The OECD has published its second annual report containing the results of peer reviews on implementation of minimum standards for the exchange of information on tax rulings, in accordance with BEPS Action 5.
The OECD has published its second annual report containing the results of peer reviews on implementation of minimum standards for the exchange of information on tax rulings, in accordance with BEPS Action 5.
The report contains 60 jurisdiction-specific recommendations on issues such as improving the timeliness of the exchange of information and ensuring that exchanges of information are made with respect to preferential tax regimes applying to income from intellectual property.
The OECD’s inclusive framework on BEPS has now assessed 92 individual jurisdictions, with 60% of the recommendations made in the first annual report being successfully addressed. See bit.ly/2SZGPpO.
In December, Malta and Singapore signed the ‘Multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting’ (MLI). The MLI will enter into force for both countries on 1 April 2019.
Cabo Verde and the Cook Islands have become the 124th and 125th jurisdictions respectively to join the BEPS inclusive framework, allowing them to work together on an equal footing with other OECD and G20 countries.
The OECD has published its second annual report containing the results of peer reviews on implementation of minimum standards for the exchange of information on tax rulings, in accordance with BEPS Action 5.
The OECD has published its second annual report containing the results of peer reviews on implementation of minimum standards for the exchange of information on tax rulings, in accordance with BEPS Action 5.
The report contains 60 jurisdiction-specific recommendations on issues such as improving the timeliness of the exchange of information and ensuring that exchanges of information are made with respect to preferential tax regimes applying to income from intellectual property.
The OECD’s inclusive framework on BEPS has now assessed 92 individual jurisdictions, with 60% of the recommendations made in the first annual report being successfully addressed. See bit.ly/2SZGPpO.
In December, Malta and Singapore signed the ‘Multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting’ (MLI). The MLI will enter into force for both countries on 1 April 2019.
Cabo Verde and the Cook Islands have become the 124th and 125th jurisdictions respectively to join the BEPS inclusive framework, allowing them to work together on an equal footing with other OECD and G20 countries.
