Global Minimum Tax: Inclusive Framework releases a package to strengthen consistency and certainty for MNEs and jurisdictions
On Friday Septembnr 11, 2026, the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) released a package to support the consistent implementation and application of the Global Minimum Tax, including a framework for the full legislative review process, updates to the GloBE Information Return (GIR), and new guidance on the application of the GloBE Model Rules. This has been announced with a news release on the website of the OECD. The ...
GloBE Information Return September 2026 Update released, incorporates the Side-by-Side Package released in January 2026
Today, Friday September 11, 2026, an update of the GloBE Information Return (September 2026) has been released by the Inclusive Framework on BEPS. Click here to go to the page regarding this document on the website of the OECD. The GloBE Information Return (GIR) sets out a standardised information return designed to facilitate compliance with and administration of the Global Minimum Tax. Following its initial release in 2023, the Inclusive ...
Jurisdictions make further progress in addressing harmful tax practices under new review methodology (BEPS Action 5)
The latest peer review results on preferential tax regimes highlight jurisdictions’ continued efforts to address harmful tax practices through the implementation of BEPS Action 5 minimum standard, according to this news release on the website of the OECD. Further from the news release. First time revised peer review methodology At its 65th meeting held in May 2026, the OECD Forum on Harmful Tax Practices (FHTP) applied for the first time ...
Consolidated Commentary to the Global Anti‑Base Erosion Model Rules provides comprehensive guidance on the interpretation and application of the GloBE Rules
On Thursday May 28th, 2026, the report ‘Consolidated Commentary to the Global Anti‑Base Erosion Model Rules (2026)’ of the Inclusive Framework on BEPS was released on the website of the OECD. Addressing the tax challenges arising from the digitalisation of the economy has been a key priority of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). In October 2021, over 135 jurisdictions joined a ground-breaking plan to ...
Global minimum tax: Release of a common understanding of implementing jurisdictions and further administrative guidance to support compliance
To support the implementation of the Global Minimum Tax (GMT) and mitigate the impact of any potential delays in the availability of fully operational filing portals or exchange relationships, jurisdictions implementing the GMT from 2024 (“2024 Implementing Jurisdictions”) have agreed a common understanding to preserve the administrative and compliance benefits of the central filing mechanism for the GloBE Information Return (GIR). This has been announced with a news release on ...
OECD and IISD sign an agreement to strengthen co-operation on domestic resource mobilisation, deepening their work to address BEPS-related risks in mining and support countries in implementing international tax reforms
The International Institute for Sustainable Development (IISD) and the Organisation for Economic Co-operation and Development (OECD) have formalised their partnership with the signing of a Memorandum of Understanding (MoU) in the margins of the Platform for Collaboration on Tax’s 2026 Conference on Tax and Development, held on 2-3 March, in Tokyo, Japan. This has been announced with a news release on the website of the OECD. The agreement builds on ...
New Head of Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes
Ms Maria José Garde, a Spanish national, has been appointed the new Head of Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum), at the OECD Centre for Tax Policy and Administration in Paris, France. She will take up her duties on 23 March 2026. This has been announced with a news release on the website of the OECD. In this role, Ms ...
Jurisdictions make further progress in addressing harmful tax practices and strengthening transparency (BEPS Action 5)
The latest peer review results on preferential tax regimes and no or only nominal tax jurisdictions highlight continued progress by jurisdictions worldwide to ensure their tax systems do not enable harmful tax practices and enhance transparency, in line with the BEPS Action 5 minimum standard. This has been announced with a news release on the website of the OECD. New conclusions on four regimes During its meeting in November 2025, ...
OECD releases revised version of the Manual on Effective Mutual Agreement Procedures (MEMAP) to strengthen tax treaty dispute resolution
The OECD released updated guidance by the Inclusive Framework on BEPS, aimed at improving tax certainty by helping tax administrations and taxpayers resolve cross-border tax treaty disputes in an efficient, effective and timely manner. This has been announced with a news release on the website of the OECD. The Manual on Effective Mutual Agreement Procedures (MEMAP): 2026 Edition serves as a roadmap for navigating the Mutual Agreement Procedures (MAP) and includes practical ...
New peer review results show strong compliance with BEPS Action 5 minimum standard on the exchange of information on tax rulings
On December 17, 2025, the 2024 Peer Review Reports on the Exchange of Information on Tax Rulings have been published on the website of the OECD. Under the BEPS Action 5 minimum standard, Members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have committed to counter harmful tax practices with a focus on improving transparency. One part of the Action 5 minimum standard is the transparency ...
