Mar 4, 2010
The Organization of Economic Cooperation and Development (OECD) has announced that from March 2010 it will begin to monitor its member states’ implementation of the newly established Good Practice Guidance on Internal Controls, Ethics and Compliance, the most comprehensive international business anti-bribery guidelines ever released by the organization. On March 3rd the OECD announced that [...]
The Organization of Economic Cooperation and Development (OECD) has announced that from March 2010 it will begin to monitor its member states’ implementation of the newly established Good Practice Guidance on Internal Controls, Ethics and Compliance, the most comprehensive international business anti-bribery guidelines ever released by the organization.
On March 3rd the OECD announced that the 38 member-nations of the OECD's Anti-Bribery Convention will begin to monitor the progress of participating jurisdictions in encouraging international businesses to adapt the anti-bribery measures. The newly ... Read More
Dec 16, 2009
On December 15th, Chile was invited to become a member of the Organization of Economic Cooperation and Development (OECD). Chile will become the 31st member nation of the OECD, and only the second country in Latin America, after Mexico, being a member since 1994. In 2007 the OECD initiated accession negotiations with Chile, Estonia, Israel, [...]
On December 15th, Chile was invited to become a member of the Organization of Economic Cooperation and Development (OECD).
Chile will become the 31st member nation of the OECD, and only the second country in Latin America, after Mexico, being a member since 1994. In 2007 the OECD initiated accession negotiations with Chile, Estonia, Israel, the Russian Federation and Slovenia. So far, throughout the two years of negotiations and reviews by 20 OECD Committees, only Chile has fully met the organization's requirements ... Read More
Nov 25, 2009
The tax burden, calculated as a ratio of tax receipts to Gross Domestic Product (GDP), faced by member countries of the Organization for Economic Cooperation and Development (OECD) fell by 0.5% in 2008. According to the OECD’s “Revenue Statistics: 2009 Edition” report, published November 24th, the tax burden by its members has fallen as the [...]
The tax burden, calculated as a ratio of tax receipts to Gross Domestic Product (GDP), faced by member countries of the Organization for Economic Cooperation and Development (OECD) fell by 0.5% in 2008.
According to the OECD's "Revenue Statistics: 2009 Edition" report, published November 24th, the tax burden by its members has fallen as the worldwide financial crisis tolls global economies. The aggregate tax receipt-to-GDP ratio across the surveyed OECD nations in both 2007 and 2006 was 35.8%. Based on current provisional ... Read More
Nov 12, 2009
Liechtenstein has completed the necessary tax information agreements to be moved to the Organization for Economic Co-operation Development’s (OECD) “White List” of countries. It was reveled on November 11th by Klaus Tschütscher, Liechtenstein Prime Minister, that the nation will be considered as adequately complying with the G20′s and OECD’s efforts to combat international tax evasion. [...]
Liechtenstein has completed the necessary tax information agreements to be moved to the Organization for Economic Co-operation Development's (OECD) "White List" of countries.
It was reveled on November 11th by Klaus Tschütscher, Liechtenstein Prime Minister, that the nation will be considered as adequately complying with the G20's and OECD's efforts to combat international tax evasion. By signing Tax Information Exchange Agreements (TIEA) with Belgium and Netherlands, Liechtenstein has brought their total agreement number to the required minimum of twelve to be judged ... Read More
