Latest tax news & data from the OECD Centre for Tax Policy and Administration.
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#OECDtax
Coming 🔜 Tobacco Taxation in Latin America and the Caribbean
Stay tuned for a new report providing a detailed overview of tobacco taxation in the LAC region.
🗓️28 October 2024 🕐16:30-17:30 EDT
📩 Register to the launch event ➡️
International community agrees on a road map for resolving the
#tax
challenges arising from digitalisation of the economy & commits to continue working toward a consensus-based long-term solution by the end of 2020.
🗞️ Read the full press release ➡️
Coming 🔜 New
#OECD
Tax Policy Review provides an in-depth assessment of
#Colombia
’s tax expenditure reporting practices and makes recommendations as to how the measurement of
#tax
expenditures and their reporting can be improved.
🗓️ Available 28 July ➡️
📢 NEWS:
#OECD
releases for the first time
#TransferPricing
guidance on financial transactions, contributing to consistency in the interpretation of the arm’s length principle and helping to avoid
#TP
disputes &
#doubletaxation
.
Read the 🗞️press release:
With 649 delegates from 129 jurisdictions & 13 int'l orgs, the 10th
#BEPS
Inclusive Framework meeting is underway to finalise the Blueprints of Pillar 1 & Pillar 2—the foundation for delivering a global, consensus-based solution to the
#tax
challenges arising from digitalisation.
International efforts to improve
#tax
transparency via automatic exchange of information on financial accounts are improving
#taxcompliance
& delivering concrete results for governments around the 🌏
Read the latest ➡️
🆕 report provides comparative overview and assessment of inheritance, estate & gift
#tax
design across
#OECD
countries and identifies a number of options for
#taxreform
.
📘🔍➡️
#inheritancetax
📢 [OUT NOW] OECD releases Pillar Two model rules for domestic implementation of 15% global minimum tax.
📘🔍🗞️ Access the report, background material & press release ➡️
#GloBErules
#GlobalTaxDeal
#PillarTwo
#Panama
joins international
#tax
co-operation efforts to promote automatic exchange of information by becoming the 98th jurisdiction to sign the CRS MCAA
➡️
🗨️
#G20
FinMins "have achieved a historic agreement on a more stable and fairer int'l tax architecture" & "endorse the key components of the 2 pillars on the reallocation of profits of MNEs and an effective global min tax"
📄 Full
#G20Italy
communiqué:
We wish to pay a warm tribute to our Director,
@GPerezinParis
, for her immense contribution to the Organisation as she prepares to leave the
@OECD
Centre for Tax Policy and Administration on 31 March.
The
#BEPS
Inclusive Framework meeting is underway to finalise a multilateral solution to the
#tax
challenges arising from digitalisation.
🔔 Stay tuned for the outcomes at 18:00 CEST.
New
#OECD
proposal aims to modernise the int’l tax system by re-allocating profits & corresponding taxing rights to market jurisdictions, ensuring that large & highly profitable
#MNEs
pay their
#fairshare
of
#tax
.
🗞️ Read the press release ➡️
NEW RELEASE❗️
#Taxes
on polluting
#fuels
are too low to encourage a shift to low
#carbon
alternatives, says
#OECD
in the recent highlights brochure on Taxing Energy Use 2019
Take a 🔎 at the press release here ➡️
🆕 OECD data highlights the importance of the international tax reform discussions.
Third edition of 𝐶𝑜𝑟𝑝𝑜𝑟𝑎𝑡𝑒 𝑇𝑎𝑥 𝑆𝑡𝑎𝑡𝑖𝑠𝑡𝑖𝑐𝑠 and its comprehensive dataset available now ➡️
#CorpTaxStats
Share of gross
#wages
paid in
#taxes
by workers (single, no child) across the OECD:
⬆️Highest in 🇧🇪40.5% 🇩🇪 39.9% 🇩🇰 35.8%
⬇️Lowest in 🇰🇷 14.5% 🇲🇽 11.2% 🇨🇱 7%
Compare your country, then see
#TaxingWages
📣
@OECD
secretariat invites public input on the Global Anti-Base Erosion (
#GloBE
) Proposal under Pillar 2 ➡️
⏳ Deadline for comments: 2 December
🗓️ Public consultation meeting: 9 December
#OECDhaveyoursay
#digitaltax
#TransparenciaFiscalEC
: Ecuador comprometido ante el Foro Global a intercambiar de manera automática información tributaria para el 2020. Conozca los detalles en ➤
Now with 1⃣0⃣0⃣+ countries covered, our database includes an overview of the most common
#taxpolicy
measures that have been implemented in response to the
#COVID
ー19 pandemic.
