The OECD and IMF have published an update to their 2017 report identifying practical approaches and solutions to sources of uncertainty in tax matters.
Ukraine has become the 83rd country to sign the OECD’s ‘Multilateral convention to implement tax treaty related measures to prevent BEPS’.
Following the UK’s ratification and deposit of the BEPS multilateral instrument (MLI) on 29 June, HMRC has published the final list of UK reservations and notifications.
The ‘platform for collaboration on tax’, a joint initiative of the IMF, OECD, UN and World Bank Group, has published for comment a revised version of its report on the taxation of offshore indirect transfers of assets.
The OECD’s global forum has published seven reports from the second round of peer reviews assessing compliance with the international standard on tax transparency and exchange of information on request.
The draft provisions contain a number of measures related to enforcement and HMRC powers. Jason Collins (Pinsent Masons) takes a look.
The OECD has launched a new database providing detailed tax revenue data for 80 countries, covering the period from 1990 onwards. This will expand to cover more than 90 countries by the end of 2018. The key indicators of the database are tax-to-GDP ratio and tax structure (i.e.
The new UK/Bermuda tax information exchange arrangement, signed in June 2017, entered into force on 27 June 2017.
The UK government signed new comprehensive double taxation agreements with Jersey, Guernsey and the Isle of Man on 2 July. The agreements will not enter into force until the territories have completed their respective parliamentary procedures and exchanged written notes.