Zambia has joined the international fight against tax evasion as 171st member – and 39th African member – of the Global Forum. Zambia is the sixth African country to join the Global Forum in the past eighteen months, following the Republic of the Congo…
tax news
Senegal commits to start automatic exchange of financial account information by 2025
Senegal has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by September 2025.
UK’s Tim Power elected new Chair of the OECD Committee on Fiscal Affairs
The OECD’s Committee on Fiscal Affairs (CFA) has elected Mr. Tim Power, Deputy Director for Business and International Tax in His Majesty’s Treasury of the United Kingdom, as the Chair of the Committee beginning on 18 December 2023. He replaces Mr. Gaë…
International tax reform: OECD/G20 Inclusive Framework releases new information on key aspects of the Two-Pillar Solution
Today, the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) released further technical guidance to assist governments with implementation of the global minimum tax under Pillar Two and a statement on the timeline of the Multilateral Conventio…
Countering harmful tax practices: Over 54 000 exchanges on tax rulings carried out among more than 130 jurisdictions under the BEPS Action 5 standard
Today, the OECD/G20 Inclusive Framework on BEPS released the latest peer review assessments for 131 jurisdictions in relation to the compulsory spontaneous exchange of information on tax rulings. This is the seventh annual peer review of the implementa…
Enhancing global collaboration is key in tackling tax crime in the digitalising economy
Over 120 experts on tax crimes and financial crimes, including the heads and senior officials of tax crime agencies from 46 jurisdictions, came together on 5-7 December for the Sixth OECD Forum on Tax and Crime in Rome, Italy.