News

• Eswatini signs landmark agreement to strengthen its tax treaties and Armenia and Côte d'Ivoire deposit their instrument for the ratification of the Multilateral BEPS Convention

  27 September 2023

  Today, Eswatini signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting, at a signing ceremony held in Paris.

• Progress continues in strengthening tax transparency through Country-by-Country reporting

  25 September 2023

  Today, the OECD has released the latest outcomes of the implementation of BEPS Action 13 on the transparency of global operations of large MNEs, demonstrating strong progress in international efforts.

• Public comments received on Amount B under Pillar One relating to the simplification of transfer pricing rules

  20 September 2023

  On 17 July 2023, the OECD invited public comments on the design elements of Amount B under Pillar One relating to the simplification of transfer pricing rules.

• OECD presents international tax update to G20 Leaders

  08 September 2023

  This report sets out the latest developments in international tax reform since November 2022.

• Tunisia deposits its instrument for the ratification of the Multilateral BEPS Convention

  23 August 2023

  On 24 July, Tunisia deposited its instrument of ratification for the Multilateral BEPS Convention, which now covers around 1 850 bilateral tax treaties, underlining its strong commitment to prevent the abuse of tax treaties and base erosion and profit shifting by multinational enterprises.

• OECD and IGF received public comments on draft toolkits to support developing countries in addressing base erosion and profit shifting risks when pricing minerals

  26 July 2023

  On 10 May 2023, as part of the ongoing work of the OECD/IGF partnership on base erosion and profit shifting (BEPS) in the mining sector programme, the OECD and IGF sought public comments on two toolkits. The OECD and IGF are grateful to the commentators for their input and now publish the public comments received.

• The OECD and Global Forum support ECOWAS in strengthening the fight against BEPS and improving tax transparency in West Africa

  26 July 2023

  As part of the European Union's Fiscal Transition Support Programme in West Africa, the OECD and the Global Forum have collaborated with the Economic Community of West African States and the West African Economic and Monetary Union commissions in the development of three community legal tax instruments.

• [REPLAY] Watch the latest OECD Tax Talks

  19 July 2023

  With a number of recent developments in the OECD’s international tax agenda, we invite you to join a live webinar with experts from the Centre for Tax Policy and Administration for an update on our work.

• OECD reports strong progress to G20 on international tax reforms

  17 July 2023

  The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) is making strong progress with ongoing reforms of the international tax system, according to the OECD Secretary-General’s latest tax report to G20 Finance Ministers and Central Bank Governors for their meeting in Gandhinagar this week.

• OECD invites public input on Amount B under Pillar One relating to the simplification of transfer pricing rules

  17 July 2023

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy and following the agreed Outcome Statement, the OECD is seeking public comments on Amount B under Pillar One.

• OECD presents international tax update to G20 Finance Ministers and Central Bank Governors

  17 July 2023

  This report sets out the latest developments in international tax reform since February 2023.

• 138 countries and jurisdictions agree historic milestone to implement global tax deal

  12 July 2023

  Yesterday, 138 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) - representing over 90% of global GDP - agreed an Outcome Statement recognising the significant progress made and allowing countries and jurisdictions to move forward with historic, major reform of the international tax system.

• OECD launches new version of the BEPS Multilateral Convention Matching Database to further support international tax co-operation

  29 June 2023

  A new and improved version of the database supporting the application of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "BEPS MLI") has been released and will allow tax authorities and other interested parties to make projections on how the MLI modifies a specific tax treaty.

• Continued progress on countering harmful tax practices as jurisdictions bring their preferential regimes in line with international standards

  21 June 2023

  Jurisdictions continue making progress on implementing the international standard under BEPS Action 5 to address harmful tax practices, as the OECD/G20 Inclusive Framework on BEPS releases new results on preferential tax regimes.

• Uzbekistan joins the Inclusive Framework on BEPS and participates in the agreement to address the tax challenges arising from the digitalisation of the economy

  09 June 2023

  Uzbekistan joins international efforts against tax evasion and avoidance by joining the OECD/G20 Inclusive Framework on BEPS. Uzbekistan has also committed to addressing the tax challenges arising from the digitalisation of the economy by joining the two-pillar plan to reform the international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate.

• Viet Nam deposits its instrument for the ratification of the Multilateral BEPS Convention

  23 May 2023

  Vietnam ratifies BEPS Convention, now covering around 1850 bilateral tax treaties, showing commitment against abuse of tax treaties and BEPS by multinational enterprises. Effective from 1 September 2023.

• OECD and IGF invite public comments on draft toolkits to support developing countries in addressing base erosion and profit shifting risks when pricing minerals

  10 May 2023

  As part of the ongoing work of the OECD/IGF partnership on base erosion and profit shifting in the mining programme, the OECD and IGF are seeking public comments on two toolkits. The first toolkit provides a framework that is designed to support developing countries in addressing the transfer pricing challenges faced when pricing minerals. The second toolkit applies this transfer pricing framework to a specific mineral (bauxite).

• Sustained progress demonstrated in the latest OECD peer review results on the prevention of tax treaty shopping

  21 March 2023

  These peer review results reveal that members of the Inclusive Framework on BEPS are respecting their commitment to implement the minimum standard on treaty shopping and further confirms the importance of the BEPS Multilateral Instrument (MLI) as the tool used by the vast majority of jurisdictions that have started to implement the BEPS Action 6 minimum standard.

• Public consultation meeting on compliance and tax certainty aspects of global minimum tax

  16 March 2023

  The OECD/G20 Inclusive Framework on BEPS invites public input on compliance and tax certainty aspects of global minimum tax.

• Tax challenges arising from digitalisation: Public comments received on compliance and tax certainty aspects of global minimum tax

  16 February 2023

  On 20 December 2022, as part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the Inclusive Framework invited public comments on the compliance and co-ordination aspects of the Pillar Two global minimum tax.

• International tax reform: OECD releases technical guidance for implementation of the global minimum tax

  02 February 2023

  The OECD/G20 Inclusive Framework on BEPS released today technical guidance to assist governments with implementation of the landmark reform to the international tax system, which will ensure multinational enterprises will be subject to a 15% effective minimum tax rate.

• Tax challenges arising from digitalisation: Public comments received on the design elements of Amount B under Pillar One relating to the simplification of transfer pricing rules

  30 January 2023

  On 8 December 2022, the OECD invited public comments on the design elements of Amount B under Pillar One relating to the simplification of transfer pricing rules.

• Tax dispute resolution: OECD releases revised methodology for the BEPS Action 14 peer reviews, additional data points in the MAP Statistics and a new framework for APA Statistics

  24 January 2023

  Following the successful completion of peer reviews under the existing BEPS Action 14 Assessment Methodology, the OECD/G20 Inclusive Framework on BEPS has agreed a new Assessment Methodology for continuing the robust peer review process that seeks to increase efficiencies and improve the timeliness of the resolution of double taxation disputes.

• Tax challenges arising from digitalisation: Public comments received on the draft Multilateral Convention provisions on digital services taxes and other relevant similar measures under Amount A of Pillar One

  24 January 2023

  On 20 December 2022, the OECD invited public comments on the Draft Multilateral Convention Provisions on Digital Services Taxes and other Relevant Similar Measures under Amount A of Pillar One to assist members in further refining and finalising the relevant rules.

• Revenue impact of international tax reform better than expected: OECD

  18 January 2023

  Revenue gains from the implementation of a historic agreement to reform the international tax system will be higher than previously expected, according to new OECD analysis released today.

• [REPLAY] Webinar on the economic impact of the Two-Pillar Solution

  18 January 2023

  As part of the work by the OECD/G20 Inclusive Framework on BEPS relating to the tax challenges arising from the digitalisation of the economy, the OECD has been carrying out an economic analysis and impact assessment of the Pillar One and Pillar Two proposals. We hosted a series of live events with OECD experts to explore this work.

• OECD releases results that show further progress in countering harmful tax practices

  05 January 2023

  Jurisdictions continue making progress on implementing the international standard under BEPS Action 5 to address harmful tax practices, as the OECD/G20 Inclusive Framework on BEPS releases new results on preferential tax regimes and substantial activities in no or only nominal tax jurisdictions.

• Tax challenges of digitalisation: OECD invites comments on compliance and tax certainty aspects of global minimum tax

  20 December 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on compliance and co-ordination aspects of the Pillar Two global minimum tax.

• Tax challenges of digitalisation: OECD invites public input on the draft Multilateral Convention provisions on digital services taxes and other relevant similar measures under Amount A of Pillar One

  20 December 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on the Draft Multilateral Convention (MLC) Provisions on Digital Services Taxes (DSTs) and other Relevant Similar Measures of Amount A of Pillar One.

• Further progress on two-pillar solution: OECD releases consultation document on the withdrawal of digital service taxes and other relevant similar measures under Pillar One and an implementation package for Pillar Two

  20 December 2022

  A year after the international community reached a landmark agreement on a two-pillar solution to reform the international tax rules to address the tax challenges arising from globalisation and digitalisation, progress continues towards its implementation across both pillars.

• Azerbaijan joins the Inclusive Framework on BEPS and participates in the agreement to address the tax challenges arising from the digitalisation of the economy

  16 December 2022

  Azerbaijan joins international efforts against tax evasion and avoidance by joining the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS).

• Significant progress on countering harmful tax practices with almost 50 000 exchanges of information on tax rulings undertaken to date under the BEPS Action 5 standard

  14 December 2022

  Today, the OECD/G20 Inclusive Framework on BEPS released the latest peer review assessments for 131 jurisdictions in relation to the compulsory spontaneous exchange of information on tax rulings.

• Tax challenges of digitalisation: OECD invites public input on the design elements of Amount B under Pillar One relating to the simplification of transfer pricing rules

  08 December 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on the main design elements of Amount B under Pillar One.

• [REPLAY] OECD Tax Certainty Day 2022

  22 November 2022

  This event provided an opportunity for tax policy makers, tax administrations, business representatives and other stakeholders to take stock of the tax certainty agenda and move towards further improvements in both dispute prevention and dispute resolution.

• New OECD data highlight multinational tax avoidance risks and the need for swift implementation of international reform

  17 November 2022

  New data released today highlight continuing base erosion and profit shifting (BEPS) risks and the need to implement the two-pillar solution to ensure that large multinational enterprises (MNEs) pay a fair share of tax wherever they operate and earn their profits.

• Public comments received on the Progress Report on the Administration & Tax Certainty Aspects of Amount A of Pillar One

  16 November 2022

  On 6 October 2022, as part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD invited public comments on the Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One to assist members in further refining and finalising the relevant rules.

• Countries making substantial progress towards implementation of the two-pillar international tax reform

  06 October 2022

  A year after the international community reached a landmark agreement on a two-pillar solution to reform the international tax rules to address the tax challenges arising from globalisation and digitalisation, strong progress continues towards its implementation.

• OECD invites public input on the Progress Report on Administration and Tax Certainty Aspects of Amount A of Pillar One

  06 October 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on the Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One.

• 14th meeting of the OECD/G20 Inclusive Framework on BEPS

  06 October 2022

  Certain sessions of the 14th plenary meeting of the OECD/G20 Inclusive Framework on BEPS were available for the public to watch online on the afternoon of Thursday 6 October, allowing a glimpse into the various international tax-related work streams undertaken by the over 135 member countries and jurisdictions of the Inclusive Framework.

• Mongolia signs landmark agreement to strengthen its tax treaties and South Africa deposits an instrument for the ratification of the Multilateral BEPS Convention

  06 October 2022

  Today, Mongolia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the BEPS Convention), at a signing ceremony held in Paris at the 14th meeting of the Inclusive Framework on BEPS.

• Bulgaria deposits an instrument for the ratification of the Multilateral BEPS Convention

  16 September 2022

  Bulgaria has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention) thus underlining its strong commitment to prevent the abuse of tax treaties and base erosion and profit shifting (BEPS) by multinational enterprises. The BEPS Convention will enter into force on 1 January 2023 for Bulgaria.

• Making tax dispute resolution more effective: New peer review assessments

  13 September 2022

  Under BEPS Action 14, jurisdictions have committed to implement a minimum standard to improve the resolution of tax-related disputes between jurisdictions.

• Replay: Public consultation meeting on Amount A of Pillar One

  12 September 2022

  As part of the ongoing work to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD sought public comments on the draft model rules to implement a new taxing right that will allow market jurisdictions to tax profits from some of the largest multinational enterprises ("Amount A of Pillar One").

• Public comments received on the Progress Report on Amount A of Pillar One

  25 August 2022

  On 11 July 2022, as part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD invited public comments on the Progress Report on Amount A of Pillar One to assist members in further refining and finalising the relevant rules.

