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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."
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EU Council Agrees Criteria for Tax "Blacklist"
November 28, 2016
The Council of the EU has agreed on criteria for penalizing jurisdictions that, in the view of EU member states, are not sufficiently cooperative with the EU in their corporate taxation policies and thus purportedly contribute to corporate tax avoidance.
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UN Chief Lauds Report Pushing for Cheaper Drugs
November 22, 2016
UN Secretary-General Ban Ki-moon has welcomed a report from his High-Level Panel on Access to Medicines and called for countries to review and implement its recommendations, including on disconnecting drug costs from research and development and increasing government flexibility on respecting intellectual property rights.
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ILO Seeks Regulation of "Non-Standard Employment"
November 22, 2016
The UN's International Labour Organization has issued a report calling on countries to address the rise of "non-standard employment" - including self-employment, temporary and part-time work, and subcontracting - in order to ensure employees are receiving universal "social protection" and can exercise their "right to organize and bargain collectively."
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Academic: Transform Bank Lending to Save Climate
November 22, 2016
Arguing that "our economic system is incompatible with life on this planet" due to the need for economic growth to pay down debts, Jason Hickel of the London School of Economics writes that an "exciting solution" to stopping climate change is to slow economic growth by requiring banks to back 100% of the loans they issue with hard currency.