Tag "OECD"
Is Luxembourg’s tax haven status in jeopardy?
Former Luxembourg prime minister Jean-Claude Juncker’s election as president of the EU Commission could threaten Luxembourg’s long-held status as a European tax haven. Last Tuesday, the European Commission announced in its
Argentina pushes for global debt restructuring mechanism
Argentina’s recent default has renewed interest in sovereign debt restructuring. And while developed countries still oppose the idea, placing it under the IMF may ease negotiations. Sovereign debt – the
Latin America still low on ‘Ease of Doing Business’ scale
The ‘Ease of Doing Business’ ranking has improved for Latin American countries since 2005, but important regulatory areas such as tax law, contract enforcement, and commercial lending need to be overhauled
Colombia risks being caught in middle-income trap
Colombia is becoming a popular Latin American investment market. But if Bogotá wants to grow beyond the middle-income range and become a long term-investment destination, the government will have to emphasize better governance
US corporate tax backlash keeps OECD at arm’s length
OECD efforts to develop international rules for corporate tax avoidance are necessary, if not overdue. The US, however, is playing politics, in spite of its own pressure on foreign governments
After IMF inequality report, what’s next for US tax policy?
The IMF has joined in on the income inequality debate, arguing that rising inequality is depressing economic growth and fueling political instability. Although the issue remains polarizing in the United
FATCA a big leap in tax enforcement
The US pushes to strengthen tax enforcement with an act set to come into force this July. The benefits are clear, but it remains to be seen how the costs of the