'What little credibility the OECD had is now in tatters,' said alexcobham of TaxJusticeNet. 'The OECD makes promises about ending global tax abuse but was evidently doing everything it could behind closed doors to protect tax abusers.'
that at least 1 of every 4 of those lost tax dollars could be saved if corporations were required to publish country-by-country reporting data.
People close to the decision said officials from the intergovernmental body had stressed to the Australian Treasury that countries that signed the 2015 OECD agreement did so on the basis the tax reports would not become public.on social media."Their work is by definition consensus-based and often lowest common denominator. If a country wants to push on and do something more substantial, they should applaud, not oppose.
"While large multinationals already report some country-by-country data to tax authorities under an international agreement brokered by the OECD in 2015, the Australian proposal would have disclosed additional new data points," the newspaper noted."And crucially the OECD country tax reports are not shared with the public."'s article corroborates earlier reporting by the Center for International Corporate Tax Accountability and Research and the Tax Justice Network.
Two weeks ago, immediately after the Australian government unexpectedly postponed key components of its landmark bill, both groups that"lobbying against the legislation by multinational corporations and their professional enablers may have been bolstered by the OECD itself—the organization which claims to set international tax rules in order to reduce corporate tax abuse."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump’s trial likely to be pushed back until next year — or even after 2024 election, legal expertsFormer President Donald Trump is facing a Monday deadline to respond to the government’s request to push back his classified documents trial to December, but legal experts say the trial won’t start until next year — or even after the 2024 presidential election because of the national security implications at play.
Read more »
Britney Spears hit herself in the face when security for Victor Wembanyama pushed her hand away, police sayAfter looking at surveillance video, Las Vegas Police say a security guard for NBA rookie Victor Wembanyama pushed Britney Spears' hand off the player without looking, causing her hand to hit her own face.
Read more »
Instagram Boss Says Politics & Hard News Will Not Be Pushed By Threads Like Twitter: “Not Worth Scrutiny, Negativity Or Integrity Risks”Meta launched Threads this week which is their response to Twitter and in many ways both platforms want to host digital town squares. However, Instagram boss Adam Mosseri is clearing things up and …
Read more »
NBA star Victor Wembanyama addresses Britney Spears slap incident: ‘She grabbed me from behind’While the San Antonio Spurs star said he didn’t know “how much force” his security used, he does know that he “pushed” the singer away.
Read more »
Warner Bros. denies 'Barbie' map endorses China's disputed territorial claims: 'Make-believe'After critics accused the movie 'Barbie' of featuring a map displaying Chinese claims in the South China Sea, Warner Bros. reps pushed back on the allegations.
Read more »
Las Vegas authorities won't file charges against Wembanyama security guardSurveillance footage appears to show that Britney Spears actually hit herself in the face when she was pushed back from the NBA star. SanAntonio SATX SanAntonioTX SanAntonioSpurs Spurs Wemby Wembanyama BritneySpears
Read more »