Page 5 - Oecd

FM calls for consensus on taxing digital firms like Google, Facebook

Some 129 countries are in talks to rework global tax system to make digital firms pay tax regardless of their physical presence or measured profits in a country

World's rich nations jostle to lead OECD, the clubhouse of globalisation

The OECD acts like an auditor for globalisation, shaping policies and setting standards in areas from taxation to trade and education

Brazil to join OECD in a yr, two thirds of preparatory work done: Official

Guedes also said higher exchange rate risk is a natural consequence of the policy shift over the last 18 months in Brazil to looser monetary conditions and tighter fiscal policy

A collapse of global tax talks could cost $100 billion, says OECD

Public pressure is growing on big, profitable multinationals to pay their share under international tax rules after the Covid-19 pandemic strained national budgets

World Coronavirus Dispatch: OECD lowers decline in global economy to 4.5%

Trump says open to more stimulus spending, Australia unemployment drops, Richard Branson to raise $400 mn for ailing businesses and other pandemic-related news across the globe

OECD raises prospects for global economy, scales them down for India

Finds scope of further monetary and fiscal stimulus limited in the country

OECD sees world economy withstanding coronavirus better than forecast

The better view reflects the strong economic pickup in recent months and the vast injection of public resources

Cross-border tax disputes: ITAT orders to overrule MAP outcomes, says CBDT

Direct tax board issues detailed guidance on mutual agreement procedure, or MAP

A multilateral solution

Create joint norms on digital taxation with other jurisdictions

Tax authorities accessed 84 million offshore accounts in 2019: OECD

Nearly 100 countries carried out automatic exchange of information last year, covering total assets of 10 trillion euros

Extending the board's reach

The governance of group companies will increasingly be an area of focus for the Sebi

India may see 7.3% contraction if coronavirus strikes again: OECD

If it doesn't, the grouping of advanced countries in its twice-yearly publication-OECD Economic Outlook-- said that it expected India's economy to contract 3.7 per cent during the year.

India, European nations may soon tax digital firms as US upends global plan

United States pulled out of global talks to put in place a multilateral instrument to bring these companies in the tax net.

How long did India's per capita GDP take to recover after 1918 pandemic?

The OECD recently said the world hasn't seen such an economic crisis in a century

FinMin may defer google tax on e-commerce firms based abroad to September

Move after evaluating the challenges faced by digital firms amid pandemic

Donald Trump nominates Indian-American Manisha Singh as OECD ambassador

Singh was the Senior Fellow for International Economic Affairs at the American Foreign Policy Council and was a term member of the Council on Foreign Relations

The lingering effect of Covid on services trade

The International Monetary Fund and the World Trade Organization have predicted massive losses in economic growth and international trade

Treat coronavirus-related tax concerns as exceptional, says OECD

The work scenario has changed across the world due to Covid with most employees working from homes while others may have got stuck in foreign countries because of the lockdown

Virus in the works

For some reason China seems to be the point of origin of a lot of diseases that affect us globally

Top 10 business headlines: Govt likely to miss disinvestment target

From coronavirus disruption on various sectors of Indian economy to adjusted gross revenue (AGR) woes of telcos, Business Standard brings you the top headlines of the day