About: OECD

Economy & Jobs 26-10-2021

International taxation and green public investments

A recent event hosted by a range of think tanks looked at current fiscal policy challenges. As public finance plays a role in the transition towards a green economy, it is crucial to examine how the public purse can access...
Economy & Jobs 26-10-2021

How rich countries profit from the OECD tax deal

Rich countries profit more from the recently announced OECD tax deal than developing countries, according to a new policy study, putting claims that the global tax system had become fairer into question.
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Economy & Jobs 22-10-2021

National digital taxes and US sanctions to be withdrawn after OECD tax deal

A group of European countries agreed with the United States on Thursday to withdraw their digital taxes. The move by Austria, France, Italy, Spain, and the United Kingdom follows an international tax deal agreed earlier this month that aims to allocate parts of the profits from highly profitable, big corporations to countries in which revenue is generated.
Economic governance 14-10-2021

EU directive on minimum corporate tax expected before end of year

Days after 136 countries agreed on an international tax deal, a European Commission official announced that a directive to implement the corporate minimum tax rate might be forthcoming before the end of the year.
Economy & Jobs 11-10-2021

The global tax marathon: Winners and losers

Aspects of the global tax reform agreement which have largely gone unnoticed are likely to come in for closer scrutiny in national parliaments of EU countries and in the European Parliament where some pushback can be expected, writes Dick Roche.
Economic governance 08-10-2021

136 countries agree on international tax reform

More than 100 countries agreed on Friday (8 October) a reform of the international tax regime intended to make it fit for the digital age and respond to longstanding concerns about corporate tax evasion.
Economy & Jobs 08-10-2021

Ireland agrees to global tax deal, sacrificing prized low rate

Ireland dropped its opposition to an overhaul of global corporate tax rules on Thursday (7 October), agreeing to give up its prized 12.5% tax for large multinationals in a major boost to efforts to impose a minimum rate worldwide.
Global Europe 04-10-2021

How the US got the upper hand in the OECD tax reform proposals

One of the more intriguing aspects of the negotiations on the OECD proposals to reform international corporate tax rules, which come up for decision this month, is the role played by the Biden administration, writes Dick Roche.
Climate change 17-09-2021

Rich states fall short of $100 billion climate finance goal

Wealthy countries fell short of the promised $100 billion of climate finance provided to developing countries in 2019 and are expected to miss the target again for 2020, according to the head of the Organisation for Economic Co-operation and Development (OECD).
Economy & Jobs 07-07-2021

Global tax reform plan goes to the G20

G20 finance ministers meeting in Venice on Friday and Saturday (9-10 July) could rally the world's top economies behind a global plan to tax multinationals more fairly, already hashed out among 130 countries representing 90% of world output.
Economy & Jobs 02-07-2021

Global tax deal backed by 130 nations, Ireland and Hungary stay out

A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said on Thursday (1 July), but some EU states refused to sign up.
The European Commission will stay on track with plans to present a 'digital tax' by June this year, despite recent progress at the level of the Organization for Economic Cooperation and Development (OECD), the Commission's Executive Vice-President Margrethe Vestager said on Tuesday (23 March). 
Digital & Media 24-03-2021

Commission on track for digital levy proposal by June

The European Commission is on track with plans to present a digital tax by June despite recent progress at the level of the Organization for Economic Cooperation and Development (OECD), the Commission's Executive Vice-President Margrethe Vestager has said.
Climate change 15-03-2021

Australia’s Cormann to lead OECD, climate activists dismayed

Australia’s former finance minister Mathias Cormann on Friday (12 March) announced he won the race to lead the Organisation for Economic Co-operation and Development (OECD), disappointing climate activists who said he has blocked efforts to reduce emissions.
Digital & Media 11-03-2021

Google to raise advertising fees to offset French, Spanish GAFA tax

In an email to French and Spanish advertisers last week, Google announced a 3% increase in advertising rates on its platform from May, to cover what has been termed the 'GAFA tax' in force in both countries. EURACTIV France reports.

UAE now among world’s top ten tax havens

The UAE has entered the world's top ten tax havens for the first time, research showed Tuesday (9 March), in a report flagging OECD nations and their dependencies for more than two-thirds of "global corporate tax abuse".
Digital & Media 09-02-2021

EU, UK envoys see better chance for global tax progress under Biden

The British and EU ambassadors to Washington said they were encouraged by signs the Biden administration will re-engage in talks on reforming global tax rules for digital companies after discussions stalled under former President Donald Trump.
Digital & Media 18-01-2021

Spain’s new Google and Tobin taxes to generate about €1 billion this year

Spain’s new taxes on digital and financial services, approved last year, came into force on Saturday (16 January). The first collection is expected in March or April, EURACTIV’s partner EFE reports.
Global Europe 21-12-2020

OECD candidate: The US is back as ‘guarantor’ of international liberal order

With the new US administration, Washington has again taken up its role as a guarantor of multilateral system, former EU Commissioner Anna Diamantopoulou who runs for the OECD top job, told EURACTIV.com in an interview. “I think it has become...
Economy & Jobs 15-12-2020

Spain’s prime minister: Economic growth does not guarantee well-being

Spain’s socialist Prime Minister, Pedro Sánchez, stressed in Paris on Monday (14 December) that "economic growth does not guarantee well-being" and that the world needs a change of paradigm to deal with new challenges. EURACTIV's partner EFE reported.
Economy & Jobs 09-12-2020

OECD criticises German frugality, urges it to ‘clear the investment backlog’

Germany needs to invest more in infrastructure, digital policy, climate protection after years of government frugality, a study by the Organization for Economic Cooperation and Development (OECD) recommends. EURACTIV Germany reports.
Economy & Jobs 23-11-2020

EU’s regions and local authorities brace for difficult times ahead – survey

Regional governments across the EU are bracing for difficult times ahead as they lack technical means and have scarce financial resources, according to a joint survey conducted by the European Committee of the Regions and the Organisation for Economic Cooperation and Development. EURACTIV France reports.
Economy & Jobs 12-08-2020

Airbnb backs OECD approach to digital services tax

Home rental startup Airbnb said on Wednesday (12 August) it supported the development of a digital services tax regime being discussed by the Organisation for Economic Co-operation and Development (OECD) to bridge a divide between the United States and Europe.
Digital & Media 19-06-2020

France slams ‘provocation’ as US halts digital tax talks

France and the US locked horns Thursday (18 June) over taxing digital giants such as Google and Facebook, after Washington said it was breaking off talks aimed at establishing a global framework for making the companies pay larger levies where they operate.
Economy & Jobs 18-06-2020

Europe to push ahead with digital tax despite US ‘threats’

The European Commission plans to put forward a proposal for a digital tax if the international efforts fail this year after the US withdrawal, ignoring Washington’s threats if Europe moves ahead.