OECD News

Hong Kong has launched a public consultation on adopting the OECD’s crypto account tax data sharing program, CARF, and revising its tax reporting standards.

Cayman foundation registrations increase by 70% year-on-year as DAOs seek legal wrappers, with CARF rules set to arrive in 2026.

The OECD’s policy paper highlights AI’s potential to reshape G7 tourism, enhancing sustainability and visitor experiences while addressing risks.

Canada is aiming to have the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 other countries.

Former Representative Sean Patrick Maloney reportedly sent a letter to Senator Elizabeth Warren claiming he would recuse himself from crypto-related policy decisions at the OECD.

The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities.

The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment.

The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13.

According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards.

The G20, OECD and other international agencies are set to implement a multilateral approach to tax policy to achieve sustainability goals.

Sustainability and the need to lessen climate change amid the COVID-19 pandemic have become the global economic agenda.

The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year.

A new WEF report touts blockchain technology as a cornerstone of environmental sustainability.

The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets.

The three-year old Common Reporting Standard is uncovering offshore assets on a massive scale, highlighting cryptocurrencies as a potential alternative.