Voltaire Network

The G20 wants to tax the multinationals

+

The ministers for Employment and the Economy, as well as the governors of the central banks for the member states of the G20, met in Saint-Petersburg between the 18th and the 20th July 2013.

The aim of this meeting was to prepare the summit meeting of the heads of state and governments which will be taking place on the 5th and 6th of September.

The participants examined the propositions of the OECD to tax multinational and other companies which, so far, partially avoid their influence.

Notably, the Organisation for Economic Co-operation and Development in Europe suggests:
- the international definition of the competence of member states to determine numerically the taxation of contributing companies so that they will be aware of which sectors of their activity are taxable;
- forbidding of preferential treaties which create zones of double non-taxation;
- developing laws which forbid financial sleight of hand aimed at allowing the transfer of profits to companies established in states with reduced taxation;
- the mandatory declaration of benificiaries of each off-shore company;
- creating a global mechanism which will make it possible to check that each company pays its taxes in one state or another.


- “G20 Meeting of Finance Ministers and Central Bank Governors”, Voltaire Network, 20 July 2013.
- “G20 Labour and Employment Ministers’ Declaration]”, Voltaire Network, 19 July 2013.
- “The G20 Labour and Employment and Finance Ministers’ Communiqué”, Voltaire Network, 19 July 2013.

Voltaire Network

Voltaire, international edition

Article licensed under Creative Commons

The articles on Voltaire Network may be freely reproduced provided the source is cited, their integrity is respected and they are not used for commercial purposes (license CC BY-NC-ND).

Support Voltaire Network

You visit this website to seek quality analysis that enables you to forge your own understanding of today’s world. In order to continue our work, we need you to support our efforts.
Help us by making a contribution.

How to participate in Voltaire Network?

The members of our team are all volunteers.
- Authors : diplomats, economists, geographers, historians, journalists, military servicemen, philosophers, sociologists. You can send us your article proposals.
- Professional-level mother-tongue translators: you can help us by translating our articles.

The Arab Civil War
The Arab Civil War
by Thierry Meyssan
The State Against The Republic
What lies behind the anti "conspiracy theorist" discourse
The State Against The Republic
by Thierry Meyssan
How to Defeat Failed Chicago Mayor Rahm Emanuel
World Crisis Radio
How to Defeat Failed Chicago Mayor Rahm Emanuel
by Webster G. Tarpley, Partners
 
The role of family farms
«Current Concerns», n° 6-7, 10 March 2015
The role of family farms
Partners
 
Forty-Seven Republican Traitors Drive US Towards Catastrophic Middle East War
World Crisis Radio
Forty-Seven Republican Traitors Drive US Towards Catastrophic Middle East War
by Webster G. Tarpley, Partners
 
Do unilateral sanctions violate human rights?
Do unilateral sanctions violate human rights?
by Thomas Kaiser, Voltaire Network
 
China has become main banker in Latin America
China has become main banker in Latin America
by Ariel Noyola Rodríguez, Voltaire Network
 
Dr. Zarif`s Response to the Letter of US Senators
Dr. Zarif`s Response to the Letter of US Senators
by Mohammad Javad Zarif , Voltaire Network