Assessing tax levels and the tax mix in OECD countries: Revenue Statistics 2018 & Consumption Tax Trends 2018 to launch on Wednesday 5 December 2018
The OECD has announced the launch of two reports to be published on Wednesday 5 December providing internationally comparable statistics and analysis designed to inform the tax policy debate: the report Revenue Statistics 2018 and the report Consumption Tax Trends 2018. From the press release as published on the website of the OECD on 28 November 2018: Tax systems across the OECD countries are converging towards higher tax levels and ...
Global Forum on Tax Transparency marks a dramatic shift in the fight against tax evasion with the widespread commencement of the automatic exchange of financial information
The Global Forum on Transparency and Exchange of Information for Tax Purposes held its annual meeting in Punta del Este, Uruguay on 20-22 November, bringing together over 200 delegates from more than 100 jurisdictions, international organisations and regional groups to strengthen further the international community’s fight against tax evasion. This was announced with a press release published on the website of the OECD. The meeting marked the widespread rollout of automatic exchange of ...
Residence/Citizenship by investment update
As part of its efforts to maintain the integrity of the Common Reporting Standard (CRS), the OECD has been working closely with Panama over the last weeks to ensure that any risks created by its Residence by Investment (RBI) programmes are effectively addressed. As a result of that work, the OECD announces in a press release published on its website, that they are pleased to provide further clarity in relation ...
Latin American Ministers launch regional initiative to combat tax evasion and corruption
On 19 November, Uruguay’s Minister of Economy and Finance Danilo Astori hosted a discussion with Ministers, high level representatives and senior officials from Latin America on how to strengthen regional efforts to combat tax fraud and corruption. This was announced in a press release published on the website of the OECD. From the press release: The meeting concluded with the signing of the Punta del Este Declaration in which the Ministers and Deputy ...
OECD and Argentina continue the fight to tackle tax crime
Twenty-eight officials participated in the inaugural “VAT/GST Fraud Investigations” course at the OECD Latin America Academy for Tax and Financial Crime Investigation last week in Buenos Aires. This was announced in a press release published on the website of the OECD. From the press release: The Academy was launched earlier this year as part of Argentina’s G20 presidency by Argentina’s Minister of Treasury Nicolás Dujovne and the OECD Secretary General ...
OECD releases guidance on Synthesised texts for providing clarity on the impact of the Multilateral Instrument
On 14 November 2018 the OECD released new Guidance for the Development of Synthesised Texts presenting a clear overview of the modifications to tax treaties resulting from the Multilateral Convention to Implement Tax Treaty related Measures to Prevent Base Erosion and Profit Shifting (the "Convention” or “MLI”) which entered into force on 1 July 2018. A Secretariat note, also released on 14 November 2018, clarifies the entry into effect rules for tax treaties of jurisdictions ...
OECD invites taxpayer input on seventh batch of Dispute Resolution peer reviews
Improving the tax treaty dispute resolution process is a top priority of the BEPS Project. The Mutual Agreement Procedure (MAP) peer review and monitoring process under Action 14 of the BEPS Action Plan was launched in December 2016 with the peer review process now well underway. The peer review process is conducted in two stages. Under Stage 1, implementation of the Action 14 minimum standard is evaluated for Inclusive Framework ...
Progress report from the Inclusive Framework on BEPS: Aruba and Curaçao mentioned as jurisdictions with regimes that have been brought under the FHTP review process
The latest progress report from the Inclusive Framework on BEPS covers the assessment of 53 preferential tax regimes, demonstrating jurisdictions' continuing resolve to ensure that tax breaks are only offered to substantive activities and only if they do not pose risks of harmful competition to others. This was announced by the OECD with a press release dated 15 November 2018. The assessment process is part of ongoing implementation of Action 5 under ...
Progress report from the Inclusive Framework on BEPS: Aruba mentioned as jurisdiction that has made a commitment to make legislative changes
The latest progress report from the Inclusive Framework on BEPS covers the assessment of 53 preferential tax regimes, demonstrating jurisdictions' continuing resolve to ensure that tax breaks are only offered to substantive activities and only if they do not pose risks of harmful competition to others. This was announced by the OECD with a press release dated 15 November 2018. The assessment process is part of ongoing implementation of Action 5 under ...
Progress report Inclusive Framework on BEPS: Curaçao mentioned as jurisdiction that has delivered on its commitment to make legislative changes
The latest progress report from the Inclusive Framework on BEPS covers the assessment of 53 preferential tax regimes, demonstrating jurisdictions' continuing resolve to ensure that tax breaks are only offered to substantive activities and only if they do not pose risks of harmful competition to others. This was announced by the OECD with a press release dated 15 November 2018 The assessment process is part of ongoing implementation of Action 5 under ...
