The Republic of Moldova and Fiji are joining the OECD/G20 Inclusive Framework against base erosion and profit shifting (BEPS) and are joining international efforts to combat tax evasion, according to an announcement by the OECD on Tuesday 28 May.
This international collaboration, which includes more than 145 member countries and jurisdictions, is committed to improving the coherence of international tax rules and ensuring a more transparent tax environment. The two countries are also committed to tackling the tax challenges arising from the digitalisation of the economy, by participating in the ‘Two-Pillar Solution’ (see EUROPE 13417/20) to reform international tax rules and ensure that multinational enterprises pay a fair share of tax wherever they operate.
Fiji is currently on the EU’s ‘black list’ of uncooperative jurisdictions for tax purposes (see EUROPE 13354/23) along with eleven other jurisdictions. The update of this list, which is scheduled for October 2024, should take this new development into account.
Moldova has signed an association agreement with the EU to implement the principles of good governance in the tax area and to strengthen cooperation between tax administrations. (Original version in French by Anne Damiani)