The UK chancellor and his French and German counterparts urge OECD to 'work quickly'
‘George Osborne has joined forces with his French and German counterparts to call for faster progress on a drive against tax avoidance by multinational corporations.
‘The chancellor, Wolfgang Schäuble of Germany and Pierre Moscovici of France, have written to the OECD calling on it to urgently address loopholes that allow Amazon, Google and Starbucks to legally avoid tax …
‘Earlier this month, finance ministers from the G20 group of countries called for proposals on how to stop big corporations from transferring their profits from one country to another to avoid tax. The OECD, which works with governments on combating tax evasion and avoidance, is due to deliver a report on the subject to the G20 by February. In their letter, Mr Osborne and his counterparts … urge the organisation to work quickly to address the changes in global business practices that allow tax avoidance to occur.’
The UK chancellor and his French and German counterparts urge OECD to 'work quickly'
‘George Osborne has joined forces with his French and German counterparts to call for faster progress on a drive against tax avoidance by multinational corporations.
‘The chancellor, Wolfgang Schäuble of Germany and Pierre Moscovici of France, have written to the OECD calling on it to urgently address loopholes that allow Amazon, Google and Starbucks to legally avoid tax …
‘Earlier this month, finance ministers from the G20 group of countries called for proposals on how to stop big corporations from transferring their profits from one country to another to avoid tax. The OECD, which works with governments on combating tax evasion and avoidance, is due to deliver a report on the subject to the G20 by February. In their letter, Mr Osborne and his counterparts … urge the organisation to work quickly to address the changes in global business practices that allow tax avoidance to occur.’
