G20

The OECD’s first recommendations for action to tackle “base erosion and profit shifting” (BEPS), released today, are the “building blocks” for an internationally agreed and co-ordinated respons

The OECD will reveal on 16 September its first recommendations for international action to tackle “base erosion and profit shifting” (BEPS).

World leaders meeting in St Petersburg today have agreed a new deal

13

Finance ministers from the G20 group of leading nations have backed plans to tackle international tax avoidance, reports Nick Huber.

1

If one believes that governments should exert some control over the free market in some circumstances, even if only the market in drugs, it is important that gover

3

Chancellor George Osborne has written to banks telling them the government will not support the European Commission’s proposal for the Financial Transaction Tax (FTT) due to a lack of support a

5

G20 leaders failed to agree on a new bank tax at a summit this week in Canada, leaving it up to individual countries to make their own arrangements.

The International Monetary Fund has put forward proposals for two separate new taxes on banks to avoid public money being spent on future bank bailouts.

Support is building for a global bank tax and a deal could be agreed at the G20 in June, said Gordon Brown this week.

1

The G20 ended on a tougher note than expected last week, as prime minister Gordon Brown declared that the recession was far from over, and world leaders remained committed to maintaining financial

Pages