Tax challenges of digitalisation: public comments received on tax certainty aspects of Amount A under Pillar One

The OECD has published the public comments received on tax certainty aspects under Amount A of Pillar One. This has been announced on 15 June 2022 with a news release on the website of the OECD. On 27 May 2022, interested parties were invited to provide comments tax certainty aspects under Amount A of Pillar One. CFN-artikelnummer 20220617-16 BRONDOCUMENT (link to the news release dated 15 June 2022 on the ...
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Tax challenges of digitalisation: OECD invites public input on tax certainty aspects of Amount A under Pillar One

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 Economy, the OECD is seeking public comments on two consultation documents relating to tax certainty: ‘Tax Certainty Framework for Amount A’ and ‘Tax Certainty for Issues Related to Amount A under Pillar One’. This has been announced on 27 May 2022 with a news release ...
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Tax challenges of digitalisation: Public comments received on the regulated financial services exclusion under Amount A of Pillar One

The OECD has published the public comments received on the Regulated Financial Services Exclusion under Amount A of Pillar One. This has been announced on 25 May 2022 with a news release on the website of the OECD. On 6 May 2022, interested parties were invited to provide comments on the Regulated Financial Services Exclusion under Amount A of Pillar One. CFN-artikelnummer 20220527-12 BRONDOCUMENT (link to the news release dated ...
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Tax challenges of digitalisation: OECD invites public input on the regulated financial services exclusion under Amount A of Pillar One

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 Economy, the OECD is seeking public comments on the Regulated Financial Services Exclusion under Amount A of Pillar One. This has been announced on 6 May 2022 with a news release on the website of the OECD. Further from the news ...
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Tax challenges arising from digitalisation: Public comments received on the extractives exclusion under Pillar One Amount A

The OECD has published the public comments received on on the Extractives Exclusion under Pillar One Amount A to assist members in further refining and finalising the relevant rules. This has been announced on 3 May 2022 with a news release on the website of the OECD. On 14 April 2022, interested parties were invited to provide comments on said Extractives Exclusion under Pillar One Amount A. CFN-artikelnummer 20220506-19 BRONDOCUMENT (link to the news release ...
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Tax challenges arising from digitalisation: Public comments received on the draft rules for scope under Pillar One Amount A

The OECD has published the public comments received on the Draft Model Rules for Domestic Legislation on Scope under Pillar One Amount A to assist members in further refining and finalising the relevant rules. This has been announced on 22 April 2022 with a news release on the website of the OECD. On 4 April 2022, interested parties were invited to provide comments on said the Draft Model Rules. CFN-artikelnummer 20220429-12 BRONDOCUMENT (link to the news ...
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Tax challenges of digitalisation: OECD invites public input on extractives exclusion under Amount A of Pillar One

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 Economy, the OECD is seeking public comments on the Extractives Exclusion under Amount A of Pillar One. This has been announced on 14 April 2022 with a news release on the website of the OECD. Further from the news release: The Extractives Exclusion ...
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Tax challenges of digitalisation: Public comments received on the Implementation Framework of the global minimum tax

The OECD has published the public comments received on the Implementation Framework of the global minimum tax. This has been announced on 13 April 2022 with a news release on the website of the OECD. On 14 March 2022, interested parties were invited to provide comments on the Implementation Framework of the global minimum tax. CFN-artikelnummer 20220415-14 BRONDOCUMENT (link to the news release dated 13 April 2022 on the website of the ...
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Tax Challenges of Digitalisation: OECD invites public input on the draft rules for scope under Amount A of Pillar One

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 Economy, the OECD is seeking public comments on the Draft Model Rules for Domestic Legislation on Scope under Amount A of Pillar One. This has been announced on 4 April 2022 with a news release on the website of the OECD. Further from the ...
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New results on the prevention of tax treaty shopping show progress continues with the implementation of international tax avoidance measures

The implementation of the BEPS package to tackle international tax avoidance continues to progress, as the OECD releases the latest peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project. This has been announced on 21 March 2022 with a news release on the website of the OECD. Further from the news ...
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Fourth Peer Review Report on Treaty Shopping (BEPS Action 6): No jurisdiction has raised any concerns about their agreements with Curaçao