• Lesotho deposits an instrument for the ratification of the Multilateral BEPS Convention

  28 July 2022

  Lesotho has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention) thus underlining its strong commitment to prevent the abuse of tax treaties and base erosion and profit shifting (BEPS) by multinational enterprises. The BEPS Convention will enter into force on 1 November 2022 for Lesotho.

• BEPS Action 5: New results show progress continues in combatting harmful tax practices

  27 July 2022

  Further progress has been made on the implementation of the international standard on harmful tax practices as the OECD/G20 Inclusive Framework on BEPS agrees new conclusions on preferential tax regimes and substance in no or only nominal tax jurisdictions.

• International tax reform: Multilateral Convention to implement Pillar One on track for delivery by mid-2023

  11 July 2022

  Implementation of the international tax reform agreement to ensure multinational enterprises pay a fair share of tax wherever they operate is progressing, according to an OECD report delivered to G20 finance ministers and central bank governors ahead of their meeting in Indonesia later this week.

• Tax challenges of digitalisation: OECD invites public input on the Progress Report on Amount A of Pillar One

  11 July 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on the Progress Report on Amount A of Pillar One.

• Public comments received on tax certainty aspects of Amount A under Pillar One

  15 June 2022

  On 27 May 2022, as part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD invited public comments on tax certainty aspects under Amount A of Pillar One to assist members in further refining and finalising the relevant rules.

• OECD invites public input on tax certainty aspects of Amount A under Pillar One

  27 May 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on two consultation documents relating to tax certainty: a Tax Certainty Framework for Amount A and Tax Certainty for Issues Related to Amount A under Pillar One.

• China deposits an instrument for the approval of the Multilateral BEPS Convention

  25 May 2022

  China has deposited its instrument of approval for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention). China's instrument of approval also covers Hong Kong (China)'s bilateral tax treaties. The Convention will enter into force on 1 September 2022 for China.

• Public comments received on the regulated financial services exclusion under Amount A of Pillar One

  25 May 2022

  On 6 May 2022, the OECD invited public comments on the Regulated Financial Services Exclusion under Amount A of Pillar One to assist members in further refining and finalising the relevant rules. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• Senegal deposits an instrument for the ratification of the Multilateral BEPS Convention

  10 May 2022

  Senegal has deposited its instrument of ratification for the Multilateral BEPS Convention, which now covers over 1 820 bilateral tax treaties, thus underlining its strong commitment to prevent the abuse of tax treaties and base erosion and profit shifting (BEPS) by multinational enterprises. The Convention will enter into force on 1 September 2022 for Senegal.

• OECD invites public input on the regulated financial services exclusion under Amount A of Pillar One

  06 May 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on the Regulated Financial Services Exclusion under Amount A of Pillar One.

• Public comments received on the extractives exclusion under Amount A of Pillar One

  03 May 2022

  On 14 April 2022, the OECD invited public comments on the Extractives Exclusion under Amount A of Pillar One to assist members in further refining and finalising the relevant rules. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• REPLAY: Public consultation meeting on the Implementation Framework of the global minimum tax

  25 April 2022

  The OECD/G20 Inclusive Framework on BEPS invites public input on the matters that need to be addressed as part of the Implementation Framework to support tax authorities in the implementation and administration of the GloBE Rules.

• Public comments received on the draft rules for scope under Amount A of Pillar One

  22 April 2022

  On 4 April 2022, the OECD invited public comments on the Draft Model Rules for Domestic Legislation on Scope under Amount A of Pillar One to assist members in further refining and finalising the relevant rules.

• Belize and Cameroon deposit instruments for the ratification and Japan extends the application of the Multilateral BEPS Convention

  21 April 2022

  Belize and Cameroon have deposited their instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention), which now covers over 1820 bilateral tax treaties, thus underlining their strong commitment to prevent the abuse of tax treaties and base erosion and profit shifting (BEPS) by multinational enterprises.

• OECD invites public input on extractives exclusion under Amount A of Pillar One

  14 April 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on Extractives Exclusion under Amount A of Pillar One.

• Making tax dispute resolution more effective: New peer review assessments

  14 April 2022

  Under BEPS Action 14, jurisdictions have committed to implement a minimum standard to improve the resolution of tax-related disputes between jurisdictions. Despite the significant disruption caused by the ongoing COVID-19 pandemic and the necessity to hold all meetings virtually, work has continued with the release today of the Stage 2 peer review monitoring reports .

• Public comments received on the Implementation Framework of the global minimum tax

  13 April 2022

  On 14 March 2022, interested parties were invited to provide comments on the Implementation Framework of the global minimum tax. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• OECD invites public input on the draft rules for scope under Amount A of Pillar One

  04 April 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on the Draft Model Rules for Domestic Legislation on Scope under Amount A of Pillar One.

• Thailand deposits its instrument for the ratification of the Multilateral BEPS Convention

  31 March 2022

  Thailand has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Convention or MLI), which now covers over 1800 bilateral tax treaties.

• New results on the prevention of tax treaty shopping show progress continues with the implementation of international tax avoidance measures

  21 March 2022

  The implementation of the BEPS package to tackle international tax avoidance continues to progress, as the OECD releases the latest peer review report 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.

• OECD releases detailed technical guidance on the Pillar Two model rules for 15% global minimum tax

  14 March 2022

  Today the OECD/G20 Inclusive Framework on BEPS released further technical guidance on the 15% global minimum tax agreed in October 2021 as part of the two-pillar solution to address the tax challenges arising from digitalisation of the economy. The Commentary published today elaborates on the application and operation of the Global Anti-Base Erosion (GloBE) Rules agreed and released in December 2021.

• OECD invites public input on the Implementation Framework of the global minimum tax

  14 March 2022

  Stakeholder input on issues of administration, operation, compliance and rule co-ordination will be critical in identifying the Inclusive Framework’s priorities in developing the GloBE Implementation Framework that is efficient for taxpayers and tax administrations and preserve consistent and co-ordinated outcomes for MNE’s that avoid the risk of double taxation.

• Public comments received on the draft rules for tax base determinations under Amount A of Pillar One

  08 March 2022

  On 18 February 2022, the OECD invited public comments on the Draft Model Rules for Tax Base Determinations under Amount A of Pillar One to assist members in further refining and finalising the relevant rules. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• Jamaica's Marlene Nembhard-Parker appointed Co-chair of OECD/G20 Inclusive Framework on BEPS

  01 March 2022

  The OECD/G20 Inclusive Framework on BEPS has elected Marlene Nembhard-Parker of Tax Administration Jamaica (TAJ), Ministry of Finance and the Public Service as their new co-chair. Ms. Nembhard-Parker will lead the group with Fabrizia Lapecorella of Italy who, as Chair of the OECD’s Committee on Fiscal Affairs (CFA), currently serves as Chair of the Inclusive Framework on BEPS.

• Bahrain and Romania deposit instruments for the ratification of the Multilateral BEPS Convention

  28 February 2022

  Bahrain and Romania have deposited their instrument of approval or ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Convention or MLI), which now covers over 1800 bilateral tax treaties, thus underlining their strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises.

• OECD releases third batch of transfer pricing country profiles

  28 February 2022

  The OECD has released the third batch of 2021/2022 updates to the transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of 28 jurisdictions.

• Public comments received on the draft rules for nexus and revenue sourcing under Pillar One Amount A

  22 February 2022

  On 4 February 2022, the OECD invited public comments on the Draft Rules for Nexus and Revenue Sourcing under Pillar One Amount A to assist members in further refining and finalising the relevant rules. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• OECD invites public input on the draft rules for tax base determinations under Amount A of Pillar One

  18 February 2022

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on the Draft Rules for Tax Base Determinations under Amount A of Pillar One.

• OECD presents international tax update to G20 Finance Ministers and Central Bank Governors

  18 February 2022

  This report outlines key developments in international tax reform in recent months, in particular the developments regarding the two-pillar agreement, as well as progress made in tax transparency, the implementation of the BEPS minimum standards and the taxation of MNEs. The report also provides the latest on OECD work to establish an Inclusive Framework-like initiative to facilitate dialogue on implicit and explicit carbon pricing.

• Lesotho, Thailand and Viet Nam sign landmark agreement to strengthen their tax treaties

  09 February 2022

  Today, Lesotho, Thailand and Viet Nam signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention or MLI), becoming the 97th, 98th and 99th jurisdiction to join the Convention, which now covers over 1800 bilateral tax treaties.

• OECD launches public consultation on the tax challenges of digitalisation with the release of a first building block under Pillar One

  04 February 2022

  Following the agreement reached in October 2021 by over 135 members of the OECD/G20 Inclusive Framework on BEPS to a two-pillar solution to address the tax challenges arising from digitalisation and globalisation of the economy, work on the implementation of the two-pillar plan is well underway.

• Countries continue the successful implementation of international standards on harmful tax practices and tax dispute resolution

  24 January 2022

  Progress continues in combatting harmful tax practices and providing greater tax certainty. New outcomes on the review of preferential tax regimes and new peer review reports on Mutual Agreement Procedures have been approved by the OECD/G20 Inclusive Framework on BEPS.

• OECD releases latest edition of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations

  20 January 2022

  Today, the OECD releases the 2022 edition of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations.

• OECD releases Pillar Two model rules for domestic implementation of 15% global minimum tax

  20 December 2021

  The OECD today published detailed rules to assist in the implementation of a landmark reform to the international tax system, which will ensure Multinational Enterprises (MNEs) will be subject to a minimum 15% tax rate from 2023.

• The Seychelles and Iceland deposit new notifications under the Multilateral BEPS Convention

  14 December 2021

  The MLI has already started to impact the bilateral treaties of 68 jurisdictions that have ratified it. From 1 January 2022, it is expected to impact over 850 treaties concluded among those 68 jurisdictions, with an additional 900 treaties whose application would be modified once the MLI is ratified by all Signatories, thereby affecting a total of 1750 treaties worldwide.

• Over 130 jurisdictions comprehensively reviewed in the latest BEPS Action 5 peer review on tax rulings

  14 December 2021

  Today, the OECD/G20 Inclusive Framework on BEPS is releasing the 2020 peer review assessments of 131 jurisdictions in relation to the spontaneous exchanges of information on tax rulings.

• OECD releases new transfer pricing profiles for 21 countries

  13 December 2021

  The OECD has 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. Today’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.

• Tunisia, OECD and EU strengthen tax co-operation to improve domestic resource mobilisation in Tunisia

  10 December 2021

  Tunisia, OECD and EU extend their programme "Improving Domestic Resource Mobilisation through the Establishment of an Efficient Tax System and Enhanced Tax Transparency" and to expand it to new key areas of assistance including the implementation of the landmark agreement on international taxation.

• Belgium, Estonia, the Netherlands and Qatar deposit new notifications under the Multilateral BEPS Convention

  25 November 2021

  Belgium, Estonia, the Netherlands and Qatar have deposited new notifications under the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Convention or MLI) subsequent to their ratification.

• New mutual agreement procedure statistics on the resolution of international tax disputes released on OECD Tax Certainty Day

  22 November 2021

  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 today the latest mutual agreement procedure (MAP) statistics covering 118 jurisdictions and practically all MAP cases worldwide.

• OECD and Eurasian officials meet to discuss latest developments in international tax

  19 November 2021

  Over 100 delegates from 18 Eurasian jurisdictions, as well as participants from business and academia, and international organisations, gathered virtually on 18-19 November 2021 for the 7th Regional Meeting on BEPS for Eurasian Countries.

• Mauritania joins the Inclusive Framework on BEPS and participates in the agreement to address the tax challenges arising from the digitalisation of the economy

  04 November 2021

  Mauritania joins international efforts against tax evasion and avoidance by joining the OECD/G20 Inclusive Framework on BEPS as its 141st member.

• OECD Secretary-General Mathias Cormann welcomes outcome of the G20 Leaders Summit

  31 October 2021

  OECD Secretary-General Mathias Cormann welcomed today’s G20 Leaders’ Declaration, recognising the historic tax agreement reached by the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS).

• OECD presents international tax update to G20 Leaders

  31 October 2021

  This report provides an update on the G20’s international tax agenda, incl. work on addressing the tax challenges arising from the digitalisation of the economy; summarises three reports requested under the Italian G20 Presidency on Tax Policy and Climate Change, Developing Countries and BEPS, and Tax and Fiscal Policies after the COVID-19 Crisis; and includes an update on recent developments in tax transparency and the work on BEPS.

