04 Nov 2011
A €100BN (£86.5bn) windfall could swell G20 coffers if an assault on tax evasion is launched, according to Paris-based think-tank the OECD.
A survey of 20 rich and poor countries found that anti-evasion measures had recouped $14bn in unpaid tax on assets worth up to €150bn. OECD tax policy and administration director said the figure was the ‘tip of the iceberg' with hundreds of billions of dollars likely to be held offshore, reported The Guardian.
Further reading
More G20 governments yesterday agreed to co-operate on tax evasion, signing up to an anti-tax evasion convention.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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