OECD hopes tax reforms will end era of aggressive avoidance
by Simon Bowers from on (#PGM8)
Changes aim to stop tax avoidance worth up to $240bn each year but critics say new rules are weak and still offer much scope for non-payment
An unprecedented international collaboration on tax reform, led by the G20 nations and targeting many of the world's largest global corporations, will wipe out much of the tax avoidance industry, according to top OECD officials.
Related: OECD tax reforms: five key points
Related: Revealed: how AstraZeneca avoids paying UK corporation tax
Related: Tax avoidance by corporations is out of control. The United Nations must step in
Continue reading...