21 November, 2025; Port Moresby: Papua New Guinea is advancing its commitment to international standards through the implementation of the Automatic Exchange of Financial Account Information (AEOI) under the OECD’s Common Reporting Standard (CRS). This work is guided by the Global Forum on Tax Transparency and directly complements the Financial Action Task Force (FATF) recommendations. Why does this matter? The Global Forum promotes tax transparency to combat offshore tax eva

TAJ Executives and TADAT Assessors on day one of the December 1 - 12, 2025 visit Kingston, Jamaica — Tax Administration Jamaica (TAJ) has once again distinguished itself on the global stage, becoming the first tax administration worldwide to undergo a third Tax Administration Diagnostic Assessment Tool (TADAT) assessment . In a further demonstration of international confidence in Jamaica’s tax reform journey, TAJ was also invited to pilot the newly developed TADAT Field Guid

Singapore will implement the Simplified and Streamlined Approach (SSA), also known as Amount B, for pricing baseline marketing and distribution transactions on a pilot basis for three years starting from 1 January 2026. Amount B is an optional framework in the OECD Transfer Pricing Guidelines to simplify the application of the arm’s length principle for baseline marketing and distribution activities. Taxpayers can choose to apply the SSA on qualifying transactions where con

The World Bank, in collaboration with the African Tax Administration Forum (ATAF), concluded a successful in-country mission to support the development of an Automatic Exchange of Information (AEOI) system. The mission was a major step forward in strengthening Zambia’s tax transparency framework and aligning the country with global standards on the exchange of financial account information. During the visit, the joint team held extensive consultations with officials from th

At a time when the rising cost of living is of concern to many, the Canada Revenue Agency (CRA) has published an article on the importance of tax literacy as a contributor to Canadians’ financial success. The theme of Canada’s Financial Literacy Month 2025 was “Talk Money.” As part of this discussion, the CRA encouraged Canadians to improve their tax literacy to ensure they are aware of the tax credits and benefits to which they are entitled. You can read the CRA’s artic