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G20 pushes tax plan to close offshore loopholes
The OECD and G20 finance chiefs unveiled a 15 point plan to curb offshore profits and close tax loopholes. It aims to tax profits held in offshore subsidiaries and curb double deductions, with focus on the digital economy. Countries would be scored on tax cooperation over the next two years.
MENTIONED IN THIS ARTICLE
Paris
Google
Amazon
Facebook
Starbucks
Europe
Organization For Economic Cooperation and Development
Moscow
OECD
Anton Siluanov