21-November-2023
English
Jurisdictions with high tax rates account for more than half of the low-taxed profits reported globally by multinational enterprises (MNEs), according to new OECD analysis.
17-November-2023
English
National climate policy action across the countries that produce nearly two thirds of total greenhouse gas emissions only increased by 1% in 2022, the lowest annual growth recorded since 2000, and reflecting a deceleration in ambitions to meet the Paris Agreement temperature goals amid growing energy security concerns
16-November-2023
English
Climate finance provided and mobilised by developed countries for climate action in developing countries reached USD 89.6 billion in 2021, according to the OECD’s sixth assessment of progress towards the goal for developed countries to provide and mobilise USD 100 billion of climate finance annually for climate action in developing countries under the UN Framework Convention on Climate Change.
10-November-2023
English
OECD Secretary-General Mathias Cormann welcomed today’s announcement that 48 countries and jurisdictions intend to implement the OECD’s global tax transparency framework for the reporting and exchange of information with respect to crypto-assets by 2027.
19-October-2023
English
Brazil has sanctioned large-scale foreign bribery schemes through non-trial resolutions with three legal persons, including as part of one of the most prominent multi-jurisdictional resolutions to date involving foreign bribery allegations. While the Working Group commends Brazil for this success, nevertheless Brazil has only a limited number of enforcement proceedings still ongoing.
11-October-2023
English
The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (Inclusive Framework) has released the text of a new multilateral convention that updates the international tax framework to co-ordinate a reallocation of taxing rights to market jurisdictions, improve tax certainty, and remove digital service taxes.
3-October-2023
English
The OECD/G20 Inclusive Framework on BEPS has concluded negotiations on a multilateral instrument that will protect the right of developing countries to ensure multinational enterprises pay a minimum level of tax on a broad range of cross-border intra-group payments, including for services.
13-September-2023
English
Tax policy has played a central role as governments sought to shield households and businesses from the impact of decade-high inflation levels, according to a new OECD report.
17-July-2023
English
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.
12-July-2023
English
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.