OECD updates Model Tax Convention to reflect rise of cross-border remote work and clarify taxation of natural resources
OECD updates Model Tax Convention to reflect rise of cross-border remote work and clarify taxation of natural resources
The Organisation for Economic Co-operation and Development (OECD) has released its 2025 update to the Model Tax Convention, addressing the evolving landscape of cross-border remote work and natural resource taxation. This update comes as global work patterns continue to shift following the pandemic, with increasing numbers of employees working remotely across international borders.
The revised provisions provide clearer guidance on how to tax employment income when employees work in different jurisdictions than their employers. Additionally, the update includes more specific rules for the taxation of natural resources, aiming to prevent profit shifting and ensure fair taxation of extractive industries.
The changes reflect ongoing international efforts to create a more coherent tax framework in an increasingly digital and mobile global economy. The Model Tax Convention serves as a template for countries to negotiate bilateral tax treaties, making these updates particularly significant for international tax policy.
TaxReform #InternationalTax #RemoteWork #OECD #TaxPolicy #GlobalEconomy #NaturalResources
OECD appoints František Ruzicka and Yasushi Masaki as new Deputy Secretaries-General
In November 2025, the OECD has announced two key appointments to its leadership team. František Ruzicka and Yasushi Masaki have been appointed as Deputy Secretaries-General, effective immediately. These appointments strengthen the OECD's leadership as it addresses pressing global economic challenges.
Ruzicka brings extensive experience in international economic policy, having previously served in various senior roles within the European Union's economic governance framework. Masaki, a respected economist, has held numerous positions in Japan's Ministry of Finance and has been actively involved in OECD working groups for over a decade.
The appointments reflect the OECD's commitment to diverse leadership perspectives and geographic representation. Both Deputy Secretaries-General will play crucial roles in advancing the OECD's work program, which includes digital economy transformation, climate action, and inclusive growth initiatives.
Leadership #OECDAppointments #GlobalEconomy #InternationalOrganizations #EconomicPolicy #FrantisekRuzicka #YasushiMasaki
GDP growth shows a mixed picture across OECD countries in the third quarter of 2025
According to the OECD's latest quarterly economic outlook released in November 2025, GDP growth among member countries varied significantly in the third quarter of 2025. While some major economies showed resilience, others faced challenges from persistent inflationary pressures and supply chain disruptions.
The United States reported stronger-than-expected growth of 0.8% quarter-on-quarter, supported by robust consumer spending and accelerated infrastructure investments. In contrast, the Eurozone saw modest growth of 0.3%, with significant divergence between member states. Germany's economy contracted by 0.2%, while France grew by 0.5%.
Asian OECD members demonstrated mixed performance, with Japan posting growth of 0.4%, while Korea's economy expanded by 0.6%. Growth in emerging market economies remained uneven, with some commodity exporters benefiting from higher prices, while others faced continued difficulties.
The OECD noted that despite the varied performance, the global economy continues to recover from previous shocks, though the pace remains uneven and subject to significant risks, including geopolitical tensions and climate-related disruptions.
EconomicGrowth #GDP #OECD #GlobalEconomy #EconomicOutlook #Q32025 #InternationalMarkets
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