Arab Today, arab today 4 international organizations intensify cooperation to fight tax evasion
Last Updated : GMT 14:19:20
Arab Today, arab today
Arab Today, arab today

4 international organizations intensify cooperation to fight tax evasion

Arab Today, arab today

Arab Today, arab today 4 international organizations intensify cooperation to fight tax evasion

The International Monetary Fund
Washington - XINHUA

Four of the world's largest multilateral organizations said on Tuesday that they would intensify cooperation on tax issues via a newly-created vehicle Platform for Collaboration on Tax.

The International Monetary Fund (IMF), World Bank, United Nations and the Organisation for Economic Co-operation and Development (OECD), announced the joint platform to help developing countries fight tax evasion.

"This effort comes at a time of great momentum around international tax issues," said the group in a statement. "A major aim of the Platform is to better frame technical advice to developing countries as they seek both more capacity support and greater influence in designing international rules."

The statement said the effort was also welcomed by the Group of 20 (G20) finance ministers at their February meeting in Shanghai.

The G20 top economies last week agreed to take a step forward to curb tax evasion and money laundering.

They called on relevant countries, including all financial centers and jurisdictions, to commit to implementing the standard on automatic exchange of information by 2017 or 2018.

According to their communique, G20 members will consider "defensive measures" against non-cooperative jurisdictions with respect to tax transparency and work with the OECD to establish objective criteria by its July meeting to identify non-cooperative jurisdictions.

The Platform announced Tuesday will develop appropriate tools for developing countries in the taxation of multinational enterprises, and encourage the establishment of information exchange mechanisms to tackle tax evasion and avoidance.

It will also help developing countries build effective tax systems by providing them support, advice, training and technical assistance.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 4 international organizations intensify cooperation to fight tax evasion Arab Today, arab today 4 international organizations intensify cooperation to fight tax evasion

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today 4 international organizations intensify cooperation to fight tax evasion Arab Today, arab today 4 international organizations intensify cooperation to fight tax evasion

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday