The Latest Breaking News from OECD

When it comes to taxing the super rich, there’s no need to reinvent the wheel

Any new tax on the rich won’t raise much money unless many of the exceptions and loopholes are dealt with

The Guardian - US · Jun 28

Spain removes Gibraltar from its tax haven list after 35 years, adds Russia

The Spanish Ministry of Finance has updated its list of non-cooperative jurisdictions, removing Gibraltar after 35 years and adding Russia, in line with the European Union's position

Euronews · Jun 28

Immigration Has Fueled Growth Across Wealthy Nations for Decades, Study Concludes

A rise in immigration equivalent to 1% of a country's population was associated with a 1.2% increase in GDP per worker within five years and a 1.9% increase after a decade, according to a new paper.

International Business Times · Jun 26

Ukraine-Russia war latest: Zelensky threatens Kyiv will pre-emptively attack Putin’s facilities linked to war

Trump says 'courageous' Zelensky is 'doing pretty well' in the war against Russia

The Independent UK · Jun 24

Investment policy talks amid new top-up tax

The Finance Ministry is to meet relevant state agencies to discuss investment promotion following Thailand's introduction of a top-up tax measure, said a ministry source who requested anonymity.

Bangkok Post · Jun 22

OECD bid hinges on 'rule-of-law' fix

Thailand's bid to join the Organisation for Economic Co-operation and Development (OECD) is a crucial opportunity to address deep-rooted structural weaknesses, particularly rule-of-law shortcomings that undermine investor confidence and competitiveness, a forum was told.

Bangkok Post · Jun 16

OECD quest spurs reform

Thailand is undertaking one of the most ambitious legal and regulatory reform programmes in its modern history as the government seeks to secure membership in the Organisation for Economic Co-operation and Development (OECD) by 2028, says Deputy Prime Minister Pakorn Nilprapunt.

Bangkok Post · Jun 16

Thailand joining tax information sharing system

The cabinet has approved Thailand’s participation in an international tax information exchange framework to support adoption of the OECD-led global minimum tax on corporations.

Bangkok Post · Jun 16

China's subsidy edge poses biggest challenge to Make in India

As Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese businesses that enjoy significant state backing. An OECD report underscores the disparity, revealing that Chinese firms are often recipients of extensive subsidies, tax incentives, and affordable credit, which gives them a much-needed edge.

The Economic Times · Jun 15

Minister defends changes to UK workers’ rights against costs backlash

Kate Dearden says reforms such as enhanced sick pay simply bring UK into line with other big economies

The Guardian - UK · Jun 14