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 ...
New OECD-report: Tax policy is playing a key role in promoting economic recovery and responding to the energy price shock
Tax policy is playing a critical role as countries seek to promote economic recovery from the COVID-19 pandemic and respond to the impact of rapid increases in energy prices, according to a new OECD report Tax Policy Reforms 2022. This has been announced with a news release on the website of the OECD. Tax Policy Reforms 2022 describes recent tax reforms across 71 countries and jurisdictions, including all OECD members ...
OECD and IOTA join forces in promoting stronger tax systems
The Organisation for Economic Co-operation and Development (OECD) and the Intra-European Organisation of Tax Administrations (IOTA) signed the renewal of a Memorandum of Understanding (MOU) for Co-operation between both Parties. This was announced in a press release published on the website of the OECD. The two organisations, which have worked together since 2000, expressed their intention to expand the co-operation in promoting fair and efficient tax systems and enhancing the ...
International community agrees on a road map for resolving the tax challenges arising from digitalisation of the economy
The international community has agreed on a road map for resolving the tax challenges arising from the digitalisation of the economy, and committed to continue working toward a consensus-based long-term solution by the end of 2020, the OECD announced in a press release dated 31 May 2019 on the website of the OECD. The 129 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) adopted a ...