UK austerity measures likely to hurt society’s poorest OECD warns

UK austerity measures likely to hurt society’s poorest OECD warns Organisation says pace of cuts likely to intensify over next year and urges government to do more to tackle inequality.
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OECD tax proposals offer G20 ‘once in a century’ chance to fix creaking system

OECD tax proposals offer G20 ‘once in a century’ chance to fix creaking system Tax reform plan shows G20 how to close loopholes, end ‘race to the bottom’ – but radical idea to take on digital giants rejected.
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Levy free: How billions of pounds have been siphoned off to tax havens

Royalties and interest on debts, set against profits, are allowing companies to bypass the UK taxmanMost of the cash that bypasses the UK tax authorities en route to a tax haven leaves the country via a royalty payment or as interest payments on a debt.It is legal for Google to charge a royalty to all […]
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OECD prepares new rules to limit corporate tax avoidance

All 34 members back proposals to crack down on schemes that enable multinationals to pay as little as 1% tax on profits, it saysThe OECD is to draw up new rules to limit tax avoidance by some of the world’s largest businesses in time for a meeting of the G20 group of nations in July.The […]
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Tax deal signed by nine more countries

Luxembourg, Singapore and Austria join list of more than 50 who have agreed to exchange tax informationThe UK will be provided with a wealth of information about companies and individuals registered in well-known tax havens after nine more countries signed up to international tax protocols.Luxembourg, Singapore and Austria, a traditionally secretive banking jurisdiction, were among […]
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How would you measure happiness? | Open thread

Australia leads the industrialised world in the happiness stakes, says the OECD. Tell us what would make you happierThe OECD has found Australia to be the happiest industrialised nation for the third year in a row. Sweden is No 2, with the UK trailing in 10th. Factors that influenced the OECD outcome included education, housing, work-life […]
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OECD cuts UK economic growth forecasts for 2014

Thinktank says eurozone crisis to drag on growth next year, but urges chancellor to stick with spending cuts as Brussels loosens EU austerity throttleThe west’s leading economic thinktank yesterday backed George Osborne’s spending cuts as Brussels conceded that half a dozen debt-ridden EU countries should be given up to two extra years to reduce their […]
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