OECD – Latin America and the Caribbean: Tax revenue gains under threat amid deteriorating regional outlook

Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published today. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by…

OECD – Overview of Country Tax Policy measures in response to Covid-19 crisis

The excel table provides an overview of the tax policy measures that countries have implemented in response to the Covid-19 pandemic.In addition to tax policy measures, the table lists measures that are relevant to tax policy, such as changes in benefits and benefit entitlements. Many countries are providing loans to businesses at (typically) reduced interest…

Tackling the coronavirus: OECD Forum on Tax Administration publishes advice on business continuity considerations for tax administrations

The OECD Forum on Tax Administration (FTA), in collaboration with the Intra-European Organisation of Tax Administrations (IOTA) and the Inter-American Center of Tax Administrations (CIAT), has today published a reference document on critical business continuity considerations for tax administrations in the context of the COVID-19 pandemic. This document is based on input from across the…

OECD/G20 Base Erosion and Profit Shifting Project. Prevention of Treaty Abuse – Second Peer Review Report on Treaty Shopping. INCLUSIVE FRAMEWORK ON BEPS: ACTION 6

OECD/G20 Base Erosion and Profit Shifting Project. Prevention of Treaty Abuse – Second Peer Review Report on Treaty Shopping. INCLUSIVE FRAMEWORK ON BEPS: ACTION 6. Action 6 of the BEPS Project identified treaty abuse, and in particular treaty shopping, as one of the principal sources of BEPS concerns. Owing to the seriousness of treaty shopping,…

OECD – FORUM ON TAX ADMINISTRATION – TAX ADMINISTRATION  RESPONSES TO COVID -19: SUPPORT FOR TAXPAYERS

OECD – FORUM ON TAX ADMINISTRATION – TAX ADMINISTRATION  RESPONSES TO COVID -19: SUPPORT FOR TAXPAYERS. The Covid -19 emergency will affect the lives of many people around the globe. There are a number of ways that governments and tax administrations can ease burdens on Taxpayers and support businesses and individuals with cash-flow problems or…

OECD – EMERGENCY TAX POLICY RESPONSES TO THE COVID -19 PANDEMIC

OECD – EMERGENCY TAX POLICY RESPONSES TO THE COVID -19 PANDEMIC. LIMITING DAMAGE TO PRODUCTIVE POTENTIAL AND PROTECTING THE VULNERABLE. Emergency tax policy responses to the Covid -19 pandemic limiting damage to productive potential and protecting the vulnerable detected cases of Covid-19 are quickly rising in many countries, with major adverse effects on health and…

OECD – Transfer Pricing in Brazil: Towards Convergence with the OECD Standard

This report is an outcome of the joint project on transfer pricing between OECD and Receita Federal do Brasil (RFB). It contains the findings of the in-depth analysis of similarities and differences between the transfer pricing framework currently in place in Brazil as compared to the OECD guidance (OECD Transfer Pricing Guidelines for Multinational Enterprise…