Global Forum’s capacity-building activities to support tax transparency deliver impactful results
On Monday, February 13, 2023, the Global Forum on Transparency and Exchange of Information for Tax Purposes published its 2023 Global Forum Capacity Building Report. The report sheds light on the Global Forum’s capacity-building and outreach activities carried out throughout 2022 in support of the global implementation of the tax transparency standards (exchange of information on request (EOIR) and automatic exchange of financial account information (AEOI)). This has been announced ...
OECD releases manual on the handling of multilateral mutual agreement procedures and advance pricing arrangements pursuant to tax certainty agenda
In line with the Forum on Tax Administration's (FTA) tax certainty agenda, the OECD has published a Manual on the Handling of Multilateral Mutual Agreement Procedures (MAPs) and Advance Pricing Arrangements (APAs), intended to be abbreviated as the MoMA. This has been announced with a news release on the website of the OECD. Further from the news release: It is widely acknowledged that multilateral MAPs and APAs offer greater tax certainty ...
OECD releases new mutual agreement procedure statistics and country awards on the resolution of international tax disputes
The OECD has released the latest mutual agreement procedure (MAP) statistics covering 127 jurisdictions and practically all MAP cases worldwide. This has been announced with a news release on the website of the OECD. These statistics form 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. Further from the news release: The 2021 MAP Statistics* show ...
OECD secretariat invites public input on the 2020 Review of BEPS Action 14
As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework), the OECD secretariat is seeking public comments on the 2020 review of BEPS Action 14. This was announced by the OECD in a press release dated 18 November 2020. Furthermore from the press release: Background In October 2015 the final report on Action 14 Making Dispute Resolution Mechanisms More Effective was published, containing a minimum standard (the ...
OECD releases 2019 MAP statistics and calls for stakeholder input on the BEPS Action 14 review on 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 on 18 November 2020 the latest mutual agreement procedure (MAP) statistics covering 105 jurisdictions and almost all MAP cases worldwide. This was announced by the OECD in a press release dated 18 November 2020. Furthermore from the press release: The 2019 ...
OECD releases latest dispute resolution statistics at its first Tax Certainty Day
The first OECD Tax Certainty Day took place on 16 September 2019 at OECD headquarters in Paris, according to a press release published on the website of the OECD. From the press release: As recognised by G20 Ministers, maintaining and enhancing tax certainty brings benefits for taxpayers and tax administrations alike and is key in promoting investment, jobs and growth. This is particularly the case against the backdrop of the ...