• Progress continues in making tax dispute resolution more effective and in improving tax transparency through Country-by-Country reporting

  18 October 2021

  Under OECD/G20 Inclusive Framework on BEPS, 140 jurisdictions have committed to implement minimum standards to improve the taxation of multinational enterprises (MNEs) worldwide. Today, the OECD has released the latest outcomes of the implementation of BEPS Action 13 on the transparency of global operations of large MNEs and BEPS Action 14 on the resolution of tax related disputes between jurisdictions.

• OECD presents international tax update to G20 Finance Ministers and Central Bank Governors

  13 October 2021

  This report provides an update on the G20’s international tax agenda, incl. work on addressing the tax challenges arising from the digitalisation of the economy; summarises three reports requested under the Italian G20 Presidency on Tax Policy and Climate Change, Developing Countries and BEPS, and Tax and Fiscal Policies after the COVID-19 Crisis; and includes an update on recent developments in tax transparency and the work on BEPS.

• International community strikes a ground-breaking tax deal for the digital age

  08 October 2021

  Major reform of the international tax system finalised today at the OECD will ensure that Multinational Enterprises (MNEs) will be subject to a minimum 15% tax rate from 2023.

• Andorra, Namibia and Spain take further steps to strengthen their tax treaties

  30 September 2021

  Today, Namibia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention or MLI), becoming the 96th jurisdiction to join the Convention. Earlier this week, Andorra and Spain deposited their instruments of ratification for the Convention thus underlining their strong commitment to prevent the abuse of tax treaties and BEPS by MNEs.

• Togo joins the Inclusive Framework on BEPS and participates in the agreement to address the tax challenges arising from the digitalisation of the economy

  31 August 2021

  Togo joins international efforts against tax evasion and avoidance by joining the OECD/G20 Inclusive Framework on BEPS as its 140th member. Through its membership, Togo has also committed to addressing the tax challenges arising from the digitalisation of the economy by joining the two-pillar plan to reform the international taxation rules, bringing to 134 the total number of jurisdictions participating in the agreement.

• Barbados joins agreement to address the tax challenges arising from the digitalisation of the economy

  12 August 2021

  Barbados has joined the two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate, bringing to 133 the total number of jurisdictions participating in the agreement.

• Progress towards a fairer global tax system continues as additional countries bring their preferential tax regimes in line with international standards

  05 August 2021

  Progress continues in combatting harmful tax practices as new outcomes on the review of preferential tax regimes have been approved by the OECD/G20 Inclusive Framework on BEPS, which groups 139 countries and jurisdictions on an equal footing for multilateral negotiation of international tax rules.

• OECD updates transfer pricing country profiles to include new fields on financial transactions and permanent establishments

  03 August 2021

  The OECD has published updated transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of 20 jurisdictions. These updated profiles also contain new information on countries' legislation and practices regarding the transfer pricing treatment of financial transactions and the application of the Authorised OECD Approach to attribute profits to permanent establishments.

• New OECD data highlights the importance of the international tax reform discussions

  29 July 2021

  New data, released today, underlines the importance of the two-pillar plan being advanced by over 130 members of the OECD/G20 Inclusive Framework on BEPS to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate.

• Making tax dispute resolution more effective: New peer review assessments for Argentina, Chile, Colombia, Croatia, India, Latvia, Lithuania and South Africa

  26 July 2021

  Under BEPS Action 14, jurisdictions have committed to implement a minimum standard to improve the resolution of tax-related disputes between jurisdictions. Despite the significant disruption caused by the ongoing COVID-19 pandemic and the necessity to hold all meetings virtually, work has continued with the release today of the Stage 2 peer review monitoring reports.

• OECD presents international tax update to G20 Finance Ministers

  05 July 2021

  This report provides an update on the historic success of the Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalisation of the Economy adopted on 1 July 2021 by a majority of G20/OECD Inclusive Framework on BEPS members. It also includes a short update on the tax policy aspects of climate change and the progress made in support to developing countries in building sustainable tax systems.

• Statement from OECD Secretary-General Mathias Cormann on the outcome of the G7 Finance Ministers’ Meeting

  05 June 2021

  OECD Secretary-General Mathias Cormann welcomed today’s ground-breaking agreement by G7 Finance Ministers on key elements of international tax reform designed to address the tax challenges of the digitalisation and the globalisation of the economy.

• Making tax dispute resolution more effective: New peer review assessments for Estonia, Greece, Hungary, Iceland, Romania, Slovak Republic, Slovenia and Turkey

  25 May 2021

  Despite the significant disruption caused by the COVID-19 pandemic and the necessity to hold all meetings virtually, work has continued with the release today of the stage 2 peer review monitoring reports for Estonia, Greece, Hungary, Iceland, Romania, the Slovak Republic, Slovenia and Turkey.

• Conference of the Parties to the MLI approve an opinion on interpretation and implementation

  20 May 2021

  On 3 May 2021, the Conference of the Parties to the MLI approved an opinion that sets out a series of guiding principles for addressing questions about the interpretation and implementation of the MLI.

• Making tax dispute resolution more effective: New peer review assessments for Australia, Ireland, Israel, Japan, Malta, Mexico, New Zealand and Portugal

  15 April 2021

  Despite the significant disruption caused by the COVID-19 pandemic and the necessity to hold all meetings virtually, work has continued with the release today of the stage 2 peer review monitoring reports for Australia, Ireland, Israel, Japan, Malta, Mexico, New Zealand and Portugal.

• OECD presents international tax update to G20 Finance Ministers

  07 April 2021

  Reports on the latest developments in the international tax agenda. Outlines new reports on: tax measures introduced in response to COVID-19 (OECD); and tax policy and climate change (IMF/OECD). Provides an update on G20 tax deliverables including tax transparency, BEPS implementation, supporting developing countries, tax certainty and addressing tax evasion. Overviews ongoing work to address tax challenges arising from digitalisation.

• OECD releases new peer review results on the prevention of tax treaty shopping under the BEPS Action 6 minimum standard

  01 April 2021

  Progress continues with the implementation of the BEPS package to tackle international tax avoidance, as the OECD releases the latest peer review report assessing jurisdictions’ efforts to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project. A revised peer review document forming the basis of the assessment of the Action 6 minimum standard was also released today.

• Tax transparency moves forward as no or only nominal tax jurisdictions first exchange information on the substance of entities

  31 March 2021

  Twelve jurisdictions with no or only nominal tax began today carrying out information exchanges under the Forum on Harmful Tax Practice's global standard on substantial activities.

• Greece and Hungary deposit their instrument of ratification for the Multilateral BEPS Convention

  30 March 2021

  Greece and Hungary deposited their instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (Multilateral Convention or MLI), which now covers over 1700 bilateral tax treaties, thus underlining their strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Greece and Hungary, the MLI will enter into force on 1 July 2021.

• Tax treaties: OECD publishes 30 country profiles applying Arbitration under the multilateral BEPS Convention

  25 March 2021

  The OECD, in its capacity as Depositary of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI), has today published the Arbitration Profiles of 30 jurisdictions applying Part VI on Arbitration of the MLI and an opinion of the Conference of the Parties to the MLI.

• OECD presents international tax update to G20 Finance Ministers

  26 February 2021

  In addition to an update on the progress we are making to address the tax challenges arising from the digitalisation of the economy, the report also provides an update on the other G20 tax deliverables (tax transparency, implementation of the BEPS measures and capacity building to support developing countries), which continue to produce successful results.

• BEPS Action 5: OECD agrees new peer review process to foster transparency on tax rulings

  22 February 2021

  In order to maintain and further improve transparency on tax rulings, the OECD/G20 Inclusive Framework on BEPS, which groups over 135 countries and jurisdictions on an equal footing for multilateral negotiation of international tax rules, approved the process for the BEPS Action 5 peer review of the transparency framework for the years 2021 to 2025.

• Croatia and Malaysia deposit their instrument of ratification for the Multilateral BEPS Convention

  18 February 2021

  Croatia and Malaysia deposited their instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (Multilateral Convention or MLI), which now covers over 1700 bilateral tax treaties, thus underlining their strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Croatia and Malaysia, the MLI will enter into force on 1 June 2021.

• OECD releases the final batch of the stage 1 peer review reports for BEPS Action 14 on dispute resolution mechanisms

  16 February 2021

  The stage 1 peer review assessments for Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Trinidad and Tobago, Saint Kitts and Nevis, Thailand, United Arab Emirates and Viet Nam evaluate the efforts made by each jurisdiction to implement the Action 14 minimum standard of the OECD/G20 BEPS Project, which aims to improve the resolution of tax-related disputes between jurisdictions.

• Replay: Public consultation meeting on the 2020 Review of BEPS Action 14

  01 February 2021

  The OECD invited public comments on the 2020 Review of BEPS Action 14. This public consultation meeting will on the key questions identified in the consultation document and raised in the written submissions received as part of the consultation process.

• Replay: 11th meeting of the OECD/G20 Inclusive Framework on BEPS

  27 January 2021

  Due to the ongoing health crisis, the 11th plenary meeting of the OECD/G20 Inclusive Framework on BEPS will be held virtually and open to the public, allowing a glimpse into the various international tax-related workstreams undertaken by the Inclusive Framework to date.

• OECD/G20 Inclusive Framework on BEPS to meet at plenary level on 27-28 January 2021

  21 January 2021

  The OECD/G20 Inclusive Framework on BEPS will hold its biannual plenary meeting on 27-28 January 2021.

• Platform for Collaboration on Tax's new toolkit helps countries implement effective transfer pricing documentation requirements

  19 January 2021

  The Platform for Collaboration on Tax, a joint initiative of IMF, OECD, UN and the World Bank, has released the final version of the Practical Toolkit to Support the Successful Implementation by Developing Countries of Effective Transfer Pricing Documentation Requirements.

• Estonia deposits its instrument of ratification for the Multilateral BEPS Convention

  15 January 2021

  Estonia deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (Multilateral Convention or MLI), which now covers over 1700 bilateral tax treaties, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Estonia, the MLI will enter into force on 1 May 2021.

• Tax and digital: Public consultation meeting on the Pillar One and Pillar Two Blueprints

  14 January 2021

  The OECD/G20 Inclusive Framework on BEPS invites public input on the Reports on Pillar One and Pillar Two Blueprints. This public consultation meeting focused on the key questions identified in the consultation document and raised in the written submissions received as part of the consultation process.

• Public comments received on the 2020 Review of BEPS Action 14

  13 January 2021

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD invited public comments on the 2020 Review of BEPS Action 14. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• Barbados deposits its instrument of ratification for the Multilateral BEPS Convention

  21 December 2020

  Barbados deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Convention or MLI), which now covers over 1700 bilateral tax treaties, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Barbados, the MLI will enter into force on 1 April 2021.

• Germany and Pakistan deposit their instrument of ratification for the Multilateral BEPS Convention and other updates

  18 December 2020

  Germany and Pakistan have deposited their instrument of ratification for the BEPS MLI, which now covers almost 1700 bilateral tax treaties, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Germany and Pakistan, the MLI will enter into force on 1 April 2021.

• Tax challenges arising from digitalisation: Public comments received on the Pillar One and Pillar Two Blueprints

  16 December 2020

  On 12 October 2020, as part of the ongoing work to develop a solution to the tax challenges of the digitalisation of the economy, the OECD/G20 Inclusive Framework on BEPS invited public comments on the Reports on the Pillar One and Pillar Two Blueprints. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• OECD publishes information on the state of implementation of the hard-to-value intangibles approach by members of the Inclusive Framework on BEPS

  16 December 2020

  The OECD has published jurisdiction-specific information on the implementation of the hard-to-value intangibles ("HTVI") approach. To date, 40 jurisdictions have provided information on whether their domestic legal system provides for transfer pricing rules aimed at transactions involving HTVI.

• BEPS Action 5: Transparency on tax rulings now the global norm, according to new peer review assessments

  15 December 2020

  As part of continuing efforts to improve tax transparency, the OECD/G20 Inclusive Framework on BEPS has reviewed the progress made by 124 jurisdictions in spontaneously exchanging information on tax rulings, in accordance with the BEPS Action 5 minimum standard.

• Bahrain signs landmark agreement to strengthen its tax treaties

  27 November 2020

  Bahrain has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 95th jurisdiction to join the Convention, which now covers over 1,700 bilateral tax treaties.

• Chile deposits its instrument of ratification for the Multilateral BEPS Convention and other updates

  26 November 2020

  Chile has deposited its instrument of ratification for the MLI, which now covers almost 1700 bilateral tax treaties, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Chile, the MLI will enter into force on 1 March 2021.

• OECD delivers on tackling harmful tax practices, as a further set of preferential tax regimes are dismantled or tightened (BEPS Action 5)

  23 November 2020

  Jurisdictions continue making progress in countering harmful tax practices, as contemplated in the BEPS Action 5 minimum standard, with the Inclusive Framework on BEPS now having approved the outcomes of the 2020 reviews by the OECD Forum on Harmful Tax Practices.

