(Source: OECD - Organisation for Economic Co-operation and Development) 16/11/15 - The leaders of the world's 20 largest economies today endorsed overhauled global standards to crack down on tax evasion and recognised the important contribution made by the OECD to help the Turkish presidency in achieving the goal of more inclusive growth. At their Summit in Antalya, Turkey, the G20 leaders committed to the implementation of the Base Erosion and Profit Shifting project (BEPS) which closes gaps that allow corporate profits to 'disappear' or to be artificially shifted to low or no tax environments. They called on the OECD to monitor progress and to develop, by early next year, an inclusive...
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