The OECD has issued a [new report](http://www.oecd.org/tax/oecd-secretary-general-tax-report-g20-finance-ministers-april-2016.pdf) to the G20, delivered today to the G20 Finance Ministers meeting in Washington DC. The report, points out that a number of jurisdictions … Read More
Tax Co-operation
Tax administrations meet on “Panama Papers”
As had been [announced](https://bfsb-bahamas.com/news.php?cmd=view&id=3517) last week, the [Joint International Tax Shelter Information and Collaboration (JITSIC) Network](http://www.oecd.org/tax/forum-on-tax-administration/ftajitsicnetwork.htm) met in a special project session today at the OECD in Paris. JITSIC Participants … Read More
JITSIC to act on “Panama Papers”
The [Joint International Tax Shelter Information and Collaboration](http://www.oecd.org/tax/forum-on-tax-administration/ftajitsicnetwork.htm) (JITSIC) Network will meet at the OECD in Paris on Wednesday, 13 April. It will bring together senior tax administration officials from … Read More
OECD on Panama Papers
OECD Secretary-General Angel Gurría issued a statement today in response to the weekend’s revelations on the “Panama Papers”. He noted: *”While the ‘Panama Papers’ data expose nefarious activities, they also … Read More
Standardised Electronic Format for the Exchange of BEPS Country-by-Country Reports
The OECD today released its standardised electronic format for the exchange of Country-by-Country (CbC) Reports between jurisdictions – [the CbC XML Schema – as well as the related User Guide](http://www.oecd.org/tax/country-by-country-reporting-xml-schema-user-guide-for-tax-administrations-and-taxpayers.htm). … Read More
New Global Forum Peer Reviews
The [Global Forum on Transparency and Exchange of Information for Tax Purpose](http://www.oecd.org/tax/transparency/)s today published 10 new Peer Review reports. The release from the world’s leading forum on tax transparency says … Read More
Deepening the Engagement to Implement the BEPS Package
The OECD recently hosted meetings of the [Task Force on Tax and Development](http://www.oecd.org/ctp/tax-global/taxanddevelopment.htm) and the [Global Forum on Transfer Pricing](http://www.oecd.org/tax/transfer-pricing/global-forum-transfer-pricing.htm), with participants representing 84 jurisdictions and 11 international and regional … Read More
BEPS Associates – Global Efforts Led by the OECD and G20 to Close International Tax Loopholes
The OECD has agreed a new framework to allow all interested countries and jurisdictions to join in efforts to update international tax rules for the 21st Century. The proposal for … Read More
Kenya Joins Multilateral Instrument Against Offshore Tax Evasion and Avoidance
Kenya today signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matter](http://www.oecd.org/ctp/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm)s. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. … Read More
Switzerland Signs Declaration on Introduction of AEOI with Canada
Switzerland has signed a [joint declaration](http://www.news.admin.ch/NSBSubscriber/message/attachments/42858.pdf) on the introduction of the automatic exchange of information (AEOI) in tax matters on a reciprocal basis with Canada. The two countries intend to … Read More