The implementation of the BEPS package to tackle international tax avoidance continues to progress, as the OECD releases the latest peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project. This has been announced on 21 March 2022 with a news release on the website of the OECD. Further from the news ...
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Fourth Peer Review Report on Treaty Shopping (BEPS Action 6): No jurisdiction has raised any concerns about Aruba

The implementation of the BEPS package to tackle international tax avoidance continues to progress, as the OECD releases the latest peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project. This has been announced on 21 March 2022 with a news release on the website of the OECD. Further from the news ...
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Tax challenges of digitalisation: OECD invites public input on the Implementation Framework of the global minimum tax

On Monday, March 14, 2022, the OECD/G20 Inclusive Framework on BEPS released the Commentary on the GloBE Rules, which provides MNEs and governments with detailed and comprehensive technical guidance on the operation and intended outcomes under the rules. The next step in the work on the GloBE rules turns to the development of the Implementation Framework as agreed under the Detailed Implementation Plan set out in the October Statement. To inform the ...
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OECD releases detailed technical guidance on the Pillar Two model rules for 15% global minimum tax

Last Monday, March 14, 2022, the OECD/G20 Inclusive Framework on BEPS released further technical guidance on the 15% global minimum tax agreed in October 2021 as part of the two-pillar solution to address the tax challenges arising from digitalisation of the economy. The Commentary published today elaborates on the application and operation of the Global Anti-Base Erosion (GloBE) Rules agreed and released in December 2021. The GloBE Rules provide a co-ordinated system to ensure that Multinational ...
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Countries continue the successful implementation of international standards on harmful tax practices and tax dispute resolution

Progress continues in combatting harmful tax practices and providing greater tax certainty. New outcomes on the review of preferential tax regimes and new peer review reports on Mutual Agreement Procedures have been approved by the OECD/G20 Inclusive Framework on BEPS, which groups over 140 countries and jurisdictions on an equal footing for multilateral negotiation of international tax rules. This has been announced by the OECD with a press release dated 24 ...
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Tax dispute resolution – MAP peer review report (Stage 2): Curaçao meets all of the elements of the Action 14 Minimum Standard and solved all of the identified deficiencies

New peer review reports on Mutual Agreement Procedures (MAP) have been approved by the OECD/G20 Inclusive Framework on BEPS, which groups over 140 countries and jurisdictions on an equal footing for multilateral negotiation of international tax rules. This has been announced by the OECD with a press release dated 24 January 2022 on the occasion of the release of the peer review reports. Curaçao The Stage 2 peer review monitoring ...
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OECD releases latest edition of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations

The OECD has released the 2022 edition of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations. This has been announced on 20 January 2022 with a news release on the website of the OECD. Furthermore form the news release: The OECD Transfer Pricing Guidelines provide guidance on the application of the "arm’s length principle", which represents the international consensus on the valuation, for income tax purposes, of cross-border transactions between ...
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Over 130 jurisdictions comprehensively reviewed in the latest BEPS Action 5 peer review on tax rulings

Tuesday December 14th, 2021, the OECD/G20 Inclusive Framework on BEPS released the 2020 peer review assessments of 131 jurisdictions in relation to the spontaneous exchanges of information on tax rulings. The conclusions show that the global reach of the BEPS Action 5 minimum standard on tax rulings continues to increase, with 22 000 tax rulings having been identified and 41 000 exchanges between jurisdictions having taken place. The exchange on tax ...
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BEPS Action 5 peer review on tax rulings: Sint Maarten has met all aspects of the terms of reference for the calendar year 2020 that can be met in the absence of rulings being issued in practice, no recommendations are made (Sint Maarten)

Tuesday December 14th, 2021, the OECD/G20 Inclusive Framework on BEPS released the 2020 peer review assessments of 131 jurisdictions in relation to the spontaneous exchanges of information on tax rulings. The conclusions show that the global reach of the BEPS Action 5 minimum standard on tax rulings continues to increase, with 22 000 tax rulings having been identified and 41 000 exchanges between jurisdictions having taken place. The exchange on tax ...
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BEPS Action 5 peer review on tax rulings: Curaçao has met all aspects of the terms of reference for the year 2020 except for identifying rulings within the scope of the transparency framework and under which category of rulings they fall and completing exchanges of information on rulings in accordance with the timelines. Curaçao receives recommendations (Curaçao)

