Tag : Europe

Financial crisis: Repaydebt or grow income

International Finance DeskAugust 13, 2014

by International Finance DeskAugust 13, 2014

Europeans seem to be doing the former and Americans the latter, says ING senior economist Teunis Brosens August 13, 2014: Many countries have been under pressure to reduce their debt burden since the global financial crisis. But results are mixed and have serious implications for the recovery, says ING senior economist Teunis Brosens. Brosens tells...

Finance Wealth Management

OECD frames new rules to limit Corporate Tax avoidance

International Finance DeskApril 22, 2013

by International Finance DeskApril 22, 2013

12 more countries have signed, or committed to sign, the OECD’s multilateral convention on mutual administrative assistance on tax matters. The days of MNC’s exploiting fiscal loopholes over tax payment are now over with the OECD getting a strong backing to design an international clampdown on corporate ‘tax cheats’. “We need to take actions which...