Stories that are tagged 'Organisation for Economic Co-operation and Development (OECD)'

	Barbados's Tax Transparency Framework Endorsed 4/27/2012 The Barbados government has welcomed recognition from the Organization for Economic Cooperation and Development that its legislative and regulatory framework for the exchange of tax information meets international standards.
	Gibraltar Consults Industry On Transparency Enhancements 4/24/2012 The Gibraltar government is seeking input from the finance industry to help it form a response to recommendations received from the Organization for Economic Cooperation and Development on improvements deemed necessary to the territory's fiscal transparency frameworks for the exchange of tax information.
	German Lawmakers Adopt Updated DTA With Turkey 4/5/2012 The German Bundestag, or lower house of parliament, has recently adopted the federal government’s bill pertaining to the bilateral double taxation agreement with Turkey, signed in Berlin by German Finance Minister Wolfgang Schäuble and his Turkish counterpart Mehmet Simsek on September 19, 2011.
	Liechtenstein's Nordic TIEAs Enter Into Force 3/30/2012 The Liechtenstein government has recently announced that the bilateral tax information exchange agreements (TIEAs) concluded with Norway, Finland, Iceland, Greenland and the Faroe Islands are due to enter into force shortly, following ratification of the treaties by the relevant contracting parties.
	OECD Forum To Simplify Transfer Pricing Rules 3/30/2012 Meeting at the first Organization for Economic Cooperation and Development Global Forum on Transfer Pricing, tax officials from 90 countries agreed on the need to simplify transfer pricing rules, strengthen the guidelines on intangible issues and improve the efficiency of dispute resolution.
	Liechtenstein Sends DTA With Germany To Parliament 3/29/2012 The Liechtenstein government has announced that it has recently submitted to parliament for approval a report pertaining to the bilateral double taxation agreement with Germany, aimed at preventing double taxation and tax evasion in the area of taxes on income and on wealth.
	Liechtenstein Initials TIEA With Japan 3/15/2012 Delegation leaders have recently initialled the bilateral tax information exchange agreement between Japan and Liechtenstein, following the conclusion of negotiations.
	Austria Inks DTAs With Canada, Czech Republic 3/13/2012 The Austrian finance ministry has announced the recent signing of revised bilateral double taxation agreements with Canada and the Czech Republic.
	OECD Report Tackles Aggressive Tax Planning 3/8/2012 The Organisation for Economic Cooperation and Development has announced the launch of its latest publication, aimed at aiding governments to tackle the use of aggressive tax planning.
	Paying Taxes Survey Unveiled By PwC 2/20/2012 60% of world economies have made paying taxes easier over the past seven years, a new study has shown, with total tax rates falling by an average of 8.5%.
	Russian Duma Ratifies Cypriot DTA Protocol 2/21/2012 Russia's lower house of parliament, the Duma, has ratified the pending Protocol to the double tax avoidance agreement with Cyprus, confirming removal of the nation from Russia's notorious 'blacklist'.
	Grenada To Ensure Adherence To Tax Standards 2/16/2012 The government of Grenada has established a high-level committee of public and private sector individuals to aid the government in overhauling legislation regulating the territory's financial services sector to ensure adherence to international standards.
	India Signs Multilateral Tax Cooperation Convention 1/30/2012 India is the latest signatory to join the multilateral Convention on Mutual Administrative Assistance in Tax Matters, an agreement drafted to promote international tax cooperation.
	Swiss, Uruguay DTA Enters Into Force 1/2/2012 The Swiss Federal Department of Finance has announced that following the diplomatic exchange of notes on December 28, 2011, the double taxation agreement between Switzerland and Uruguay entered into force.
	Swiss, Greek DTA Amendments In Force 1/2/2012 The Swiss Federal Department of Finance has announced that the Protocol of Amendment of November 4, 2010, to the double taxation agreement between Switzerland and Greece has recently entered into force.
	Switzerland, Japan DTA Revisions Soon In Force 12/30/2011 The Swiss Federal Department of Finance has recently announced that the revised bilateral double taxation agreement between Switzerland and Japan, signed on May 21, 2010, will enter into force on December 30, 2011.
