The COVID-19 pandemic saw a significant shift among most tax administrations to remote working by many of their staff. As tax administrations consider the shape of the post-COVID workplace, many are examining the options for some degree of continued remote working for employees on a longer-term basis. This note explores some of the key issues…
Punta del Este Declaration Progress Report. Recognising the special circumstances of Latin American countries, which suffer considerable loss from Illicit Financial Flows (IFFs), the Global Forum, in 2018, together with a number of its Latin America members and technical partners launched a Latin America Initiative, through the Punta del Este Declaration, aimed at helping unlock…
1. On 29 June 2020, the OECD/G20 BEPS Inclusive Framework approved the Model Rules for Reporting by Platform Operators with respect to Sellers in the Sharing and Gig Economy (the “Model Rules”). Under the Model Rules, operators of digital platforms are required to collect information on the income realised by those offering accommodation, transport and…
This VAT Digital Toolkit for Latin America and the Caribbean (LAC) provides detailed guidance to assist LAC tax authorities in the design and implementation of robust policies for the application of Value Added Taxes (VAT) to digital trade. This Toolkit covers the core components of a comprehensive VAT strategy directed at the main types of…
This document is complementary to “Fighting Tax Crime – The Ten Global Principles, Second Edition” and reports the results of self-assessments that were undertaken to benchmark domestic frameworks against the Ten Global Principles. It covers the legal, institutional and operational frameworks that are in place, highlights best-practices and identifies areas for further improvement.
The “Guidance on the transfer pricing implications of the COVID-19 pandemic” represents the consensus view of the 137 members of the Inclusive Framework on BEPS regarding the application of the arm’s length principle and the OECD Transfer Pricing Guidelines to issues that may arise or be exacerbated in the context of the COVID-19 pandemic. The…
OECD WORK ON TAXATION 2021. CTPA responded quickly to the COVID-19 crisis by providing data, guidance and tools to help all countries adapt their tax policies and tax administrations to help people and businesses stay afloat through the pandemic. The 2020 report, Tax and Fiscal Policy in Response to the Coronavirus Crisis – Strengthening Confidence…
OECD. AFRICAN UNION. TAX TRANSPARENCY IN AFRICA 2021. AFRICA INITIATIVE PROGRESS REPORT. The Africa Initiative, its members and partners Given the high levels of illicit financial flows from African countries, and recognising the potential of tax transparency and exchange of information to raise resources for development, African members of the Global Forum on Transparency and…
OECD – TAX AND DEVELOPMENT: PROGRESS REPORT IN THE COVID-19 ERA. The COVID-19 pandemic has had a huge impact on the health of both people and economies, with developing countries hit the hardest. In the past year, governments have been caught between the need to provide income support and liquidity to individuals and businesses and…
This paper explores the effect of corporate taxes on the investment of multinational enterprises (MNEs), and whether this effect differs across MNE groups depending on their profitability rate. Firm-level analysis conducted on a cross-country panel of MNE entities confirms the earlier finding that MNE investment in a jurisdiction is negatively affected by effective corporate tax…