Thursday 20 March 2014

OECD tax investigation focuses on MNCs with Mena branches | The National

OECD tax investigation focuses on MNCs with Mena branches | The National:



"Global multinationals in the Middle East and North Africa are bracing themselves for a planned investigation into the taxes they pay in the region.



Rules being drafted by the Organisation for Economic Cooperation and Development (OECD) will target companies that try to cut the amount of tax they have to pay by shifting profits from highly-taxed nations to those with a lower tax rate."



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