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Economic Briefing: A review of the G20 agenda on tax avoidance and on long-term investment

16/10/2013

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  • Economic Briefing #2pdf
In this second ITUC-TUAC Economic Briefing, Pierre Habbard, ITUC-TUAC Senior Policy Adviser, assesses two initiatives of the G20 agenda on tax avoidance and on long-term investment. In St Petersburg the G20 endorsed two potentially significant texts prepared by the OECD: an Action Plan on Base Erosion and Profit Shifting (BEPS) to curb aggressive tax planning schemes by multinational enterprises (MNEs); and the new High-Level Principles of Long-Term Investment Financing by Institutional Investors.

The ITUC, TUAC and our Global Unions partners will be tracking the implementation of the commitments in these Declarations over the months ahead and calling for the necessary policy shift to bring about a real, sustainable, job-rich and inclusive recovery.

Read more on these and other G20 policy areas in the TUAC/ITUC Evaluation of the St. Petersburg Summit and follow us on Twitter under @TUACOECD.