OECD

OECD

Provides economic data and policy analysis

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OECD analyzes and shares economic data and policy insights to help governments, academics, and private sector actors make informed decisions. It compiles and maintains statistical databases, performs country comparisons, and issues policy recommendations that users can access through its databases, reports, and customized services. Its products work by gathering data from member and partner countries, standardizing and presenting it in easy-to-use formats, and providing analytic reports and customized databases or services for specific needs. Compared with others, OECD relies on a broad, international membership base and standardized, comparable datasets to offer trusted benchmarks and policy guidance across many economies, rather than focusing on one country or a single sector. Its goal is to support economic planning and policy design worldwide by delivering reliable data, rigorous analysis, and actionable recommendations.

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What believers are saying

  • OECD launched MAGIC publicly on June 1, 2026, widening demand for its data.
  • HAIP v2.0 launched June 2, 2026, with 50-plus companies pledging reporting.
  • India's 2026 CARF alignment and 2027 filings expand OECD's crypto transparency footprint.

What critics are saying

  • Member-state consensus slows action; rival blocs will bypass OECD standards during 2026-2027.
  • CARF rollout depends on national tax agencies; weak implementation breaks cross-border crypto reporting.
  • If governments ignore OECD findings on subsidies and AI, its influence becomes advisory theater.

What makes OECD unique

  • OECD sets global statistical standards governments actually use for taxes, AI, and subsidies.
  • Its 2026 MAGIC database tracks 525 firms across 15 industries, uniquely at firm level.
  • The OECD convenes 38 member states and 100-plus partners around shared policy rules.

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Business Standard
Jul 27th, 2026
CBDT's crypto asset tax reporting: What it means for exchanges, investors.

CBDT's crypto asset tax reporting: What it means for exchanges, investors. "When regulated service providers follow consistent reporting standards, it becomes more difficult to underreport or conceal taxable crypto transactions through compliant platforms. This ultimately benefits responsible investors, compliant exchanges, and regulators by fostering greater transparency and trust in the ecosystem," said Vimal Sagar Tiwari, cofounder, CoinSwitch. In the foreword to the guidance note, CBDT Chairman Ravi Agrawal said the rapid growth of crypto assets had created a fresh challenge for tax administrations. Because these assets can be issued, held, and transferred outside the traditional financial system and across national borders, and they may escape the reporting obligations applicable to financial institutions under the Common Reporting Standard and the Foreign Account Tax Compliance Act. Recognising this risk, the Group of Twenty (G20) mandated the Organisation for Economic Cooperation and Development (OECD) to develop Carf as a dedicated framework for automatic exchange of information on crypto assets, he said.

CryptoTimes
Jul 26th, 2026
Indian crypto investors get relief: CBDT shifts tax reporting to exchanges.