Tuesday December 14th, 2021, the OECD/G20 Inclusive Framework on BEPS released the 2020 peer review assessments of 131 jurisdictions in relation to the spontaneous exchanges of information on tax rulings. The conclusions show that the global reach of the BEPS Action 5 minimum standard on tax rulings continues to increase, with 22 000 tax rulings having been identified and 41 000 exchanges between jurisdictions having taken place. The exchange on tax ...
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BEPS Action 5 peer review on tax rulings: Aruba has met all aspects of the terms of reference for the year 2020 that can be met in the absence of rulings being issued in practice, no recommendations are made (Aruba)

Tuesday December 14th, 2021, the OECD/G20 Inclusive Framework on BEPS released the 2020 peer review assessments of 131 jurisdictions in relation to the spontaneous exchanges of information on tax rulings. The conclusions show that the global reach of the BEPS Action 5 minimum standard on tax rulings continues to increase, with 22 000 tax rulings having been identified and 41 000 exchanges between jurisdictions having taken place. The exchange on tax ...
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New mutual agreement procedure statistics on the resolution of international tax disputes released on OECD Tax Certainty Day

As part of the BEPS Action 14 minimum standard and the wider G20/OECD tax certainty agenda to improve the effectiveness and timeliness of tax-related dispute resolution mechanisms, the OECD released the latest mutual agreement procedure (MAP) statistics covering 118 jurisdictions and practically all MAP cases worldwide. This has been announced on Tuesday 22 November 2021 with a news release on the website of the OECD. Furthermore from the news release: ...
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Progress continues in making tax dispute resolution more effective and in improving tax transparency through Country-by-Country reporting

Under OECD/G20 Inclusive Framework on BEPS, 140 jurisdictions have committed to implement minimum standards to improve the taxation of multinational enterprises (MNEs) worldwide. On Monday, 18 October 2021, the OECD has released the latest outcomes of the implementation of BEPS Action 13 on the transparency of global operations of large MNEs and BEPS Action 14 on the resolution of tax related disputes between jurisdictions. This has been announced with a ...
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Fourth annual peer review of BEPS Action 13 considering implementation of the CbC reporting minimum standard: Curaçao has fully implemented the BEPS Action 13 minimum standard and meets all of the terms of reference

On Monday 18 October 2021, the OECD has released the latest outcomes of the implementation of BEPS Action 13 on the transparency of global operations of large MNEs and BEPS Action 14 on the resolution of tax related disputes between jurisdictions. This has been announced with a news release on the website of the OECD. The BEPS Action 13 minimum standard on Country-by-Country reporting (CbC), requires tax administrations to collect ...
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Fourth annual peer review of BEPS Action 13 considering implementation of the CbC reporting minimum standard: recommendations for Aruba

On Monday 18 October 2021, the OECD has released the latest outcomes of the implementation of BEPS Action 13 on the transparency of global operations of large MNEs and BEPS Action 14 on the resolution of tax related disputes between jurisdictions. This has been announced with a news release on the website of the OECD. The BEPS Action 13 minimum standard on Country-by-Country reporting (CbC), requires tax administrations to collect ...
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Public comments received on proposed changes to Commentaries in the OECD Model Tax Convention on Article 9 and on related articles

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 ...
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OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (April 2021)

On 7 April 2021, the OECD Secretary-General Tax Report was presented to G20 Finance Ministers and Central Bank Governors. Click here to go to the report on the website of the OECD. This is the latest report in the series of reports on the latest developments in the international tax agenda. This new report contains the following topics: tax measures introduced in response to COVID-19 (OECD); and tax policy and ...
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OECD releases new peer review results on the prevention of tax treaty shopping under the BEPS Action 6 minimum standard

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 ...
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Peer review report assessing jurisdictions’ efforts to prevent tax treaty shopping (BEPS Action 6) – Curaçao

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 ...
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Peer review report assessing jurisdictions’ efforts to prevent tax treaty shopping (BEPS Action 6) – Aruba

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 ...
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