Europe’s tax haven investments in Africa

From EUobserver

BRUSSELS – The honour of delivering the keynote address at the high-level EU-Africa Business Forum earlier this year fell to Dr Ahmed Heikal. In front of European Commissioners, leading politicians, chief executives of huge multinationals, senior bank bosses and billionaires, the Egyptian investment tycoon was asked to set the tone of the forum, a three-day lobbying event funded by the EU. Dr Heikal is founder and chairman of Qalaa, an African investment fund with $9.5bn on its books. The European Commission says he represents a company that has become an “African success story”. But although it is undoubtedly successful, Qalaa’s business model raises a series of questions about whether it represents the sustainable and inclusive growth that the EU says it wants to encourage in Africa.

Read more >>> EUobserver / Europe’s tax haven investments in Africa.

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OECD Working Group on Bribery – Annual Report

 

Working Group on Bribery Annual Report front cover, shadow‌Date of publication
10 June 2013

Previous editions

2012 English  | Français

2011 English | Français

2010 English |  Français

2009

2008

2007

Published each year in June, the annual report of the OECD Working Group on Bribery provides a brief overview of the OECD Anti-Bribery Convention and how it works. It also outlines how the Working Group on Bribery contributes to the global fight against corruption.2013 (pdf) – including enforcement data

TABLE OF CONTENTS

 

  • Message from the Secretary-General
  • Message from the Chair of the Working Group
  • Setting the standard – the Anti-Bribery Convention
  • Working Group data on enforcement of the Anti-Bribery Convention
  • Monitoring compliance and implementation of the Convention
  • Working with key partners in the fight against foreign bribery
  • Global relations activities
  • A holistic approach to fighting foreign bribery – engagement with partners
  • OECD support for related anti-corruption initiatives
  • Appendix 1 – Parties to the Convention
  • Appendix 2 – Executive summaries of Phase 3 monitoring reports for
    – Australia
    – Austria
    – France
    – Greece
    – Hungary
    – Netherlands
    – Slovak Republic
    – Spain
    – Sweden
    – United Kingdom

Presentation of the new Common Reporting Standard for automatic exchange of information in tax matters

Thursday 13 February 2014, 10H00 at the OECD (Paris)

OECD 10/02/2014 – Co-operation between tax administrations is critical in the fight against tax evasion. A key aspect of that co-operation is exchange of information between jurisdictions. Political interest has increasingly focused on the opportunities provided by automatic exchange of information.  In 2013, the G20 endorsed automatic exchange as the expected new standard, and asked the OECD to work with countries toward the development of this new multilateral standard.

Pascal Saint-Amans, director of the OECD Centre for Tax Policy and Administration (CTPA), and Achim Pross, head of the Centre’s international co-operation division, will present the result of that work during a briefing for the press starting at 10H00 on Thursday 13 February 2014 at the OECD. The new Common Reporting Standard will be presented for endorsement to G20 ministers of finance and heads of central banks during a ministerial-level meeting in Sydney, Australia on 22-23 February.

 

Bringing International Tax Rules Into the 21st Century

OECD

Organization for Economic Cooperation and Development

It’s a watershed moment for international tax policy. The debate over tax evasion by the wealthy and tax avoidance by multinational corporations has never before grabbed so many headlines or caused…

Read Post (via Huffington Post)