Tag Archives: OECD

OECD Issues Mandatory Disclosure Rules to Combat CRS Avoidance and Offshore Structures

In December, the OECD issued a public consultation document, requiring mandatory disclosure rules to combat CRS avoidance and offshore structures. Comments are due January 15, 2018. The consultation document is prepared in response to the Bari Declaration, issued by the … Continue reading

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New OECD Study Quantifies Crucial Role of Businesses in the Tax System

A new study by the Organisation for Economic Co-operation and Development (OECD) that compares the key role of businesses in the tax systems of member countries finds that U.S. businesses rank highest for taxes remitted on behalf of other taxpayers … Continue reading

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OECD Global Forum on Tax Transparency Highlights Enforcement Initiatives in Annual Report

On December 20, 2017, the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes issued its annual report. It noted the fact that 50 jurisdictions have committed to starting Automatic Exchange of Information in September 2017 pursuant to the … Continue reading

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House Democrats Urge SEC to Quickly Finish Dodd-Frank Conflict Minerals Regulations and Use OECD Due Diligence Guidelindes

In a letter to SEC Chair Mary Schapiro, four prominent House Democrats, including Rep. Barney Frank (D-MASS) urged the SEC to quickly complete the conflict minerals regulations implementing Section 1502 of the Dodd-Frank Act. The letter also said that the … Continue reading

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SEC Proposed Regulations on Conflict Minerals Disclosure Reference OECD Due Diligence Guidelines

SEC proposed regulations implementing the Dodd-Frank Act conflict minerals provisions reference the due diligence guidelines issued by the OECD, which set forth a flexible five-step risk-based approach. The proposed regulations would require companies for which conflict minerals are necessary to … Continue reading

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