Latest news

09

Dec

2019

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

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.

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06

Dec

2019

Irish Taxpayers Must Renew 2014 Tax Rulings

Companies with a tax ruling dating from 2014 from the Irish Revenue have been encouraged to renew these before they expire.

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06

Dec

2019

Swiss Tax Disputes Resolved Quickly In 2018: Report

Switzerland has released a report on its efforts to resolve tax disputes, noting that the average time to complete mutual agreement procedure cases was 13 months in 2018, significantly below that required under the BEPS minimum standards.

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06

Dec

2019

OECD Releases Eight New Action 14 Peer Reviews

The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution.

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05

Dec

2019

Montenegro joins the Inclusive Framework on BEPS

The Inclusive Framework on BEPS welcomes Montenegro bringing to 136 the total number of countries and jurisdictions participating on an equal footing in the Project.

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05

Dec

2019

Tax revenues have reached a plateau

Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis.

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05

Dec

2019

IRS Issues Final Foreign Tax Credit Regulations

On December 2, 2019, the United States Internal Revenue Service issued final regulations on the foreign tax credit following major changes to the US tax code.

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04

Dec

2019

Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States

Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States

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04

Dec

2019

Six Countries Sign Up To Multilateral Tax Pacts

At the tenth plenary meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, five countries signed up to the multilateral convention on mutual administrative assistance in tax matters, and two countries signed up to the BEPS multilateral instrument.

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03

Dec

2019

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

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.

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03

Dec

2019

10th Anniversary Meeting of the Global Forum

This year the Global Forum marked its 10th anniversary and provide an opportunity to take stock of the progress made. The first day of the plenary (26 November), which was open to the media and invited honorary guests, focused on the issues of the utility, relevance and global impact of tax transparency.

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03

Dec

2019

Austria, Ireland Have Failed To Adopt ATAD BEPS Measures

The European Commission has requested that both Austria and Ireland take action to transpose EU-wide interest limitation rules into their respective national laws.

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