OECD releases latest results on preferential regimes and moves to strengthen the level playing field with zero tax jurisdictions
International efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide, according to new data released today by the OECD. This was announced by the OECD with a press release dated 15 November 2018. The latest progress report from the Inclusive Framework on BEPS covers the assessment of 53 preferential tax regimes, demonstrating jurisdictions' continuing resolve to ensure that tax breaks are ...
11th Meeting of the Global Forum, 20-22 November in Uruguay
With a press release posted on the website of the OECD, the OECD announces the 11th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, 20-22 November 2018, in Punta del Este, Uruguay. From the press release: Global cooperation to fight tax evasion and avoidance has grown rapidly over the past few years. Tax Transparency and Exchange of Information between tax authorities about financial assets ...
Plenair debat goedkeuring Multilateraal Anti-BEPS verdrag weer verplaatst, nu gepland voor 26 november 2018
Het plenair debat in de Tweede Kamer met betrekking tot de goedkeuring van het op 24 november 2016 te Parijs tot stand gekomen Multilateraal Verdrag ter implementatie van aan belastingverdragen gerelateerde maatregelen ter voorkoming van grondslaguitholling en winstverschuiving (Trb. 2017, 86, en Trb. 2017, 194) (hierna: het Verdrag) staat nu gepland voor 26 november 2018. De Engelstalige benaming voor het Verdrag is: Multilateral Convention to Implement Tax Treaty Related Measures ...
Plenair debat goedkeuring Multilateraal Anti-BEPS verdrag nu gepland voor 19 november 2018
[LET OP: het onderstaande is inmiddels achterhaald, aangezien het plenair debat inmiddels is verplaatst naar 26 november 2018 (status per 10 november 2018); klik hier om naar de betreffende pagina op de website van de Tweede Kamer te gaan.] Het plenair debat in de Tweede Kamer met betrekking tot de goedkeuring van het op 24 november 2016 te Parijs tot stand gekomen Multilateraal Verdrag ter implementatie van aan belastingverdragen gerelateerde maatregelen ...
OLV belastingherzieningen 2018 (2018-2019-135) (Curaçao) – Documenten
Ontwerplandsverordening belastingherzieningen 2018 (zittingsjaar 2018-2019-135) Statendossier: Zittingsjaar 2018-2019-135 Ontwerplandsverordening tot wijziging van de Algemene landsverordening Landsbelastingen, de Landsverordening op de winstbelasting 1940, de Landsverordening economische zones 2000, de Landsverordening omzetbelasting 1999, de Successiebelastingverordening 1908 en de Landsverordening reparatie preferentiële belastingregimes (Landsverordening belastingherzieningen 2018) (Zittingsjaar 2018-2019-135). Zie voor documentatie ook de documentpagina van de website van de Staten van Curaçao en zoek op "2018-2019-135". Hierbij worden onder meer wijzigingen aangebracht in ...
Ecuador joins international efforts against tax evasions and avoidance
Ecuador has signed the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention"). This was announced on 29 October on the website of the OECD. The Convention was signed on behalf of Ecuador by Mrs. Marisol Andrade, Director-General of the Internal Revenue Service of Ecuador, signs the Convention in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. The Convention was developed jointly by the OECD and the Council of ...
Grenada joins the Inclusive Framework on BEPS
On 26 October 2018 it was announced on the website of the OECD that Grenada joins the Inclusive Framework on BEPS. The item on the website of the OECD only contains a link to the updated list (October 2018) of Members of the Inclusive Framework on BEPS on which list Grenada now appears. The item on the website of the OECD does not yet contain further information on this topic ...
Minister informeert Staten over ontwikkelingen rondom de OLV belastingherzieningen 2018: review door OECD in tweede week van januari en uiterlijk 17 december behandeling van de OLV in de Staten
Met een brief van 29 oktober 2018 heeft de Minister van Financiën van Curaçao de Staten van Curaçao geïnformeerd over ontwikkelingen rondom de Ontwerplandsverordening belastingherzieningen 2018 (voluit: de ontwerplandsverordening tot wijziging van de Algemene landsverordening Landsbelastingen, de Landsverordening op de winstbelasting 1940, de Landsverordening op de economische zones 2000, de Landsverordening op de omzetbelasting 1999, de Successiebelastingverordening 1908 en de Landsverordening reparatie preferentiële belastingregimes (Landsverordening belastingherzieningen 2018) (hierna: “de ontwerplandsverordening”) ...
