The Platform for Collaboration on Tax (PCT) released a Toolkit on the Taxation of Offshore Indirect Transfers (OIT) providing guidance on the design and implementation issues when one country seeks to tax gains on the sale of interests in an entity owning assets located in that country by an entity which is a tax resident in another country.

Once again, the Organisation for Economic Co-operation and Development (OECD) and the African Tax Administration Forum (ATAF) joined forces to deliver a virtual meeting, this time on Business Continuity Considerations in the context of the COVID-19 pandemic.The virtual meeting was held on Thursday, 28 May 2020, and served to share knowledge and experiences and discuss African country measures.

115 government officials from Russia, Belarus, Ukraine, Kazakhstan and Uzbekistan attended the PCT toolkit on "Addressing Difficulties in Accessing Comparable Data for Transfer Pricing Analyses"

The world’s four leading multilateral organizations working in the tax area have established their first integrated website containing information on how low- and middle-income countries can strengthen tax systems and mobilize the domestic revenue they need to address some of their urgent development challenges - including the COVID-19 pandemic.

The PCT Partners organized a virtual workshop on the Toolkit for Addressing Difficulties in Accessing Comparables Data for Transfer Pricing Studies on March 16-17, 2020.