Tag: Organization for Economic Co-operation and Development
G-20 finance ministers back deterring use of tax havens
Top finance officials representing most of the world's economy have backed a sweeping revision of international taxation that includes a 15% global minimum corporate...
EXPLAINER: Deterring tax avoidance by global companies
Negotiators from 131 countries have agreed on a major overhaul of how the world’s biggest multinational companies are taxed. It's an effort to deter...
G20 ministers take up plan to deter cross-border tax dodging
Finance ministers from the Group of 20 countries will push for agreement on proposals backed by U.S. President Joe Biden to deter tax dodging...
EXPLAINER: Deterring tax avoidance by global companies
A broad swathe of countries have agreed on a major overhaul of how they tax the world's biggest companies when they do business across...
EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to subsidiaries in low-tax countries?
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EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to tax havens?
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OECD head says Biden’s global tax proposal is a game changer
FRANKFURT, Germany — The new head of the Organization for Economic Cooperation and Development said Tuesday that he is “quietly optimistic” about reaching an...
Forecast: Global economy rebounding, faces multiple threats
FRANKFURT, Germany — The global economic rebound from the pandemic has picked up speed but remains uneven across countries and faces multiple headwinds including...
US proposes tax of at least 15% on global corporate profits
WASHINGTON — The U.S. Treasury Department supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has...
US proposes 15% minimum tax on global corporate profits
WASHINGTON — The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the...