📊 Access the data:
The
#OECD
Centre for
#Tax
Policy and Administration warmly welcomes the appointment of Manal Corwin as its new Director starting 3 April 2023.
➡️
#ManalCorwin
New report shows how
#tax
administrations are increasingly moving to e-administration & using a range of
#technology
tools,
#data
sources and analytics to increase
#tax
compliance.
🗞️ Read the press release:
📘 Access the report:
⌛️ The wait is almost over! Coming 🔜 OECD to release new edition of the 𝑇𝑟𝑎𝑛𝑠𝑓𝑒𝑟 𝑃𝑟𝑖𝑐𝑖𝑛𝑔 𝐺𝑢𝑖𝑑𝑒𝑙𝑖𝑛𝑒𝑠.
🗓️ 20 January 2022 🕚 11AM CET
🌐 Available in English & French
➡️
#transferpricing
#TPG2022
#OECD
📕
#OECD
releases further guidance for
#tax
administrations and MNE Groups on Country-by-Country reporting ➡️
🔍 Discover more about
#BEPS
Action 13 work on
#CBCR
➡️
#Ecuador
and
#Serbia
deposit their instruments of ratification for the multilateral Convention on Mutual Administrative Assistance in
#Tax
Matters.
🗓️The Convention will enter into force on 1 December 2019.
➡️
Just published 📣
💬 Public comments received on the possible solutions to the
#tax
challenges of digitalisation ➡️
📃 Agenda for public consultation meeting on 13-14 March is now available ➡️
#OECDhaveyoursay
#digitaltax
📢
@OECD
Secretary-General
@A_Gurria
has reacted to recent statements and exchanges regarding the ongoing negotiations to address the
#tax
challenges of the digitalisation of the economy.
➡️
📣OECD invites public input on the possible solutions to the
#tax
challenges of digitalisation 👉
⏳Deadline for comments: 1 March
🗓️Public consultation meeting: 13-14 March
#OECDhaveyoursay
#digitaltax
Tackling the
#coronavirus
:
#Tax
and
#fiscal
policy should continue to support households and businesses through containment, then shift to bolstering recovery, according to our latest analysis.
📘 Read more in our NEW report ➡️
Just released!
📄 2500+ pages of public comments received on the Secretariat Proposal for a
#UnifiedApproach
under Pillar One.
➡️
Thank you to all who contributed.
The Full Version of the 2017 Model Tax Convention has been released. However, we are aware that there is a technical issue from page 896 onwards for the “Read” version. We are investigating this with our technicians.
Update to follow.
How much
#tax
does the average worker pay across
#OECD
countries, as a % of gross salary? 🤔
Find out next week, when we release the latest edition of
#TaxingWages
.
🗓️ 29 April 2021 🕚 11:00 CEST
➡️
Just released! Secretariat Proposal for a
#UnifiedApproach
under Pillar 1⃣
📖 Read the proposal & how it addresses
#tax
challenges arising from
#digitalisation
here 👉
Progress continues in the fight against offshore
#taxevasion
with data on 8⃣4⃣ million financial accounts automatically exchanged in 2019, covering a total value of €🔟 trillion.
🗞️ Read more:
#TaxTransparency
[OUT NOW] New analysis assesses the impact of the Global Minimum Tax on large MNEs low-taxed profit, profit shifting incentives, tax rate differentials & corporate tax revenues of large MNEs operating worldwide ➡️
Key highlights🧵⤵️
#SaintLucia
joins the Inclusive Framework on
#BEPS
, bringing its total number of members to 114.
➡️See the full list of jurisdictions participating in the project
If corporate
#tax
systems are fully symmetric, investments w/ same pre-tax expected return will yield equal amounts of post-tax expected returns.
This 📊 shows how tax symmetry varies across a common set of projects with different risk profiles.
Read➡️
Our latest
#taxation
working paper reassesses the often-made conclusion that the
#VAT
is regressive. This 🆕 paper draws on
#tax
microsimulation models constructed for 2⃣7⃣
#OECD
countries.
Download here 👉
#Taxmicrodata
can expand the depth and breadth of analysis across
#tax
and other policy research.
🔎 Learn more about the
#Irish
🇮🇪 case study in our latest
#OECDTaxation
working paper 👉
New report by the OECD/G20 Inclusive Framework on
#BEPS
presents the current state of play in progressing its mandate. It outlines on the major developments in
#digital
,
#MLI
and implementation of BEPS measures.