Indian crypto investors get relief: CBDT shifts tax reporting to exchanges. India's Central Board of Direct Taxes (CBDT) has aligned the country with the Organisation for Economic Co-operation and Development's (OECD) Crypto-Asset Reporting Framework (CARF), shifting crypto transaction reporting to Reporting Crypto-Asset Service Providers (RCASPs) instead of individual investors. Published 3 hours ago The Central Board of Direct Taxes (CBDT) has released a comprehensive guidance note laying out how Indian crypto platforms and foreign exchanges catering to Indian users must report transactions and taxes under the Income-tax Rules, 2026. The document does not introduce a new tax, but it operationalises reporting obligations under Section 509 of the Income-tax Act, 2025, placing the primary compliance burden on Reporting Crypto-Asset Service Providers (RCASPs) rather than individual investors. The guidance note also formalises India's alignment with the Organisation for Economic Co-operation and Development's Crypto-Asset Reporting Framework (CARF), a global tax transparency standard that involves over 50 participating jurisdictions. AI Summary India's crypto tax reporting begins in 2026, with first filings due in 2027, aligning with the OECD's Crypto-Asset Reporting Framework timeline. What the guidance actually says. According to the CBDT, the note provides operational clarity to RCASPs for compliance with reporting obligations under Section 509 of the Income-tax Act, 2025, and Rules 241 to 244 read with Form 167 of the Income-tax Rules, 2026. The Board has clarified that the document is not a regulation on the legitimacy or permissibility of crypto transactions themselves, and cited the OECD's Commentary on CARF as reference material for reporting entities. Reporting is expected to begin for transactions occurring in calendar year 2026, with the first filings due in 2027. This matches the broader CARF rollout timeline that India has been building toward through successive rule changes over the past year. Exchanges will need to strengthen KYC, tax residency identification, and transaction reporting systems to meet the standard. This follows the new penalties introduced during the Union Budget in February 2026, where the government set daily fines of Rs 200 for failure to file and Rs 50,000 for inaccurate reporting. Reporting burden shifts to exchanges, not individuals. The most significant clarification in the guidance concerns who is responsible for reporting. Individual crypto users will not be required to report the taxes on their own transactions. The compliance burden falls on their exchanges or service providers. The guidelines further specify that crypto service providers should not treat a "crypto asset user" as an individual user if the account or benefits accrue to another individual or entity acting as an agent, custodian, nominee, signatory, investment advisor, or intermediary. In such cases, the individual or entity on whose behalf the crypto asset user relationship is in place should be treated as the actual crypto asset user, and identification must be carried out on that basis. Reportable Retail Payment transactions. Another important clarification deals with merchant payments made in crypto. When a crypto service provider transfers payments made in crypto assets from a customer to a merchant for a value greater than $50,000, and acts as an agent for the customer, it must report such transfer as a "Reportable Retail Payment Transaction." Where the service provider is acting as an agent of the merchant, the transfer will be reported as such and not as a retail transaction. In this case, the customer of the merchant becomes the crypto asset user whose transaction gets reported for taxation. The guidance further notes that, with respect to such transfers, the RCASP is required to also treat the customer of the merchant as the Crypto-Asset User and report the transaction as a Reportable Retail Payment Transaction with respect to the customer. Cross-Border ownership and the hierarchy of nexus. The guidance also sharpens oversight for cross-border cases. Where multiple crypto service providers of various jurisdictions are involved, or where an RCASP is incorporated in one country and operates in another, the IT Rules have created a "hierarchy of nexus" set of rules. According to the note, when there are multiple jurisdictions where a nexus exists that are both partner jurisdictions, the jurisdiction with the strongest link should be considered the primary jurisdiction for reporting purposes. In practical terms, a nexus higher on the list represents a stronger link than one lower on it, ensuring that a single transaction is not double-reported or lost between two overlapping regimes. Industry voices and CBDT position. Ravi Gupta, Chairman, CBDT, said, "India's commitment to combating tax evasion and protecting its revenue base has remained steadfast. The rapid growth of crypto-assets, however, brought with it a fresh challenge. Assets that can be issued, held and transferred outside the traditional financial system, across national borders, and may escape the reporting obligations applicable to financial institutions under the CRS (Common Reporting Standard) & FATCA (Foreign Account Tax Compliance Act)." Gupta added that recognising this risk, the G20 mandated the OECD to develop a dedicated CARF framework that would allow automatic exchange of information on crypto assets. He said the Automatic Exchange of Information, first under FATCA and subsequently under the Common Reporting Standard, has given tax administrations across the world an effective means of addressing offshore tax evasion and safeguarding their tax bases. Punit Agarwal, Founder of KoinX, said, "CARF marks the beginning of the end for 'hidden' crypto wealth across borders. While it doesn't introduce a new tax, it fundamentally changes how tax authorities access crypto information. Over the next few years, crypto will become as transparent to tax authorities as traditional financial accounts." Vimal Sagar Tiwari, Co-Founder, CoinSwitch, said the guidance note provides much-needed operational clarity on how crypto service providers can meet their reporting obligations under the Income Tax Act. He described the operationalisation of the CARF as an important milestone that aligns India with evolving global standards on tax transparency. According to Tiwari, a standardised reporting framework helps strengthen the integrity of the crypto ecosystem by creating a more level playing field, making it more difficult to underreport or conceal taxable crypto transactions through compliant platforms. Edul Patel, CEO, Mudrex, called the note a significant step towards building a more transparent and credible digital asset ecosystem in India. He said that by aligning reporting standards with CARF, India is bringing crypto assets into a structured financial reporting framework without changing the existing tax regime. Patel added that while the guidance note is focused on tax reporting rather than regulation, it lays an important foundation for a broader policy framework, and as reporting standards become more robust, policymakers will be better positioned to develop balanced regulations. Context and background. The guidance note follows the Parliamentary Standing Committee on Finance's recent recommendation that the government examine the need for a statutory and regulatory framework for Virtual Digital Assets (VDAs). It also builds on the CBDT's March 5, 2026 notification, which amended Rules 114F, 114G and 114H of the Income-tax Rules to formally classify crypto assets, Central Bank Digital Currencies (CBDCs), and specified electronic money products as financial assets for FATCA and CRS reporting, with retroactive effect from January 1, 2026. India has committed to begin cross-border crypto data exchange under CARF from April 2027, joining a coalition of jurisdictions that have signed on to the OECD's framework. The overall reporting architecture requires RCASPs in participating jurisdictions to collect due diligence information on account holders, report relevant transactions to their domestic tax authority, and rely on the tax authorities to exchange that data with peer jurisdictions under a Multilateral Competent Authority Agreement. The move comes against the backdrop of an ongoing debate over crypto regulation in India, with the Reserve Bank of India pushing for tighter containment measures, the CBDT flagging tax evasion risks tied to peer-to-peer and offshore transactions, and industry bodies continuing to press for relief from the 30% flat tax and 1% TDS regime. Roughly 72.7% of India's crypto trading volume has already migrated to offshore platforms, and derivatives now account for over 80% of domestic exchange volumes, a shift industry participants attribute directly to the current tax structure. While the guidance note does not resolve the larger regulatory question, it closes a significant operational gap for exchanges and gives investors greater visibility into how their transactions will be reported both at home and internationally in the years ahead. Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions. Discover more Distributed & Cloud Computing