• OECD presents international tax update to G20 Leaders

  23 November 2020

  This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

• OECD and Eurasian officials meet to discuss latest developments in international tax

  20 November 2020

  Over 100 delegates from 28 countries, as well as international and regional organisations, business, and civil society gathered virtually from 17-19 November 2020 for the Sixth Regional Meeting on BEPS for Eurasian Countries.

• OECD releases 2019 MAP statistics and calls for stakeholder input on the BEPS Action 14 review on Tax Certainty Day

  18 November 2020

  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 releases today the latest mutual agreement procedure statistics covering 105 jurisdictions and almost all MAP cases worldwide.

• OECD secretariat invites public input on the 2020 Review of BEPS Action 14

  18 November 2020

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD secretariat is seeking public comments on the 2020 review of BEPS Action 14.

• Panama deposits its instrument of ratification for the Multilateral BEPS Convention

  05 November 2020

  Today, Panama deposited its instrument of ratification for the BEPS Multilateral Convention with the OECD’s Secretary-General, Angel Gurría, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Panama, the MLI will enter into force on 1 March 2021.

• Burkina Faso deposits its instrument of ratification for the Multilateral BEPS Convention

  30 October 2020

  Today, Burkina Faso deposited its instrument of ratification for the BEPS Multilateral Convention with the OECD’s Secretary-General, Angel Gurría, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Burkina Faso, the MLI will enter into force on 1 February 2021.

• OECD releases new methodology for the peer review of BEPS Action 13

  29 October 2020

  Today the OECD released the new methodology for the peer review of BEPS Action 13 Country-by-Country Reporting. The documents form the basis on which the continuing BEPS Action 13 peer review processes will be undertaken.

• Making tax dispute resolution more effective: New peer review assessments for Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain

  22 October 2020

  Despite the significant disruption caused by the COVID-19 pandemic and the necessity to hold all meetings virtually, work has continued with the release today of the stage 2 peer review monitoring reports for Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain.

• OECD presents international tax update to G20 Finance Ministers

  12 October 2020

  In addition to an update on the progress we are making to address the tax challenges arising from the digitalisation of the economy, the report provides the latest progress on other G20 deliverables: notably on tax transparency with the 2019 AEOI figures, implementation of the BEPS standards & capacity building for developing countries.

• Tax and digital: OECD/G20 Inclusive Framework on BEPS invites public input on the Pillar One and Pillar Two Blueprints

  12 October 2020

  As part of the ongoing work to develop a solution to the tax challenges of the digitalisation of the economy, the OECD/G20 Inclusive Framework on BEPS is seeking public comments on the Reports on Pillar One and Pillar Two Blueprints.

• Egypt deposits its instrument of ratification for the Multilateral BEPS Convention

  30 September 2020

  Today, Egypt deposited its instrument of ratification for the BEPS Multilateral Convention with the OECD’s Secretary-General, Angel Gurría, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Egypt, the MLI will enter into force on 1 January 2021.

• Jordan deposits its instrument of ratification for the Multilateral BEPS Convention

  29 September 2020

  Today, Jordan deposited its instrument of ratification for the BEPS Multilateral Convention with the OECD’s Secretary-General, Angel Gurría, thus underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Jordan, the MLI will enter into force on 1 January 2021.

• OECD/G20 Inclusive Framework on BEPS shows progress in implementing tax transparency through Action 13 Country-by-Country reporting

  24 September 2020

  The OECD has released the outcomes of the third phase of peer reviews of the BEPS Action 13 Country-by-Country reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises worldwide.

• Albania, Bosnia and Herzegovina and Costa Rica deposit their instruments of ratification and France extends the application for the Multilateral BEPS Convention

  22 September 2020

  Albania, Bosnia and Herzegovina and Costa Rica have become the latest countries to deposit their instruments of ratification for the BEPS Multilateral Instrument, which now covers almost 1700 bilateral tax treaties.

• OECD releases stage 1 peer review reports on dispute resolution for Andorra, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Faroe Islands, Macau (China), Morocco and Tunisia

  27 July 2020

  The work on BEPS Action 14 continues with today's publication of the ninth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

• OECD presents international tax update to G20 Finance Ministers

  18 July 2020

  In addition to an update on the progress we are making to address the tax challenges arising from the digitalisation of the economy, the report provides the latest progress on other G20 deliverables: notably on tax transparency with the 2019 AEOI figures, implementation of the BEPS standards & capacity building for developing countries. There is an additional section relating to the work carried out in response to the COVID-19 crisis.

• Inclusive Framework on BEPS: Progress report

  18 July 2020

  This is the fourth annual progress report of the OECD/G20 Inclusive Framework on BEPS. The report describes the progress made to deliver on the mandate of the OECD/G20 Inclusive Framework, covering the period from July 2019 to July 2020.

• Oman deposits its instrument of ratification for the Multilateral BEPS Convention

  07 July 2020

  Today, Oman deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD's Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Oman, the MLI enters into force on 1 November 2020.

• Kazakhstan deposits its instrument of ratification for the Multilateral BEPS Convention

  24 June 2020

  Today, Kazakhstan deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD's Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Kazakhstan, the MLI enters into force on 1 October 2020.

• Czech Republic and Korea deposit their instrument of ratification for the Multilateral BEPS Convention

  13 May 2020

  Today, the Czech Republic and Korea deposited their instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. The MLI enters into force for both countries on 1 September 2020.

• Public consultation meeting on the 2020 Review of Country-by-Country Reporting (BEPS Action 13)

  12 May 2020

  The OECD sought public comments on the 2020 Review of Country-by-Country Reporting. This public consultation meeting focused on the key questions identified in the consultation document and raised in the written submissions received as part of the consultation process.

• Indonesia deposits its instrument of ratification for the Multilateral BEPS Convention

  28 April 2020

  Today, Indonesia deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Indonesia, the MLI enters into force on 1 August 2020.

• OECD releases BEPS Action 14 reports for Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden

  09 April 2020

  The work on BEPS Action 14 continues with today's publication of the stage 2 peer review monitoring reports of the seven jurisdictions in batch 2: Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden.

• BEPS Action 6: OECD releases second peer review report on preventing treaty shopping

  24 March 2020

  Progress continues with the implementation of the BEPS package, as the OECD releases the second peer review assessing countries’ efforts to implement the Action 6 minimum standard as agreed under the OECD/G20 BEPS Project.

• Coronavirus (Covid-19): Update on OECD tax work

  17 March 2020

  Due to the developing coronavirus emergency, the OECD has implemented a range of precautionary measures at its Paris headquarters. Multilateral efforts to address the tax challenges arising from digitalisation of the economy continue. The OECD Secretariat team is working full steam on the project and meetings with delegates are being held remotely.

• San Marino deposits its instrument of ratification for the Multilateral BEPS Convention

  11 March 2020

  Today, San Marino deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For San Marino, the MLI enters into force on 1 July 2020.

• Public comments received on the 2020 Review of Country-by-Country Reporting

  09 March 2020

  On 6 Feburary 2020, interested parties were invited to provide comments on the Review of the BEPS Action 13 minimum standard. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• BEPS Action 14: OECD releases stage 1 peer review reports on dispute resolution for Brunei Darussalam, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia

  24 February 2020

  The work on BEPS Action 14 continues with today's publication of the eighth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

• OECD Secretary-General Tax Report to G20 Finance Ministers

  14 February 2020

  Part I reports on the activities in the OECD's international tax agenda, in particular the progress made in addressing the tax challenges arising from the digitalisation of the economy. It also provides an update on G20 tax deliverables including tax transparency, implementation of BEPS measures & capacity building to support developing countries. Part II reports on the activities of the Global Forum.

• Webcast: Update on Economic Analysis and Impact Assessment

  13 February 2020

  As part of the Inclusive Framework’s work relating to the tax challenges arising from the digitalisation of the economy, the OECD has been carrying out an economic analysis and impact assessment of the Pillar 1 and Pillar 2 proposals. Please join a live webcast with experts from the OECD to learn more about this work, which will include a presentation of preliminary results on the revenue and investment effects of the proposals.

• OECD releases Transfer Pricing Guidance on Financial Transactions

  11 February 2020

  The report is significant because it is the first time the OECD Transfer Pricing Guidelines include guidance on the transfer pricing aspects of financial transactions, which will contribute to consistency in the interpretation of the arm’s length principle and help avoid transfer pricing disputes and double taxation.

• BEPS Action 13: OECD invites public input on the 2020 review of Country-by-Country Reporting

  06 February 2020

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework), the OECD invites public comments on the Review of the BEPS Action 13 minimum standard.

• Uruguay deposits its instrument of ratification for the Multilateral BEPS Convention

  06 February 2020

  Today, Uruguay deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD’s Secretary-General, therewith underlining its strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises. For Uruguay, the MLI enters into force on 1 June 2020.

• North Macedonia signs landmark agreement to strengthen its tax treaties

  29 January 2020

  North Macedonia has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 94th jurisdiction to join the Convention, which now covers over 1,650 bilateral tax treaties.

• BEPS Action 13: OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting

  23 December 2019

  The Inclusive Framework on BEPS has released additional interpretative guidance to give greater certainty to tax administrations and MNE Groups on the implementation and operation of Country-by-Country Reporting (BEPS Action 13).

• BEPS Action 5 minimum standard: Transparency on tax rulings continues to increase

  23 December 2019

  As part of continuing efforts to address BEPS concerns, the Inclusive Framework on BEPS has now assessed 112 jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package.

• Jordan signs landmark agreement to strengthen its tax treaties

  19 December 2019

  Jordan has today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 93rd jurisdiction to join the Convention, which now covers over 1,653 bilateral tax treaties.

• Public consultation meeting on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two

  09 December 2019

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD Secretariat is seeking public comments on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two. This public consultation meeting will focus on the key questions identified in the consultation document and issues raised in the written submissions received as part of the consultation process.

• Public comments received on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two

  03 December 2019

  On 8 November 2019, interested parties were invited to provide comments on certain aspects of the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• OECD releases stage 1 peer review reports on dispute resolution for Brazil; Bulgaria; China; Hong Kong, China; Indonesia; Russia and Saudi Arabia

  28 November 2019

  The work on BEPS Action 14 continues with today's publication of the seventh round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

• Kenya and Oman sign landmark agreement to strengthen their tax treaties

  26 November 2019

  Kenya and Oman have today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 91st and 92nd jurisdictions to join the Convention, which now covers over 1630 bilateral tax treaties.

• Tax officials and stakeholders from Asia-Pacific meet in the Philippines to discuss proposals to address the tax challenges of the digitalisation of the economy

  22 November 2019

  A regional meeting on tax and digitalisation for Asia and the Pacific , co-hosted by the Asian Development Bank (ADB) in collaboration with the Organisation for Economic Co-operation and Development (OECD), took place in Manila, the Philippines on 19-20 November 2019.

• Public consultation meeting on the Secretariat Proposal for a 'Unified Approach' under Pillar One

  21 November 2019

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD is seeking public comments on a Secretariat Proposal for a “Unified Approach” under Pillar One. This public consultation meeting will focus on the key questions identified in the consultation document and issues raised in the written submissions received as part of the consultation process.

• BEPS Action 14: OECD invites taxpayer input on tenth batch of dispute resolution peer reviews

  18 November 2019

  The OECD is now gathering input for the Stage 1 peer reviews of Andorra, Aruba, Bahrain, Barbados, Gibraltar, Greenland, Kazakhstan, Oman, Qatar, Saint Kitts and Nevis, Thailand, Trinidad and Tobago, United Arab Emirates and Viet Nam, and invites taxpayers to submit input on specific MAP-related issues by 16 December 2019.

• Public comments received on the Secretariat Proposal for a "Unified Approach" under Pillar One

  15 November 2019

  On 9 October 2019, interested parties were invited to provide comments on a number of policy issues and technical aspects in respect to the Secretariat Proposal for a "Unified Approach" under Pillar One. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• OECD secretariat invites public input on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two

  08 November 2019

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS, the OECD secretariat is seeking public comments on certain aspects of the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two.

• BEPS Action 13: OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting

  05 November 2019

  The OECD/G20 Inclusive Framework on BEPS has released additional interpretative guidance to give greater certainty to tax administrations and MNE Groups on the implementation and operation of Country-by-Country (CbC) Reporting (BEPS Action 13).

• BEPS Action 5: OECD releases guidance on the spontaneous exchange by no or only nominal tax jurisdictions

  31 October 2019

  As part of BEPS Action 5 to curb harmful tax practices, jurisdictions may only maintain preferential regimes if certain "substantial activities" requirements are met. In order to ensure a level playing field, these requirements must also apply to jurisdictions with zero or only nominal tax rates.

