OECD & G-20 Seek to Establish a Global Tax Avoidance Plan by 2017

As concerns about prevalence of artificial corporate practices designed to shift profits to a low-tax or no-tax jurisdiction, the Secretary-General of the OECD announced a global plan aimed at cracking down on such aggressive tax avoidance practices by corporate organizations. Forty countries will work together to ensure the framework to discourage companies from resorting to…

OECD & G-20 Seek to Establish a Global Tax Avoidance Plan by 2017

As concerns about prevalence of artificial corporate practices designed to shift profits to a low-tax or no-tax jurisdiction, the Secretary-General of the OECD announced a global plan aimed at cracking down on such aggressive tax avoidance practices by corporate organizations. Forty countries will work together to ensure the framework to discourage companies from resorting to…