August 31st, 2016
For the last few years, the G20 has been writing the script on financial transparency. Just last year, at the 2015 Summit in Turkey, G20 leaders signed off on two important measures being implemented by the Organization for Economic Cooperation and Development (OECD) to cut down on cross-border tax abuse and multinational profit shifting. But
February 23rd, 2016
PRESS RELEASE The OECD’s plan to open BEPS system to developing countries after it has already been designed highlights the need for a truly universal tax body Ahead of this week’s G20 Finance Ministers meeting, the Organization for Economic Cooperation and Development announced a proposal to invite non-member countries to join in its anti-tax avoidance system. The
January 20th, 2016
We at the FTC are readying for the next phase of efforts to make the global financial system work for everyone. As part of that, we’re looking back at some of 2015’s most memorable moments.
December 2nd, 2015
Some concluding thoughts on the G20/OECD BEPS process At last month’s G20 Leaders’ Summit in Antalya, Turkey, leaders of some of the world’s largest economies endorsed measures to plug loopholes in international taxation that allow transnational corporations to dodge taxes. But as drafting of the initiative, known as the Base Erosion and Profit Shifting (BEPS)