Global Forum Secretariat delivers new toolkit to help countries become Party to the Convention on Mutual Administrative Assistance in Tax Matters

The COVID-19 crisis has brought renewed attention to the role and importance of multilateral co-operation in combating tax evasion and helping fiscal consolidation. In line with its mandate to deliver technical assistance and support capacity building, the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) has now produced a Toolkit for Becoming a Party to the Convention on Mutual Administrative Assistance in ...
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Landsbesluit machtiging Sector-directeur Fiscale Zaken om Curaçao te vertegenwoordigen bij de ondertekening van de overeenkomst met de VS inzake de uitwisseling van CbC-reports. Te ondertekenen overeenkomst aangehecht (Curaçao)

Bij Landsbesluit van 13 januari 2020 is de Sector-directeur Fiscale Zaken van het Ministerie van Financiën, gemachtigd om de openbare rechtspersoon Curaçao te vertegenwoordigen bij de ondertekening van de aan het landsbesluit gehechte overeenkomst ter uitvoering van artikel 4 van het Verdrag tussen het Koninkrijk der Nederlanden, ten behoeve van de Nederlandse Antillen en de Regering van de Verenigde Staten van Amerika inzake de uitwisseling van gegevens met betrekking tot ...
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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 ...
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OECD releases further guidance for tax administrations and MNE Groups on CbC-reporting

The OECD/G20 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). This was announced in a press release on the website of the OECD. From the press release: The new guidance includes questions and answers on, amongst other topics, the treatment of dividends received, the operation of local ...
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OECD/G20 CbC Reporting Compilation of Peer Review Reports: key findings re Curaçao

The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide. This was announced in a press release published on the website of the OECD. The report also contains a paragraph regarding Curaçao. Curaçao – summary of key findings Curaçao was first reviewed during the ...
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OECD/G20 CbC Reporting Compilation of Peer Review Reports: key findings re Aruba

The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide. This was announced in a press release published on the website of the OECD. The report also contains a paragraph regarding Aruba. Aruba – summary of key findings The key findings as summarized in ...
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OECD/G20 Inclusive Framework on BEPS delivers tax transparency: Action 13 Country-by-Country reporting shows big progress

The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide. This was announced in a press release published on the website of the OECD. CbC reporting, one of the four minimum standards of the BEPS Project, requires tax administrations to collect and share detailed ...
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OECD releases international exchange framework for CRS-related mandatory disclosure rules and updates its XML schemas for the exchange of CRS, CbC and tax ruling information

In order to support the automatic exchange of information collected under the OECD's Model Mandatory Disclosure Rules (MDRs) on Common Reporting Standard (CRS) Avoidance Arrangements and Opaque Offshore Structures, on Thursday 27 June 2019 the OECD has released the international administrative and operational framework for the exchange of information collected under the MDRs. This was announced with a press release published on the website of the OECD. The MDR exchanges will be based ...
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OECD expands transfer pricing country profiles to cover 55 countries

The OECD has released new transfer pricing country profiles for Chile, Finland and Italy, bringing the total number of countries covered to 55. In addition, the OECD has updated the information contained in the country profiles for Colombia and Israel, according to a press release dated 18 June 2019 on the website of the OECD. These country profiles reflect the current state of legislation and practice in each country regarding the application ...
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Handleiding gegevensaanlevering van landenrapporten betreffende aanvullende documentatieverplichtingen verrekenprijzen (CbC) en Guidelines (Curaçao)

Op de websites van het Ministerie van Financiën van Curaçao respectievelijk van de Belastingdienst van Curaçao is informatie en documentatie geplaatst met betrekking tot de gegevensaanlevering van landenrapporten betreffende aanvullende documentatieverplichtingen verrekenprijzen (Country-by-Country-reporting, CbC). Het betreft de Handleiding gegevensaanlevering van landenrapporten betreffende aanvullende documentatieverplichtingen verrekenprijzen (CbC), zowel in het Nederlands als in het Engels, en de Guidelines for the appropriate use of information contained in CbC reports and consultations between ...
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OECD and SAT hold joint workshop on the experience of country-by-country reporting of tax information

Tax officials from 21 jurisdictions met this week in Yangzhou, People's Republic of China, to share experiences from the first year of country-by-country reporting and explore how information can be used most effectively in the tax risk assessment of MNE groups. This was announced in a press release dated 27 September 2018 as published on the website of the OECD. From the press release: The workshop, organised jointly by the ...
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OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13)

The Inclusive Framework on BEPS has released additional interpretative guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13). The release of the new guidance was announced in a press release dated 13 September 2018 as published on the website of the OECD. The new guidance includes questions and answers on the treatment of dividends received and the number of employees ...
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OECD releases seven new transfer pricing country profiles and an update of a previously-released profile

The OECD has published new transfer pricing country profiles for Costa Rica, Greece, Republic of Korea, Panama, Seychelles, South Africa and Turkey. In addition, it has also updated the information contained in Singapore’s profile. The country profiles are now available for 52 countries. This was announced in a press release of 7 September 2018 as published on the website of the OECD. The OECD continues to publish and update the transfer pricing ...
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OECD/IMF Report on Tax Certainty – 2018 Update

On 22 July 2018, the OECD/IMF Report on Tax Certainty – 2018 Update was published on the website of the OECD. This report was originally published as Annex 3 to the OECD Secretary-General Tax Report to the G20 Finance Ministers and Central Bank Governors, which was issued on 22 July 2018 after the G20 Finance Ministers meeting in Buenos Aires, Argentina (see a separate article in today’s CFN-issue). This report from ...
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OECD tax report to G20 Finance Ministers. Includes status regarding Aruba, Curaçao and Sint Maarten

On 22 July 2018, the OECD Secretary-General report to the G20 Finance Ministers and Central Bank Governors was published on the website of the OECD. The report contains two parts. Part I is a report on the activities and achievements of the OECD’s tax agenda, and is made of two subparts: looking back at significant achievements and looking ahead at the further progress needed, in particular through the OECD/G20 Inclusive ...
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