• Bosnia and Herzegovina signs landmark agreement to strengthen its tax treaties

  30 October 2019

  Today, Bosnia and Herzegovina signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 90th jurisdiction to join the Convention, which now covers over 1 600 bilateral tax treaties.

• Jordan joins the Global Forum on Tax Transparency and the Inclusive Framework on BEPS

  29 October 2019

  Jordan joins the international fight against tax evasion by becoming the 158th member of the Global Forum.

• BEPS Action 14: OECD releases sixth round of peer review reports on improving tax dispute resolution mech

  24 October 2019

  The work on BEPS Action 14 continues with today's publication of the sixth round of stage 1 peer review reports. Each report assesses a country's efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

• OECD and Francophone African officials meet in Senegal to discuss BEPS implementation and solutions to the tax challenges of digitalisation

  18 October 2019

  Over 50 delegates from 13 African countries, as well as international and regional organisations, technical co-operation agencies, Senegalese business, civil society and academia gathered in Saly, Senegal, on 15-17 October 2019 for the Third Regional Meeting on BEPS for Francophone Countries.

• OECD and Eurasian officials meet in Azerbaijan to discuss BEPS implementation and solutions to the tax challenges of digitalisation

  11 October 2019

  Over 70 delegates from 14 countries, as well as international and regional organisations, business, and civil society gathered in Baku, Azerbaijan on 8-10 October 2019 for the Fifth Regional Meeting on BEPS for Eurasian Countries.

• OECD invites public input on the Secretariat Proposal for a "Unified Approach" under Pillar One

  09 October 2019

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (the Inclusive Framework), the OECD is seeking public comments on a Secretariat Proposal for a "Unified Approach" under Pillar One.

• Platform for Collaboration on Tax invites comments on a draft toolkit designed to help developing countries with the implementation of transfer pricing documentation requirements

  27 September 2019

  The Platform for Collaboration on Tax – a joint initiative of the IMF, OECD, UN and World Bank Group – is seeking feedback from the public on a draft toolkit designed to help developing countries in the implementation of effective transfer pricing documentation requirements.

• OECD/G20 Inclusive Framework on BEPS delivers tax transparency: Action 13 Country-by-Country reporting shows big progress

  03 September 2019

  The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in the implementation of a key element in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide.

• OECD releases first stage 2 monitoring reports for BEPS Action 14 on improving tax dispute resolution mechanisms

  13 August 2019

  The work on BEPS Action 14 continues with today’s publication of the first round of stage 2 peer review monitoring reports, which consists of monitoring the follow-up of any recommendations resulting from jurisdictions' stage 1 peer review reports.

• OECD releases latest results on preferential regimes and new results on no or only nominal tax jurisdictions

  23 July 2019

  Progress continues on implementing the BEPS Action 5 minimum standard, with a further 22 jurisdictions changing their laws to address harmful tax practices. On 19 July 2019, the Inclusive Framework on BEPS approved the latest results of reviews of jurisdictions’ domestic laws conducted by the OECD Forum on Harmful Tax Practices.

• BEPS Action 14: OECD invites taxpayer input on ninth batch of dispute resolution peer reviews

  15 July 2019

  The OECD is now gathering input for the Stage 1 peer reviews of Andorra, Anguilla, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Faroe Islands, Macau (China), Morocco and Tunisia, and invites taxpayers to submit input on specific MAP-related issues by 12 August 2019.

• OECD releases international exchange framework for CRS-related mandatory disclosure rules and updates its XML schemas for the exchange of CRS, CbC and tax ruling information

  27 June 2019

  In order to support the automatic exchange of information collected under the OECD’s Model Mandatory Disclosure Rules on Common Reporting Standard (CRS) Avoidance Arrangements and Opaque Offshore Structures (MDRs), the OECD has today released the international administrative and operational framework for the exchange of information collected under the MDRs.

• Morocco signs landmark agreement to strengthen its tax treaties

  25 June 2019

  Today, Morocco signed the BEPS MLI, becoming the 89th jurisdiction to join the Convention, which now covers almost 1,530 bilateral tax treaties. Mr. Mohamed Benchaaboun, Minister of Economy and Finance of Morocco signed the Convention in the presence of Angel Gurría, Secretary-General of the OECD.

• OECD tax report to G20 Finance Ministers

  08 June 2019

  This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

• Albania signs landmark agreement to strengthen its tax treaties

  28 May 2019

  Today, Albania signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 88th jurisdiction to join the Convention, which now covers almost 1,530 bilateral tax treaties.

• Model Tax Convention on Income and on Capital 2017 (Full Version)

  25 April 2019

  This publication is the tenth edition of the full version of the OECD Model Tax Convention on Income and on Capital. This full version contains the full text of the Model Tax Convention as it read on 21 November 2017, including the Articles, Commentaries, non-member economies’ positions, the Recommendation of the OECD Council, the historical notes and the background reports.The full version of the OECD Model Tax Convention is published regularly to reflect updates.

• The Kingdom of the Netherlands and Georgia deposit instruments of acceptance or ratification for the Multilateral BEPS Convention

  29 March 2019

  The Kingdom of the Netherlands has deposited its instrument of acceptance and Georgia has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) with the OECD's Secretary-General, thus underlining its strong commitments to prevent the abuse of tax treaties and BEPS by multinational enterprises.

• Public consultation on the tax challenges of digitalisation

  13 March 2019

  As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS and its Task Force on the Digital Economy, the OECD will hold a public consultation event on the tax challenges of digitalisation on 13-14 March 2019.

• Public comments received on the possible solutions to the tax challenges of digitalisation

  07 March 2019

  On 13 February 2019, interested parties were invited to provide comments on key issues identified in a public consultation document on possible solutions to the tax challenges arising from the digitalisation of the economy. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• BEPS Action 14: OECD invites taxpayer input on eighth batch of dispute resolution peer reviews

  19 February 2019

  The OECD is now gathering input for the BEPS Action 14 Stage 1 peer reviews of Brunei, Curaçao, Guernsey, Isle of Man, Jersey, Monaco, San Marino and Serbia, and invites taxpayers to submit input on specific MAP-related issues by 19 March 2019.

• OECD releases BEPS peer review reports on improving tax dispute resolution mechanisms and preventing treaty shopping

  14 February 2019

  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.

• Deadline extended: OECD invites public input on the possible solutions to the tax challenges of digitalisation

  13 February 2019

  As part of the ongoing work of the Inclusive Framework on BEPS, the OECD is seeking public comments on key issues identified in a public consultation document on possible solutions to the tax challenges arising from the digitalisation of the economy.

• BEPS Action 5: Progress Report on Preferential Tax Regimes

  29 January 2019

  Further progress has been made by the OECD/G20 Inclusive Framework on BEPS in implementation of BEPS measures against harmful tax practices (BEPS Action 5).

• Belize signs landmark agreement to strengthen its tax treaties and Monaco deposits its instrument of ratification for the Multilateral BEPS Convention

  11 January 2019

  Belize has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS, becoming the 86th jurisdiction to join the Convention, which now covers almost 1500 bilateral tax treaties. Yesterday, Monaco deposited its instrument of ratification for the Convention with the OECD’s Secretary-General.

• Transparency on tax rulings significantly increased, according to OECD peer reviews on BEPS Action 5 minimum standard

  13 December 2018

  As part of continuing efforts to improve tax transparency, the Inclusive Framework on BEPS has now assessed 92 individual jurisdictions' progress in spontaneously exchanging information on tax rulings, in accordance with Action 5 of the OECD/G20 BEPS package.

• Qatar signs landmark agreement to strengthen its tax treaties

  04 December 2018

  Today, Qatar signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 85th jurisdiction to join the Convention, which now covers nearly 1,500 bilateral tax treaties.

• OECD tax report to G20 Leaders

  30 November 2018

  This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

• OECD releases latest results on preferential regimes and moves to strengthen the level playing field with zero tax jurisdictions

  15 November 2018

  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.

• BEPS Action 14: OECD invites taxpayer input on seventh batch of Dispute Resolution peer reviews

  15 November 2018

  The OECD is gathering input for the Stage 1 peer reviews of Brazil, Bulgaria, China (People's Republic of), Hong Kong (China), Indonesia, Papua New Guinea, Russian Federation and Saudi Arabia, and invites taxpayers to submit input on specific issues relating to access to MAP, clarity and availability of MAP guidance and the timely implementation of MAP agreements for each of these jurisdictions using the taxpayer input questionnaire.

• OECD releases guidance on Synthesised texts for providing clarity on the impact of the Multilateral Instrument

  14 November 2018

  This new guidance presents a clear overview of the modifications to tax treaties resulting from the Multilateral BEPS Convention which entered into force on 1 July 2018. A Secretariat note, also released today, clarifies the entry into effect rules for tax treaties of jurisdictions that deposited their ratification instruments last September.

• OECD and tax officials from Eastern Europe and Central Asia discuss BEPS implementation in Armenia

  09 November 2018

  Over 60 delegates from 16 countries, international and regional organisations, business, civil society and academia gathered in Yerevan, Armenia on 7 - 9 November 2018 for a regional meeting of the Inclusive Framework on BEPS in Eastern Europe and Central Asia.

• OECD and CIAT join forces in promoting stronger tax systems

  23 October 2018

  The OECD and the Inter-American Center of Tax Administrations (CIAT) hosted today the high-level event "Base Erosion and Profit Shifting Implementation: Strategic importance, challenges and opportunities" in Lisbon, Portugal.

• OECD and IGF release first set of practice notes for developing countries on BEPS risks in mining

  19 October 2018

  The OECD’s Centre for Tax Policy and Administration and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) are collaborating to address some of the challenges developing countries face in raising revenue from their mining sectors. Under this partnership, a series of practice notes and tools are being developed for governments.

• OECD releases 2017 global mutual agreement procedure statistics

  10 October 2018

  Members of the Inclusive Framework on BEPS have committed to report their MAP statistics pursuant to an agreed reporting framework and to publish them on a yearly basis. The 2017 MAP statistics are now available covering 85 jurisdictions and almost all MAP cases worldwide. They contain detailed information on each jurisdiction as well as aggregated global information.

• OECD and SAT hold joint workshop on the experience of country-by-country reporting of tax information

  27 September 2018

  Tax officials from 21 jurisdictions met this week in Yangzhou, 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. The workshop also included representatives of large MNE groups headquartered or with major operations in China and the Asia-Pacific region.

• Saudi Arabia signs landmark agreement to strengthen its tax treaties

  18 September 2018

  Today, Saudi Arabia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention). Saudi Arabia becomes the 84th jurisdiction to join the Convention, which now covers over 1,400 bilateral tax treaties.

• Public comments received on BEPS discussion draft on the transfer pricing aspects of financial transactions

  14 September 2018

  On 3 July 2018, interested parties were invited to provide comments on a discussion draft on financial transactions, which deals with follow-up work in relation to Actions 8-10 (“Assure that transfer pricing outcomes are in line with value creation”) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the public comments received.

• OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13)

  13 September 2018

  The Inclusive Framework on BEPS has released additional interpretative guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13).

• OECD releases fourth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms

  30 August 2018

  The work on BEPS Action 14 continues with today’s publication of the fourth round of stage 1 peer review reports. Each report assesses a country’s efforts to implement the Action 14 minimum standard as agreed to under the OECD/G20 BEPS Project.

• The Former Yugoslav Republic of Macedonia (FYROM) joins the Inclusive Framework on BEPS

  23 August 2018

  The Former Yugoslav Republic of Macedonia (FYROM) has become the 117th jurisdiction to join the Inclusive Framework on BEPS (“IF”).

• OECD invites taxpayer input on sixth batch of Dispute Resolution peer reviews (BEPS Action 14)

  26 July 2018

  The OECD is gathering input for the Stage 1 peer reviews of Argentina, Chile, Colombia, Croatia, India, Latvia, Lithuania and South Africa, and invites taxpayers to submit input on specific issues relating to access to MAP, clarity and availability of MAP guidance and the timely implementation of MAP agreements for each of these jurisdictions using the taxpayer input questionnaire.

• Ukraine signs landmark agreement to strengthen its tax treaties

  23 July 2018

  Today, Ukraine signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention). Ukraine becomes the 83rd jurisdiction to join the Convention, which will update the existing network of bilateral tax treaties to reduce opportunities for tax avoidance by multinational enterprises.

• OECD/G20 Inclusive Framework on BEPS: Progress Report July 2017-June 2018

  22 July 2018

  This 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 dealing with the tax challenges of the digitalised economy and the entry into force of the MLI, and shows how countries are progressing in the implementation of the BEPS package.

