OECD/G20

Op 8 april 2019 is de Landsverordening van 5 april 2019 tot wijziging van de Algemene landsverordening belastingen (AB 2004 no. 10) en de Landsverordening winstbelasting (AB 1988 no. GT 47) uitgegeven en geplaatst in het Afkondigingsblad van Aruba, jaargang 2019, no. 21 (AB 2019 no. 21). De ontwerp-landsverordening werd op 28 februari 2019 door de Regering van Aruba aan de Staten aangeboden. Op 4 april 2019 werd de ontwerp-landsverordening ...

Op 10 april 2019 is het Landsbesluit, houdende algemene maatregelen, van 10 april 2019 ter uitvoering van artikel 3b, eerste lid, onderdeel b, van de Algemene landsverordening belastingen (AB 2004 no. 10) (Landsbesluit aanwijzing reële economische aanwezigheid transparante vennootschap) uitgegeven en geplaatst in het Afkondigingsblad van Aruba, jaargang 2019, no. 22 (AB 2019 no. 22) (hierna: “het Landsbesluit”). Het Landsbesluit is uitgegeven vanuit de wens om de eisen vast te ...

De ontwerp-landsverordening houdende bepalingen tot wijziging van de Algemene landsverordening Belastingen (AB 2004 no. 10) en de Landsverordening winstbelasting (AB 1988 no. 47) is op 4 april 2019 door de Staten van Aruba aangenomen. De ontwerp-landsverordening werd kort geleden aan de Staten aangeboden. Klik hier voor een pdf van de bij de Staten van Aruba ingediende ontwerp-landsverordening. Wij rapporteerden hierover met een artikel in het CFN van 7 maart 2019 ...

Recentelijk is de ontwerp-landsverordening houdende bepalingen tot wijziging van de Algemene landsverordening Belastingen (AB 2004 no. 10) en de Landsverordening winstbelasting (AB 1988 no. 47) aan de Staten aangeboden voor behandeling. Zo is op de website van de belastingdienst van Aruba (het Departamento di Impuesto) bekend gemaakt. Een link naar een pdf van de ontwerplandsverordening is bij het bericht op de website van de belastingdienst. Ook is een link opgenomen ...

On 14 February 2019, the OECD released additional peer review reports assessing countries’ efforts to implement the Action 6 minimum standards as agreed under the OECD/G20 BEPS Project. The release of this report has been announced with a press release dated 14 February 2019 as published on the website of the OECD. The first peer review report on the implementation of the Action 6 minimum standard on treaty shopping reveals ...

Progress continues with the implementation of the BEPS package, as the OECD releases additional peer review reports assessing countries’ efforts to implement the Action 6 and Action 14 minimum standards as agreed under the OECD/G20 BEPS Project. The release of these reports has been announced with a press release dated 14 February 2019 as published on the website of the OECD. ACTION 6: PREVENTING THE GRANTING OF TREATY BENEFITS IN ...

The international community has made important progress toward addressing the tax challenges arising from digitalisation of the economy and has agreed to continue working multilaterally towards achievement of a new consensus-based long-term solution in 2020, the OECD announced on 29 January 2019 with a press release published on their website. Countries and jurisdictions participating in the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) will step up efforts ...

The OECD has released today its new publication, Harmful Tax Practices - 2018 Progress Report on Preferential Regimes (hereafter “the Progress Report”, or “the report”), which contains results demonstrating that jurisdictions have delivered on their commitment to comply with the standard on harmful tax practices, including ensuring that preferential regimes align taxation with substance. The release of the report has been announced today with a press release as published on the ...

The OECD has released today its new publication, Harmful Tax Practices - 2018 Progress Report on Preferential Regimes (hereafter “the Progress Report”, or “the report”), which contains results demonstrating that jurisdictions have delivered on their commitment to comply with the standard on harmful tax practices, including ensuring that preferential regimes align taxation with substance. The release of the report has been announced today with a press release as published on the ...

The OECD has released today its new publication, Harmful Tax Practices - 2018 Progress Report on Preferential Regimes (hereafter “the Progress Report”, or “the report”), which contains results demonstrating that jurisdictions have delivered on their commitment to comply with the standard on harmful tax practices, including ensuring that preferential regimes align taxation with substance. The release of the report has been announced today with a press release as published on the ...

Taxes paid by companies remain a key source of government revenues, especially in developing countries, despite the worldwide trend of falling corporate tax rates over the past two decades, according to a new report from the OECD.  This was announced by the OECD in a press release dated 15 January 2019. A new OECD report and database, Corporate Tax Statistics, provides internationally comparable statistics and analysis from around 100 countries worldwide on ...

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 ...

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 ...

Residence and citizenship by investment (CBI/RBI) schemes, often referred to as golden passports or visas, can create the potential for misuse as tools to hide assets held abroad from reporting under the OECD/G20 Common Reporting Standard (CRS), the OECD expresses in the press coverage dated 16 October 2018 following the publication of the results of its analysis of over 100 CBI/RBI schemes offered by CRS-committed jurisdictions. From the press coverage: In particular, Identity ...

Tax officials from 21 jurisdictions met this week in Yangzhou, People's Republic of China, to share experiences from the first year of country-by-country reporting and explore how information can be used most effectively in the tax risk assessment of MNE groups. This was announced in a press release dated 27 September 2018 as published on the website of the OECD. From the press release: The workshop, organised jointly by the ...

On the website of the OECD it was announced on 27 September 2018 that Aruba joins the Inclusive Framework on BEPS. The item on the website of the OECD only contains a link to the updated list (September 2018) of Members of the Inclusive Framework on BEPS on which list Aruba now appears. The item on the website of the OECD does not yet contain further information on this topic ...

In 2012, the Committee of Experts on International Cooperation in Tax Matters (the Committee) published the United Nations (UN) Practical Manual on Transfer Pricing for Developing Countries in 2012, with an updated version published in 2017 (also referred to as “the Practical TP Manual”). This Manual aims to give users from developing countries practical advice on how to address transfer pricing matters according to the arm’s length standard. From the ...

On 22 March 2018, the OECD released the report Additional Guidance on the Attribution of Profits to Permanent Establishments (BEPS Action 7), the OECD announced in a press release published on its website on 22 March 2018. In October 2015, as part of the final BEPS package, the OECD/G20 published the report on Preventing the Artificial Avoidance of Permanent Establishment Status. The Report recommended changes to the definition of permanent ...

More than 110 countries and jurisdictions have agreed to review two key concepts of the international tax system, responding to a mandate from the G20 Finance Ministers to work on the implications of digitalisation for taxation, according to an announcement dated 16 March 2018 on the website of the OECD. The members of the OECD/G20 Inclusive Framework on BEPS will work towards a consensus-based solution by 2020, as set out ...

Responding to a request of the G7, on 9 March 2018, the OECD has issued new model disclosure rules that require lawyers, accountants, financial advisors, banks and other service providers to inform tax authorities of any schemes they put in place for their clients to avoid reporting under the OECD/G20 Common Reporting Standard (CRS) or prevent the identification of the beneficial owners of entities or trusts. This has been announced by the ...

Onder verwijzing naar het overdrachtsdocument van voormalig minister van financiën de heer Jose Jardim uit december 2016 “Een solide basis voor een betere toekomst, verantwoording- en overdrachtsdocument – aanvulling” heeft het Statenlid de heer Curtley Obispo (PAR) in een schrijven van 24 oktober 2017 een aantal vragen gesteld aan de Minister van Financiën van Curaçao, de heer Kenneth Gijsbertha, met betrekking tot de kwalificatie van Curaçao onder het project van ...