The Sultanate of Oman has become the 103rd jurisdiction to join the Inclusive Framework on Base Erosion and Profit Shifting (IF on BEPS). Members of the IF have the opportunity to work together with other OECD and G20 countries on implementing the BEPS package consistently and on developing further standards to address BEPS issues.
At present, 102 jurisdictions have publicly committed to implement the Common Reporting Standard, with 49 being committed to start exchanges this month and a further 53 taking up exchanges in September 2018.
Botswana has become the 99th jurisdiction to join the Inclusive Framework on BEPS (“IF”) and will participate on an equal footing in the BEPS Project as an Associate.
Public comments are invited on a discussion draft which provides guidance on the implementation of the approach to pricing transfers of hard-to-value intangibles described in Chapter VI of the Transfer Pricing Guidelines.
This report uses household level data covering 20 OECD countries to analyse energy affordability at current energy prices and explores how these indicators change in response to a simulated energy tax reform. The report finds that higher energy prices, needed to cut harmful carbon emissions and air pollution, can also help achieve social policy objectives.
The Inclusive Framework on BEPS welcomes Belize and the Cayman Islands among the countries and jurisdictions participating on an equal footing in the BEPS Project as Associates.
The Inclusive Framework on BEPS welcomes the British Virgin Islands and Turks and Caicos Islands among the countries and jurisdictions participating on an equal footing in the BEPS Project as Associates.
The Inclusive Framework on BEPS welcomes Malaysia among the countries and jurisdictions participating on an equal footing in the BEPS Project as Associates.
The Inclusive Framework on BEPS has released two new documents to support the global implementation of Country-by-Country (CbC) reporting (BEPS Action 13).
Saudi Arabia and Uruguay today signed the CRS Multilateral Competent Authority Agreement (CRS MCAA), re-confirming their commitment to implementing the automatic exchange of financial account information pursuant to the OECD/G20 Common Reporting Standard (CRS) in time to commence exchanges in 2018. They become the 86th and 87th jurisdictions respectively to sign the CRS MCAA.