Page 6 - Oecd
OECD slashes India's FY21 growth forecast to 5.1% on coronavirus woes
According to the latest OECD Interim Economic Outlook Forecasts, India's real GDP growth is expected at 5.1 per cent during the fiscal year starting April 1, 2020
 "OECD slashes India's FY21 growth forecast to 5.1% on coronavirus woes")
Coronavirus may shrink world economy, cause repeat of 2008 crisis: Report
The OECD said China's reduced production is hitting Asia particularly hard but also companies around the world that depend on its goods
 "Coronavirus may shrink world economy, cause repeat of 2008 crisis: Report")
Taxing digital economy
Analysts are increasing their understanding of it
 "Taxing digital economy")
137 countries on board for OECD digital tax plan: Gurria at WEF Davos
Some countries including France have postponed their own laws to give a multilateral solution a chance
 "137 countries on board for OECD digital tax plan: Gurria at WEF Davos")
'Very difficult' talks with US over tech tax, says France as deadline looms
The negotiating deadline coincided with a scheduled meeting on the topic at the World Economic Forum meeting in Davos from Tuesday to Friday this week.
 "'Very difficult' talks with US over tech tax, says France as deadline looms")
US urges countries to suspend digital taxes, says wait for OECD agreement
US Trade Representative Robert Lighthizer on Monday released a report slamming France's tax as discriminatory and designed to target American tech giants like Google, Apple, Facebook and Amazon
 "US urges countries to suspend digital taxes, says wait for OECD agreement")
OECD trims global 2020 growth forecast by 0.1% to 2.9% over trade tensions
In 2021, the OECD, which groups the world's wealthiest nations, sees global economic growth edging back up to 3.0 per cent
 "OECD trims global 2020 growth forecast by 0.1% to 2.9% over trade tensions")
Tax havens and sovereignty
There is a built-in inconsistency in addressing both
 "Tax havens and sovereignty")
Experts seek clarity from OECD in plan to tax multinational digital giants
Different countries have tried different ways to tax digital firms
 "Experts seek clarity from OECD in plan to tax multinational digital giants")
OECD proposes plan to tax Google, Netflix among other tech giants
Floats consultation paper, seeks comments by Nov 12
 "OECD proposes plan to tax Google, Netflix among other tech giants")
Top biz headlines: Jio to charge for calls, Airtel raises $750 mn, and more
From Reliance Jio charging for calls to other networks to Airtel raising $750 million, here are the top 10 business headlines on Thursday
 "Top biz headlines: Jio to charge for calls, Airtel raises $750 mn, and more")
Global economic turmoil
There are limits to what central banks can achieve
 "Global economic turmoil")
OECD slashes India's economic growth forecast from 7.2% to 5.9%
At 2.9%, global growth to be weakest since 2008 crisis, it says
 "OECD slashes India's economic growth forecast from 7.2% to 5.9%")
Taxing digital giants: India wants to wait until 2020 for a global solution
DTC panel makes no sweeping suggestion on it; any possible govt action only in 2020
 "Taxing digital giants: India wants to wait until 2020 for a global solution")
World's biggest companies accept growing inequality as defining challenge
The initiative, sponsored by the Organization for Economic Cooperation and Development, is set to be unveiled by President Emmanuel Macron as he prepares to host the G7 summit this weekend in Biarritz
 "World's biggest companies accept growing inequality as defining challenge")
Google, Facebook, Amazon decry French digital tax as 'discriminatory'
Some 58% of Amazon's sales are through partner companies, which stand to take the hit
 "Google, Facebook, Amazon decry French digital tax as 'discriminatory'")
International taxation
Is global reaction to the OECD's base erosion and profit shifting actions drifting?
 "International taxation")
OECD raises global growth forecast for 2018 to 3.7%
India's growth rate revised downward to 6.7%, down by 0.6 point from its June forecast
 "OECD raises global growth forecast for 2018 to 3.7%")
Govt to work with OECD to prepare norms for gold imports, refining
In its efforts to improve good governance Indian government, bullion industry and Organisation for Economic Cooperation and Development will together work for preparing responsible gold policy covering import of gold and dore and refining as well as delivery of refined bars. A task force is being set up to decide future roadmap for further implementation, according to sources. Tyler Gillard, head of responsible sourcing and sector projects at OECD who was in delhi to be a keynote speaker at India gold convention organised by Bullion Federation of India said in a telephone interview that, "After meeting Indian minister of state for finance Mr Meghwal and various industry representatives, I am optimistic about India implementing the OECD Guidance for responsible gold supply chains."OECD responsible gold guidelines prescribes sourcing of dore or unrefined gold to ensure it is not sourced from mines which are illegal or mined or sold by entities which are anti-social and so on. It also ...
 "Govt to work with OECD to prepare norms for gold imports, refining")
Improving multinational tax behaviour
OECD's Multilateral Instrument is a first step whose details need etching
 "Improving multinational tax behaviour")
