G20 News
OECD Reports Solid Progress On BEPS Action 5 And 14
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, February 16, 2022
The OECD/G20 Inclusive Framework on BEPS has published the outcome of more reviews into territories' preferential tax regimes and on tax dispute resolution through the Mutual Agreement Procedure. Read Full Story
EU To Table A Digital Tax Proposal In October
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 15, 2021
The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the world's largest firms. Read Full Story
BVI Says New Global Tax Rules Should Appreciate Offshore IFCs
by Jason Gorringe, Tax-News.com, London
Friday, August 6, 2021
The British Virgin Islands Government has released a statement expressing concerns on the proposals being discussed by the OECD to establish modernized rules for the digitalized economy, including a minimum global corporate tax rate. Read Full Story
Countries Discuss Post-Pandemic Tax Agenda At UN Council Meeting
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, May 12, 2021
Experts speaking at the UN's Economic and Social Council's annual Special Meeting on International Cooperation in Tax Matters concluded that the international community must do more to tackle tax base erosion and profit shifting and offshore tax evasion. Read Full Story
OECD Completes Phase One BEPS Action 14 Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Monday, February 22, 2021
Burkina Faso Ratifies The BEPS MLI
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, November 10, 2020
African state Burkina Faso has ratified the BEPS multilateral instrument, to make changes to its double tax agreements to counter tax base erosion and profit shifting (BEPS). Read Full Story
Switzerland To Add Anti-BEPS Provisions To Two Treaties
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 9, 2020
On August 26, 2020, the Swiss Federal Council ratified a new double taxation agreement with Bahrain and a Protocol to revise its DTA with Kuwait. Read Full Story
German FM Scholz Optimistic About 2020 Digital Tax Consensus
by Ulrika Lomas, Tax-News.com, Brussels
Monday, August 31, 2020
German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year. Read Full Story
BEPS MLI Enters Into Force For Cyprus, Saudi Arabia
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, May 15, 2020
The BEPS multilateral convention entered into force for treaties signed by Cyprus and Saudi Arabia on May 1, 2020. Read Full Story
OECD Hints At Possible Digital Tax Work Delay
by Ulrika Lomas, Tax-News.com, Brussels
Friday, May 15, 2020
On May 4, 2020, the OECD held its Tax Talks webcast, to provide stakeholders with a full update on the OECD's work on taxation in the context of COVID-19. It hinted that progress towards a new international tax framework focusing on digital tax issues may be pushed forward. Read Full Story
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