdom and the United States). In addition, Korea, Mexico, Portugal and Slovenia signed both the Convention and the amending Protocol.

Draft Contents of the 2010 Update to the Model Tax Convention

21-May-2010

The OECD Committee on Fiscal Affairs has just released the draft contents of the next update to the OECD Model Tax Convention (the 2010 Update) prepared by Working Party 1 of the Committee. The update will be submitted for approval of the Committee in June and the OECD Council in July. As all the substantive contents of the 2010 Update have previously been released for comments through various discussion drafts, this draft is released for information only and not for additional comments.

Strengthening tax systems for development

12-May-2010

The first meeting of the OECD’s informal Task Force on Tax and Development held yesterday agreed to assist developing countries to develop effective tax systems. Taxes, as India’s Revenue Secretary, Sunil Mitra, pointed out, are the key mechanism for achieving development goals.

The Task Force included OECD tax and development communities with international organizations, NGOs and business. 

The Task Force will reduce duplication, enable key stakeholders to work together and focus on developing countries needs and escape from aid dependency.

Tax : Average tax burden on workers’ earnings fell in most OECD countries last year

11-May-2010

Average tax and social security burdens on employment incomes fell slightly in 24 out of 30 OECD countries last year as governments struggled to shore up faltering economies amid the worst recession in decades. But whether this trend will continue this year is uncertain given the widespread pressures on public budgets.