Tax: Governments concerned that some corporations unfairly claim losses to avoid taxes

The economic crisis means global corporate losses have increased significantly. Though most of these claims are justified, some corporations use ‘aggressive tax planning’ to avoid taxes. Governments are working together to detect and deter these undue tax advantages.

The OECD Standard Transmission Format Version 2.1 user guide

The OECD Standard Transmission Format Version 2.1 user guide

Corporate Loss Utilisation through Aggressive Tax Planning

Corporate losses raise compliance risks if aggressive tax planning is used as a means of increasing or accelerating tax relief in ways not intended by the legislator, or to generate artificial losses. This report describes the size of loss carry-forwards, the rules applicable in relation to losses, and identifies the following risk areas: corporate reorganisations, financial instruments and non-arm’s length transfer pricing. After

Related Documents

• Addressing Tax Risks Involving Bank Losses
• Building transparent tax compliance by banks
• Study into the Role of Tax Intermediaries
• Framework for a Voluntary Code of Conduct for Revenue Bodies and Banks
• Aggressive Tax Planning

Dispute Resolution: Country Mutual Agreement Procedure Statistics for 2010

As part of its ongoing work on the mutual agreement procedure (MAP) under tax treaties, the OECD makes available to the public annual statistics on the MAP caseloads of member countries and of certain non-OECD economies. MAP statistics have now been released for 2010.

Related Documents

• 2007 Report: Improving the Resolution of Tax Treaty Disputes

Also Available

• Mutual Agreement Procedure Statistics for 2011

Can India achieve double-digit growth?

In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries.

Related Documents

• Economic Survey of India 2011

Outcomes of public consultation VAT/GST Guidelines on Neutrality

Following the invitation for public comment on the VAT/GST Guidelines on Neutrality, the OECD has now published the comments received. These comments were very supportive of the Guidelines and will be used to develop further guidance on their implementation in practice.

ESTONIA - Public sector spending efficiency: healthcare and local government

The Estonian fiscal position is much better than in many OECD countries, the country stands out for having a rather lean government sector and the authorities are striving for efficient use of existing resources.

Related Documents

• Economic Survey of Estonia 2011

Public comments received on the administrative aspects of transfer pricing

8 July 2011 - On 9 March 2011, the OECD released an invitation to comment on the administrative aspects of transfer pricing. This was followed on 10 June 2011 by the release of a document containing a “Multi-country Analysis of Existing Transfer Pricing Simplification Measures” on which comments were also invited.

OECD International VAT/GST Guidelines on Neutrality

The VAT/GST Guidelines on Neutrality have been approved by the Committee on Fiscal Affairs on 28 June 2011. These consist of six guidelines on applying VAT/GST as a tax that is neutral for businesses, including foreign businesses. They form part of the OECD International VAT/GST Guidelines.

Challenges in Designing Competitive Tax Systems

Countries must boost international co-operation as they redesign their tax systems to meet future revenue needs and economic competitiveness challenges, said OECD Secretary-General Angel Gurría.