OECD releases IT-format to support exchange of tax information on digital platform sellers
On Tuesday March 29, 2022, the OECD has released the standardised IT-format to support the electronic reporting and automatic exchange of information collected under the OECD's Model Reporting Rules for Digital Platforms (OECD 2020). These Model Rules require digital platforms to report on the income realised by those offering accommodation, transport and personal services, as well as those selling goods, through platforms and to report the information to tax authorities ...
Kamerbrief staatssecretaris over de tijdens het commissiedebat FATCA van 28 september 2021 gedane toezeggingen, onder andere over de inspanningsverplichting voor banken en de positie van ‘toeval-Amerikanen’ (Nederland)
Met een brief d.d 8 maart 2022 heeft de staatssecretaris van Financiën (Fiscaliteit en Belastingdienst) vervolg gegeven aan het verzoek van de vaste commissie voor Financiën van 13 januari 2022 om de laatste stand van zaken met betrekking tot de toezeggingen die zijn gedaan tijdens het commissiedebat FATCA van 28 september 2021 weer te geven. In de brief gaat de staatssecretaris in op de acties die de afgelopen twee maanden, ...
Global Forum organises workshop on automatic exchange of information’s effectiveness review process
The Global Forum Secretariat organised a workshop on the effectiveness review process with a focus on ensuring compliance by financial institutions in relation to the Automatic Exchange of Financial Account Information (AEOI). Held virtually on 1-2 December 2021, it was attended by over 420 participants from 84 jurisdictions. This has been announced on 3 December 2021 with a news release on the website of the OECD. Furthermore from the news ...
Tax Inspectors Without Borders continues to significantly boost domestic revenue mobilisation in spite of COVID-19 crisis
An effective capacity building initiative run by the Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP) continues to strengthen developing countries’ ability to fight tax avoidance by multinational enterprises, with operations running in 47 countries and more than USD 850 million generated in new tax revenues since July 2020. Tax Inspectors Without Borders (TIWB) provides practical, hands-on assistance to developing countries in order to ...
Global Forum Secretariat hosts virtual workshop on effective use of data from automatic exchange of information
A workshop on the effective use of data derived from the Automatic Exchange of Financial Account Information (AEOI) was organised by the Global Forum Secretariat. Held virtually on 4-5 October, it was attended by 625 participants from 89 jurisdictions. This has been announced with a news release on the website of the OECD. Furthermore from the news release: The AEOI Standard is truly global with 120 from 163 Global Forum members now committed ...
Global Forum Secretariat holds workshop on concept of foreseeable relevance
A workshop on the concept of foreseeable relevance targeted at tax officials involved in exchange of information (EOI) was organised by the Global Forum Secretariat (the Global Forum on Transparency and Exchange of Information for Tax Purposes). Held virtually on 28-29 September 2021, it was attended by 149 participants from 81 jurisdictions. This has been announced with a news release on the website of the OECD. Furthermore from the news ...
Tax Inspectors Without Borders and partners pass USD 1 billion milestone in additional tax revenues for developing countries
Through its innovative approach to audit assistance, Tax Inspectors Without Borders (TIWB) has strengthened significantly developing countries' ability to effectively tax multinational enterprises. During the fifth virtual TIWB Governing Board meeting on 27 April 2021, co-chaired by the OECD Secretary-General, Mr. Angel Gurría, and UNDP’s Administrator, Mr. Achim Steiner, participants celebrated the mobilisation of more than USD 1 billion in additional tax revenues for developing countries, with nearly three times ...
International community reaches important milestone in fight against tax evasion. First Peer Review of the Automatic Exchange of Financial Account Information released
New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published on 9 December 2020 by the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum). This has been announced by the OECD in a press release dated ...
Global Forum’s Peer Review of the Automatic Exchange of Financial Account Information re the Netherlands. Overall determination on the legal framework: ‘in place but needs improvement’ (the Netherlands)
New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published on 9 December 2020 by the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum). This has been announced by the OECD in a press release dated ...
Global Forum’s Peer Review of the Automatic Exchange of Financial Account Information re Sint Maarten. Overall determination on the legal framework: ‘not in place’ (Sint Maarten)
New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published on 9 December 2020 by the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum). This has been announced by the OECD in a press release dated ...
Global Forum’s Peer Review of the Automatic Exchange of Financial Account Information re Curaçao. Overall determination on the legal framework: ‘not in place’ (Curaçao)
New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published on 9 December 2020 by the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum). This has been announced by the OECD in a press release dated ...
Global Forum’s Peer Review of the Automatic Exchange of Financial Account Information 2020 re Aruba. Overall determination on the legal framework: ‘not in place’ (Aruba)
New international standards on the automatic exchange of information for tax purposes have so far been satisfactorily implemented by countries worldwide, marking an important milestone in the global fight against tax evasion, according to a new report published on 9 December 2020 by the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum). This has been announced by the OECD in a press release dated ...
