Make 'em pay: G-20 to take on big companies that use tax havens. But will anything change?

November 13, 2014 4:15 AM

19 0

BRISBANE, Australia – The politically-fraught issue of forcing big, multinational companies to pay more tax will be high on the agenda at this weekend's G-20 summit in Brisbane.

There has been an ongoing effort by governments to crack down on tax avoidance, with companies such as Google and Amazon facing criticism for moving profits earned in one country to other countries with lower tax rates. The G-20 also tackled the issue at last year's summit, vowing to set up a system...

Also read: Trade Concerns Hammer Global Auto Stocks

Read more

To category page