The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that promotes better economic policies, is planning to issue a tax reporting framework for crypto assets by 2021. In a report published early October 2020, the OECD said it is “advancing its work to design a tax reporting framework that will ensure tax transparency […]
Ireland awarded high OECD rating on tax transparency
Top ‘compliant’ rating given to Ireland, Norway and Mauritius Ireland has received one of the highest international ratings on tax transparency from the OECD. The organisation’s Global Forum on Transparency and Exchange of Information is part of the implementation of the common reporting standards in the wake of the global clampdown on multinational tax avoidance. […]
Argentina Turns To VAT To Fund Income Tax Cuts
Argentina reportedly is considering shifting the tax burden on VAT, to bring the country’s corporate tax rate down to a competitive level.Specific measures are expected to be tabled before lawmakers soon. It is anticipated that there could be a 10% cut to the corporate income tax rate, to bring it down to 25%, which would […]