OECD releases BEPS peer review reports on improving tax dispute resolution mechanisms and preventing treaty shopping

Progress continues with the implementation of the BEPS package, as the OECD releases additional peer review reports assessing countries’ efforts to implement the Action 6 and Action 14 minimum standards as agreed under the OECD/G20 BEPS Project. The release of these reports has been announced with a press release dated 14 February 2019 as published on the website of the OECD. ACTION 6: PREVENTING THE GRANTING OF TREATY BENEFITS IN ...

OECD releases 14 additional country profiles containing key aspects of transfer pricing legislation

The OECD has published new transfer pricing country profiles for Australia, China (People’s Republic of), Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden and Uruguay respectively, according to a press release on the website of the OECD.  These new profiles reflect the current transfer pricing legislation and practices of each country. The profiles of Belgium and the Russian Federation have also been updated. The country profiles are now ...

Termination Netherlands Antilles – Estonia Savings Agreement; remains applicable with respect to Sint Maarten

  The Kingdom of the Netherlands and the Republic of Estonia have signed exchange of notes of 22 and 29 December 2016 exchange of notes of 22 and 29 December 2016 in which they have declared that the Agreement between the Kingdom of the Netherlands and the Republic of Estonia concerning the automatic exchange of information regarding savings income in the form of interest payments (hereafter the “Convention”) will no longer ...