Internationaal

On 21 November 2017, the OECD Council approved the contents of the 2017 Update to the OECD Model Tax Convention (the OECD Model). The 2017 Update, which was previously approved by the Committee on Fiscal Affairs on 28 September 2017, will be incorporated in a revised version of the OECD Model that will be published in the next few months. The 2017 Update primarily comprises changes to the OECD Model that were developed through ...

Personal income taxes are playing an increasingly significant role in the tax mix as revenues from social security contributions and consumption taxes fall, and corporate tax collections remain low, according to a new OECD report. For more information, click here to go to the press release referred to above dated 23 November 2017 on the website of the OECD. CFN-artikelnr. 20171124-7 BRONDOCUMENT BRON: www.oecd.org Land/gebiedsdeel: OECD Betreft: Social security contributions, ...

200 Delegates from more than 90 delegations met in Yaoundé, Cameroon for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions. The meeting took place last week, 15-17 November 2017. The Global Forum adopted the first report on the status of implementation of the AEOI Standard a few weeks after almost 50 countries started exchanges of information ...

Bij brief van 7 november 2017 aan de Voorzitters van de Eerste en van de Tweede Kamer der Staten-Generaal heeft de Minister van Buitenlandse Zaken het op 14 juli 2017 te Philipsburg van een luchtvaartverdrag inzake het luchtvervoer tussen Sint Maarten en de Verenigde Staten van Amerika: het Luchtvaartverdrag tussen het Koninkrijk der Nederlanden, ten behoeve van Sint Maarten, en de Verenigde Staten van Amerika inzake het luchtvervoer tussen Sint ...

In het CFN van 22 september 2017, nr. 2017/35, maakten wij er reeds melding van dat het Koninkrijk der Nederlanden en de Republiek Kroatië nota’s van 19 december 2016 en 7 juli 2017 hebben verklaard, onder verwijzing naar het intrekken van Richtlijn 2003/48/EEG van de Raad van 3 juni 2003 betreffende belastingheffing op inkomsten uit spaargelden in de vorm van rentebetaling (PbEU 2003, L 157), dat de overeenkomst tussen het ...

The Peer Review Report on the Exchange of Information on Request in relation to Curaçao 2017 (Second Round) released today by the Global Forum on Transparency and Exchange of Information for Tax Purposes, concludes that Curaçao is rated “Partially-Compliant” overall. The report – full name: Global Forum on Transparency and Exchange of Information for Tax Purposes: Curaçao 2017 (Second Round). Peer Review Report on the Exchange of Information on Request, ...

Het Verdrag tussen het Koninkrijk der Nederlanden, ten behoeve van de Nederlandse Antillen, en de Caymaneilanden zoals gemachtigd krachtens de volmacht van 1 september 2009 van het Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland inzake de uitwisseling van informatie betreffende belastingen (Trb. 2009, 217; Trb. 2010, 162, hierna: “het Verdrag”), treedt per 1 december 2017 in werking. Dat kan worden opgemaakt uit een melding in de verdragenbank op www.overheid.nl. Hieruit kan ...

In a press release on the website of the OECD, the publication of the second round peer review report for Curaçao has been announced to take place during the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, in Yaoundé, Cameroon on 15-17 November 2017. During the 10th meeting of the Global Forum, new efforts to ensure a worldwide level playing field and global implementation ...

New efforts to ensure a worldwide level playing field and global implementation of transparency standards will top the agenda during the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, in Yaoundé, Cameroon on 15-17 November 2017, according to a press release dated 9 November 2017 on the website of the OECD. Global Forum members will discuss key developments in the areas of exchange of ...

More than 200 global tax and economic crime experts have identified key areas for international action following the Fifth OECD Forum on Tax and Crime, in London. In a week dominated by media coverage of offshore issues, the Forum brought experts on tax, customs, anti-corruption, anti-money laundering, policing, and prosecution together to agree priorities for action. This follows from a press release of 8 November 2017 on the website of the ...

