OECD Forum on Tax Administration

Tuesday April 5, 2022, the OECD Forum on Tax Administration and eight key partner organisations launched the first phase of a new global Inventory of Tax Technology Initiatives (ITTI) which contains information on the use of leading technology tools and digitalisation solutions implemented by 76 tax administrations across the world. This has been announced on 5 April 2022 with a news release on the website of the OECD. Further from the ...

On the website of the OECD, a news release has been published regarding a statement by Bob Hamilton, Chair of the Forum on Tax Administration (FTA) and Chris Jordan, Chair of the FTA’s Joint International Task Force on Shared Intelligence and Co-operation, on the “Pandora Papers” leaks. From the news release: According to the news release, the Forum on Tax Administration and its Joint International Task Force on Shared Intelligence and Co-operation (JITSIC) ...

Tax administrations are playing a critical role as governments deal with the economic recovery from COVID-19 following an unprecedented global crisis. On 8 December 2020, senior officials from the 53 members of the OECD Forum on Tax Administration, which includes all OECD and G20 members, agreed an ambitious agenda for the next year, focused on enhancing resilience and tax certainty as well as the digital transformation of tax administrations. This ...

The OECD has released the outcomes of the third 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, according to a press release dated 24 September 2020 published on the website of the OECD on the occasion of the report “Country-by-Country Reporting – Compilation of Peer Review Reports (Phase 3): Inclusive Framework ...

The OECD has released the outcomes of the third 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, according to a press release dated 24 September 2020 published on the website of the OECD on the occasion of the report “Country-by-Country Reporting – Compilation of Peer Review Reports (Phase 3): Inclusive Framework on ...

The OECD has released the outcomes of the third 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, according to a press release dated 24 September 2020 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 ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which notes focuses on managing fiscal risks under fiscal stress. The rapidly evolving macroeconomic and financial conditions will adversely impact public finances globally. Many governments will see their revenues drop and expenditures rise. Also, more of governments’ outstanding contingent liabilities will be realized. Finally, the ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which note focuses on public sector support to firms. Public sector support to firms can help address liquidity or solvency needs during the pandemic and ensure that economies are well positioned to rebound once social distancing measures ease. Support should be timely, targeted, and temporary ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which note provides guidance on how revenue agencies can support governments’ responses to the unprecedented challenges posed by the COVID-19 crisis—by maintaining the operation of the revenue system, implementing governments’ measures to address the crisis, supporting the economy and facilitating trade, and protecting the health ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which note focuses on the tax law design considerations that should be taken into account when implementing the temporary measures to be adopted in response to the COVID-19 outbreak. The note referred to above is one of a series of notes produced by the Fiscal ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, in which note the focus is not on general stimulus measures but on immediate, targeted and mostly temporary measures to (i) support health priorities; (ii) secure survival of solvent enterprises; (iii) protect affected individuals; and on (iv) secure or enhance revenue sources into the medium ...

On the website of the OECD a document ‘Government support and the COVID-19 pandemic’ has been published. From the introduction of the document: The economic consequences of the COVID-19 pandemic call for urgent policy responses to support households and firms alike, but how this support is designed will be critical in ensuring that it does not result in enduring global market distortions. Support packages that are time-limited, targeted, cash-based, and ...

On the website of the OECD a document ‘COVID-19 and International Trade: Issues and Actions’ has been published. From the introduction of the document: In an unprecedented global health crisis, trade is essential to save lives and livelihoods; and international co-operation is needed to keep trade flowing. In the midst of significant uncertainty, there are four things we can do: 1) boost confidence in trade and global markets by improving ...

Tax and fiscal policy responses are playing a critical role in limiting the hardship caused by containment measures, and should continue to do so as governments seek to support households and businesses, protect employment and pursue economic recovery from the global pandemic, according to new OECD analysis. ‘Tax and Fiscal Policy in Response to the Coronavirus Crisis; Strengthening Confidence and Resilience’, a report requested of the OECD by the Saudi ...

On the website of the OECD a reference document has been published providing an overview of measures currently being undertaken by a number of tax administrations in connection with the COVID-19 emergency. The document is a joint document of the OECD Forum on Tax Administration, the Inter-American Center of Tax Administrations (CIAT) and the Intra-European Organisation of Tax Administrations (IOTA) and has been produced by the respective Secretariats   from input ...

As part of the ongoing work of the Committee on Fiscal Affairs, the OECD is seeking public comments on the draft Model Rules for Reporting for Platform Operators with respect to Sellers in the Sharing and Gig Economy. This was announced with a press release published on the website of the OECD. From the press release: BACKGROUND The market of online platforms facilitating the "sharing" and "gig" economies is growing rapidly ...

The first OECD Tax Certainty Day took place on 16 September 2019 at OECD headquarters in Paris, according to a press release published on the website of the OECD. From the press release: As recognised by G20 Ministers, maintaining and enhancing tax certainty brings benefits for taxpayers and tax administrations alike and is key in promoting investment, jobs and growth. This is particularly the case against the backdrop of the ...