Malaysia today signed the Multilateral Competent Authority Agreement, re-confirming its commitment to implement automatic exchange of financial account information in time to commence exchanges in 2018.
On 17 December 2015 Greenland signed the Multilateral Competent Authority Agreement, re-confirming its commitment to implement automatic exchange of financial account information in time to exchange in 2017.
Monaco today signed the Multilateral Competent Authority Agreement, which confirms its commitment to implement automatic exchange of financial account information in time to exchange in 2018.
On 1 December 2015 the OECD agreed on a common way forward in response to a request submitted by the European Commission pursuant to a mandate from EU Member States to include additional fields in the CRS XML Schema. This request was made further to the work of the European Commission and the EU Member States on the implementation of the Standard for Automatic Exchange of Financial Information in Tax Matters within the European Union.
OECD urges efforts to better price carbon as new analysis finds that 90% of CO2-emissions are priced below EUR 30 per tonne, a low-end estimate of climate damage, and 60% are not priced at all. Effective Carbon Rates in the OECD and Selected Partner Economies calculates effective carbon rates (ECR) on CO2-emissions from energy use for 41 countries which together use 80% of global emissions.
Corporate tax revenues have been falling across OECD countries since the global economic crisis, putting greater pressure on individual taxpayers to ensure that governments meet financing requirements, according to new data from the OECD’s annual Revenue Statistics publication.
Revenue Statistics 2015 provides annual data on government tax revenues, including the tax to GDP ratio, revenues collected by central, state and regional governments, and the relative importance of personal and corporate income tax, social security contributions and taxes on goods and services in the tax mix.
Niue today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention provides for all forms of administrative assistance in tax matters: exchange of information on request, spontaneous exchange, automatic exchange, tax examinations abroad, simultaneous tax examinations and assistance in tax collection. It guarantees extensive safeguards for the protection of taxpayers’ rights.
Israel signed today the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, making it the 91st jurisdiction to join the world’s leading instrument for boosting transparency and combating offshore tax evasion.
El pasado 17 y 18 de noviembre de 2015 se celebró una nueva reunión regional, así como un taller gubernamental sobre BEPS para la región de América Latina y el Caribe.