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Global Forum issues tax transparency compliance ratings for nine jurisdictions as membership rises to 150

The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today nine peer review reports assessing compliance with international standards on tax transparency.

Fiscal Federalism Network - News & Events

The OECD Network on Fiscal Relations across Levels of Government provides analysis and statistical underpinnings on the relationship between central and subcentral government, and its impact on efficiency, equity and macroeconomic stability.

Revenue Statistics in Latin America and the Caribbean 2018

Latin America and the Caribbean: Tax revenues expected to recover after dip in 2016

Tax revenues in Latin America and the Caribbean (LAC) dipped in 2016, falling further behind average OECD country levels, but a recovery is likely in subsequent years, according to Revenue Statistics in Latin America and the Caribbean 2018. The average tax-to-GDP ratio stood at 22.7% in 2016, a fall of 0.3 percentage points since 2015, the report says.

Milestone in BEPS implementation: Multilateral BEPS Convention will enter into force on 1 July following Slovenia’s ratification

The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the “Convention”) will enter into force on 1 July 2018, marking a significant step in international efforts to update the existing network of bilateral tax treaties and reduce opportunities for tax avoidance by multinational enterprises.

Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

The multilateral instrument (MLI) will implement a series of tax treaty measures to update international tax rules and lessen the opportunity for tax avoidance by multinational enterprises. A second signing ceremony took place at the OECD on 24 January 2018.

OECD releases additional guidance on the attribution of profits to a permanent establishment under BEPS Action 7

The additional guidance resulting sets out high-level general principles, which countries agree are relevant and applicable in attributing profits to PEs in accordance with applicable treaty provisions. It also provides examples on the attribution of profits to certain types of PEs arising from the changes to the PE definition under BEPS Action 7.

Additional Guidance on the Attribution of Profits to a Permanent Establishment under BEPS Action 7

This report contains additional guidance on the attribution of profits to permanent establishments resulting from the changes in the Report on BEPS Action 7 to Article 5 of the OECD Model Tax Convention.

BEPS Actions

Developed in the context of the OECD/G20 BEPS Project, the 15 BEPS actions equip governments with domestic and international instruments to address tax avoidance, ensuring that profits are taxed where economic activities generating the profits are performed and where value is created. Under the inclusive framework, over 100 countries and jurisdictions are now collaborating to implement the BEPS measures and tackle BEPS.

G20 Finance Ministers and Central Bank Governors Meeting: International Tax Challenges

Last March you asked the OECD to deliver, by 2020, a report on the tax challenges related to the growing digitalisation of the world economy.