Regional Cooperation Council
Jul 18th, 2026
Kapetanović concludes US visit with calls for stronger partnerships and sustained engagement with South East Europe.

Kapetanović concludes US visit with calls for stronger partnerships and sustained engagement with South East Europe. 18 July 2026 RCC Secretary General holds meetings and takes part in high-level discussions in New York and Washington. Sarajevo/New York/Washington - Regional Cooperation Council (RCC) Secretary General Amer Kapetanović concluded a working visit to the United States of America this week, holding a series of meetings and taking part in discussions focused on sustainable development, regional cooperation and stronger international partnerships for South East Europe. In New York, Kapetanović participated in the Organisation for Economic Co-operation and Development (OECD) event "Bridging the Gaps to Accelerate the SDGs: Policy Coherence across Water, Energy, Industry and Cities", co-organised by the OECD, Spain, Italy and Romania and held during the 2026 United Nations High-Level Political Forum on Sustainable Development. Presenting a regional perspective on how successful solutions can be scaled up and translated into action, he highlighted the South East Europe 2030 Strategy as the region's common framework for implementing the Sustainable Development Goals through shared priorities, regional ownership and accountability. "South East Europe has shown that regional cooperation can turn common challenges into practical solutions, but lasting progress requires strong and sustained partnerships. Our region needs international engagement that supports regional ownership, strengthens resilience and helps us deliver tangible benefits to people and economies. The United States remains an important partner in this effort, and our discussions in New York and Washington confirmed that there is considerable scope to deepen that cooperation," said Kapetanović. On the margins of the New York meetings, the RCC Secretary General met OECD Deputy Secretary-General František Ružička to discuss expanding cooperation between the two organisations. Building on their successful work on sustainable foreign direct investment, the talks focused on inclusive growth, private-sector engagement, development financing and human capital. The RCC and OECD teams will continue consultations aimed at identifying concrete areas for future joint action. The visit continued in Washington, where Kapetanović addressed a discussion hosted by the Woodrow Wilson International Center for Scholars and moderated by Ambassador Philip Reeker, Distinguished Fellow at the Wilson Center. Speaking to representatives of the diplomatic and policy community in Washington, D.C., Kapetanović presented the RCC's development and mandate, its role in advancing regional cooperation and the organisation's current priorities. He also reflected on the key challenges facing South East Europe and the importance of continued transatlantic engagement with the region. The discussion was followed by an exchange with participants on the region's European perspective, economic and social development, security and resilience, as well as the value of regional frameworks in translating political commitments into coordinated implementation. Kapetanović stressed that stronger cooperation with partners in the United States can support a more stable, connected and prosperous South East Europe.

Ethical Marketing News
Jul 17th, 2026
CATF announces Steering Committee to guide global fusion materials database MatDB4Fusion.

