The OECD has served as an active participant in G20 meetings and summits since 2008, when the G20 governments called on the OECD and other key international organisations to help them respond to the global economic crisis. Our organisation worked closely with the successive presidencies (US, UK, Canada, South Korea, France, Mexico) of the G20 to help them refine their priorities for the G20, and we provided them with analysis, data, as well as policy options and recommendations on virtually all relevant issues addressed by the Group. We are currently supporting the incumbent Presidency, the Russian Federation, in framing, developing and carrying out its priorities – e.g. growth and jobs, financing for investment, employment, or energy.
More about the OECD and G20
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Russian Presidency
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OECD Secretary-General Angel Gurría presented a report that highlights measures to ensure that all taxpayers pay their fair share. The report covers three strategic initiatives:
- Progress reported by the Global Forum on Transparency and Exchange of Information for Tax Purposes including the upcoming ratings of jurisdictions’ compliance with the Global Forum’s standards on exchange of information on request;
- Efforts by OECD to strengthen automatic exchange of information;
- Latest developments to address tax base erosion and profit shifting, a practice that can give multinational corporations an unfair tax advantage over domestic companies and citizens.
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Co-organised by the G20 Russian Presidency and the OECD, with UNODC support, this conference on 25-26 April will focus on promoting transparency and integrity in organising sport and other major events and cutting-edge measures for governments and business to combat corruption.
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Mr. Gurría presented the report in Moscow with the Russian Federation’s finance minister Anton Siluanov, ahead of the 15-16 February meeting of G20 finance ministers. He said its key country-specific structural reform recommendations are applicable to OECD and G20 countries alike.
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An OECD study commissioned by the G20 - Addressing Base Erosion and Profit Shifting (BEPS) - finds that some multinationals use strategies that allow them to pay as little as 5% in corporate taxes when smaller businesses are paying up to 30%. OECD research also shows that some small jurisdictions act as conduits, receiving disproportionately large amounts of Foreign Direct Investment compared to large industrialised countries and investing disproportionately large amounts in major developed and emerging economies.
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Remarks (in progress) by Gabriela Ramos, G20 Sherpa & Chief of Staff at OECD, Gaidar Forum 2013, Moscow, 16 – 19 January 2013
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Mexican Presidency
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OECD reports delivered to Los Cabos
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Selected G20 speeches and articles
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Related Documents
OECD and the Seoul G20 Summit 2010
G20 summit in London
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