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Montevideo, November 15th 2024 - 04:39 UTC

Tag: OECD/G20

  • Wednesday, August 2nd 2017 - 07:33 UTC

    Hammond begins round of trade and political talks in Argentina

    Hammond is scheduled to meet ministers of economy, finance, foreign affairs, and with president Mauricio Macri

    The Chancellor of the Exchequer begins on Wednesday a round of trade, investment and political contacts in Argentina, following a two day visit to Brazil, as part of a tour of South America's biggest economy. It will be the most important visit of a British cabinet minister in over sixteen years to Argentina.

  • Tuesday, October 6th 2015 - 09:56 UTC

    OECD has proposals to cut corporate tax minimization; but much skepticism

    Osborne's plan to cut corporate tax rates means UK was embroiled in a “race to the bottom” of tax competition rather than tax co-operation with its neighbors

    Companies should pay tax in the countries where they conduct business under new proposals intended to cut corporate tax minimization. An OECD/G20 report found laws allowing companies to shift profits to low-tax jurisdictions means that between $100bn and $240bn is lost annually. That equates to between 4% and 10% of global corporate tax revenues.