CATF announces Steering Committee to guide global fusion materials database MatDB4Fusion. Clean Air Task Force (CATF) have announced the formation of the Steering Committee for the International Working Group on Materials Database for Fusion (IWG MatDB4Fusion), a global initiative designed to accelerate fusion energy development through improved access to high-quality, standardized materials data. MatDB4Fusion is a comprehensive, quality-controlled database for materials used in the fusion energy sector. It provides a centralised platform to share, access, and analyse the physical, thermomechanical, and chemical properties of materials relevant to fusion device design. This includes fusion-specific properties such as neutron irradiation effects, transmutation, plasma-material interactions, and other behaviors critical to the performance and safety of future fusion systems. "Establishing the Steering Committee marks a critical milestone in building the MatDB4Fusion platform as a truly integrated, cross-sector effort," said Sehila Gonzalez de Vicente, Global Director, Fusion at CATF. "By structuring and standardizing access to fusion materials data, we can unlock the application of advanced AI tools and accelerate the discovery and qualification of materials essential for fusion energy commercialization." CATF, through its leadership within the International Working Group on Materials Database for Fusion and in partnership with the Organisation for Economic Co-operation and Development's Nuclear Energy Agency (OECD-NEA) as the international database host, launched MatDB4Fusion to empower the global fusion community with the data needed to design the next generation of fusion power plants. "The success of commercial fusion power depends on the availability of structural materials capable of withstanding fusion's extreme operating conditions," said Dr. Arun Bhattacharya, Co-Director of the Fusion Engineering Centre for Doctoral Training and Deputy Head of Research at the University of Birmingham. "MatDB4Fusion will play a vital role in accelerating materials development and qualification by providing critical data to both private fusion companies and government programmes." The newly established Steering Committee will provide strategic oversight and governance for MatDB4Fusion, ensuring it evolves in line with global fusion research priorities while maintaining rigorous data quality and integrity standards. The committee brings together experts from public institutions, private industry, non-governmental organizations, and independent research communities, reflecting the broad coalition required to advance fusion energy. "The global fusion materials database from Clean Air Task Force provides a key opportunity to pool crucial knowledge of fusion materials, and accelerate the development of new solutions for all," said Richard Buttery, Director at DIII-D National Fusion Facility. "We are delighted to be supporting this with key data from DIII-D National Fusion Facility." Members of the Steering Committee include: * Andrew Sowder, Electric Power Research Institute (EPRI) * Arunodaya Bhattacharya, Univ. of Birmingham * Cory Hamelin, UK Atomic Energy Authority (UKAEA) * Dirk Radloff, Karlsruhe Institute of Technology (KIT) * Giacomo Aiello, EUROfusion * Gregory Sinclair, General Atomics * Jan Coenen, Forschungszentrum Jülich (FZJ) * Jim Pickles, Tokamak Energy * Thomas Davis, Oxford Sigma * Trevor Clark, Commonwealth Fusion Systems * Sehila Gonzalez de Vicente, CATF Secretary: * Philipp Lied, CATF / FusionCatalyst Permanent Observers: * Mark Gilbert, UK Atomic Energy Authority (UKAEA) * John Echols, US Department of Energy (DOE) The Steering Committee will convene for its inaugural meeting in the coming months, where members will finalize operational guidelines, review the current work plan, and begin establishing the Technical Advisory Group.

Australian Institute of International Affairs
Jul 17th, 2026
Evidence v. Urgency: the OECD's challenge of Gender Equality in the age of artificial intelligence.

