Brazil has identified a clear pathway for bringing its existing transfer pricing framework into alignment with the international consensus, and is weighing two options – immediate or gradual implementation, according to a new joint report by the OECD and Receita Federal, Brazil’s federal revenue authority (RFB).
Estonia’s economy is performing well, and public finances are in excellent shape, yet growth is softening and spending pressures from infrastructure needs and an ageing population are mounting. Efforts should now focus on improving income equality and well-being, greening growth and accelerating the country’s digital transformation, according to a new OECD report.
The OECD Working Group on Bribery considers that it is ready to conduct the Phase 3 evaluation of the Russian Federation, provided that Russia further aligns its foreign bribery offence with the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (OECD Anti-Bribery Convention) by October 2020.
GDP growth slows in most G20 economies in third quarter of 2019
OECD unemployment rate stable at 5.2% in October 2019
CLIs continue to point to below-trend growth in most major economies
Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis.
India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit. Further reforms to modernise the economy are now needed to drive the creation of high-quality jobs, as well as measures to improve public services and welfare, according to a new OECD report.
English, PDF, 260kb
Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States
OECD annual inflation stable at 1.6% in October 2019