Fifth Peer Review Report on Treaty Shopping: No jurisdiction has raised any concerns about Aruba or Curaçao. Steps have been taken to implement the minimum standard in the ‘tax arrangements’ between the countries of the Kingdom of the Netherlands
Members of the OECD/G20 Inclusive Framework on BEPS continue to make significant progress in the implementation of the BEPS package to tackle international tax avoidance, as the OECD releases the latest peer review results 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: the Fifth Peer Review Report on Treaty Shopping. This has been announced ...
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 ...
OECD releases new transfer pricing profiles for 21 countries
Monday December 13th, 2021, the OECD released the second batch of updated transfer pricing country profiles for Austria, Belgium, Bulgaria, France, Georgia, Germany, Indonesia, Ireland, Italy, Latvia, Malaysia, Mexico, Peru, Poland, Seychelles, Singapore, South Africa and Sweden. Monday’s release also includes for the first time country profiles for Albania, Kenya and the Maldives, bringing the total number of countries covered to 63. This has been announced on 13 December 2021 ...
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 ...
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 ...
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 ...
OECD peer reviews on BEPS Action 13 Country-by-Country reporting initiative show strong progress for global roll-out in June
The OECD has released the first peer reviews of the Country-by-Country (CbC) reporting initiative, demonstrating strong progress toward the imminent implementation of a key element in continuing efforts to improve taxation of multinational enterprises (MNEs) worldwide, according to a press release published on the website of the OECD on 24 May 2018. The peer reviews show that practically all countries that serve as headquarters to the large MNEs covered by the ...
OECD peer review on BEPS Action 13 Country-by-Country reporting re Curaçao
The OECD has released the first peer reviews of the Country-by-Country (CbC) reporting initiative, demonstrating strong progress toward the imminent implementation of a key element in continuing efforts to improve taxation of multinational enterprises (MNEs) worldwide, according to a press release published on the website of the OECD on 24 May 2018. The peer reviews show that practically all countries that serve as headquarters to the large MNEs covered by the ...
Public comments received on the tax challenges of digitalisation
On 22 September 2017, interested parties were invited by the OECD to provide comments on the tax challenges of digitalisation. The OECD has published the public comments received in a document dated 25 October 2017: Tax Challenges of Digitalisation. Comments received on the Request for Input (Part I and Part II). The request for input outlined the background on the work regarding the tax challenges of digitalisation from the BEPS Action 1 ...
OECD invites public input on the tax challenges of digitalisation
The OECD is seeking public comments on key issues identified in a request for input related to the tax challenges raised by digitalisation and the potential options to address these challenges, according to an announcement of 22 September 2017 on the OECD’s website. The request for input outlines the background on the work regarding the tax challenges of digitalisation from the BEPS Action 1 report and invites comments on the impact of digitalisation on ...