Evidence v. Urgency: the OECD's challenge of Gender Equality in the age of artificial intelligence. By Professor Ramona Vijeyarasa The Organisation for Economic Co-operation and Development (OECD) recently hosted its second biennial Forum on Gender Equality. While the inaugural forum in 2024 examined the impact of the green, energy and digital transitions on women, this year's meeting focused squarely on technology. The shift reflects growing concern about AI-driven decision-making in employment and healthcare, the proliferation of deepfakes and other forms of technology-facilitated gender-based violence (TF-GBV) and the broader implications of these developments for gender equality. It would be fair to question whether this multilateral forum could move beyond its optimistically titled two-day meeting - "harnessing the digital transformation for all". Governments globally are trying to respond to the challenges posed by AI, yet technology continues to evolve faster than policymaking itself. As Stéphanie Lachat, Co-Director of Switzerland's Federal Office for Gender Equality observed, regulating technology can feel like trying to catch a train that has already left the station. The challenge posed by AI for gender equality is not technological alone. It is a test of whether law and regulation can keep pace with innovation. The Regulatory Dilemma The first notable takeaway is the difficulty for governments to manage AI's risks while capturing its benefits. Many equality ministers highlighted the potential of AI-enabled public services and how women entrepreneurs are drivers of digital innovation. France is using AI to detect discrimination in public-sector job advertisements; Norway is paying newspapers for access to their texts to develop Norwegian and Sámi language models; while Canada is investing in Tulong AI, a Filipino-Canadian collaboration to create more culturally intelligent systems using multilingual and cultural data. AI is also enabling faster healthcare decision-making in relation to cardiovascular disease and breast cancer detection and creating new opportunities for women-led businesses. Yet governments appeared just as conscious of the need to regulate against AI's harms - though less certain how. Digital violence against women remains widespread, limiting women's participation online. Women in politics are particularly exposed to TF-GBV, defined by the United Nations as any act committed, assisted, aggravated or amplified through the use of technology. Parents are also increasingly burdened with keeping children safe online, an issue particularly felt by women who continue to bear the greater responsibility for care. These challenges are unfolding at a moment when faith in the steady march of gender equality is beginning to waver. As French Minister for Equality between Women and Men and the Fight against Discrimination Aurore Bergé warned, digital violence is "an organised discourse" that risks destabilising not only women's rights but democratic institutions themselves. TF-GBV was repeatedly framed as more than a women's issue. When women are driven from public life due to online violence, its democracies become less representative - and everyone loses. The Race to Regulate Many countries want to be seen at the forefront of regulation. The second risk emerging from the Forum is that laws are rushed, replicated and celebrated before there is evidence they work. Australia was notably absent from the room, despite its proposed digital duty of care and Prime Minister Albanese's newly-announced plans for an AI framework for Australia. The absence was also surprising given the joint statement issued in June by Foreign Minister Penny Wong and UK Foreign Secretary Yvette Cooper committing to combat gender-based violence online and offline. Communications Minister Anika Wells delivered a pre-recorded address highlighting Australia's social media ban for under-16s and the parental concerns that drove it. Yet the policy is already attracting international scrutiny amid emerging evidence that it is not achieving its intended effect. Against that backdrop, it was concerning to hear France - a country that seemed keen to lead the race to regulate - pursuing a social media ban for under-15s (if it can do so while complying with the EU's Digital Services Act), alongside similar proposals by the United Kingdom, Finland and Germany. By contrast, Ireland, Poland and the Slovak Republic appeared content to learn from developments elsewhere. South Korea sits somewhere in between, with ambitious policies and a newly-announced Inter-Agency Department on AI-related crimes, but gaps that still hinder the realisation of their benefits. A recurring theme throughout the forum was that responsibility for online safety cannot rest primarily with parents and young people. Whether Australia's social media ban achieves that objective remains open to question. If governments are serious about reducing online harms, accountability must be pushed back onto the platforms themselves - the very actors who were largely absent from the Paris debates. Rethinking the Narrative In this regulatory environment, both law and policy require a different narrative. UNESCO Deputy Director-General Åsa Regnér balked at the fact that women are powerhouses, yet International Affairs remain stuck in conversations about training women to use AI. The conversation clearly demands more nuance. While raised as an issue, according to OECD data, the gender gap in AI use is just 4.2 per cent. The much larger divide is generational: 53.6 per cent separates users aged 55-74 from those aged 16-24. This raises a question for regulators: how well do often much older policymakers understand the behaviours and attitudes of the young people whose digital lives they seek to govern? The same is true of men and masculinities. As Kevin McCarthy, Ireland's Secretary General of the Department of Children, Disability and Equality observed, International Affairs cannot speak only of toxic masculinity or view men and boys solely as perpetrators. Nor should International Affairs assume that the answer lies simply in promoting more positive forms of masculinity. Doing so requires recognising the broader context in which many young men live today. War, economic uncertainty and social change can increase vulnerability to provocative, divisive and emotionally charged content. Gender equality cannot be achieved by speaking only to women, nor by treating men and boys solely as part of the problem. Effective regulation must address harmful behaviours and content, but it must also reckon with the social and economic anxieties that make some young men susceptible to them in the first place. Where to Next? There is much to do: retain women in Information Communications Technology, ensure their experiences shape policy design and learn from what works rather than repeating mistakes. However, much of the discussion focused on adaptation - how women need to develop new skills and how International Affairs help parents keep children safe online. Less attention was paid to accountability: how governments can regulate the companies that design, deploy and profit from technologies that can deepen existing inequalities. Recent history suggests technology companies rarely act beyond what is required of them. International Affairs cannot build an intelligent future that is also an equal one without placing greater responsibility on those who design, deploy and profit from these technologies. Legislation must create incentives for good practice, regulate design where necessary and be backed by meaningful enforcement. Otherwise, International Affairs risk mistaking regulation for progress - and papering over a profound challenge with little more than legalese. Professor Ramona Vijeyarasa is the inaugural Chair in Gender and the Law at the University of Technology Sydney. A leading expert on gender and legal systems, she pioneered the Gender Legislative Index, a ground-breaking human driven, machine learning enabled tool that assesses the gender-responsiveness of legislation. Prof. Vijeyarasa's attendance at the OECD Gender Equality Forum was enabled by generous funding received by the Minderoo Foundation.

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