As policy makers and central bankers gather in Washington for this year’s Spring Meetings of the World Bank Group and the International Monetary Fund, growing intolerance of tax evasion is good news for developing countries desperate to raise tax revenues to pay for schools, roads and hospitals. Poor people in these countries mostly don’t pay much in taxes. But they are most in need of the improvements in infrastructures and services
The OECD welcomed today the formal endorsement by Uruguay of its tax information exchange standards.
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How effective are the stimulus packages introduced by OECD countries? This report examines up-to-date data on the stimulus packages introduced by OECD countries and major emerging economies. It includes recommendations on how packages could help achieve both short and long-term economic, social and environmental benefits, including low-carbon growth.
“Governments need to take quick and decisive action to avoid the financial crisis becoming a fully-blown social crisis with scarring effects on vulnerable workers and low income households,” OECD Secretary-General Angel Gurría told G8 Labour and Employment Ministers in Rome today.
Democratic governments want policies that are in the best interest of their citizens. But how can they – and their voters – be sure they are making the right choices? One answer is by learning from the experience of others. OECD peer reviews lie at the heart of this process.
OECD’s 30 member countries will hold their annual Ministerial Council Meeting in the OECD Conference Centre in Paris on 24-25 June 2009 under the chairmanship of Korean Prime Minister Han Seung-soo.
Moves by a number of financial centres over recent weeks in favour of transparency and exchange of information on tax matters have given a welcome boost to efforts counter international tax evasion, OECD Secretary-General Angel Gurría said.
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The Liechtenstein Government accepts the OECD standards on transparency and information exchange in tax matters and supports the international measures against non-compliance with tax laws.