Landsverordening aanvullende documentatieverplichtingen verrekenprijzen (P.B. 2018, no. 30) (Curaçao) – Documenten
Landsverordening houdende aanvullende documentatieverplichtingen verrekenprijzen (P.B. 2018, no. 30) (P.B. 2018, no. 30) (pdf viewer). Voor normaal pdf, klik hier. Landsverordening van de 13de juni 2018 tot wijziging van de Landsverordening op de winstbelasting 1940, de Algemene landsverordening Landsbelastingen en de Landsverordening internationale bijstandverlening bij de heffing van belastingen (Landsverordening houdende aanvullende documentatieverplichtingen verrekenprijzen), op 15 juni 2018 uitgegeven en geplaatst in het Publicatieblad van Curaçao, jaargang 2018, no. 30 ...
OECD and CIAT join forces in promoting stronger tax systems
The OECD and the Inter-American Center of Tax Administrations (CIAT) hosted on 23 October 2018 the high-level event "Base Erosion and Profit Shifting Implementation: Strategic importance, challenges and opportunities" in Lisbon, Portugal. This was announced in a press release dated 23 October 2018. The purpose of this event was to promote a common understanding of the impact of the BEPS measures developed under the OECD/G20 BEPS Project, focusing on the pivotal ...
Antigua and Barbuda, Dominica and Saint Vincent and the Grenadines join the Inclusive Framework on BEPS
On 23 October 2018 it was announced on the website of the OECD that Antigua and Barbuda, Dominica and Saint Vincent and the Grenadines join the Inclusive Framwork on BEPS. The item on the website of the OECD only contains a link to the updated list (October 2018) of Members of the Inclusive Framework on BEPS on which list Antigua and Barbuda, Dominica and Saint Vincent and the Grenadines now ...
OLV belastingherzieningen 2018: Nota naar aanleiding van het verslag
De Minister van Financiën van Curaçao heeft op dinsdag 16 oktober 2018 de nota naar aanleiding van het verslag aan de Staten doen toekomen met betrekking tot de behandeling van de ontwerplandsverordening tot wijziging van de Algemene landsverordening Landsbelastingen, de Landsverordening op de winstbelasting 1940, de Landsverordening op de economische zones 2000, de Landsverordening op de omzetbelasting 1999, de Successiebelastingverordening 1908 en de Landsverordening reparatie preferentiële belastingregimes (Landsverordening belastingherzieningen 2018, ...
OLV belastingherzieningen 2018: verslag
Op maandag 15 oktober 2018 is het verslag vastgesteld van de bespreking in de Centrale Commissie van de op 9 oktober 2018 aan de Staten van Curaçao aangeboden ontwerplandsverordening tot wijziging van de Algemene landsverordening Landsbelastingen, de Landsverordening op de winstbelasting 1940, de Landsverordening op de economische zones 2000, de Landsverordening op de omzetbelasting 1999, de Successiebelastingverordening 1908 en de Landsverordening reparatie preferentiële belastingregimes (Landsverordening belastingherzieningen 2018, hierna: “de ontwerplandsverordening”) ...
OLV belastingherzieningen 2018: tweede nota van wijziging
Op maandag 15 oktober 2018 is een Tweede Nota van Wijziging (hierna: “de Tweede NvW”) aangeboden met betrekking tot de op 9 oktober 2018 aan de Staten van Curaçao aangeboden ontwerplandsverordening tot wijziging van de Algemene landsverordening Landsbelastingen, de Landsverordening op de winstbelasting 1940, de Landsverordening op de economische zones 2000, de Landsverordening op de omzetbelasting 1999, de Successiebelastingverordening 1908 en de Landsverordening reparatie preferentiële belastingregimes (Landsverordening belastingherzieningen 2018, hierna: ...
OLV belastingherzieningen 2018: nota van wijziging. Behandeling in de centrale commissie nu gepland voor maandag 15 oktober
Op vrijdag 12 oktober 2018 is een Nota van Wijziging (hierna: “de NvW”) aangeboden met betrekking tot de op 9 oktober 2018 aan de Staten van Curaçao aangeboden ontwerplandsverordening tot wijziging van de Algemene landsverordening Landsbelastingen, de Landsverordening op de winstbelasting 1940, de Landsverordening op de economische zones 2000, de Landsverordening op de omzetbelasting 1999, de Successiebelastingverordening 1908 en de Landsverordening reparatie preferentiële belastingregimes (Landsverordening belastingherzieningen 2018, hierna: “de ontwerplandsverordening”) ...
