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UN Center Reviews Push for Business Action on SDGs
December 13, 2016
Meeting in Istanbul, the UN Development Programme's International Center for Private Sector in Development reviewed its recent work in pushing businesses around the world to scale up funding in support of the UN's comprehensive Sustainable Development Goals (SDGs).
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OECD Report Pushes "Tax Mobilisation" in Asia
December 13, 2016
A report from the Organisation for Economic Co-operation and Development (OECD) examining the proportion of tax revenue to economic activity in Southeast Asian countries finds that "scope remains for increased tax mobilisation" from corporations in the region.
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OECD Instrument Closes Tax Treaty "Loopholes"
December 13, 2016
The Organisation for Economic Co-operation and Development (OECD) has announced the conclusion of negotiations over a global convention that will transpose the OECD's corporate tax avoidance measures into over 2,000 tax treaties to prevent the shifting of corporate profits to low-tax jurisdictions.
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France Implements EU Law on Israeli Settlement Products
December 12, 2016
The Independent reports that the French government has become the first in the EU member states to transpose EU regulations into national law requiring that businesses specify on labels of products made in West Bank settlements that they are from an "Israeli settlement" to avoid misleading consumers.
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Report Finds BHR Redress Mechanisms Lack Effectiveness
December 12, 2016
A report produced by an academic research organization called Corporate Accountability Research finds that transnational non-judicial mechanisms established to provide remedies for business and human rights (BHR) violations currently lack the authority to provide effective redress to alleged BHR victims.