OECD Secretary-General Tax Report to G20 Leaders presented during the November 2020 meeting
On 23 November 2020, the OECD Secretary-General Tax Report to G20 Leaders was presented during the November 2020 meeting in Saudi Arabia. Click here to go to the report (pdf) on the website of the OECD. This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and ...
Global Forum Secretariat delivers new Confidentiality and Information Security Management toolkit to assist in the implementation of the Automatic Exchange of Information Standard
The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) has worked since 2014 to support its members in implementing the Automatic Exchange of Information Standard developed by the OECD (AEOI Standard). Ensuring compliance with the extensive confidentiality and information security management (ISM) requirements has been at the core of this process. This has been announced by the OECD in a press release dated 1 December ...
First peer reviews of automatic exchange of financial account information to be published during annual meeting of the Global Forum on Transparency on 9-11 December 2020
The Global Forum on Transparency and Exchange of Information for Tax Purposes will hold its annual plenary meeting on 9-11 December 2020. The 2020 Global Forum Plenary Meeting, to be held virtually, will bring together representatives of the Forum’s membership for three days of discussions under the theme: "Transparency for Tax Purposes in the time of COVID-19 – Working together to promote the fairness of tax systems and generate revenue." This ...
International community continues making progress against offshore tax evasion
The international community continues making tremendous progress in the fight against offshore tax evasion, as implementation of innovative transparency standards by the Global Forum on Transparency and Exchange of Information for Tax Purposes moves countries ever closer to the goal of eradicating banking secrecy for tax purposes. This was announced in a press release dated 29 June 2020 on the website of the OECD. Nearly 100 countries carried out automatic exchange of ...
First meeting of the Global Forum’s peer review group on the effective implementation of automatic exchange of tax information
The Global Forum on Transparency and Exchange of Information for Tax Purposes recently established an Automatic Exchange of Information Peer Review Group (APRG) to take forward its work on ensuring the effective implementation of the Standard for Automatic Exchange of Financial Account Information in Tax Matters (the AEOI Standard). Comprised of 34 Global Forum members, the APRG held its first meeting on 16-18 March 2020 to discuss key issues in ensuring ...
Public comments received on the 2020 Review of Country-by-Country Reporting (BEPS Action 13 Minimum Standard
The OECD is grateful to the commentators for their input on the 2020 Review of Country-by-Country Reporting (BEPS Action 13 Minimum Standard) and has published the public comments received. This was announced with a press release published on 9 March 2020 the website of the OECD. From the press release. On 6 February 2020, interested parties were invited to provide comments. For more information, click here to go to the press ...
OECD releases IT-tools to support the implementation of TRACE and the wider exchange of tax information
On 25 February 2020, the OECD released IT-formats and guidance to support the technical implementation of the OECD Treaty Relief and Compliance Enhancement (TRACE) initiative, as well as to facilitate the wider use of the OECD Common Transmission System (CTS) for the exchange of information between tax administrations. This was announced with a press release published on the website of the OECD. From the press release: TRACE is a standardised ...
Verslag vaste commissie voor financiën van de Tweede Kamer met antwoorden staatssecretaris over hoofdlijnen eerste pijler van een nieuw internationaal stelsel voor belastingheffing in een digitaliserende economie (Nederland)
De vaste commissie voor Financiën heeft een aantal vragen en opmerkingen voorgelegd aan de Staatssecretaris van Financiën over de brief van 10 oktober 2019 over hoofdlijnen van de eerste pijler van een nieuw internationaal stelsel voor belastingheffing in een digitaliserende economie (Kamerstuk 32 140, nr. 60). De vragen en opmerkingen zijn op 21 november 2019 aan de Staatssecretaris van Financiën voorgelegd. Bij brief van 10 februari 2020 zijn de vragen ...
OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting
The Inclusive Framework on BEPS has released additional interpretative guidance to give greater certainty to tax administrations and MNE Groups on the implementation and operation of Country-by-Country (CbC) Reporting (BEPS Action 13). The new guidance makes clear that, under the BEPS Action 13 minimum standard, the automatic exchange of CbC reports filed under local filing rules is not intended. The release of the report was announced in a press release ...
Eerste suppletoire begroting 2019 in Publicatieblad (Curaçao)
Op 12 december 2019 is de Landsverordening van de 9de december 2019 [in de aanhef van de landsverordening staat per abuis de datum “9dedecember 2010” vermeld; red.] tot wijziging van de Landsverordening van de 28ste december 2018 tot vaststelling van de Begroting van Curaçao voor het dienstjaar 2019 (Eerste Suppletoire begroting 2019) uitgegeven in het Publicatieblad van Curaçao, jaargang 2019, nr. 80 (P.B. 2019 no. 80). De onderhavige landsverordening strekt ...
Effective use of Automatic Exchange of information – a role for Tax Inspectors Without Borders
Tuesday 26th of November marked an important milestone for the Organisation for Economic Co-operation and Development and the United Nations Development Programme Tax Inspectors Without Borders initiative (TIWB) with the launch of a project on automatic exchange of information (AEOI). The project, which will be co-ordinated with the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum), was unveiled during its 10th Anniversary Meeting in Paris, France. This ...
