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 ...
OECD releases Transfer Pricing Guidance on Financial Transactions
On 11 February 2020, the OECD released the report Transfer Pricing Guidance on Financial Transactions: Inclusive Framework on BEPS: Actions 4, 8-10. This was announced in a press release published on the website of the OECD. In October 2015, as part of the final BEPS package, the OECD/G20 published the reports on Action 4 (Limiting Base Erosion Involving Interest Deductions And Other Financial Payments) and Actions 8-10 (Aligning Transfer Pricing Outcomes with ...
OECD Secretary-General Tax Report to G20 Finance Ministers
On 9 October 2019 the OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors was released. From the Overview in the report: “Overview G20 support for modernising the international tax rules has been instrumental over the past 10 years in ending bank secrecy, considerably improving tax co-operation, and strengthening the rules to counter base erosion and profit shifting (BEPS) by multinational companies. However, further progress is needed ...
OECD leading multilateral efforts to address tax challenges from digitalisation of the economy
On 9 October 2019, the OECD Secretariat published a proposal to advance international negotiations to ensure large and highly profitable Multinational Enterprises, including digital companies, pay tax wherever they have significant consumer-facing activities and generate their profits. This was announced in a press release published on the website of the OECD. From the press release: The new OECD proposal brings together common elements of three competing proposals from member countries, and is ...