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Global association of transfer pricing and valuation consulting firms with presence in the most entrepreneurial cities around the globe.

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Sep

2021

Global Forum Secretariat, African Development Bank and World Bank Group deliver new model manual on exchange of information for tax purposes

Exchange of information is an essential tool for tax authorities worldwide to ensure that all taxpayers pay the correct amount of tax. In order to support them, the Global Forum, the World Bank Group and the African Development Bank are jointly publishing a new version of the Manual on Exchange of Information.

Sep

2021

Tax administrations continue to accelerate their digital transformation

Tax administrations are investing significant resources in the development of e-services and digital solutions and are embracing opportunities for fast tracking digital transformation to improve their services, reduce burdens, and improve tax compliance, according to a new OECD report.

Sep

2021

Brochure: Tax Database 2021 update

Comparative information on a range of tax rates and statistics in the OECD member countries, and corporate tax statistics and effective tax rates for inclusive framework countries, covering personal income tax rates and social security contributions applying to labour income; corporate tax rates and statistics, effective tax rates; tax rates on consumption; and environmental taxes.

Sep

2021

Algeria joins Global Forum on Transparency and Exchange of Information for Tax Purposes

Algeria joins the international fight against tax evasion by becoming the 163rd member of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Aug

2021

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

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.

Aug

2021

Ukraine commits to start automatic exchange of financial account information by 2023

Ukraine has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2023. The commitment made by Prime Minister of Ukraine, Mr Denys Shmyhal, makes Ukraine the 118th Global Forum member to commit to start AEOI by a specific date.

Aug

2021

Newsletter: Update on the recent developments of the FTA work programme, August 2021

This newsletter provides an update on the recent developments of the FTA work programme and covers the following topics: Tax Administration 3.0 (update and next steps); update on COIs and Network; COVID-19 related work; ERM Maturity Model publication; Capacity Building; ICAP; and more.

Aug

2021

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

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.

Aug

2021

Maldives, Papua New Guinea and Rwanda join multilateral Convention to tackle tax evasion and avoidance

Today, at the OECD Headquarters in Paris, three countries have signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention), bringing the total number of jurisdictions that participate in the Convention to 144.

Aug

2021

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

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.

Aug

2021

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

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.

Aug

2021

Jamaica commits to start automatic exchange of financial account information by 2022

Jamaica has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2022. The commitment made by the Minister of Finance and the Public Service makes Jamaica the 117th Global Forum member to commit to start AEOI by a specific date.