On 5 October 2015, the Organisation for Economic Co-operation and Development (OECD) released its deliverable on Base Erosion and Profit Shifting (BEPS) Action 14: 2015 Final Report, Making Dispute Resolution Mechanisms More Effective (the Report).
According to the Report, countries will commit to develop a minimum standard in the context of treaty-related disputes and will ensure effective and efficient implementation of this standard through the establishment of a peer-based monitoring process.
Paying Taxes 2016 -The global picture continues to be a unique study which investigates and compares tax regimes across 189 economies worldwide, ranking them according to the relative ease of paying taxes. As in previous years, the report is expected to be a catalyst for some interesting debate on tax systems and reform with governments, businesses and tax authorities around the world. This year marks the 10th edition of the publication and we look at some of the key developments that have occurred in tax systems over that period.