***International community continues movement towards greater tax transparency*** The [Global Forum on Transparency and Exchange of Information for Tax Purposes](http://www.oecd.org/tax/transparency/) has released ten new Peer Review Reports. A release from … Read More
Tax Co-operation
Platform for Collaboration on Tax Reports to G20
***Enhancing the Effectiveness of External Support in Building Tax Capacity in Developing Countries*** The third G20 Finance Ministers and Central Bank Governors Meeting was held in Chengdu, southwest China’s Sichuan … Read More
New Inclusive Framework to Tackle Base Erosion and Profit Shifting
Representatives of more than 80 countries and jurisdictions have gathered in Kyoto, Japan (June 30 – July 1) to push forward ongoing efforts to update international tax rules for the … Read More
OECD Releases Guidance on the Implementation of Country-by-Country Reporting
The OECD today released its [Guidance on the Implementation of Country-by-Country (CbC) Reporting](http://www.oecd.org/tax/exchange-of-tax-information/guidance-on-the-implementation-of-country-by-country-reporting-beps-action-13.pdf) (BEPS Action 13). Under CbC reporting, multinational enterprises (MNEs) will be required to provide aggregate information annually, … Read More
The Dominican Republic and Nauru Sign Multilateral Convention
The Dominican Republic and Nauru have signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/tax/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm?utm_source=Adestra&utm_medium=email&utm_content=Multilateral%20Convention%20on%20Mutual%20Administrative%20Assistance%20in%20Tax%20Matters&utm_campaign=Tax%20News%20Alert%2029-06-2016&utm_term=demo), becoming the 97th and 98th jurisdictions to join the Convention. Nauru also became … Read More
European Commission – New Rules to Tackle Tax Avoidance
The Commission welcomed today’s agreement by Member States on their general approach for far-reaching new rules to eliminate the most common corporate tax avoidance practices. Pierre Moscovici, Commissioner for Economic … Read More
Brazil, Jamaica and Uruguay Expand Capacity to Fight International Tax Avoidance and Evasion
Jamaica and Uruguay today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and Brazil deposited its instrument of ratification of the Convention on the occasion of the … Read More
Multilateral Instrument to Implement Tax-Treaty Related BEPS Measures
Public comments are invited on technical issues identified in a [request for input ](http://www.oecd.org/tax/treaties/BEPS-Discussion-draft-Multilateral-Instrument.pdf?utm_source=Adestra&utm_medium=email&utm_content=request%20for%20input&utm_campaign=Tax%20News%20Alert%2001-06-2016&utm_term=demo)related to the development of a multilateral instrument to implement the tax-treaty related BEPS measures. The report … Read More
Automatic Exchange of Information
BFSB has released an updated document relating to The Bahamas’ Commitment to Automatic Exchange of Information (AEOI). It notes that there is ongoing public-private sector dialogue with respect to timely … Read More
Conclusions: EU Anti-Tax Avoidance Proposals
The EU Council has adopted [conclusions](http://www.consilium.europa.eu/en/press/press-releases/2016/05/25-conclusions-tax-treaty-abuse/?utm_source=DSMS&utm_medium=email&utm_campaign=Tax+abuse+treaty&utm_term=952.5049.5361.0.5049&utm_content=all+customers) on the third country aspects of the Commission’s anti-tax-avoidance proposals – confirming the importance of continuing and intensifying action to tackle tax fraud, tax … Read More