• OECD launches programme in Islamabad to support Pakistan in implementing new international tax standards

  20 July 2018

  As part of a mission held from 16 to 19 July 2018 in Islamabad, Pakistan aimed at launching the induction programme to support the implemention of the BEPS measures and initiating the TIWB programme, an OECD delegation met in Islamabad to discuss the progress of the country in implementing the new international standards to combat tax avoidance and tax evasion.

• OECD, government officials and parliamentarians discuss developments in international tax co-operation at high-level meeting in Georgia

  20 July 2018

  Over 70 participants from 20 countries in Europe and Central Asia gathered Georgia for a high-level regional event on Developments in International Tax Co-operation on 17-18 July 2018. Participants discussed policy responses to fighting tax evasion and avoidance, as well as the opportunities and challenges presented by the practical implementation of international standards on tax transparency and BEPS.

• OECD releases BEPS discussion draft on the transfer pricing aspects of financial transactions

  03 July 2018

  Public comments are invited on a discussion draft on financial transactions, which deals with follow-up work in relation to Actions 8-10 ("Assure that transfer pricing outcomes are in line with value creation") of the BEPS Action Plan.

• Estonia joins the Multilateral Instrument and the United Kingdom deposits ratification instrument

  29 June 2018

  Estonia becomes the 82nd jurisdiction to join the MLI. Estonia’s signature follows the signatures by Kazakhstan, Peru and the United Arab Emirates earlier this week. JAlso today, the United Kingdom deposited its instrument of ratification for the Multilateral Instrument with the OECD.

• Peru signs landmark agreement to strengthen tax treaties and moves forward in international tax co-operation

  27 June 2018

  Peru today signed a landmark treaty to improve the international tax system. The signing of the BEPS Multilateral Convention came during the fifth plenary meeting of the Inclusive Framework on BEPS held in the Lima on 27-28 June 2018.

• Landmark tax agreement to strengthen tax treaties enters into force with additional countries joining

  27 June 2018

  Ministers and senior officials from Kazakhstan, Peru and the United Arab Emirates have signed the BEPS Multilateral Convention bringing the total number of signatories to 81. This Convention updates the existing network of bilateral tax treaties and reduces opportunities for tax avoidance by multinational enterprises.

• OECD releases new guidance on the application of the approach to hard-to-value intangibles and the transactional profit split method under BEPS Actions 8-10

  21 June 2018

  Today, the OECD released two reports containing Guidance for Tax Administrations on the Application of the Approach to Hard-to-Value Intangibles under BEPS Action 8; and Revised Guidance on the Application of the Transactional Profit Split Method under BEPS Action 10.

• OECD and IGF invite comments on a draft toolkit that will help developing countries to identify and cost potential behavioural responses by mining investors to tax incentives

  18 June 2018

  This draft toolkit has been prepared by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), under a programme of co-operation with the OECD, to help governments anticipate and limit the cost of mining tax incentives. It is part of wider efforts to address some of the challenges developing countries are facing in raising revenue from their mining sectors.

• OECD peer reviews on BEPS Action 13 Country-by-Country reporting initiative show strong progress for global roll-out in June

  24 May 2018

  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.

• OECD releases decisions on 11 preferential regimes of BEPS Inclusive Framework Members

  17 May 2018

  Governments are continuing to make swift progress in bringing their preferential tax regimes in compliance with the OECD/G20 BEPS standards to improve the international tax framework. Today the Inclusive Framework released the updates to the results for preferential regime reviews conducted by the Forum on Harmful Tax Practices (FHTP) in connection with BEPS Action 5.

• The United Arab Emirates joins the Inclusive Framework on BEPS

  16 May 2018

  The United Arab Emirates has become the 116th jurisdiction to join the Inclusive Framework on BEPS (“IF”). The IF was established in January 2016, after the G20 Leaders urged the timely implementation of the BEPS package released in October 2015 and called on the OECD to develop a more inclusive framework with the involvement of interested non-G20 countries and jurisdictions, including developing economies.

• Bahrain joins the Inclusive Framework on BEPS

  11 May 2018

  Bahrain has become the 115th jurisdiction to join the Inclusive Framework on BEPS (“IF”). The IF was established in January 2016, after the G20 Leaders urged the timely implementation of the BEPS package released in October 2015 and called on the OECD to develop a more inclusive framework with the involvement of interested non-G20 countries and jurisdictions, including developing economies.

• OECD and IGF invite comments on a draft practice note that will help developing countries address profit shifting from their mining sectors via excessive interest deductions

  18 April 2018

  Building on BEPS Action 4, this practice note has been prepared by the OECD under a programme of co-operation with the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF), to help guide tax officials on how to strengthen their defences against BEPS. Deadline for comment: 18 May 2018.

• OECD releases additional guidance on the attribution of profits to a permanent establishment under BEPS Action 7

  22 March 2018

  The additional guidance resulting sets out high-level general principles, which countries agree are relevant and applicable in attributing profits to PEs in accordance with applicable treaty provisions. It also provides examples on the attribution of profits to certain types of PEs arising from the changes to the PE definition under BEPS Action 7.

• Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution

  16 March 2018

  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.

• OECD releases third round of peer reviews on implementation of BEPS minimum standards on improving tax dispute resolution mechanisms and calls for taxpayer input for the fifth round

  12 March 2018

  As the BEPS Action 14 continues its efforts to make dispute resolution more timely, effective and efficient, eight more peer review reports have been released today. These eight reports highlight how well jurisdictions are implementing the Action 14 minimum standard as agreed to in the OECD/G20 BEPS Project.

• Game over for CRS avoidance! OECD adopts tax disclosure rules for advisors

  09 March 2018

  Today, 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.

• OECD announces further developments in BEPS implementation

  08 February 2018

  The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13). The Inclusive Framework also approved updates to the results for preferential regime reviews conducted by the Forum on Harmful Tax Practices (FHTP) in connection with BEPS Action 5.

• Public comments received on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures

  18 January 2018

  On 11 December 2017, interested parties were invited to provide comments on a discussion draft on model mandatory disclosure rules. The model rules are intended to target promoters and service providers with a material involvement in the design, marketing or implementation of CRS avoidance arrangements or offshore structures.

• BEPS Action 13: Jurisdictions implement final regulations for first filings of CbC Reports, with over 1400 bilateral relationships now in place for the automatic exchange of CbC information

  21 December 2017

  Today, a further important step was taken to implement Country-by-Country (CbC) Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA").

• Further progress made in implementation of BEPS measures against tax treaty abuse

  21 December 2017

  Today, Jersey deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("multilateral convention") with the OECD. Subsequently, on 20 December, Curaçao joined the multilateral convention.

• Tax treaties: update to OECD Model Tax Convention released

  18 December 2017

  The latest edition of the OECD Model Tax Convention, an international instrument which serves as a model for countries concluding bilateral tax conventions, has been released today, incorporating significant changes developed under the OECD/G20 project to address base erosion and profit (BEPS).

• OECD releases second round of peer reviews on implementation of BEPS minimum standards on improving tax dispute resolution mechanisms

  15 December 2017

  As part of continuing efforts to improve the international tax framework and tax certainty, the OECD has released the second round of analyses of individual country efforts to improve dispute resolution mechanisms. These seven peer review reports represent the second round of stage 1 evaluations of how countries are implementing new minimum standards agreed in the OECD/G20 BEPS Project.

• OECD seeks input on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures

  11 December 2017

  Today the OECD is releasing a consultation document seeking stakeholder input on model mandatory disclosure rules. The model rules target promoters and service providers with a material involvement in the design, marketing or implementation of a CRS avoidance arrangements or offshore structure. They would require such intermediaries to disclose information on the scheme to their local tax authority.

• New interactive map on tax co-operation indicators

  05 December 2017

  Over the last 50 years, the OECD led the way on tax issues and has been at the forefront of promoting transparency and co-operation in tax matters. Discover the international state of play with an interactive map presenting key indicators and outcomes of the OECD work on international tax matters, with close to 150 countries and jurisdictions.

• OECD releases first peer reviews of the BEPS Action 5 minimum standard on spontaneous exchange on tax rulings

  04 December 2017

  As part of continuing efforts to improve tax transparency and the international tax framework, the OECD has released the first analysis of individual countries' progress in spontaneously exchanging information on tax rulings in accordance with Action 5 of the BEPS package of measures released in October 2015.

• OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13)

  30 November 2017

  The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13).

• OECD launches BEPS support programme to assist Kazakhstan in the implementation of the new international tax standards

  29 November 2017

  On 28 November 2017, an OECD delegation met Bakhyt Sultanov, the Kazakhstan Minister of Finance, in Astana to launch an initiative to assist Kazakhstan in the implementation of the measures to tackle Base Erosion and Profit Shifting (BEPS).

• OECD releases mutual agreement procedure (MAP) statistics for 2016

  27 November 2017

  One of the elements of the Action 14 minimum standard requires jurisdictions to seek to resolve mutual agreement procedure (“MAP”) cases within an average timeframe of 24 months. To monitor compliance with this element, members of the Inclusive Framework on BEPS have committed to report their MAP statistics pursuant to an agreed reporting framework.

• BEPS Action 14: OECD invites taxpayer input on fourth batch of Dispute Resolution peer reviews

  24 November 2017

  The OECD is now gathering input for the Stage 1 peer reviews of Australia, Ireland, Israel, Japan, Malta, Mexico, New Zealand and Portugal, and invites taxpayers to submit input on specific issues relating to access to MAP, clarity and availability of MAP guidance and the timely implementation of MAP agreements for each of these jurisdictions using the taxpayer input questionnaire.

• OECD launches programme to assist Cameroon to implement new international tax standards

  16 November 2017

  On 16 November 2017, an OECD delegation met Cameroon’s Minister of Finance Alamine Ousmane Mey in Yaounde to discuss progress being made in implementing the new international standards to combat tax avoidance and tax evasion.

• BEPS public consultation on transfer pricing matters

  06 November 2017

  The OECD will hold a public consultation event on transfer pricing matters on 6-7 November at the OECD Conference Centre in Paris, France.

• BEPS public consultation on the tax challenges of digitalisation

  01 November 2017

  The OECD will hold a public consultation event on the tax challenges of digitalisation on 1 November at the University of California, Berkeley, United States.

• Public comments received on the tax challenges of digitalisation

  25 October 2017

  On 22 September 2017, interested parties were invited to provide comments on the tax challenges of digitalisation. The OECD is grateful to the commentators for their input and now publishes the public comments received. A public consultation will be held on 1 November 2017 at the Univeristy of California, Berkeley.

• OECD and tax administrations discuss BEPS implementation at regional meeting

  20 October 2017

  80 delegates from 20 countries and 11 organisations gathered in Bratislava for the third regional meeting of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) in the Eastern Europe and Central Asia region. This meeting belongs to a new series of regional events that offer participants from different regions in the world the opportunity to provide their views and input into the Inclusive Framework on BEPS.

• Onsite-visit in Tbilisi to launch induction programme and assist Georgia in the implementation of the new international tax standards

  18 October 2017

  On 16 October 2017, an OECD delegation met in Tbilisi the Georgian First Deputy Minister and Head of Georgia Revenue Service Giorgi Tabuashvili and Deputy Minister Lasha Khutsishvili to discuss the progress of the country in implementing the new international standards to combat tax avoidance and tax evasion.

• OECD releases CbC reporting implementation status and exchange relationships between tax administrations

  11 October 2017

  Today, a further step was taken to implement Country-by-Country Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA").

• Leading tax administrations focused on effective delivery of the OECD/G20 BEPS outcomes, automatic exchange of information and tax certainty and collaborate on taxing users of the sharing economy

  29 September 2017

  The Forum on Tax Administration (FTA) is the leading international body concerned with tax administration. The FTA, which brings together Tax Commissioners from 50 advanced and emerging tax administrations (including OECD and G20 countries), held its Plenary meeting in Oslo on 27-29 September.

• Onsite-visit in Kiev to launch induction programme assisting Ukraine in the implementation of the new international tax standards

  29 September 2017

  The visit launched a joint induction programme to assist Ukraine in the implementation of the new international standards, namely the BEPS package, and the standards for exchange of information on request and for the automatic exchange of financial account information (the “Common Reporting Standard”).

• OECD invites public input on the tax challenges of digitalisation

  22 September 2017

  As part of the ongoing work of the Task Force on the Digital Economy (TFDE), 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.

• OECD releases IT-tools to support exchange of tax information policies

  20 September 2017

  Today, the OECD has released updated and new IT-tools and guidance to support the technical implementation of the exchange of tax information under the Common Reporting Standard (CRS), on Country-by-Country Reporting (CbC) and in relation to tax rulings (ETR).

