Organization for Economic Cooperation and Development (OECD) News

Bermuda Weighs Corporate Tax as Part of Global Minimum Tax Drive

Bermuda on Tuesday took steps toward adopting a corporate income tax as part of a move alongside nearly 140 other countries to overhaul tax regimes to deter large multinational companies from booking profits in the lowest-tax nations. The Bermudan government …

How New International Deal Could Stem Corporate Use of Tax Havens

FRANKFURT, Germany (AP) – More than 130 countries have forged a deal on sweeping changes in how big global companies are taxed. The goal: deterring multinational companies from stashing profits in countries where they pay little or no taxes – …

U.S. Multinationals Flee No-Tax Caribbean Havens, in Favor of Low-Tax Havens

Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that are seen as more legitimate than the formerly popular island destinations of the Cayman Islands and the Bahamas. They’re fleeing …

OECD Says Tax Evasion Plan Needs to Include Brokers’, Insurers’ Accounts

Accounts at brokers and insurers need to be included along with banks in a plan designed to share data among governments to crack down on tax evasion, the Organization for Economic Cooperation and Development said. The 42 countries committed to …

FERMA Forum Opens with Solvency II Analysis from Karel Van Hulle

The bi-annual Risk Management Forum of the Federation of European Risk Management Associations (FERMA) kicked off with a reception on Sunday night for the 1400 plus delegates at the MECC Conference Center in the Dutch city of Maastricht. FERMA got …