	CARICOM Slams Sarkozy's Tax Haven Slur 12/12/2011 The Caribbean Community’s Council for Trade and Economic Development has publicly rebuked French President Nicolas Sarkozy’s characterization of three of its member states as 'tax havens'.
	OECD Praises New Italian Government's Tax Plan 12/7/2011 The Organization for Economic Cooperation and Development has welcomed the austerity measures proposed by the incoming Italian government as ambitious enough to calm markets' concerns on the nation's debt trajectory.
	Antigua And Barbuda Addresses OECD Concerns 11/30/2011 The government of Antigua and Barbuda is due to undertake amendments to the island's legal framework for tax information exchange to address deficiencies highlighted in the latest phase-one assessment from Organization of Economic Cooperation and Development members.
	Mexico Has OECD's Lowest Tax Burden 11/30/2011 The Organization for Economic Cooperation and Development has published its annual report on the tax burdens in place in 2010 among its members, which shows that Mexico had the lowest tax-to-GDP ratio at 18.7%.
	Switzerland, France Smooth Over Tax Differences 11/24/2011 Swiss Federal Councillor and head of the Federal Department of Finance Eveline Widmer-Schlumpf recently held talks with French Finance Minister François Baroin, with the discussions focussing on the global economic situation, on the current crisis in the eurozone, and on bilateral and multilateral tax matters.
	Germany, Liechtenstein Sign DTA 11/21/2011 The Principality of Liechtenstein and the Federal Republic of Germany have recently signed in Berlin a bilateral double taxation agreement between the two countries, intended to secure mutual legal, planning and investment security.
	Swiss, Netherlands DTA Amendments In Force 11/17/2011 Switzerland’s federal administration has announced recently that the revised bilateral double taxation agreement with the Netherlands, signed on February 26, 2010, entered into force on November 9.
	Swiss Lawmakers Approve US Info Exchange Amendment 11/15/2011 The Swiss Foreign Affairs Committee of the Council of States, Switzerland’s upper house of parliament, has recently adopted a federal decree pertaining to an amendment to the 2009 bilateral double taxation agreement in place between Switzerland and the US.
	Cayman Praised For Robust Regulation 11/14/2011 The Cayman Islands' adherence to global regulatory and supervisory standards on international cooperation and information exchange has been found 'sufficiently strong' - the highest assessment possible - by the Financial Stability Board, in a report commissioned by the Group of Twenty nations.
	Canada, Barbados Amend DTA 11/10/2011 Canada and Barbados have inked a protocol to their existing double tax agreement, designed to bring the treaty up to date with modern standards on the exchange of information.
	Barbados Working On Tax Transparency 5/1/2012 Barbados's Minister responsible for International Business, George Hutson has denied recent claims from the island's business association that the government has failed to do enough to prove to the OECD that it has implemented the reforms necessary to exchange tax information in line with international standards.
	Canada Signs Revised Tax Information Exchange Agreement 11/9/2011 Canada has signed the updated Convention on Mutual Administrative Assistance in Tax Matters, Finance Minister Jim Flaherty has announced.
	G20 Agrees New Tax Information Exchange Convention 11/7/2011 The Organisation for Economic and Cooperation Development has announced that G20 governments have agreed to a new multilateral Convention to enable developing countries to tackle tax evasion more effectively.
	Jersey Effectively Implementing Tax Information Exchange 10/27/2011 Jersey Finance has welcomed the findings of the Global Forum on Transparency and Exchange of Information for Tax Purposes which reported on Jersey's progress in developing a transparency and tax information exchange regime in line with developing international standards.
	G-20 Nations Failing To Honour Protectionism Pledges 10/27/2011 Disappointingly weak growth in some G-20 members is testing the political resolve of many governments to resist trade protectionism, says a new report from the World Trade Organization, the United Nations and the Organisation for Economic Cooperation and Development, which examines trade and investment measures implemented in the third quarter of 2011.
	Swiss, Polish DTA Amendments In Force 10/25/2011 The protocol of amendment of April 20, 2010 to the bilateral double taxation agreement in place between Switzerland and Poland entered into force on October 17, providing for exchange of information in accordance with international standards.
	Anguilla Praised On Tax Transparency 10/24/2011 The efforts of Caribbean territory Anguilla over transparency and tax information exchange were recognised in the positive peer review report from the Organization for Economic and Cooperation Development now adopted by the Global Forum.
