Search Results for: G20
TAX: OECD presents outputs of OECD/G20 BEPS Project for discussion at G20 meeting
October 5th, 2015
Reforms to the international tax system for curbing avoidance by multinational enterprises The OECD presented today the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules to be discussed by G20 Finance Ministers at ...
G20-Germany urges more Islamic finance integration globally
September 7th, 2015
Islamic finance is increasingly important in the global economy and needs to be better integrated into the international financial system, German Finance Minister Wolfgang Schaeuble told a meeting of the Group of 20 leading economies on Saturday. Islamic finance, ...
George Osborne pledges lowest corporation tax in G20 but new bank tax hits UK small lenders
July 9th, 2015
Chancellor pledges lowest corporation tax in the G20 – but casts punitive net over the UK’s small lenders Chancellor George Osborne ushered in a new tax regime for British banks yesterday, dialling down the controversial bank levy while introducing a new ...
Russia ready to join G20 tax data exchange plan from 2018
November 17th, 2014
Russia will be ready to join the G20 automatic tax information exchange program from 2018, Finance Minister Anton Siluanov told reporters Monday after a G20 summit. “Now we have already prepared an order on automatic tax information exchange. Countries ...
G20 watchdog toughens up new rule for securities financing
October 14th, 2014
Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares in a bid to curb hitherto unregulated risks in “shadow banking”. Securities financing are typically short-term money-raising transactions between banks ...
When the carnival is over: Australia’s surprising G20 legacy
October 6th, 2014
The genesis of the G20 is a tale of two crises. The first — the Asian financial crisis — led to the creation of the G20 as a meeting of finance ministers and central bank governors from 19 of ...
G20 towards deal on ‘bail-in’ bond cushion for banks
August 21st, 2014
Government leaders are expected to agree in November that the world’s top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis instead of calling on taxpayers to come to the ...
G20 must shape a new world trade regime
July 17th, 2014
Over the past decade global trade and investment discussions have moved far away from the formal global trade regime. The multilateral system has been mired in the Doha Development Round — defined by a single undertaking and a fixed ...
Accounting giants press for seat at G20 table
May 26th, 2014
The Australian federal government allegedly accepted sponsorship of more than $US300,000 from three of the accounting sector’s ‘big four’ for a seat at the table of a high profile tax summit in Tokyo ahead of this year’s G20 talks ...
EU hits pause on US digital levy to focus on global corporate tax plan
July 13th, 2021
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of ...