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)
November 16th, 2015
PRESS RELEASE G20/OECD plans on automatic exchange of financial information and corporate profit shifting well intentioned but miss the mark on inclusion Leaders of some of the world’s largest economies have given their final approval to plans to cut tax evasion and increase corporate transparency, yet countries most affected by tax dodging and illicit flows