Looking for a specific product?

Make a search for products & suppliers, articles & news.

Call for international cooperation to plug tax holes

Norway’s Prime Minister Jens Stoltenberg challenges the OECD countries to step up international cooperation to plug tax holes. “To ensure the financing of the welfare society and to uphold the confidence in our tax systems, we should see to it that international corporations pay a reasonable amount of tax”, says Jens Stoltenberg.

 

Norway this year chairs the OECD Ministerial Council Meeting in Paris, with the theme: “It’s all about people; Jobs, Equality and Trust”. At present there are 200 million unemployed in the world, and many countries see an alarmingly high unemployment among young people.

“Employment is our most important resource. We cannot afford letting young people be unemployed. The OECDs Ministerial Council Meeting will pass an action plan against youth unemployment. This will mark the organisation’s work in the coming years”, says Stoltenberg.

Prime Minister Stoltenberg today held the opening speech at the OECD Ministerial Council Meeting. One of his main topics was the fight against so called aggressive tax planning.

“By aggressive tax planning international corporations can end up paying little or no tax at all. This is not acceptable. With public finances under strain in many countries, people have to endure higher taxes and poorer public services. We cannot accept that international corporations do not contribute at all”, Stoltenberg said.

In his speech the Prime Minister focused on the OECD’s preparation of an action plan against aggressive tax planning. He challenged OECD countries to further enhance international cooperation in this field.

“We should all strengthen our international efforts to plug tax holes, through international treaties as well as in our respective national tax codes. This will be a difficult task and will call for broad, international cooperation. I call on the OECD, the G20 and other international forums to keep the fight against tax holes and unemployment on top of their agendas», says Prime Minister Jens Stoltenberg.

 

 

Related news

Latest news

Biggest feed barge delivery ever

At the shipyard in Gdynia Poland, 7 feed barges were recently loaded onboard the vessel Jumbo Vision. The barges are destined for Canada and will be operational this summer. 

Max Planck and CMR cooperation

Scientists at Christian Michelsen Research are currently developing, together with colleagues from the Max Planck Institute for Iron Research (Germany), the Field Kelvin Probe (FKP). This FKP will enable contactless detect...

Consilium equips 48 buildings in Galway, Ireland, with lifesaving panels

Consilium Building Safety has received a strategical order from our Irish distributor...

CADCAM options for the open-minded

“Naval architects log into the Vestdavit digital library and can download exactly what they need within a couple of minutes,

DNV GL COMPIT Award 2017 for smart underwater robotics

Marco Bibuli was announced as the winner of the DNV GL COMPIT Award 2017, which took place in Cardiff this year. The Italian maritime robotics expert, working at the Italian research centre CNR-ISSIA in Genova, was honoure...

Record Number Applications for the Innovation Award!

A total of 28 applications for the Nor-Fishing Foundation Innovation Award, – which includes a check for NOK 100 000 – has been received by the deadline the 1st of May. This represents a 36% increase from record year ...

Midt-Norsk Havbruk and Plastsveis enter into agreement to build smolt facility

“We have followed the development of technology for smolt production carefully for several years,

DNV GL launches on-demand, web-based forecasting at WindPower 2017

Energy traders and plant operators gain online access to hourly forecast data at plant and regional level...

International Quality Awards announced

The Chartered Quality Institute (CQI) launches a series of quality awards designed to recognize the contribution of quality professionals across the globe.