September 5, 2013

G20 Nations to Take on Global Tax Avoidance

This post was written by: Aston Bond Law Firm

The worlds G20 nations are expected to make an agreement today to fight against tax avoidance by multinationals. While much of the gathering will be taken up by topics including Syria and the US financial stimulus programme it is expected that the G20 nations will sign an agreement putting further focus on tax avoidance.

The focus of these discussions will be the use of legal methods to avoid tax being used by the world’s biggest companies including Starbucks and Amazon. In recent months it has been revealed that many international companies have been using a number of legal methods to avoid tax, it is these methods which the G20 nations aim to put pressure on.

Ashton Hudson, Online Marketing Executive