• OECD releases further guidance on Country-by-Country reporting (BEPS Action 13)

  06 September 2017

  The OECD's Inclusive Framework on BEPS has released two sets of guidance to give greater certainty to tax administrations and MNE Groups alike on the implementation and operation of Country-by-Country (CbC) Reporting (BEPS Action 13).

• Nigeria signs both the Multilateral BEPS Convention and the CRS Multilateral Competent Authority Agreement to tackle international tax avoidance and evasion

  17 August 2017

  Today at the OECD Headquarters in Paris, Nigeria signed two major multilateral instruments: the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) and the CRS Multilateral Competent Authority Agreement‎ (the CRS MCAA). Nigeria becomes the 71st jurisdiction to sign the MLI and the 94th jurisdiction to join the CRS MCAA.

• Public comments received on the draft contents of the 2017 Update to the OECD Model Tax Convention

  11 August 2017

  Public comments received on the draft contents of the 2017 Update to the OECD Model Tax Convention

• BEPS: Neutralising the tax effects of branch mismatch arrangements

  27 July 2017

  Today, the OECD released a report on Neutralising the Effects of Branch Mismatch Arrangements (BEPS Action 2). This new report sets out recommendations for changes to domestic law that would bring the treatment of these branch mismatch structures into line with outcomes described in the 2015 Report.

• OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13)

  18 July 2017

  The Inclusive Framework on BEPS has released additional guidance to give certainty to tax administrations and MNE Groups alike on the implementation of Country-by-Country (CbC) Reporting (BEPS Action 13).

• Cameroon becomes the 70th jurisdiction to join the multilateral BEPS Convention

  11 July 2017

  Today at the OECD Headquarters in Paris, Alamine Ousmane Mey, Minister of Finances of Cameroon, signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) in the presence of Pascal Saint-Amans, Director of the OECD Centre for Tax for Tax Policy and Administration.

• OECD releases the draft contents of the 2017 update to the OECD Model Tax Convention

  11 July 2017

  The OECD has just released the draft contents of the 2017 update to the OECD Model Tax Convention. Comments are requested at this time only with respect to certain parts of the 2017 update that have not previously been released for comments.

• OECD releases latest updates to the Transfer Pricing Guidelines

  10 July 2017

  The OECD Transfer Pricing Guidelines provide guidance on the application of the “arm’s length principle”, which represents the international consensus on the valuation, for income tax purposes, of cross-border transactions between associated enterprises.

• Montserrat joins the Inclusive Framework on BEPS

  06 July 2017

  The Inclusive Framework welcomed Montserrat, bringing to 102 the total number of countries and jurisdictions participating on an equal footing in the Project.

• OECD, CREDAF and UNDP hold a regional meeting of the Inclusive Framework on BEPS for French speaking countries

  06 July 2017

  Fifty delegates representing 10 countries gathered in Cotonou (Benin) on 3-5 July 2017 for the second regional meeting of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) for French speaking countries. These regional meetings offer participants from around the world the opportunity to provide their views and input to the Inclusive Framework on BEPS.

• Public comments received on the BEPS discussion draft on the Implementation Guidance on Hard-to-Value Intangibles

  05 July 2017

  On 23 May 2017, interested parties were invited to provide comments on a discussion draft that provides guidance on the implementation of the approach to pricing transfers of hard-to-value intangibles described in Chapter VI of the Transfer Pricing Guidelines.

• OECD tax report to G20 Leaders

  05 July 2017

  This report consists of two parts. Part I is an update report by the OECD Secretary-General regarding the latest developments in the international tax agenda. Part II is a Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

• Mauritius signs the multilateral BEPS Convention to tackle tax avoidance by multinational enterprises

  05 July 2017

  Today at the OECD Headquarters in Paris, Mahess Rawoteea of the Ministry of Finance and Economic Development of Mauritius, signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) in the presence of Douglas Frantz, OECD Deputy Secretary-General.

• Barbados joins the Inclusive Framework on BEPS

  04 July 2017

  Barbados has become the 101st jurisdiction to join the Inclusive Framework on BEPS (“IF”).

• Third meeting of the Inclusive Framework on BEPS delivers results

  22 June 2017

  Over 200 delegates from 83 countries and jurisdictions as well as 12 international and regional organisations met in Noordvijk, The Netherlands, on 21-22 June 2017 for the Third Meeting of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS).

• OECD releases BEPS discussion drafts on attribution of profits to permanent establishments and transactional profit splits

  22 June 2017

  Public comments are invited on two discussion drafts: Attribution of Profits to Permanent Establishments, which deals with work in relation to Action 7 of the BEPS Action Plan and the Revised Guidance on Profit Splits, which deals with work in relation to Actions 8-10 of the BEPS Action Plan.

• BEPS Action 14: OECD invites taxpayer input on third batch of Dispute Resolution peer reviews

  09 June 2017

  The OECD is now gathering input for the Stage 1 peer reviews of the Czech Republic, Denmark, Finland, Korea, Norway, Poland, Singapore and Spain, and invites taxpayers to submit input on specific issues relating to access to MAP, clarity and availability of MAP guidance and the timely implementation of MAP agreements for each of these jurisdictions using the taxpayer input questionnaire.

• Thailand joins the Inclusive Framework on BEPS and participates in first joint programme for the implementation of international tax standards

  02 June 2017

  Thailand has become the 98th jurisdiction to join the Inclusive Framework on BEPS (“IF”) and will participate on an equal footing with all other IF members at the next plenary meeting of the IF that will be held on 21-22 June 2017 in Noordwijk, the Netherlands.

• Djibouti joins the Inclusive Framework on BEPS and the Global Forum

  31 May 2017

  The Inclusive Framework on BEPS ("IF") welcomes Djibouti as its newest member, bringing to 97 the total number of countries and jurisdictions participating on an equal footing in the project. Djibouti also joins the Global Forum on Transparency and Exchange of Information for Tax Purposes as its 141st member.

• OECD releases peer review document for assessment of the BEPS Action 6

  29 May 2017

  Today the OECD released the key document, approved by the Inclusive Framework on BEPS, which will form the basis of the peer review of the Action 6 minimum standard on preventing the granting of treaty benefits in inappropriate circumstances.

• OECD releases a discussion draft on the implementation guidance on hard-to-value intangibles

  23 May 2017

  Public comments are invited on a discussion draft which provides guidance on the implementation of the approach to pricing transfers of hard-to-value intangibles described in Chapter VI of the Transfer Pricing Guidelines.

• OECD releases CbC reporting implementation status and exchange relationships between tax administrations

  04 May 2017

  Today, another important step was taken to implement Country-by-Country Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports.

• OECD and tax administrations discuss BEPS implementation at regional meeting in Georgia

  07 April 2017

  Almost 50 delegates from 14 countries and 7 organisations gathered in Tbilisi for the second regional meeting of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) in the Eastern Europe and Central Asia region.

• OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13)

  06 April 2017

  The Inclusive Framework on BEPS has released additional guidance to provide essential information that will give certainty to tax administrations and MNE Groups alike on implementation of Country-by-Country (CbC) reporting (BEPS Action 13).

• OECD releases peer review documents for assessment of BEPS minimum standards (Actions 5 and 13)

  01 February 2017

  Today the OECD released key documents, approved by the Inclusive Framework on BEPS, which will form the basis of the peer review of Action 13 Country-by-Country Reporting and for the peer review of the Action 5 transparency framework.

• OECD invites taxpayer input on peer reviews of Dispute Resolution

  30 January 2017

  The OECD is now gathering input for the Stage 1 peer reviews of Austria, France, Germany, Italy, Liechtenstein, Luxembourg and Sweden, and invites taxpayers to submit input on specific issues relating to access to MAP, clarity and availability of MAP guidance and the timely implementation of MAP agreements for each of these jurisdictions using the taxpayer input questionnaire.

• Seven more jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information

  27 January 2017

  As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Gabon, Hungary, Indonesia, Lithuania, Malta, Mauritius and the Russian Federation have now signed the Multilateral Competent Authority Agreement for Country-by-Country Reporting (CbC MCAA), bringing the total number of signatories to 57. Lithuania and Hungary joined the Agreement in October and December 2016 respectively.

• Kazakhstan, Côte d’Ivoire and Bermuda join the Inclusive Framework on BEPS

  06 January 2017

  Following the first meeting of the Inclusive Framework on BEPS in Japan, on 30 June-1 July, and recent regional meetings, more countries and jurisdictions are joining the framework. The Inclusive Framework on BEPS welcomed Kazakhstan, Côte d’Ivoire and Bermuda bringing to 94 the total number of countries and jurisdictions participating on an equal footing in the project.

• OECD releases additional guidance on Action 4 of the BEPS Action Plan to curb international tax avoidance

  22 December 2016

  Today, the OECD released an updated version of the BEPS Action 4 Report (Limiting Base Erosion Involving Interest Deductions and Other Financial Payments), which includes further guidance on two areas: the design and operation of the group ratio rule, and approaches to deal with risks posed by the banking and insurance sectors.

• OECD holds regional meeting of the Inclusive Framework on BEPS for the Eastern Europe and Central Asia region

  16 December 2016

  More than 60 delegates from 14 countries gathered in Vilnius for the first regional meeting of the Inclusive Framework on BEPS in the region. This meeting was the last of a series of regional events in 2016 intended to offer countries in different regions of the world the opportunity to feed their views and provide their input into the Inclusive Framework on BEPS.

• OECD releases further BEPS guidance on Country-by-Country reporting and country-specific information on implementation

  05 December 2016

  The Inclusive Framework on BEPS has released two new documents to support the global implementation of Country-by-Country (CbC) reporting (BEPS Action 13).

• OECD holds regional meeting of the Inclusive Framework on BEPS for the Asia-Pacific region

  01 December 2016

  Fifty delegates from sixteen countries, four international organisations, business and civil society gathered in Manila for the first regional meeting of the Inclusive Framework on Base Erosion and Profit shifting (BEPS) in the Asia-Pacific region after the launch of the Inclusive Framework in Kyoto on 30 June-1st July 2016.

• Macau, Mauritius and Ukraine join the Inclusive Framework on BEPS

  25 November 2016

  Following the first meeting of the Inclusive Framework on BEPS in Japan, on 30 June-1 July, and recent regional meetings, more countries and jurisdictions are joining the framework. The Inclusive Framework on BEPS welcomed Macau (China), Mauritius and Ukraine bringing to 90 the total number of countries and jurisdictions participating on an equal footing in the Project.

• OECD and CREDAF hold regional meeting of the Inclusive Framework on BEPS for francophone countries

  25 November 2016

  56 delegates from 13 countries gathered in Tunis for the first regional meeting of the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) after its launch in Kyoto on 30 June-1 July 2016. This meeting belongs to a new series of events that offer participants from different regions in the world the opportunity to feed their views and provide their input into the Inclusive Framework on BEPS.

• Panama joins the Inclusive Framework on BEPS

  03 November 2016

  Following the first meeting of the Inclusive Framework on BEPS in Kyoto, Japan, on 30 June-1 July and the regional meeting for Latin America and the Caribbean held in Montevideo, Uruguay, on 21-23 September, more countries and jurisdictions are joining the framework. On 28 October, the Inclusive Framework on BEPS welcomed Panama as its 87th member.

• OECD releases schedule for Action 14 peer reviews and invites taxpayer input

  31 October 2016

  On 20 October, the OECD released the key documents that will form the basis of the Mutual Agreement Procedure (MAP) peer review and monitoring process under Action 14 of the BEPS Action Plan. In accordance with the Assessment Methodology, the reviews will be conducted in batches, with the first batch commencing in December 2016.

• G20/OECD BEPS Project advances tax certainty agenda with the launch of global review of MAP programmes

  20 October 2016

  Today the OECD released key documents, approved by the Inclusive Framework on BEPS, that will form the basis of the Mutual Agreement Procedure (MAP) peer review and monitoring process under Action 14 of the BEPS Action Plan.

• The Republic of Congo joins the Inclusive Framework on BEPS

  20 October 2016

  Following the first meeting of the Inclusive Framework on BEPS in Kyoto, Japan, on 30 June-1 July and the regional meeting for Latin America and the Caribbean held in Montevideo, Uruguay, on 21-23 September, more countries and jurisdictions are joining the framework. On 14 October, the Inclusive Framework on BEPS welcomed Republic of Congo as its 87th member.

