international taxation

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD secretariat on 29 March 2021 invited public comments on proposed changes to the commentaries on Article 9 and related articles of the OECD Model Tax Convention. The OECD is grateful to commentators for their input and has published the comments received. This has been announced with a press release on the website of the OECD ...

On 1 June, the European Commission announced the launch of the European Tax Observatory: a new research laboratory to assist in the EU's fight against tax abuse. Refer to the announcement in this press release on the website of the European Commission. Furthermore from the press release: Funded by the European Union, the Tax Observatory will support EU policy-making through cutting-edge research, analysis and data-sharing. The Observatory will be fully ...

On 18 May, the European Commission adopted a Communication on Business Taxation for the 21st century to promote a robust, efficient and fair business tax system in the European Union. It sets out both a long-term and short-term vision to support Europe’s recovery from the COVID-19 pandemic and to ensure adequate public revenues over the coming years. It aims to create an equitable and stable business environment, which can boost sustainable and ...

Saturday 5 June 2021, the G7 has agreed to back an historic international agreement on global tax reform which delivers on the Chancellor’s promise for big international companies to start paying their fair share. Following years of discussions, finance ministers agreed to reforms which will see multinationals pay their fair share of tax in the countries they do business, according to a news release on the website of the G7 UK ...

Onlangs heeft Nederland een belastingverdrag gesloten met Cyprus. Dit is bekendgemaakt met een nieuwsbericht op rijksoverheid.nl. Het ‘Verdrag tussen het Koninkrijk der Nederlanden en de Republiek Cyprus tot het vermijden van dubbele belasting met betrekking tot belastingen naar het inkomen en het voorkomen van het ontduiken en ontwijken van belasting’ (met Protocol; Nicosia, 1 juni 2021) is op 10 juni 2021 gepubliceerd in het Tractatenblad van het Koninkrijk der Nederlanden, ...

Op 3 juni 2021 zijn de op 15 oktober 2020 door de Commissie van Beheer wijzigingen van Bijlage 6 bij de Douaneovereenkomst inzake het internationale vervoer van goederen onder dekking van carnets TIR (TIR-Overeenkomst) gepubliceerd in het Tractatenblad van het Koninkrijk der Nederlanden, jaargang 2021, no. 73 (Trb. 2021, 73). Het betreft wijzigingen van de artikelen 6, 20 en 38 van de Overeenkomst, alsook wijzigingen van de Bijlagen 6 en ...

Bij brief d.d. 12 mei 2021 heeft de Minister van Buitenlandse Zaken aan de Staten-Generaal de op 6 februari 2020 te Genève tot stand gekomen wijziging van de Douaneovereenkomst inzake het internationale vervoer van goederen onder dekking van carnets TIR (TIR-Overeenkomst) (Trb. 2021, nr. 19) ter stilzwijgende goedkeuring overgelegd aan de Staten-Generaal, met toelichtende nota. Op 7 april 2021 had de Raad van State over deze wijziging al advies uitgebracht, ...

Op 1 juni 2021 is het op 28 april 2021 te Panama-Stad tot stand gekomen Verdrag tussen het Koninkrijk der Nederlanden en de Republiek Panama inzake wederzijdse administratieve bijstand in douanezaken (Panama-Stad, 28 april 2021) gepubliceerd in het Tractatenblad van het Koninkrijk der Nederlanden, jaargang 2021, nr. 72 (Trb. 2021, 72). Wat het Koninkrijk der Nederlanden betreft, is dit Verdrag van toepassing op: a. zijn grondgebied in Europa en het ...

On 19 May 2021, the OECD released a new report – Tax Co-operation for Development: Progress report in the COVID-19 era – looking back on the past year showing how developing countries have interacted with the OECD on a range of tax policy and administration issues. These include participating in the development and implementation of inclusive international standards; country-level capacity building programmes delivered through a variety of platforms and modalities; guidance and ...

On 3 May 2021, the Conference of the Parties to the Multilateral Instrument (MLI) approved an opinion that sets out a series of guiding principles for addressing questions about the interpretation and implementation of the MLI. Those principles, discussed and approved by the Conference of the Parties to the MLI, were drawn from public international law, the design of the MLI itself, and its drafting history. This has been announced with a ...

