Australia Proposes New Crypto Tax Reporting Legislation
Australia has introduced draft legislation to implement the OECD's Crypto-Asset Reporting Framework, aiming to begin international tax data exchanges by 2028.

Australia has introduced draft legislation to implement the OECD's Crypto-Asset Reporting Framework, aiming to begin international tax data exchanges by 2028.

The OECD has downgraded Turkey's 2026 economic growth forecast to 2.7% due to regional conflict and rising commodity prices.

The OECD has slightly raised its 2026 global growth forecast to 2.9%, citing AI infrastructure investment as a buffer against energy supply shocks.

The US Treasury has introduced a safe harbor mechanism allowing multinational firms to bypass certain international tax rules by prioritizing domestic compliance.

A global OECD study of 760 000 students reveals that frequent or improper AI use often correlates with lower academic performance, though moderate, intentional use can be beneficial.

OECD governments are spending over $2 trillion annually on debt interest as borrowing costs hit 20-year highs and new debt issuance is projected to reach $18 trillion in 2026.
