India – OECD Secretary-General Tax Report to G20 – February 2023

India – OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors – February 2023

Key points covered in the report

1.      Two-Pillar International Tax Package

·      Pillor one

·      Pillior two

·      Impact assessment

2.      Tax and Development

·      OECD/United Nations Development Programme (UNDP) Tax Inspectors Without Borders

·      Global Forum on Transparency and Exchange of Information for Tax Purposes

·      Automatic Exchange of Information

·      Exchange of Information on Request

·      Crypto-Asset Reporting and the updated Common Reporting Standard for automatic exchange of information

·      Assisting Global Forum members through capacity building and regional initiatives

·      Regional initiatives

·      Facilitating the adoption and implementation of AEOI by developing jurisdictions

·      A whole of government approach to tackling tax crimes and other financial crimes: sharing information for non-tax purposes

·      Training activities

3.      Tax and Crime

4.      BEPS Project Implementation

·      Action 5 on Harmful Tax Practices

·      Action 13 on CbC reporting

·      Action 14 on Mutual Agreement Procedure

5.      Inclusive Forum on Carbon Mitigation Approaches

For detailed reading – https://www.oecd.org/g20/topics/international-taxation/oecd-secretary-general-tax-report-g20-finance-ministers-india-february-2023.pdf