OECD releases full version of global standard for automatic exchange of information

Taking an important step towards greater transparency and putting an end to banking secrecy in tax matters, the OECD today released the full version of a new global standard for the exchange of information between jurisdictions.

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• La OCDE da a conocer la versión completa del estándar global para el intercambio automático de información

OECD approves the 2014 update to the OECD Model Tax Convention

The OECD Council approved yesterday the contents of the 2014 update to the OECD Model Tax Convention. The update will be incorporated in a revised version of the Model Tax Convention that will be published in the next few months.

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• 2014 update to the OECD Model Tax Convention
• Tax Treaty Issues Related to Emissions Permits and Credits
• Issues related to Article 17 of the OECD Model Tax Convention

Gabon joins international efforts to end tax avoidance and evasion

Gabon has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters at a ceremony today at the OECD. Gabon is the seventh African country to sign the Convention since it was opened for signature to all countries in June 2011.

Cameroon signs the Convention on Mutual Administrative Assistance in Tax Matters

Cameroon has become the 65th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the most powerful international instrument to fight international tax avoidance and evasion.

Andorra commits to automatic exchange of information in tax matters

Andorra has become the 48th signatory to an OECD Declaration that commits countries to end bank secrecy for tax purposes.

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• Andorra se compromete a intercambiar información de forma automática en materia tributaria

Rising air pollution-related deaths taking heavy toll on society, OECD says

Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.

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• OECD: Mehr Tote durch Luftverschmutzung belasten China und Indien besonders stark

Comments received on discussion drafts on Neutralise the Effects of Hybrid Mismatch Arrangements published

OECD publishes comments received on Action 2 discussions drafts (Neutralise the Effects of Hybrid Mismatch Arrangements)

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• Aggressive Tax Planning
• Base Erosion and Profit Shifting
• Discussion Drafts & Public Consultations

Countries commit to automatic exchange of information in tax matters

Bank secrecy for tax purposes is coming to an end as countries and major financial centres commit to automatic exchange of information between jurisdictions.

Related Documents

• Automatischer Austausch von Steuerinformationen beendet Bankgeheimnis
• 諸国は税務における自動的な情報交換に取り組んでいる
• Los países se comprometen a intercambiar de forma automática información en materia tributaria

Top earners capturing growing share of total income in many countries, says OECD

The shares of the richest 1% in total pre-tax income have increased in most OECD countries over the past three decades. This rise is the result of the top 1% capturing a disproportionate share of overall income growth over that timeframe: up to 37% in Canada and 47% in the United States, according to new OECD analysis.

International community continues making progress on tax transparency

The international community continues making progress toward greater cooperation to ensure effective information exchange in tax matters. The Global Forum on Transparency and Exchange of Information for Tax Purposes issued today 12 new reports that highlight action being taken by jurisdictions to implement the international standard for exchange of information on request.