• Register
Return to: Home > News > Regulation > OECD tax initiatives welcome new signatories

OECD tax initiatives welcome new signatories

Seven countries have join the OECD’s automatic Country-by-Country (CbC) reporting agreement.

Gabon, Hungary, Indonesia, Lithuania, Malta, Mauritius and the Russian Federation have signed the OECD’s Multilateral Competent Authority Agreement for Country-by-Country Reporting (CbC MCAA), bringing the total of signatories to 57.

The purpose of this agreement is that signatories can jointly and automatically exchange CbC reports with each other. This will help to ensure that tax administrations obtain a better understanding of how multinationals structure their operations.

In other OECD news, Thailand has joined the Global Forum on transparency and Exchange of Information for Tax Purposes (Global Forum).

Thailand has become the 139th member of the Global Forum which aims to ensure that all jurisdictions adhere to the same high standard of international cooperation in tax matters through monitoring and peer review process.

Top Content

    Brazil: regulation and technology form basis for recovery

    Opportunities in the capital markets and the ever-growing influence of technology are expected to have a significant impact on the Brazilian accounting profession over the next 12 months, writes Paul Golden.

    read more

    Mentoring support and the opportunity to delegate

    Jon Lisby will be known to many from his former role as CEO of Kreston International. Here, he explains the background to his new venture, Global Alliance Advisory Services (GAAS), and how he aims to offer support to alliance CEOs.

    read more

    Global by name, global by nature

    Stephen Heathcote became chief executive officer of PrimeGlobal on 1 June 2019. Robin Amlôt met him to discuss the various new challenges that he has taken on, and his ambitions for the association.

    read more

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more

    CORONAVIRUS TIMELINE: REACTIONS FROM THE ACCOUNTANCY PROFESSION

    As the Coronavirus (COVID-19) continues to spread across the world, the International Accounting Bulletin and The Accountant will be collating all the latest news and updates from the profession on the pandemic’s impact.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.