International tax experts gathered on Friday 3 November 2017 at the OECD in Paris to share experiences and identify best practices in the implementation of Tax Inspectors Without Borders (TIWB) programmes, according to a press release on the website of the OECD (www.oecd.com). Launched as a joint OECD/UNDP initiative in 2015, TIWB facilitates the deployment of international tax audit experts to work alongside tax administrations in developing countries on complex international tax ...

The OECD has published updated versions of transfer pricing country profiles (TPCP), reflecting the current transfer pricing legislation and practices of 31 participating countries. The country profiles contain up-to-date and harmonised information on key aspects of transfer pricing legislation, provided by countries themselves. For more information, click here to go to the announcement referred to above dated 6 November 2017 on the website of the OECD. CFN-artikelnr. 20171110-9 BRONDOCUMENT BRON: www.oecd.org Land/gebiedsdeel: ...

Het op 15 juli 2015 te Addis Abeba tot stand gekomen Verdrag tussen het Koninkrijk der Nederlanden en de Republiek Zambia tot het vermijden van dubbele belasting en het voorkomen van ontgaan van belasting met betrekking tot belasting naar het inkomen (Trb. 2015, 113 en Trb. 2016, 47 (34 503)) (hierna: het Verdrag) is nu ook door de Eerste Kamer goedgekeurd. Het wetsvoorstel Goedkeuring belastingverdrag met Zambia (34.503) werd op ...

On 22 September 2017, interested parties were invited by the OECD to provide comments on the tax challenges of digitalisation. The OECD has published the public comments received in a document dated 25 October 2017: Tax Challenges of Digitalisation. Comments received on the Request for Input (Part I and Part II). The request for input outlined the background on the work regarding the tax challenges of digitalisation from the BEPS Action 1 ...

On 24 October 2017, the OECD released new implementation guidance to promote the effective collection of consumption taxes on cross-border sales. This guidance will support the consistent implementation of internationally agreed standards for the VAT treatment of cross-border trade and is of particular relevance given the rapid and ongoing digitalisation of the economy. The new guidance - Mechanisms for the Effective Collection of VAT/GST Where the Supplier Is Not Located ...

Op 24 oktober 2017 is het op 15 juli 2015 te Addis Abeba tot stand gekomen Verdrag tussen het Koninkrijk der Nederlanden en de Republiek Zambia tot het vermijden van dubbele belasting en het voorkomen van ontgaan van belasting met betrekking tot belasting naar het inkomen (Trb. 2015, 113 en Trb. 2016, 47 (34 503)) (hierna: het Verdrag) door de Tweede Kamer goedgekeurd. Het voorstel van wet van 21 juni 2016 ...

The OECD will hold two public consultations on transfer pricing matters, 6-7 November 2017 at the OECD Conference Centre in Paris, France, according to an announcement this week on the website of the OECD. The events will focus on matters covered by two discussion drafts published in June 2017, on which written comments have been invited and which deal with the following issues: Revised Guidance on Profit Splits and: Attribution ...

On 16 October 2017 the report “Harmful Tax Practices - 2017 Progress Report on Preferential Regimes, Inclusive Framework on BEPS: Action 5” was released by the OECD. This report provides details on the outcome of peer reviews undertaken of 164 preferential tax regimes identified amongst the more than 100 jurisdictions participating in the OECD Inclusive Framework on BEPS. See the separate item in today’s CFN regarding said report: “Harmful Tax Practices ...

Governments have dismantled, or are in the process of amending, nearly 100 preferential tax regimes as part of the OECD/G20 BEPS standards to improve the international tax framework, according to a progress report released by the OECD/Inclusive Framework on 16 October 2017.  The report “Harmful Tax Practices - 2017 Progress Report on Preferential Regimes, Inclusive Framework on BEPS: Action 5” provides details on the outcome of peer reviews undertaken of ...

De Minister van Buitenlandse Zaken heeft op 10 oktober 2017 aan de Tweede Kamer der Staten-Generaal de lijst van in voorbereiding zijnde verdragen waarover thans wordt onderhandeld, met als peildatum 30 september 2017, aangeboden. Deze lijst bevat, naast onder meer een aantal investeringsverdragen en luchtvaartverdragen die van belang zijn voor de Caribische delen van het Koninkrijk, ook een aantal in onderhandeling zijnde belastingverdragen, een aantal fiscale inlichtingenverdragen en verdragen tot ...

