[ad_1] "The crisis could leave scars and reopen old wounds," warned the OECD in a study published Friday on the impact of Covid-19 in Europe. Indeed, the health crisis has affected the states of the Old Continent very unevenly. Successive lockdowns have been particularly destructive for the service sector. However, this sector often employs "an abundant unskilled labor force", which could lead to an increase in "inequalities and (of) poverty" within Europe, says the international organization in its report. To...
[ad_1] In Venice, the finance ministers of the G-20 countries backed the historic tax agreement of 131 countries. They want to put a stop to the shifting of profits by multinational corporations and secure tax revenues. In particular, the tremendous dynamism of the digital corporations has increased the concerns of many countries about falling tax revenues. Because digital business models are complex, highly mobile and difficult to reconcile with the current tax system. Because it was designed primarily for the...
[ad_1] 130 countries under the aegis of the OECD reached an agreement on Thursday on the reform of the taxation of multinationals. This notably provides for the establishment of a minimum tax "of at least 15%" on the profits of the world's largest companies, the Organization for Economic Co-operation and Development announced. "After years of intense work and negotiations, this historic package of measures will ensure that large multinational corporations pay their fair share of taxes everywhere," said OECD Secretary-General...
[ad_1] Did you miss the early morning news? We have concocted a recap to help you see more clearly. He arrived handcuffed in court. Allen Weisselberg, chief financial officer of the “Trump Organization” and faithful among the faithful of the former US president, pleaded not guilty to a tax offense on Thursday in Manhattan. He is accused of having concealed $ 1.76 million in indirect compensation from the US tax authorities. Lawyers for the company, which is being sued as...
[ad_1] Status: 01.07.2021 6:35 p.m. Breakthrough in the negotiations on a global minimum tax for large corporations: According to the Organization for Economic Cooperation and Development, 130 countries agreed on a tax rate of at least 15 percent. 130 countries have agreed on a comprehensive tax reform. This includes a global minimum tax of 15 percent for large corporations, it said on Thursday in a joint statement by the states. They had been negotiating this for years under the umbrella...
[ad_1] Germany's tax authorities are losing huge sums of money because corporations are shifting their profits. The biggest profiteers are in the neighborhood, shows an explosive study. . [ad_2] Source link
[ad_1] Will the 139 countries involved succeed in finding a consensus? After the “historic” G7 agreement on a global taxation of multinationals, negotiations continue this week at the OECD, while some remain reluctant and others fear that Amazon and other giants will escape the new rules. The Organization for Economic Cooperation and Development (OECD), based in Paris and mandated by the G20 to set up this global minimum tax and a better distribution of tax revenues from multinationals, in particular...
[ad_1] The mental health of the population has deteriorated, without much increase in resources for care - Pixabay “Investments and quality of mental health care” must be increased “urgently”. In a report published on Tuesday, the OECD underlines the importance of the social and economic costs associated with mental disorders and the sharp increase in mental health problems with the Covid crisis. "Countries must provide adequate support to those affected while urgently increasing investment and quality of care to reduce...
