The OECD has announced that the Platform for Collaboration on Tax is seeking public feedback on a draft toolkit designed to help developing countries tackle the complexities of taxing offshore indirect transfers of assets. The Platform is a joint initiative of the IMF, OECD, the UN, and the World Bank Group.
The draft toolkit examines the principles that should guide the taxation of indirect transfers in the countries where the underlying assets are located. It emphasizes extractive (and ot…