OECD wants to curb tax evasion and organizes a forum on the subject

OECD wants to curb tax evasion and organizes a forum on the subject

The discussion on transparency in tax collection comes at a time when rich countries are facing increasing pressure against tax evasion.

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a OECD, an organization formed by 38 countries of medium to high level of economic development, promotes this Wednesday, 17, in a virtual way with transparency experts in the global forum tax collection – and in strategies against tax evasion.

This discussion is taking place at a time when there is increasing pressure from rich countries against tax evasion. Two weeks ago, at the G20 summit, the leaders of the world’s 20 largest economies decided to support the OECD plan for a 15% global minimum corporate tax, showed drafts of the two-day G20 summit on Saturday, with plans to implement the rules. was the goal. 2023.

“We call for an OECD/G20 inclusive framework on base erosion and benefit transfer to ensure that the new rules are in effect globally by 2023, with the model rules and multilateral instruments agreed in the detailed implementation plan with the aim of ensuring that be developed rapidly.” Draft findings, seen by Reuters.

In October, 136 countries reached an agreement for a minimum tax on global corporations, including Internet giants such as Google, Amazon, Facebook, Microsoft and Apple, to make tax evasion difficult through established headquarters in low-tax jurisdictions. .

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“It’s more than a tax deal, it’s a reform of the rules of the global economy,” a US official told reporters, according to Reuters news agency.

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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