Tax challenges of digitalisation: Public comments received on Amount B under Pillar One relating to the simplification of transfer pricing rules

The OECD/G20 Inclusive Framework on BEPS received public comments on Amount B under Pillar One relating to the simplification of transfer pricing rules. This has been announced with a news release on the website of the OECD. On 17 July 2023, as part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the ...

OECD invites public input on Amount B under Pillar One relating to the simplification of transfer pricing rules

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy and following the agreed Outcome Statement, the OECD is seeking public comments on Amount B under Pillar One. This has been announced with a news release on the website of the OECD. Further from the news release: Amount B provides for a ...

138 Countries and jurisdictions agree historic milestone to implement global tax deal

Tuesday, July 11, 2023, 138 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) - representing over 90% of global GDP - agreed an Outcome Statement recognising the significant progress made and allowing countries and jurisdictions to move forward with historic, major reform of the international tax system. This has been announced with a news release on the website of the OECD. Further from the news release: The Two‐Pillar ...

OECD launches new version of the BEPS Multilateral Convention Matching Database to further support international tax co-operation

A new and improved version of the database supporting the application of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "BEPS MLI") has been released and will allow tax authorities and other interested parties to make projections on how the MLI modifies a specific tax treaty. This has been announced with a news release on the website of the OECD. Further ...

First edition of Tax Transparency in Latin America report outlines growing role of tax transparency and exchange of information in helping Latin American governments fight financial crimes and mobilise resources

On 12 July 2021, the report Tax Transparency in Latin America 2021 was published. The report is a key output of the Punta del Este Declaration, a Latin American initiative to tackle tax evasion, corruption and other financial crimes through transparency and exchange of information (EOI) for tax purposes. This has been announced with a press release on the website of the OECD. Furthermore from the press release: The report analyses the ...

OECD announces further developments in international tax co-operation

On 16 March 2017 the OECD announced further developments in international tax co-operation. These developments hold, inter alia, that six treaty partners of Hong Kong (China), including the Netherlands, signed a competent authority agreement (CAA) with Hong Kong (China). CFN • Caribisch Fiscaal Nieuwsblad will monitor whether the CAA between Hong Kong and the Netherlands was signed by the Netherlands also on behalf of one or more of the Caribbean ...