Inheritance taxation can be an important instrument to address inequality, particularly in the current context of persistently high wealth inequality and new pressures on public finances linked to the COVID-19 pandemic, according to a new OECD report: Inheritance Taxation in OECD Countries. This has been announced with a press release on the website of the OECD on the occasion of the release of the report. Furthermore from the press release ...

Op 31 mei 2021 zal het Verdrag tussen het Koninkrijk der Nederlanden en het Vorstendom Liechtenstein tot het vermijden van dubbele belasting met betrekking tot belastingen naar het inkomen en het vermogen en het voorkomen van het ontduiken en ontwijken van belasting, met Protocol; Bern, 3 juni 2020) (Trb 2020, 60) in werking treden. Dit is bekendgemaakt in het Tractatenblad van het Koninkrijk der Nederlanden van 7 mei 2021, jaargang ...

The Organisation for Economic Co-operation and Development (OECD) and the Cercle de réflexion et d’échange des dirigeants des administrations fiscales (CREDAF) signed a renewal of their Memorandum of Understanding (MoU) agreeing to extend their collaboration in promoting fair and efficient tax systems and enhancing the efficiency and effectiveness of tax administrations for a further three years. This has been announced with a press release on the website of the OECD. Furthermore from ...

The COVID-19 crisis has resulted in the largest decrease in taxes on wages since the global financial crisis of 2008-09, according to a new OECD report: Taxing Wages 2021. This has been announced with a press release on the website of the OECD on the occasion of the release of the report. Furthermore from the press release referred to above: The COVID-19 crisis has resulted in the largest decrease in ...

Through its innovative approach to audit assistance, Tax Inspectors Without Borders (TIWB) has strengthened significantly developing countries' ability to effectively tax multinational enterprises. During the fifth virtual TIWB Governing Board meeting on 27 April 2021, co-chaired by the OECD Secretary-General, Mr. Angel Gurría, and UNDP’s Administrator, Mr. Achim Steiner, participants celebrated the mobilisation of more than USD 1 billion in additional tax revenues for developing countries, with nearly three times ...

Tax revenues rose moderately across Latin America and the Caribbean (LAC) in 2019 before declining sharply in 2020 as the COVID-19 pandemic drove down global economic activity, according to new analysis released today in the tax policy publication “Revenue Statistics in Latin America and the Caribbean” on the occasion of XXXIII edition of the Regional Fiscal Policy Seminar hosted virtually by the United Nations’ Economic Commission for Latin America and the Caribbean (UN-ECLAC) ...

On Thursday 22 April 2021, the tenth edition of the tax policy publication “Revenue Statistics in Latin America and the Caribbean” has been launched on the occasion of XXXIII edition of the Regional Fiscal Policy Seminar hosted virtually by the United Nations’ Economic Commission for Latin America and the Caribbean (UN-ECLAC) and partners. The launch event is organised in collaboration with the co-authors of the publication: UN-ECLAC, the Inter-American Center of Tax Administrations ...

Digital platforms can play an important role in the application of Value Added Taxes/Goods and Services Taxes (VAT/GST) policies in the sharing and gig economy, according to a new OECD report “The Impact of the Growth of the Sharing and Gig Economy on VAT/GST Policy and Administration”. This has been announced with a press release on the website of the OECD on the occasion of the release of the report ...

Progress continues with the implementation of the BEPS package to tackle international tax avoidance, as the OECD releases the latest peer review report assessing jurisdictions' efforts to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project: Prevention of Tax Treaty Abuse – Third Peer Review Report on Treaty Shopping (Inclusive Framework on BEPS: Action 6, OECD/G20 Base Erosion and Profit Shifting ...

Op 24 maart 2021 is het ontwerp van wet tot wijziging van de Wet bronbelasting 2021 in verband met de invoering van een aanvullende bronbelasting op dividenden naar laagbelastende jurisdicties en in misbruiksituaties (Wet invoering conditionele bronbelasting op dividenden) aangeboden aan de Tweede Kamer der Staten-Generaal. Klik hier om naar de overzichtspagina inzake dit wetsvoorstel op de website van de Tweede Kamer te gaan of klik hier voor een pdf ...

