Business & Human Rights

  • EU Ministers Agree to Tax Avoidance Rules

    March 17, 2017

    Reuters reports that finance ministers of EU member states have agreed new rules seeking to require multinational companies to pay more taxes in the EU by amending rules allowing such companies to declare profits in low-tax jurisdictions and determining a common definition of "tax havens" to put pressure on non-EU countries with competitive corporate tax rates.

  • NGO: Ireland Must Ramp up Corporate Tax Efforts

    March 17, 2017

    The nongovernmental organization Oxfam Ireland has published a report calling on the Irish government to reform the country's tax system to clamp down on businesses using treaties with other jurisdictions for tax avoidance and to promote international tax cooperation to force companies to pay for the fulfillment of the global human rights agenda.

  • Lawyer Pushes BHR Due Diligence in New Zealand

    March 17, 2017

    Human rights lawyer Rebecca McAllum has called on businesses in New Zealand to adopt provisions of the UN Guiding Principles on Business and Human Rights (BHR) relating to performing comprehensive "due diligence" assessments of their BHR impacts to manage reputational and legal risks and to fulfill a "precondition" to entering many global markets.

  • EU Parliament Calls for Controls on Drug Pricing

    March 16, 2017

    In a recent resolution expressing concern regarding rising drug prices in the EU, the European Parliament calls for EU legislation aiming "to rebalance the negotiating power of EU member states compared to that of the pharmaceutical industry" and to introduce "effective controls" on corporate procedures used to determine drug prices.

  • EU Investment Tribunal Reform Fails to Satisfy Activists

    March 16, 2017

    A recent consultation by the European Commission on its plans to replace "investor-state dispute settlement" systems in future trade deals with a Multilateral Investment Court, aimed at replacing ad hoc decision-making with a permanent dispute-settlement structure, signaled disappointment with the lack of ambitious reform in the EU proposal.

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