	Germany, Turkey Ink Revised DTA 9/23/2011 In the presence of German President Christian Wulff and Turkish President Abdullah Gül, Germany’s Finance Minister Wolfgang Schäuble and his Turkish counterpart Mehmet Simsek signed a new bilateral agreement between the two countries aimed at the avoidance of double taxation in the area of taxes on income.
	Germany, Switzerland Seal Landmark Tax Deal 9/23/2011 Switzerland and Germany have now signed a landmark tax agreement aimed at resolving the outstanding issues that have existed for decades between the two countries concerning the taxation of German investors' investment income in Switzerland.
	Global Forum Affirms Liechtenstein's Fiscal Commitments 9/19/2011 In a recently published report, summarising the legal and regulatory framework for transparency and exchange of information for tax purposes in Liechtenstein, the OECD's Global Forum underlines the principality’s commitment in the area of taxation.
	Germany, Liechtenstein Edge Closer To Tax Deal 8/19/2011 Germany and the Principality of Liechtenstein recently initialled in Berlin a draft agreement, designed to avoid double taxation and tax evasion in the area of taxes on income and capital.
	OECD Calls On Greece To Enforce Tax 'Fairness' 8/4/2011 Greece can rebuild growth, jobs and living standards if far-reaching reforms to tackle its economic crisis are implemented and the tax culture is addressed, according to a new report from the Organization for Economic and Cooperation Development.
	OECD Argues For Belgian Tax Reforms 7/13/2011 Belgium rebounded from economic crisis faster than most in the euro zone, but issues with its tax system, and with its environmental taxation in particular, remain, the Organization for Economic Cooperation and Development has said.
	Switzerland Adopts Tax Administrative Assistance Act 7/14/2011 Following the consultation period, the Swiss Federal Council has adopted the dispatch on the new Federal Act on International Administrative Assistance in Tax Matters.
	Vanuatu Achieves 'White List' Status 7/14/2011 Vanuatu has moved off the Organization for Economic Cooperation and Development's 'grey list', the group of countries which have not yet implemented internationally-agreed standards on the exchange of tax information.
	Panama Removed From OECD 'Grey List' 7/11/2011 Panama has followed Costa Rica in being removed from the Organization for Economic Cooperation and Development's 'grey list' of countries which have yet to substantially implement international standards on the exchange of tax information.
	Liechtenstein, Australia Sign TIEA 6/23/2011 Liechtenstein’s Prime Minister and Finance Minister Klaus Tschütscher and the Australian ambassador to Liechtenstein Peter Tesch have recently signed in Vaduz a bilateral tax information exchange agreement in accordance with the Organization for Economic Cooperation and Development’s standard.
	Austria, Tajikistan Ink DTA 6/16/2011 In the presence of Austria’s Federal President Heinz Fischer (pictured) and Tajikistan’s President Emomali Rachmon, Austria’s Financial State Secretary Andreas Schieder signed a bilateral double taxation agreement between Austria and the Republic of Tajikistan.
	Luxembourg, Tajikistan Ink DTA 6/14/2011 During an official visit to Luxembourg by Tajikistan’s President Emomali Rahmon and accompanying delegation, the talks centred on strengthening bilateral relations, on human rights, as well as on economic and financial issues, culminating in the signing of a bilateral double taxation agreement between the two countries.
	OECD Surveys Transfer Pricing Regimes 6/15/2011 The Organization for Economic Cooperation and Development has conducted a major new survey on the simplification of transfer pricing regimes, and found that over 80% of respondents have simplification procedures in place.
	OECD Says Russia Should Boost Innovation 6/13/2011 Russia needs to boost its innovation record by amending its policy, ensuring the effective enforcement of intellectual property rights regulation, encouraging stronger market competition and improving transparency standards, according to the Organization for Economic Cooperation and Development.
	Switzerland Passes Global Forum Review 6/8/2011 The Swiss Federal Administration has confirmed that the Confederation has passed the review on administrative assistance in tax matters carried out by the Global Forum.
	OECD Updates Information-Sharing Convention 6/3/2011 The Organization for Economic Cooperation and Development has amended its Multilateral Convention on Mutual Administrative Assistance in Tax Matters, to make it available to all countries.