On 1 April 2021, the OECD released the latest peer review report assessing jurisdictions' efforts to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project: Prevention of Tax Treaty Abuse – Third Peer Review Report on Treaty Shopping (Inclusive Framework on BEPS: Action 6, OECD/G20 Base Erosion and Profit Shifting Project, OECD Publishing, Paris). The release was announced with a press ...

On 1 April 2021, the OECD released the latest peer review report assessing jurisdictions' efforts to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project: Prevention of Tax Treaty Abuse – Third Peer Review Report on Treaty Shopping (Inclusive Framework on BEPS: Action 6, OECD/G20 Base Erosion and Profit Shifting Project, OECD Publishing, Paris). The release was announced with a press ...

On 25 March 2021, the OECD, in its capacity as Depositary of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI), has published the Arbitration Profiles of 30 jurisdictions applying Part VI on Arbitration of the MLI and an opinion of the Conference of the Parties to the MLI. This has been announced with a press release on the website of ...

On Wednesday 31 March 2021, twelve no or only nominal tax jurisdictions began their first tax information exchanges under the Forum on Harmful Tax Practice’s (FHTP) global standard on substantial activities. The standard ensures that mobile business income can no longer be parked in a low tax jurisdiction without the core business functions being carried out from that jurisdiction and that the countries where the parent entities and beneficial owners ...

Bij brief d.d. 19 maart 2021 heeft de Minister van Buitenlandse Zaken, overeenkomstig het bepaalde in artikel 2, eerste lid, en artikel 5, eerste lid, van de Rijkswet goedkeuring en bekendmaking verdragen, het op 14 september 2020 te Sofia tot stand gekomen verdrag tussen het Koninkrijk der Nederlanden en de Republiek Bulgarije tot het vermijden van dubbele belasting met betrekking tot belastingen naar het inkomen en het voorkomen van het ...

The Minister of Finance of Sint Maarten, Ardwell Irion, and the President of the Overseas Collectivity of St. Martin, Daniel Gibbs, together with their delegation, met on Friday March 19th to discuss how both sides of the island could achieve tax cooperation. With the support of the department of Foreign Affairs, both parties expressed the desire for research into areas of possible tax harmonization, highlighted gaps in the systems and ...

The Platform for Collaboration on Tax (PCT) – a joint initiative of the IMF, OECD, UN and World Bank Group – released the final version of the ‘Toolkit on Tax Treaty Negotiations’ along with its web-based, interactive edition. This has been announced with a press release on the website of the OECD. Furthermore from the press release: The PCT's Toolkit on Tax Treaty Negotiations is an effort to provide capacity-building support to ...

On 26 February 2021, the OECD has published the “OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors – Italy February 2021”. Click here to go to the report on the website of the OECD. CFN-bericht nr. 20210305-13 BRONDOCUMENT (link to the report on the website of the OECD) Zie ook: CFN van 16 oktober 2020: OECD presents international tax update to G20 Finance Ministers. BRON: www.oecd.org ...

Op 5 maart 2021 is de vertaling (naar het Nederlands) van de in Trb. 2020, 120 opgenomen nieuwe subonderdelen C en D van onderdeel II van Bijlage II van het Verdrag tussen het Koninkrijk der Nederlanden en de Verenigde Staten van Amerika tot verbetering van de internationale naleving van de belastingplicht en tenuitvoerlegging van de FATCA (met Bijlagen) (’s-Gravenhage, 18 december 2013, Trb. 2014, 22; Trb. 2014, 128; Trb. 2015, ...

In order to maintain and further improve transparency on tax rulings, the OECD/G20 Inclusive Framework on BEPS, which groups over 135 countries and jurisdictions on an equal footing for multilateral negotiation of international tax rules, approved the process for the BEPS Action 5 peer review of the transparency framework for the years 2021 to 2025. This has been announced by the OECD with a press release dated 22 February 2021 ...