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Banker Pushes for Global Corporate Tax Reporting
November 29, 2016
Arguing that few multinational companies consider the societal need for them to pay "a fair amount of tax," Sasja Beslik of the financial services group Nordea writes that the only practical way for governments to promote corporate tax transparency is to force businesses to disclose their revenues and tax payments in every jurisdiction in which they operate.
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Rights Activists Call for Rejection of Trade Deals
November 29, 2016
A set of nongovernmental organizations have issued a statement calling for the rejection of various international trade agreements for failing to integrate the global human rights agenda, including economic and social rights, into their provisions and seeking the completion of "human rights impact assessments" prior to the adoption of any future trade deal.
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Businesses Support "Decarbonisation" at COP22 Meeting
November 28, 2016
At the recent UN Climate Change Conference (COP22) in Marrakesh, Morocco, a gathering of business representatives signaled the growing commitments within the private sector to support UN initiatives aimed at the "radical decarbonisation of the global economy” as part of the international organization's agenda on combating global warming.
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NGOs Seek Robust Carbon Market Mechanism
November 28, 2016
The Carbon Market Watch Network of nongovernmental organizations has released a policy briefing calling for the establishment of a new UN body to monitor the global reporting and trading of carbon emissions "allowances" aimed at combating climate change under the UN climate deal that entered into force earlier this month.
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EU Considers Deterring "Aggressive" Tax Advice
November 28, 2016
The European Commission has launched a public consultation on measures to deter tax advisers in the EU from proposing tax planning schemes to help corporations and others avoid taxes, including by implementing at the EU level a "mandatory disclosure scheme" for tax advice that might be viewed as overly "aggressive."