Download ➡️
OECD
#Blockchain
Policy Forum: Our first session on "Taxing crypto and the broader implications of blockchain for the international
#tax
system" will be starting at 14:30.
Watch the live stream ➡️
#OECDblockchain
#GoingDigital
📘 Coming soon: Full Version of the 2017
#OECD
Model Tax Convention, primarily comprising changes developed through the
#BEPS
Project.
🗓️ Available: 25 April 2019
➡️
📗 JUST RELEASED: Latest edition of Tax Transparency in
#Africa
takes stock of recent progress in the fight against
#taxevasion
& other
#IFFs
. It calls for renewed efforts to advance the
#taxtransparency
agenda & support
#DRM
in Africa 🌍
Read more ➡️
#OECD
Council approves the 2017 update to the Model
#Tax
Convention📘, primarily comprising changes developed through the
#BEPS
Project.
New edition to be published in the coming months ➡
After +25 years of successful on the ground training, the OECD is now offering 🆓
#eLearning
courses in
#taxation
for government officials from all countries 🎓🌎
Find out more 👉
#Luxembourg
🇱🇺 deposits its instrument of ratification for the Multilateral
#BEPS
Convention.
Access the text of the Convention, explanatory statement, background information, database, and positions of all signatories ➡️
#RevStats
2019 edition shows that there is a large range in levels of
#tax
revenues across
#OECD
countries, from under 25% in 🇲🇽, 🇨🇱, 🇮🇪, 🇺🇸 and 🇹🇷 to over 43% in 🇫🇷, 🇩🇰, 🇧🇪, and 🇸🇪.
For more info on
#RevStats
and your country’s tax-to-gdp ratios ➡️
📘 La versión abreviada del Modelo de Convenio Tributario sobre la renta y el patrimonio 2017 ya está disponible en español.
➡️
Gracias al Instituto de Estudios Fiscales.
"Effective
#taxation
is essential to promote a more inclusive and sustainable growth. It is fundamental to making globalisation work for all. It is crucial for achieving the Sustainable Development Goals." -
@A_Gurria
📺 Follow LIVE:
#SDGs
#tax4dev
#PCT
A new initiative to help developing economies make
#tax
systems more effective is now live!
The Platform for Collaboration on Tax’s new website provides tax experts & practitioners w/ practical tools,
#data
, info – incl. resources on
#COVID19
➡️
#Tax4Dev
#TaxingWages
illustrates how personal income
#taxes
and social security contributions & related benefits are calculated in
#OECD
countries. It also examines how they impact household incomes.
📘 See our new report for more analysis ➡️
Coming 🔜 New working paper which reassesses the often-made conclusion that the
#VAT
is regressive. The paper draws on
#tax
microsimulation models constructed for an unprecedented 2⃣7⃣
#OECD
countries.
🗓️ Available 10 August 2020 at 9AM (CEST)
➡️
We're going virtual! 🆕 online classes for government
#tax
officials now open for registration. These free classes will give participants a solid base knowledge on key topics of international
#taxation
.
🎓🌎 Find out more ➡️
🆕 annual report from
#OECD
/
#G20
Inclusive Framework on
#BEPS
focuses on inclusivity & support for developing countries and describes the progress made to deliver on its mandate.
Download the report ➡️
OUT NOW: 🆕
#OECD
report in response to calls for a global
#tax
reporting framework for digital platforms in the sharing and
#gigeconomy
.
📘 Access the report:
🗞️ Read the press release:
Just released!
📄 1300+ pages of public comments received on the Global Anti-Base Erosion (
#GloBE
) Proposal under Pillar 2.
➡️
Thank you to all who contributed. We look forward to seeing you on 9⃣ December for the
#OECDP2
public consultation meeting.
Did you know ❓ Africa loses about USD 80 billion each year through illicit financial flows.
𝑇𝑎𝑥 𝑇𝑟𝑎𝑛𝑠𝑝𝑎𝑟𝑒𝑛𝑐𝑦 𝑖𝑛 𝐴𝑓𝑟𝑖𝑐𝑎 highlights countries' progress towards tax transparency and its impact on domestic resource mobilisation.
➡️
Coming 🔜 Final version of the Taxation of Offshore Indirect Transfers Toolkit.
This report provides guidance on the
#tax
treatment of sale of assets located in one country by an entity which is a tax resident in another country ➡️
#Platform4Tax
#tax4dev
📢
#G20
Finance Ministers and Central Bank Governors endorse the final political agreement to address the tax challenges arising from the digitalisation of the economy and establish a more stable and fairer international
#tax
system. ⤵️
#G20Italy