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  • 22-February-2021

    English

    OECD agrees new peer review process to foster transparency on tax rulings

    In order to maintain and further improve transparency on tax rulings, the OECD/G20 Inclusive Framework on BEPS, which groups over 135 countries and jurisdictions on an equal footing for multilateral negotiation of international tax rules, approved the process for the BEPS Action 5 peer review of the transparency framework for the years 2021 to 2025.

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  • 18-February-2021

    English

    Croatia and Malaysia deposit their instrument of ratification for the Multilateral BEPS Convention

    Croatia and Malaysia deposited their instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (Multilateral Convention or MLI), which now covers over 1700 bilateral tax treaties, thus underlining their strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Croatia and Malaysia, the MLI will enter into force on 1 June 2021.

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  • 18-February-2021

    English

    Leading tax administrations release details of the ICAP multilateral tax risk assurance programme to provide early certainty for tax administrations and MNEs

    Today, the OECD Forum on Tax Administration (FTA) released a new handbook for the International Compliance Assurance Programme, which for the first time is being run as a full programme open to all FTA member tax administrations.

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  • 17-February-2021

    English

    Uganda commits to start automatic exchange of financial account information by 2023

    Uganda has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2023. The commitment made by the Minister of Finance, Planning and Economic Development, the honorable Matia Kasaija, makes Uganda the 116th Global Forum member to commit to start AEOI by a specific date.

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  • 17-February-2021

    English

    New report highlights successful delivery of Global Forum Secretariat’s capacity-building activities during challenging year

    The 2021 Global Forum capacity building report Developing Capacities in Times of COVID-19 published today sets out the large amount of support activities conducted by the Global Forum. Despite challenging conditions, the Global Forum Secretariat ensured the continuity of its capacity-building programme in 2020, while increasing its support to jurisdictions.

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  • 16-February-2021

    English

    OECD releases the final batch of the stage 1 peer review reports for BEPS Action 14 on dispute resolution mechanisms

    The stage 1 peer review assessments for Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Trinidad and Tobago, Saint Kitts and Nevis, Thailand, United Arab Emirates and Viet Nam evaluate the efforts made by each jurisdiction to implement the Action 14 minimum standard of the OECD/G20 BEPS Project, which aims to improve the resolution of tax-related disputes between jurisdictions.

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  • 9-February-2021

    English

    New OECD self-assessment tool to assist tax administrations in managing operational risks

    A new diagnostic tool on enterprise risk management released today will allow tax administrations to self-assess their capacity and capability to manage operational risks across their organisation and to identify possible areas for improvement.

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  • 3-February-2021

    English

    AEOI pilot project between Albania, Italy and the Global Forum Secretariat concludes successfully

    In 2014, Albania was among the few non-G20 developing countries, which do not host a financial centre, to commit to implement the AEOI standard by a specific date. To support its commitment, it benefitted from a pilot project with Italy and the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum).

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  • 25-January-2021

    English

    Better use of energy taxes could strengthen developing country finances while cutting pollution

    Developing countries could raise much-needed public revenues, while cutting emissions and air pollution, by making better use of energy taxes and reducing energy subsidies, according to a new OECD report.

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  • 21-January-2021

    English

    OECD/G20 Inclusive Framework on BEPS to meet at plenary level on 27-28 January 2021

    The OECD/G20 Inclusive Framework on BEPS will hold its biannual plenary meeting on 27-28 January 2021.

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