Op 13 oktober 2017 is in het Tractatenblad van het Koninkrijk der Nederlanden, jaargang 2017, nr. 170 (Trb. 2017, 170) de vertaling gepubliceerd van de op 23 juni 2017 te Port Louis tot stand gekomen Notawisseling tussen het Koninkrijk der Nederlanden en de Republiek Mauritius inzake een uitbreiding tot Aruba, Curaçao, Sint Maarten en het Caribische deel van Nederland (Bonaire, Sint Eustatius en Saba) van het Verdrag tussen het Koninkrijk der Nederlanden ...

Met een brief van 11 oktober 2017 heeft de Nederlandse staatssecretaris van Financiën gevolg gegeven aan het verzoek van de vaste commissie voor Financiën van de Tweede Kamer van 28 september 2017 om de laatste stand van zaken inzake de FATCA weer te geven. Op Prinsjesdag is de Tweede Kamer in de moties- en toezeggingenbrief voor het laatst geïnformeerd over de FATCA. Zie hierover ook het CFN van 29 september ...

On 11 October 2017, the OECD announced that a further step was taken to implement Country-by-Country Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA"). Over 1000 automatic exchange relationships have now been established among jurisdictions committed to exchanging CbC Reports as of mid-2018, including those between EU Member States ...

On 22 June 2017, interested parties were invited by the OECD to provide comments on two discussion drafts. The first discussion draft on Attribution of Profits to Permanent Establishments, which deals with work in relation to Action 7 ("Preventing the Artificial Avoidance of Permanent Establishment Status") of the BEPS Action Plan; and a second one on Revised Guidance on Profit Splits, which deals with work in relation to Actions 8-10 ("Assure ...

The Forum on Tax Administration (FTA) is the leading international body concerned with tax administration. The FTA, which brings together Tax Commissioners from 50 advanced and emerging tax administrations (including OECD and G20 countries), held its Plenary meeting in Oslo on 27-29 September. In an item dated of 29 September 2017, the OECD brings forward the key themes as discussed during the Plenary.  At the close of said meeting a communiqué was released which ...

Het Koninkrijk der Nederlanden heeft de overeenkomst tussen het Koninkrijk, ten behoeve van de Nederlandse Antillen, en het Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland betreffende automatische gegevensuitwisseling inzake inkomsten uit spaargelden in de vorm van rentebetaling (Willemstad, 12 april 2005) op 8 juni 2017 opgezegd overeenkomstig artikel 13 in de verhouding tussen Nederland (het Caribische deel) en het Verenigd Koninkrijk van Groot-Brittannië en Noord-Ierland, blijkens de publicatie in het Tractatenblad ...

In a press release of 25 September 2017, the OECD announces that heads of tax administrations meet in Oslo, Norway, 27-29 September for the 11th meeting of the Forum on Tax Administration (FTA). The Forum on Tax Administration brings together Tax Commissioners from 50 of the most advanced tax administrations worldwide, including OECD and G20 countries, to work collaboratively on global tax administration challenges and take collective action to achieve ...

As we reported today in a separate article, the Netherlands is among the first six peer review reports on implementation of BEPS minimum standards on improving tax dispute resolution mechanisms which were released by the OECD on 26 September 2017. Interesting to learn for the Dutch Caribbean tax practice is that the treaty analysis in the peer review relating to the Netherlands also includes, as we understand, the “Tax Arrangement ...

On 26 September 2017, as part of continuing efforts to improve the international tax framework, the OECD has released the first analysis of individual country efforts to improve dispute resolution mechanisms. The six peer review reports represent the first evaluation of how countries are implementing new minimum standards agreed in the OECD/G20 BEPS Project. The first six peer review reports relate to implementation by Belgium, Canada, the Netherlands, Switzerland, the United ...

The OECD is seeking public comments on key issues identified in a request for input related to the tax challenges raised by digitalisation and the potential options to address these challenges, according to an announcement of 22 September 2017 on the OECD’s website. The request for input outlines the background on the work regarding the tax challenges of digitalisation from the BEPS Action 1 report and invites comments on the impact of digitalisation on ...