Peer review report 2024 on the exchange of information on tax rulings: Sint Maarten has met all aspects of the terms of reference for the calendar year 2024, no recommendations are made
On December 17, 2025, the 2024 Peer Review Reports on the Exchange of Information on Tax Rulings have been published on the website of the OECD. Under the BEPS Action 5 minimum standard, Members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have committed to counter harmful tax practices with a focus on improving transparency. One part of the Action 5 minimum standard is the transparency ...
Peer review report 2024 on the exchange of information on tax rulings: Curaçao has met all aspects of the terms of reference for the calendar year 2024, except for (i) identifying rulings within the scope of the framework and under which category they fall, and (ii) completing exchanges in accordance with the timelines. The two recommendations received in the prior report remain in place
On December 17, 2025, the 2024 Peer Review Reports on the Exchange of Information on Tax Rulings have been published on the website of the OECD. Under the BEPS Action 5 minimum standard, Members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have committed to counter harmful tax practices with a focus on improving transparency. One part of the Action 5 minimum standard is the transparency ...
Peer review report 2024 on the exchange of information on tax rulings: Aruba has met all aspects of the terms of reference for the calendar year 2024, no recommendations are made
On December 17, 2025, the 2024 Peer Review Reports on the Exchange of Information on Tax Rulings have been published on the website of the OECD. Under the BEPS Action 5 minimum standard, Members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have committed to counter harmful tax practices with a focus on improving transparency. One part of the Action 5 minimum standard is the transparency ...
Tax certainty and Mutual Agreement Procedures: OECD released new statistics on tax disputes, showing positive outcomes but with challenges remaining. OECD also the results of the 2024 MAP and APA Awards and the 2025 Update of the Consolidated Information on Mutual Agreement Procedures
At the 7th OECD Tax Certainty Day held on Friday, October 31, 2025, the OECD released new statistics on Mutual Agreement Procedures (MAPs) and Advance Pricing Arrangement (APAs), providing a comprehensive view of how jurisdictions resolve cross-border tax disputes and prevent double taxation. This has been announced with a news release on the website of the OECD. The MAP statistics form part of the BEPS Action 14 Minimum Standard and ...
Brazil signs the Multilateral BEPS Convention
Brazil signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the BEPS Convention), becoming the 106th jurisdiction to join the landmark agreement to strengthen tax treaties, which now covers around 2 000 bilateral tax treaties. This represents an important milestone in the implementation of treaty-related BEPS measures and the strengthening of the global tax treaty network. This has been announced with a ...
Argentina deposits its instrument of ratification of the Multilateral BEPS Convention
Argentina deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention), underlining its strong commitment to prevent the abuse of tax treaties and base erosion and profit shifting (BEPS) by multinational enterprises. The BEPS Convention will enter into force on 1 January 2026 for Argentina. This has been announced with a news release on the website ...
‘A Decade of the BEPS Initiative’ shows how the BEPS Project has changed the conversation on international tax
On Wednesday October 15, 2025, the report ‘A Decade of the BEPS Initiative’ was published on the website of the OECD. It concerns an Inclusive Framework Stocktake Report to G20 Finance Ministers and Central Bank Governors and shows how the BEPS Project has changed the conversation on international tax. Background The base erosion and profit shifting (BEPS) Project was designed to address concerns that the international tax system had not ...
Eighth peer review on BEPS Action 13: Progress continues in strengthening tax transparency through Country-by-Country Reporting
On Tuesday, September 23, 2025, the OECD released the latest annual peer review results on the implementation of BEPS Action 13 on Country-by-Country Reporting covering 142 Inclusive Framework on BEPS members. This has been announced with a news release on the website of the OECD. Click here to go to the page regarding this peer review report on the website of the OECD. The BEPS Action 13 minimum standard on Country-by-Country ...
Eighth peer review on BEPS Action 13 on Country-by-Country Reporting: Curaçao continues to meet all terms of reference, no recommendations issued
On Tuesday, September 23, 2025, the OECD released the latest annual peer review results on the implementation of BEPS Action 13 on Country-by-Country Reporting covering 142 Inclusive Framework on BEPS members. This has been announced with a news release on the website of the OECD. The BEPS Action 13 minimum standard on Country-by-Country reporting (CbC) requires tax administrations to collect and share detailed information on all large MNEs doing business ...
Eighth peer review on BEPS Action 13 on Country-by-Country Reporting: Aruba continues to meet all terms of reference, no recommendations issued
On Tuesday, September 23, 2025, the OECD released the latest annual peer review results on the implementation of BEPS Action 13 on Country-by-Country Reporting covering 142 Inclusive Framework on BEPS members. This has been announced with a news release on the website of the OECD. The BEPS Action 13 minimum standard on Country-by-Country reporting (CbC) requires tax administrations to collect and share detailed information on all large MNEs doing business ...