	OECD Reviews Jurisdictions' Tax Transparency 6/2/2011 The Organisation for Economic Cooperation and Development has released a series of new Peer Review reports, covering the exchange of information for tax purposes, and making recommendations for improvements in this area.
	Portugal, Mozambique Ink Tax Agreement 6/1/2011 Portugal and Mozambique have recently signed a bilateral tax agreement, designed to strengthen cooperation between the respective tax administrations.
	Four UK-Caribbean TIEAs Enter Into Force 5/31/2011 The UK's tax information exchange agreements with four Caribbean countries have entered into force, each of which complies with the standards laid down by the Organisation for Economic Cooperation and Development.
	Russia To Join OECD Anti-Bribery Group 5/30/2011 Russia has been asked to join a key Organization of Economic Cooperation and Development group committed to the fight against bribery, and to accede to the Organization's Anti-Bribery Convention, a move seen as an important step in Russian membership negotiations.
	Trade Restrictions On The Rise 5/26/2011 Global trade and investment appear to be facing opposing forces both pushing and pulling against the prospects for economic recovery, as governments attempt to attract foreign investment on the one hand while shielding their economies from foreign competition by raising trade barriers on the other, according to a new report.
	Bermuda Announces Transparency Law 5/26/2011 Bermuda is to amend key elements of its business legislation in a bid to comply with Organization of Economic Cooperation and Development recommendations and meet international standards on tax transparency.
	S&P Places Italy On Negative Outlook 5/24/2011 The country’s political uncertainty, which has weakened its prospects for economic recovery and increased the perceived risks associated with the government’s fiscal debt reduction programme, has led Standard and Poor’s to lower the outlook on Italy’s credit rating.
	Mexico, Costa Rica Sign TIEA 5/23/2011 Mexico and Costa Rica have signed an agreement providing for the mutual exchange of information on tax, designed to combat tax evasion and comply with international standards.
	Switzerland Rethinks Administrative Assistance Provisions 5/23/2011 The Swiss Federal Council has decided that the division of responsibilities in the Federal Department of Finance in the area of international administrative assistance in tax matters and double taxation agreements should be revised.
	Switzerland, Peru Initial DTA 5/19/2011 Switzerland and Peru have recently concluded negotiations on a new double taxation agreement and have initialled the agreement, according to the Swiss Federal Administration.
	OECD Praises Russian Transfer Pricing Changes 5/19/2011 Amendments to Russia's transfer pricing rules, designed to improve efficiency and reduce tax avoidance, have been welcomed by the Organization of Economic Co-operation and Development, which says such changes would bring them largely in line with international standards.
	Mexico Urged To Bolster Tax Take 5/18/2011 Despite having weathered the global recession comparatively well, Mexico requires an extensive remodelling of key elements of its tax system, designed to strengthen low revenue levels by reducing reliance on volatile oil markets, broadening the tax base, and tackling tax evasion, the Organization for Economic Co-operation and Development has concluded.
	Tax Burdens On The Increase, Says OECD 5/13/2011 Average tax burdens rose in 22 of the Organization for Economic Co-operation and Development's 34 member countries in 2010, with France, Belgium, Germany and Italy among the highest-taxed countries.
	Italy Should Consider Action On Tax, Says OECD 5/11/2011 While it may have emerged from recession and looks set for recovery, Italy has been warned by the Organization for Economic Co-operation and Development that, with the strength of recovery uncertain, it should plan for sluggish growth and consider a possible broadening of the tax base.
	OECD Makes Tax Recommendations For NZ 5/2/2011 The Organisation for Economic Co-operation and Development has recommended that New Zealand's government implement a bold programme of fiscal consolidation, based on spending restraint and reform of the tax and pension systems. In particular, in order to address what are seen as substantial distortions in the housing market, a capital gains tax is seen as necessary.
	Anti-Corruption Activities Falling Short, Says OECD 4/27/2011 The Organisation for Economic Cooperation and Development has released figures showing that, while there are 38 signatories to its Anti-Bribery Convention, only a remarkably small minority are actively engaging in the sanctioning of individuals and companies.
	Bahamas Urged To Amend US Tax Agreement 4/19/2011 A report by the Organization for Economic Co-operation and Development has recommended that the Bahamas amend its tax information exchange treaty with the US to ensure greater power to access requested information.
