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OECD Praises Progress on "Preferential Tax Regimes"
December 07, 2017
In October, the Organisation for Economic Co-operation and Development (OECD) issued a press release touting the progress of its efforts to implement global rules on "preferential tax regimes" as part of an "international tax framework" that seeks to capture more corporate taxation in countries around the world.
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NGOs Oppose EU Plans for Global Investment Court
December 07, 2017
Fabian Flues of Friends of the Earth Europe highlights the dissatisfaction of European human rights and environmental activist organizations with European Commission plans for a Multilateral Investment Court that handles investor complaints against government regulations, warning that it will become "a global VIP court for corporations."
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French Bank Pulls Funding from Oil, Gas Projects
December 07, 2017
Bloomberg reports that French bank BNP Paribas has promised to stop financing companies whose main business is shale and oil sands projects, as well as oil and gas projects in the Arctic region, as part of its efforts to limit greenhouse gas emissions and fulfill the UN's agenda against climate change.
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NGO Calls on Israeli Banks to Cease Settlement Activities
December 07, 2017
In September, Human Rights Watch published a report warning that the operation of Israeli banks in settlements in "occupied West Bank" territories, including financing construction, constitutes a potential human rights violation and calling on all Israeli banks to cease doing business with or in these settlements.
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Article Calls for Global Corporate Taxation Regime
December 07, 2017
Columbia University Professor José Antonio Ocampo and former UN Special Rapporteur Magdalena Sepúlveda Carmona write that it is time for the UN to host discussions on "global tax reform" that would ensure businesses cannot avoid taxation in poor countries that need funding for "economic, social, and cultural human rights."
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