• Andorra joins the Inclusive Framework on BEPS

  19 October 2016

  Following the first meeting of the Inclusive Framework on BEPS in Kyoto, Japan, on 30 June-1 July and the regional meeting for Latin America and the Caribbean held in Montevideo, Uruguay, on 21-23 September, more countries and jurisdictions are joining the framework. On 14 October, the Inclusive Framework on BEPS welcomed Andorra as its 86th member.

• Public comments received on the discussion draft on branch mismatch structures under Action 2 of the BEPS Action Plan

  23 September 2016

  The OECD publishes the comments received on the discussion draft on branch mismatch structures under Action 2 of the BEPS Action Plan.

• First regional meeting of the Inclusive Framework on BEPS for Latin America and the Caribbean

  23 September 2016

  57 delegates from 10 countries and 8 organisations gathered in Montevideo for the 1st regional meeting of the Inclusive Framework on Base Erosion and Profit shifting (BEPS) after its launch in Kyoto on 29 June-1st July 2016.

• Public comments received on the discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors under Action 4

  15 September 2016

  The OECD publishes comments received on the discussion draft on approaches to address BEPS involving interest in the banking and insurance sectors under Action 4.

• Public comments received on the discussion draft on the design and operation of the group ratio rule under BEPS Action 4

  25 August 2016

  OECD publishes comments received on the discussion draft on the elements of the design and operation of the group ratio rule under Action 4.

• Public comments received on the conforming amendments to Chapter IX of the OECD Transfer Pricing Guidelines

  24 August 2016

  On 4 July 2016, interested parties were invited to review the conforming amendments to Chapter IX of the OECD Transfer Pricing Guidelines, "Transfer Pricing Aspects of Business Restructurings". The OECD is grateful to the commentators for their input and now publishes the comments received.

• OECD releases discussion draft on branch mismatch structures under Action 2 of the BEPS Action Plan

  22 August 2016

  Interested parties are invited to provide comments on a discussion draft which deals with branch mismatch structures under Action 2 (Neutralising the Effects of Hybrid Mismatch Arrangements) of the BEPS Action Plan.

• OECD releases discussion draft on BEPS Action 4 (Banking and insurance sectors)

  28 July 2016

  Interested parties are invited to provide comments on a discussion draft which deals approaches to address BEPS involving interest in the banking and insurance sectors under Action 4 (Interest deductions and other financial payments) of the BEPS Action Plan.

• OECD announces further developments in BEPS implementation

  11 July 2016

  The OECD has released a discussion draft which deals with the design and operation of the group ratio rule under BEPS Action 4 and the standardised IT-format for the exchange of tax rulings between jurisdictions under BEPS Action 5. It also announced that Angola has become the 83rd member of the Inclusive Framework on BEPS.

• Public consultation on the BEPS multilateral instrument

  07 July 2016

  The OECD will hold a public consultation event on the Multilateral Instrument on 7 July 2016 at the OECD Conference Centre in Paris, France.

• Release of BEPS discussion drafts on attribution of profits to permanent establishments and revised guidance on profit splits

  04 July 2016

  Public comments are invited on discussion drafts on "Attribution of Profits to Permanent Establishments" which deals with work in relation to BEPS Action 7 and on the "Revised Guidance on Profit Splits" which deals with work in related to BEPS Actions 8-10 of the OECD/G20 BEPS Action Plan.

• Public review sought of BEPS Conforming Changes to Chapter IX of the OECD Transfer Pricing Guidelines

  04 July 2016

  Interested parties are invited to review the conforming changes to Chapter IX of the Transfer Pricing Guidelines, "Transfer Pricing Aspects of Business Restructurings."

• New steps to strengthen transparency in international tax matters: OECD releases guidance on the implementation of country-by-country reporting

  29 June 2016

  Today the OECD has taken a new step in its continuing efforts to boost transparency in international tax matters with the release of guidance on the implementation of country-by-country (CbC) reporting.

• Bermuda joins agreement to automatically share BEPS country-by-country reports

  20 April 2016

  Bermuda became the 33rd signatory of the Multilateral Competent Authority Agreement for the automatic exchange of Country-by-Country reports (CbC MCAA), which is based on Article 6 of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and puts in place the automatic exchange framework for exchanging Country-by-Country Reports, as contemplated by BEPS Action 13.

• International organisations take major step to boost global co-operation in tax matters

  19 April 2016

  The main international organisations working on taxation – the IMF, OECD, UN and WBG – have announced today further details on how they will act together through a Platform for Collaboration on Tax as a response to the growing importance of taxation in the international financing for development debate to achieve the UN Sustainable Development Goals.

• OECD releases standardised electronic format for the exchange of BEPS Country-by-Country Reports

  22 March 2016

  In a continued effort to boost transparency in international tax matters, the OECD has today released its standardised electronic format for the exchange of Country-by-Country (CbC) Reports between jurisdictions – the CbC XML Schema – as well as the related User Guide.

• Regional meeting in Dakar on the implementation of the BEPS Project for francophone African countries

  24 February 2016

  On 22-23 February 2016, a regional network meeting on the implementation of the BEPS package was held in Dakar (Senegal), by the OECD in partnership with the CREDAF (Centre de Rencontres et d'Etudes des Dirigeants des Administrations Fiscales).

• New regional network meeting on BEPS held in Costa Rica

  23 November 2015

  On 17-18 November 2015, a new regional meeting as well as a governmental workshop on BEPS was held for the Latin America and the Caribbean region to discuss the outcomes of the BEPS Project, and the ways that the countries can explore to be involved on an equal footing in the implementation and the monitoring phase of the measures adopted.

• OECD holds a regional consultation on BEPS for Asia-Pacific in Indonesia

  13 November 2015

  On 11-12 November 2015, the first Asia-Pacific Technical Meeting on BEPS discussed the outcomes of the BEPS project, and the challenges countries face in the region in implementing BEPS, and explored how countries in the region can engage in the implementation, on-going development and monitoring of the measures adopted, on an equal footing.

• BEPS implementation and beyond: Developed and developing countries gather at the OECD

  06 November 2015

  In-depth discussions took place this week as the international community continues to make progress on the international tax agenda. Officials from more than 100 countries drawing from tax authorities, ministries of finance, development agencies, as well as regional and international organisations, business and civil society came together in a series of meetings hosted by the OECD.

• OECD hosts a meeting of the CREDAF Working group on BEPS

  02 November 2015

  The CREDAF Working group on BEPS held its second physical meeting in Paris on 2 November 2015, following the one that took place in Kinshasa on 27 May 2015. Twenty five participants gathered to discuss the work to be performed within the implementation phase of the OECD/G20 BEPS Project.

• OECD holds second regional Network Meeting on BEPS in Eastern Europe and Central Asia

  23 October 2015

  On 21-23 October 2015, the Eastern Europe and Central Asia Regional Meeting and Governmental Workshop on BEPS discussed the outcomes of the BEPS project, and how countries can engage in the implementation and monitoring of the measures adopted on an equal footing.

• Webcasts covering launch of 2015 BEPS reports

  05 October 2015

  Senior members of the OECD's Centre for Tax Policy and Administration (CTPA) commented on the launch of the 2015 OECD/G20 BEPS reports.

• Public comments received on BEPS Action 3 (Strengthening CFC Rules)

  05 May 2015

  On 3 April 2015, interested parties were invited to comment on the discussion draft on Action 3 (Strengthening CFC Rules) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received.

• Developing countries participate in global meetings to counter BEPS

  24 March 2015

  Delegates from over 90 jurisdictions have gathered at the OECD Conference Centre in Paris in two meetings devoted to discussing solutions to base erosion and profit shifting (BEPS).

• OECD holds regional Network Meeting on BEPS in Eastern Europe and Central Asia

  09 March 2015

  Following the recent meetings of regional policy networks on BEPS in South East Asia (Korea 12-13 February), francopohone countries (Gabon, 27 February) and Latin America and the Caribbean (Peru, 26-27 February) a regional network meeting in Eastern Europe and Central Asia was held in Ankara, Turkey on 5-6 March.

• OECD holds regional network meeting on BEPS in Latin America

  02 March 2015

  Following the release of the Strategy for Deepening Developing Country Engagement in the BEPS Project in November 2014, the Latin America and the Caribbean Regional Network on BEPS held its meeting on 26 - 27 February 2015 in Lima.

• OECD and CREDAF hold regional network meeting on BEPS

  02 March 2015

  After the March 2014 meeting in Paris and following the release of the Strategy for Deepening Developing Country Engagement in the BEPS Project in November 2014, French-speaking countries met on 27 February 2015 in Libreville, Gabon.

• OECD holds regional network meeting on BEPS in Asia

  16 February 2015

  Following the release of the Strategy for Deepening Developing Country Engagement in the BEPS Project in November 2014, the Asia-Pacific Regional Network on BEPS held its meeting on 12 - 13 February 2015 in Seoul.

• Public comments received on Action 4 of the BEPS Action Plan

  11 February 2015

  On 18 December 2014, interested parties were invited to comment on the discussion draft on Action 4 (Interest Deductions and other Financial Payments) of the BEPS Action Plan. The OECD is grateful to the commentators for their input and now publishes the comments received.

• Release of discussion draft on Action 4 of the BEPS Action Plan

  18 December 2014

  Public comments are invited on a discussion draft which deals with action 4 (Interest deductions and other financial payments) of the BEPS Action Plan

• Workshop with developing countries to plan deepened engagement in BEPS Project

  12 December 2014

  On 10-11 December, officials from fourteen developing countries discussed ways to maximise benefits from their recent commitment to enhanced engagement in the BEPS Project.

• Developed and developing countries gather at the OECD to tackle BEPS

  26 September 2014

  Almost 300 senior tax officials from more than 100 countries and international organisations met in Paris on 25-26 September 2014 during the 19th Annual Global Forum on Tax Treaties to discuss solutions to unintended double non-taxation caused by base erosion and profit shifting (BEPS).

• OECD releases public request for input on BEPS Action 11

  04 August 2014

  Public comments are invited on request for input on BEPS Action 11 regarding work on establishing methodologies to collect and analyse data on BEPS and the actions to address it.

• BEPS: OECD publishes comments received on Action 2 discussions drafts

  07 May 2014

  OECD publishes comments received on Action 2 discussions drafts (Neutralise the Effects of Hybrid Mismatch Arrangements)

• BEPS: OECD publishes comments received on Action 1 discussion draft

  16 April 2014

  On 24 March 2014, the OECD invited comments from interested parties on the Discussion Draft on Tax Challenges of the Digital Economy related to Action 1 of the BEPS Action Plan. The OECD now publishes the comments received.

• BEPS: Release of discussion draft on Action 1 of the BEPS Action Plan

  24 March 2014

  Public comments are invited on a discussion draft that includes the proposals produced with respect to Action 1 (Tax Challenges of the Digital Economy) of the BEPS Action Plan.

• BEPS: Release of discussion drafts on Action 2 of the BEPS Action Plan

  19 March 2014

  Public comments are invited on discussion drafts that include the proposals produced with respect to Action 2 (Hybrid Mismatch Arrangements) of the BEPS Action Plan.

• BEPS: OECD holds regional consultations in Asia and Latin America

  07 March 2014

  In line with the Base Erosion and Profit Shifting (BEPS) Action Plan to involve developing countries in the work on BEPS, the OECD has held two regional consultations for the Asia-Pacific and Latin American-Caribbean regions.

• BEPS: OECD issues release dates of discussion drafts and public consultations

  20 February 2014

  A revision of the timetable for planned stakeholders’ input is now available online with the dates when discussion drafts will be published and public consultations held in relation to the September 2014 BEPS outputs.

• BEPS: OECD issues communication on engagement with stakeholders

  03 December 2013

  The timeline of the OECD/G20 BEPS Project is extremely ambitious, with the first outputs expected for September 2014 and the completion of the project by the end of 2015. Input from relevant stakeholders is essential as the BEPS Project moves forward to develop the measures envisaged in the BEPS Action Plan.

• OECD engages with developing countries on BEPS

  27 September 2013

  Over 300 senior tax officials from more than 100 jurisdictions and international organisations met in Paris on 26-27 September 2013 during the 18th Annual Tax Treaty Meeting to discuss solutions to unintended double non-taxation caused by base erosion and profit shifting (BEPS).

• OECD’s Gurría presents G20 Leaders with proposal to tackle tax evasion

  05 September 2013

  OECD Secretary-General Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals. The proposals establish automatic exchange of information for tax purposes as the new international standard for tax co-operation and set out the Action Plan on Base Erosion and Profit Shifting (BEPS), which was first presented to G20 Finance Ministers in Moscow in July 2013.

• OECD calls on G20 finance ministers to support next steps in clampdown on tax avoidance

  20 July 2013

  The OECD today presented to G20 finance ministers plans for a two-pronged attack on tax avoidance and evasion from both companies and individuals.