	OECD Proposals Mean Increased Vigilance For Canadian Businesses 4/18/2011 Big Four firm Ernst and Young has commented on the Organization for Economic Co-Operation and Development's recent criticism of Canada's anti-corruption regime with a warning that businesses ought to prepare themselves for increasingly vigorous fraud investigations.
	OECD's Tax Forum Continues To Expand 4/14/2011 The Global Forum on Transparency and Exchange of Information for Tax Purposes has, following a series of recent additions, reached a membership of 101, and expects to expand still further in the future.
	OECD Makes Tax Recommendations For France 4/12/2011 In a new economic survey, the Organization for Economic Co-operation has stressed that although a moderate recovery is underway, France ought to strengthen its budgetary framework and render its tax structure more conducive to growth.
	Mexico, Isle of Man Sign TIEA 4/12/2011 Mexico and the Isle of Man have signed a Tax Information Exchange Agreement, which meets international standards on tax co-operation and transparency set by the Organization for Economic Co-operation and Development.
	OECD Calls For Better Anti-Bribery Enforcement In Canada 4/1/2011 Canada's enforcement of anti-corruption measures has been dubbed "problematic" by a new Organisation for Economic Co-Operation and Development report, which also criticises the lack of resources available for prosecution and makes several key recommendations for improvement.
	Switzerland, EU Initiate Competition Talks 3/30/2011 According to the Swiss Federal Administration, Switzerland and the European Union have recently initiated negotiations on an agreement governing closer cooperation between their competition authorities.
	Liechtenstein Corrects HK DTA Announcement 3/28/2011 The Liechtenstein government has announced a correction to its release dated March 16, pertaining to the bilateral double taxation agreement in place between Liechtenstein and Hong Kong.
	Barbados Sounds The Alarm On OECD Listing 3/24/2011 In a rare assault on the Organisation for Economic Cooperation and Development – the body responsible for enforcing tax transparency standards – Barbados has insisted it won’t 'roll over and play dead' as the Organization attempts to blacklist the territory as 'uncooperative.'
	Liechtenstein, Hong Kong DTA Enters Into Force 3/18/2011 Following ratification by both treaty partners, the bilateral double taxation agreement in place between Liechtenstein and Hong Kong entered into force on March 16.
	OECD Praises UK Fiscal Policy 3/18/2011 The Organisation for Economic Cooperation and Development has praised the UK government's commitment to fiscal consolidation, but has also stressed the need for further structural and efficiency targeted reform, in order to address fiscal sustainability and help bring about a long term rebalancing of the economy.
	Spain Signs OECD Tax Protocol 3/11/2011 Spain has become the latest country to sign the Protocol amending the multilateral Convention on Mutual Administrative Assistance in Tax Matters, which responds to the call of the G20 in 2009 for a multilateral framework for the exchange of information for tax purposes.
	Austria, Finland Sign Revised DTA 3/11/2011 Austria’s Finance Minister Josef Pröll and his Finnish counterpart Jyrki Katainen have recently signed a revised bilateral double taxation agreement, providing for information exchange in tax matters in accordance with the Organization for Economic Cooperation and Development’s model convention.
	Switzerland, Russia Initial Revised DTA 3/3/2011 Switzerland and Russia have recently initialled a revised bilateral double taxation agreement to be put in place between the two countries.
	Switzerland, Romania Sign Revised DTA 3/2/2011 Switzerland and Romania have recently signed the protocol amending the bilateral double taxation agreement in place between the two countries in the area of taxes on income and capital.
	Switzerland Revises Administrative Assistance Requirements 2/21/2011 The Swiss federal administration has announced that the Confederation’s requirements for administrative assistance in tax matters are to be revised.
	Switzerland, Slovakia Sign Revised DTA 2/16/2011 Switzerland and Slovakia have recently signed in Bratislava a protocol amending the existing bilateral double taxation agreement in place between the two countries in the area of taxes on income and capital.
	Luxembourg Approves Multiple Tax Treaties 2/8/2011 During a recent meeting, Luxembourg’s governing council adopted the bill providing for the approval of bilateral tax agreements with Barbados and Panama, as well as for the approval of amendments to multiple existing bilateral tax treaties.
