The EU and the G-20

The G20 and the EU: A Win-Win Game The EU in the G20 represents all EU Member States. As some EU Member States are also G20 members (France, Germany, Italy and the UK) or permanent guests (Spain), EU representatives play a key role in the coordination process of the EU…

Updating tax policies after Panama Papers

Communiqué: G20 Finance Ministers and Central Bank Governors Meeting: "We mandate the OECD working with G20 countries to establish objective criteria by our July meeting to identify non-cooperative jurisdictions with respect to tax transparency. Defensive measures will be considered by G20 members against non-cooperative jurisdictions if progress as assessed…

Background for the G20 deputies meeting in Shanghai

Global Prospects and Policy Challenges: G-20 Finance Ministers and Central Bank Governors’ Meetings: The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, especially in advanced economies, increasing the likelihood…

Paying taxes in the digital economy

Tax worldwide profits A policy proposal from the Economist: Keeping [the current] approach, but toughening up the policing, means creating yet more rules—and loopholes. Better to think of each firm as a single entity. Then countries could ... agree to share the tax on companies’ worldwide profits according to a…