On 11 July 2022, as part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD invited public comments on the Progress Report on Amount A of Pillar One to assist members in further refining and finalising the relevant rules.
The Global Forum published today eight new peer review reports on transparency and exchange of information on request (EOIR) for the Cook Islands, Ecuador, Finland, Pakistan, Poland, Portugal, Sint Maarten and Sweden.
Ministers have issued a joint statement at the conclusion of the annual Ministerial Council Meeting today. Chaired by Italy, with Mexico and Norway as Vice-Chairs, Members met for discussions around the theme of "The Future We Want: Better Policies for the Next Generation and a Sustainable Transition".
Tax revenues in Latin America and the Caribbean (LAC) fell by 8.0% on average in nominal terms and by 0.8% as a share of GDP in 2020 because of the COVID-19 pandemic, according to a new report released today. However, the region’s economic recovery and a rebound in commodity prices supported a recovery in tax revenues in 2021.
The OECD and Brazil's Receita Federal (RFB) held a joint high-level event in Brasília, Brazil, to present the key features of Brazil’s proposed new transfer pricing system.
The implementation of the BEPS package to tackle international tax avoidance continues to progress, as the OECD releases the latest peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project.
The Global Forum Secretariat and the OECD Centre for Tax Policy and Administration’s Global Relations and Development division released a new course today to help tax officials better understand the Standard for Automatic Exchange of Financial Account Information in Tax Matters (CRS-AEOI)
Following the political agreement reached in October 2021 by over 135 countries to address the tax challenges arising from the digitalisation and globalisation of the economy, work on the implementation aspects of reform is underway. See how the 140+ members of the Inclusive Framework on BEPS intend to consult stakeholders during this next phase.
La OCDE publica hoy unas normas detalladas para asistir en la implementación de una reforma histórica al sistema fiscal internacional, que asegurará que las EMN estén sujetas a un tipo impositivo mínimo del 15 % a partir de 2023.
Ukraine has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2023. The commitment made by Prime Minister of Ukraine, Mr Denys Shmyhal, makes Ukraine the 118th Global Forum member to commit to start AEOI by a specific date.