Eerste suppletoire begroting 2019 – Nota naar aanleiding van het Verslag (Curaçao)
Op de website van de Staten van Curaçao is de Nota naar aanleiding van het Verslag geplaatst met betrekking tot de behandeling van de Ontwerplandsverordening tot wijziging van de Landsverordening van de 28ste december 2018 tot vaststelling van de Begroting van Curaçao voor het dienstjaar 2019 (Eerste Suppletoire Begroting 2019) (zittingsjaar 2029-2020-153). Bij wijze van attendering zetten wij de Nota naar aanleiding van het Verslag hierbij naar u door, zonder ...
Caribisch Douaneverdrag ter stilzwijgende goedkeuring overgelegd aan parlement, goedkeuring wordt voor het gehele Koninkrijk gevraagd. Advies Raad van State ook openbaar
Bij brief van 14 oktober 2019 heeft de Minister van Buitenlandse Zaken het Verdrag tot oprichting van de Caribische Douane Organisatie en inzake wederzijdse administratieve bijstand in douanezaken; Havana, 22 mei 2019 (Trb. 2019, 108) (hierna: “het Verdrag”) ter stilzwijgende goedkeuring overgelegd aan de Voorzitter van de Tweede Kamer der Staten-Generaal. Een toelichtende nota werd bijgevoegd. De goedkeuring wordt voor het gehele Koninkrijk gevraagd. Aan de Gouverneurs van Aruba, Curaçao ...
Eerste suppletoire begroting 2019 Curaçao: bijstelling ramingen belastingopbrengsten
Onlangs is de ontwerplandsverordening tot wijziging van de Landsverordening van de 28ste December 2018 tot vaststelling van de Begroting van Curaçao voor het dienstjaar 2019. (Eerste Suppletoire begroting 2019) (Beleidsdeel) (Zittingsjaar 2019-2020-153) behandeld in een vergadering van de Centrale Commissie van de Staten. De onderhavige ontwerplandsverordening strekt er toe de wijziging van de begroting van het land voor het dienstjaar 2019 bij landsverordening vast te stellen. Op 28 december 2018 ...
Release of TIWB 2018/19 annual report: “Four years on and half a billion dollars later – Tax Inspectors Without Borders”
Tax Inspectors Without Borders (TIWB) assistance has delivered nearly USD 500 million in additional revenue for developing countries through April 2019, according to the latest TIWB annual report, as announced in a press release dated 25 September 2019 published on the website of the OECD. The release of the report was already announced in a press release dated 18 September 2019. From the press release dated 25 September 2019: The ...
Ontwerpbegroting 2020 Curaçao: stelposten subsidie – voorbereidingen om in 2020-Q1 belastingen en premies in te houden op betalingen aan gesubsidieerde instellingen (Curaçao)
Op 10 september 2019 heeft de regering van Curaçao de ontwerpbegroting 2020 aangeboden aan de Staten van Curaçao: de Ontwerplandsverordening tot vaststelling van de begroting van Curaçao voor het dienstjaar 2020 (zittingsjaar 2019-202-151). Met een artikel in het CFN van 13 september 2019 rapporteerden wij hier reeds over. Tevens rapporteerden wij over het advies op basis artikel 11 Rft van het College financieel toezicht Curaçao en Sint Maarten (Cft); zie dit ...
Ontwerpbegroting 2020 Curaçao: Beleidsthema SOAW implementatiemechanisme: subsidiebeleid en overdrachten – online koppelen softwaresysteem ministerie van SOAW met Bevolkingsregister, bestanden Inspectie der Belastingen, SVB en Aqualectra (Curaçao)
Op 10 september 2019 heeft de regering van Curaçao de ontwerpbegroting 2020 aangeboden aan de Staten van Curaçao: de Ontwerplandsverordening tot vaststelling van de begroting van Curaçao voor het dienstjaar 2020 (zittingsjaar 2019-202-151). Met een artikel in het CFN van 13 september 2019 rapporteerden wij hier reeds over. Tevens rapporteerden wij over het advies op basis artikel 11 Rft van het College financieel toezicht Curaçao en Sint Maarten (Cft); zie dit ...
Ontwerpbegroting 2020 Curaçao: onderstand en noodvoorzieningen – Raad van Advies vraagt of bij de neerwaartse aanpassing rekening is gehouden met dreigende verdere toename werkloosheid bij inwerkingtreding belasting- en accijnsverhogingen waardoor aantal onderstandbehoeftigen waarschijnlijk zal toenemen (Curaçao)
Op 10 september 2019 heeft de regering van Curaçao de ontwerpbegroting 2020 aangeboden aan de Staten van Curaçao: de Ontwerplandsverordening tot vaststelling van de begroting van Curaçao voor het dienstjaar 2020 (zittingsjaar 2019-202-151). Met een artikel in het CFN van 13 september 2019 rapporteerden wij hier reeds over. Tevens rapporteerden wij over het advies op basis artikel 11 Rft van het College financieel toezicht Curaçao en Sint Maarten (Cft); zie dit ...
