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10 Dec 2024 à 05:00
Apps, Cloud & Digital
Generative Artificial Intelligence (AI) : impact on regional local jobs markets ?
Generative Artificial Intelligence (AI) will impact regional local job markets differently across OECD countries, exacerbating existing urban-rural income and productivity gaps as well as the digital divides between regions, according to a new OECD report. Job Creation and Local Economic Development 2024 finds that, following a decade of employment growth, over half of OECD regions had reached employment rates above 70% by 2023, with more...
07 Dec 2024 à 05:01
Politics & Economy
Economic Outlook: Global growth to remain resilient in 2025 and 2026 despite significant risks
The global economy is projected to remain resilient despite significant challenges, according to the OECD’s latest Economic Outlook. The Outlook projects global GDP growth of 3.3% in 2025, up from 3.2% in 2024, and 3.3% in 2026. Inflation in the OECD is expected to ease further, from 5.4% in 2024 to 3.8% in 2025 and 3.0% in 2026, supported by the still restrictive stance of...
30 Nov 2024 à 05:00
Tax
Focus on the OECD Secretary-General last Tax Report ...
This report sets out recent developments in international tax reform, including on the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy. It also covers progress made on the implementation of the BEPS minimum standards and tax transparency, as well as updates on tax policy, tax and inequality and tax administration. OECD (2024), OECD Secretary-General Tax Report to G20...
29 Nov 2024 à 05:00
Environment & Mobility
EU continues to be a global leader on sustainable finance
More than three years after the first transaction of our NextGenerationEU (NGEU) Green Bonds, the EU has issued more than €65 billion of NGEU Green Bonds, setting the EU on track to becoming the largest issuer of Green Bonds in the world. In line with the announcement of President von der Leyen in her State of the Union address of 2020, the European Commission will...
24 Nov 2024 à 05:00
Management & Organisation
Evaluation of the EU competition rules on technology transfer agreements
23 Nov 2024 à 05:00
Tax
OECD Tax Revenues Hold Steady Amid Rising Spending Pressures
The average level of tax revenues among OECD countries was largely unchanged in 2023 as governments sought to ease cost-of-living pressures amid growing spending challenges related to climate change and ageing populations, according to a new report released today.Revenue OECD (2024), Revenue Statistics 2024: Health Taxes in OECD Countries, OECD Publishing, Paris, https://doi.org/10.1787/c87a3da5-en. Revenue Statistics 2024 shows that the average tax-to-GDP ratio for OECD countries...
20 Nov 2024 à 05:00
Politics & Economy
Questions and Answers - Agreement on the EU Annual Budget 2025
An agreement was reached on 16 November between the European Parliament and the Council of the European Union on the EU’s annual budget for 2025 Here are some targeted questions and answers to help you understand the issues What are the priorities of the annual budget for 2025? How is the Mid-Term Revision of the MFF reflected in the annual budget for 2025? The budget...
15 Nov 2024 à 05:00
Environment & Mobility
Progress in national climate policy efforts remains insufficient to achieve 2030 targets
A significant gap in policy ambition exists between globally agreed temperature goals and the emissions reductions of national climate targets, according to a new report on countries covered by the OECD’s International Programme for Action on Climate (IPAC). OECD (2024), The Climate Action Monitor 2024, OECD Publishing, Paris, https://doi.org/10.1787/787786f6-en According to the 4th edition of the Climate Action Monitor, Nationally Determined Contributions (NDCs) currently commit...
27 Oct 2024 à 04:00
Politics & Economy
COP29: MEPs set out their vision ahead of this year’s global climate talks
26 Oct 2024 à 04:00
Politics & Economy
For co-ordinated approaches on climate action, carbon pricing, and policy spillovers
26 Oct 2024 à 04:00
Business & Law
Applying the European sustainability reporting standards
The European Commission is hosting a one-day seminar entitled ‘Supporting companies in applying the European sustainability reporting standards (ESRS)’ on 15 November 2024. The seminar will bring together experts and practitioners from Member State representations, business and trade associations, companies, consultancies, auditors and other stakeholders. Building on the Commission’s expert dialogue, held on 16 May 2024, the event will further explore the key challenges...
21 Oct 2024 à 04:01
Tax
Country-by-Country Reporting soon to become "public"
Belgium has introduced public Country-by-Country Reporting ("public CbCR") through the law of 8 January 2024 amending the Belgian Code of Companies and Associations with respect to the disclosure of income tax information by certain undertakings and branches (Dutch/ French) ("Law"), and as further set out in the Royal Decree of 18 April 2024 (Dutch/French). This new reporting legislation implements the EU Directive 2021/2101 as regards...
10 Oct 2024 à 06:00
Bank, Insurance & Finances
"Recovery Rooms" fraud : the FSMA sound the alarm
The FSMA is again warning the Belgian public against certain companies suspected of recovery room fraud. Recovery room fraud is a practice whereby fraudsters offer to help victims of investment fraud to obtain compensation for their losses or to recover their lost assets. Generally, the fraudsters contact their victims by phone or by e-mail. The FSMA has noted, however, that victims sometimes come into contact...
08 Oct 2024 à 04:00
Politics & Economy
Central bank losses: causes and consequences
Central banks globally have recently shifted from reporting profits to recording sizeable losses. This article looks at why these losses are occurring and their potential consequences. Can central banks continue to operate efficiently? What do these losses imply for state budgets?Article published in the Economic Review of 2024El Joueidi, S. / Vincent, E. / Wauters, J.Since 2019, Economic Review articles have been published...
07 Oct 2024 à 06:00
Tax
Tax policy evolving : point of view, by OECD
from crisis management towards long-term fiscal priorities A trend of decreased taxes on businesses and individuals during the pandemic and the subsequent inflationary period is now showing signs of deceleration and reversal, according to a new OECD report. Working with over 100 countries, the OECD is a global policy forum that promotes policies to preserve individual liberty and improve the economic and social well-being of...
30 Sep 2024 à 12:13
Accountancy
IFAC Releases Third Installment in Implementation Support Series for Small Firms on the IAASB's Quality Management Standards
Today, the International Federation of Accountants (IFAC) released the third and final installment in its three-part publication series to help small- and medium-sized practices (SMPs) implement the International Auditing and Assurance Standards Board’s (IAASB) suite of quality management standards. Installment Three: Monitoring and Remediation provides tips and guidance for the practical implementation of the monitoring and remediation of a firm’s system of quality management.Installment Three...
27 Sep 2024 à 06:00
Apps, Cloud & Digital
OECD and UN: a strategic alliance for a secure and éthical AI Future
Foster human-centred, safe, secure and trustworthy AI … Meeting on the margins of the Summit of the Future at United Nations (UN) headquarters in New York, Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Ulrik Vestergaard Knudsen and the UN Secretary-General’s Envoy on Technology, Under-Secretary-General Amandeep Singh Gill, announced a new enhanced collaboration between the UN and the OECD on global AI...
27 Sep 2024 à 06:00
Business & Law
Measures to ensure complete and timely transposition of EU directives
Commission takes action to ensure complete and timely transposition of EU Directives Belgium is thus singled ou in two process of transposing European directives > Corporate Sustainability Reporting Directive > procedures for renewable energy projectsRules The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. The...
22 Sep 2024 à 13:00
Politics & Economy