OECD releases revised BEPS Action 5 Transparency Framework and Exchange on Tax Rulings XML Schema
On Monday, September 8, 2025, the OECD released a set of revisions to the BEPS Action 5 minimum standard on the spontaneous exchange of information on tax rulings (the “transparency framework”). This has been announced with a news release on the website of the OECD. As part of its ongoing monitoring efforts, the OECD/G20 Inclusive Framework on BEPS has completed a review of the transparency framework’s effectiveness, in line with ...
Inclusive Framework on BEPS reports continuing progress towards making tax dispute resolution more effective
The OECD released 36 new peer review results under BEPS Action 14 on Mutual Agreement Procedures (MAP), highlighting continued progress by members of the Inclusive Framework on BEPS that have committed to implementing the Action 14 minimum standard, which seeks to improve the resolution of treaty-related disputes through the MAP. This has been announced with a news release on the website of the OECD. Further from the news release: The ...
Peer review report on tax dispute resolution (MAP): Overall Curaçao meets almost all the elements of the BEPS Action 14 Minimum Standard
This week, the OECD released 36 new peer review results under BEPS Action 14 on Mutual Agreement Procedures (MAP), highlighting continued progress by members of the Inclusive Framework on BEPS that have committed to implementing the Action 14 minimum standard, which seeks to improve the resolution of treaty-related disputes through the MAP. The new Assessment Methodology for the Action 14 peer reviews includes a simplified peer review process, for jurisdictions ...
Antigua and Barbuda signs the Multilateral BEPS Convention, reducing opportunities for tax avoidance by multinational enterprises
Antigua and Barbuda signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the BEPS Convention) at a signing ceremony held in Paris on Wednesday, becoming the 105th jurisdiction to join the landmark agreement to strengthen tax treaties, which now covers around 2000 bilateral tax treaties. This represents an important milestone in the implementation of treaty-related BEPS measures and the strengthening of the ...
OECD updates transfer pricing country profiles with new insights on hard-to-value intangibles and simplified distribution rules
The OECD has published updated transfer pricing country profiles reflecting the current transfer pricing legislations and practices of 11 jurisdictions and issued for the first time the profiles of Azerbaijan and Pakistan. This has been announced with a news release on the website of the OECD. Further from the news release: These latest country profiles present country-specific information on the transfer pricing treatment of hard-to-value intangibles and the simplified and ...
Consolidated Commentary to the Global Anti-Base Erosion Model Rules (2025) released
On May 9, 2025 the Consolidated Commentary to the Global Anti-Base Erosion Model Rules (2025) has been released on the website of the OECD. A key part of the OECD/G20 BEPS Project is addressing the tax challenges arising from the digitalisation of the economy. In October 2021, over 135 jurisdictions joined a ground-breaking plan to update key elements of the international tax system which is no longer fit for purpose ...
Council of the EU agrees to enhance cooperation and information exchange on minimum effective corporate taxation
The Council of the European Union (EU) reached a political agreement last Tuesday on a new EU directive (DAC9) that will improve administrative cooperation in the field of taxation. This has been announced in a press release on the website of the Council of the European Union. The Commission presented the DAC9 proposal on 17 October 2024. The European Parliament was consulted on the proposal and issued its opinion on ...
Countering harmful tax practices: Peer review on exchange of information on tax rulings shows high level of compliance with BEPS Action 5 minimum standard
On Monday December 16, 2024, the OECD/G20 Inclusive Framework on BEPS released the latest peer review assessments for 136 jurisdictions in relation to the spontaneous exchange of information on tax rulings. This has been announced with a news release on the website of the OECD. This is the eighth annual peer review of the implementation of the BEPS Action 5 minimum standard on tax rulings, which aims to provide tax ...
Peer review on exchange of information on tax rulings: Sint Maarten has met all aspects of the terms of reference for the year in review, no recommendations are made
On Monday December 16, 2024, the OECD/G20 Inclusive Framework on BEPS released the latest peer review assessments for 136 jurisdictions in relation to the spontaneous exchange of information on tax rulings. This has been announced with a news release on the website of the OECD. This is the eighth annual peer review of the implementation of the BEPS Action 5 minimum standard on tax rulings, which aims to provide tax ...
Peer review on exchange of information on tax rulings: Curaçao has met all aspects of the terms of reference for the year in review, except for (a) identifying rulings within the scope of the transparency framework (and under which category of rulings they fall) and (b) completing exchanges of information on rulings in accordance with the timelines, for which two points Curaçao receives two recommendations
On Monday December 16, 2024, the OECD/G20 Inclusive Framework on BEPS released the latest peer review assessments for 136 jurisdictions in relation to the spontaneous exchange of information on tax rulings. This has been announced with a news release on the website of the OECD. This is the eighth annual peer review of the implementation of the BEPS Action 5 minimum standard on tax rulings, which aims to provide tax ...