	Barbados Commits To Information Exchange 2/7/2011 The Prime Minister of Barbados, Freundel Stuart, has announced that in order to fully implement Barbados’s national policy on transparency and demonstrate its commitment to the G-20 endorsed standard on the exchange of information for tax purposes, the Government will amend the Barbados Income Tax Act.
	Germany, Spain Update DTA 2/7/2011 On the sidelines of a recent intergovernmental summit meeting held in Madrid, Germany’s Finance Minister Wolfgang Schäuble and Spain’s Vice President Elena Salgado signed a new double taxation agreement.
	UK Bribery Act Put On Ice 2/4/2011 The UK government has agreed with business leaders to stall the introduction of the Bribery Act 2010 to allow time to provide guidance to businesses on its implementation, and to clarify ambiguity on what constitutes an unlawful dealing.
	Ireland Welcomes OECD Tax Report 2/2/2011 The government of Ireland has welcomed the findings of a report by the Organization of Economic Cooperation and Development on the issue of international tax transparency.
	Bahamas Concludes 23rd TIEA, With Japan 1/31/2011 An agreement for the exchange of tax information between the Bahamas and Japan, for the purpose of the prevention of fiscal evasion, and also - uniquely - for the allocation of the countries’ taxing rights with respect to individuals’ income, was signed on January 27, 2011.
	OECD Praises Switzerland's Regional Policy 1/24/2011 According to the findings of a recent study conducted by the Organization for Economic Cooperation and Development, Switzerland’s new regional policy is well positioned, given that it is orientated towards competitiveness and towards added value in the Confederation’s regions.
	Germany, Austria Revise DTA 1/24/2011 Germany and Austria have recently signed in Berlin a protocol revising the existing bilateral double taxation agreement in place between the two countries, implementing the Organization for Economic Cooperation and Development’s standard on transparency and effective information exchange in tax matters.
	Switzerland Launches Consultation On New Tax Act 1/14/2011 Switzerland’s Federal Council has recently submitted a draft of the new Tax Administrative Assistance Act for consultation, setting out precisely how administrative assistance in tax matters is to be implemented.
	Mauritius, UK, Sign Revised DTA 1/13/2011 Mauritian Finance Minister Pravind Jugnauth and Britain’s High Commissioner in Mauritius Nick Leake have recently signed a protocol amending the existing bilateral double taxation agreement in place between the two countries.
	Liechtenstein Concludes Multiple TIEAs 12/17/2010 Liechtenstein’s government has recently approved tax agreements in accordance with the Organization for Economic Cooperation and Development’s model convention with the Nordic States: Norway, Sweden, Finland, Denmark, Iceland, the Faroe Islands, and Greenland.
	Swiss, Austrian DTA Revisions Soon Enter Into Force 12/8/2010 The Swiss Federal Administration has announced that the protocol amending the double taxation agreement between Switzerland and Austria will enter into force on March 1, 2011.
	Swiss, Denmark DTA Amendments In Force 12/3/2010 The Swiss Federal Administration has announced that the protocol amending the double taxation agreement between Switzerland and Denmark has now entered into force.
	German Court Permits Use Of Stolen Tax CDs 12/3/2010 Following months of controversy, Germany’s Federal Constitutional Court has finally permitted the use of tax information contained on data discs for criminal prosecutions, and has published details of its ruling accordingly.
	Revised Swiss, Luxembourg DTA In Force 12/2/2010 The Swiss Federal Administration has announced that the additional agreement amending the bilateral double taxation agreement in place between Switzerland and Luxembourg has now entered into force.
	Slovakia Urged To Widen Tax Base 12/1/2010 A new report by the Organization for Economic Cooperation and Development says that the global recession affected the Slovak economy to a greater extent than most other OECD countries.
	Switzerland, Romania Initial Revised DTA 11/18/2010 Switzerland and Romania have concluded negotiations on revising the existing bilateral double taxation agreement in place between the two countries, and have initialled the revised agreement, which contains an administrative assistance clause in accordance with the Organization for Economic Cooperation and Development’s standard.
	OECD Publishes Report On Irish Regulation 11/10/2010 The Irish Prime Minister, Brian Cowen has welcomed the publication of a recent report from the Organisation for Economic Cooperation and Development on the operation of Better Regulation initiatives in Ireland.