German minister wants speedy crackdown on tax avoidance


  • World
  • Friday, 10 Jan 2014

Norbert-Walter Borjans, Finance Minister of North Rhine-Westphalia, gestures during a Reuters interview at the NRW federal state parliament in Duesseldorf May 16, 2013. SWISS/DATATHEFT REUTERS/Ina Fassbender

BERLIN (Reuters) - Germany should consider its own measures to crack down on tax avoidance by global firms like Google and Amazon if an international initiative to tackle the problem does not produce results by the autumn, an influential state minister said.

Last year leaders of the G20 group of nations asked the Organisation for Economic Cooperation and Development (OECD) to make recommendations for addressing corporate tax avoidance.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Trump seeks records about evidence handling in latest bid to delay documents case
UK and allies unmask and sanction Russian leader of LockBit cybercrime gang
'Tsar' Putin tells the West: Russia will talk only on equal terms
Colombia's illegal armed groups grew in 2023 -secret security report
Kevin Spacey overturns UK ruling in sex assault case over lawyers' mistake
Tesla Autopilot probe escalates with US regulator’s data demands
Russia, Ukraine trade allegations of chemical weapons use at global watchdog
Spankings and satin pajamas: Stormy Daniels testifies at Trump trial
Fire and hide: Ukraine's artillery pinned down by Russian drones
Iran says talks with IAEA's Grossi have been 'positive'

Others Also Read