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Clash follows criticism of Paris-based organisation’s global deal by developing economies
Draft report says OECD deal favours richer countries at expense of developing nations
Organisation behind push for fairer corporate levies lobbied to water down disclosure rules
Shareholder groups say country-level disclosures could reveal risky strategies to avoid higher payments
Industry group rejects claim by public accounts committee as ‘surprising and unfounded’
Multinationals warn of ‘massive’ transfer of American taxpayer money into foreign government coffers
Lack of clarity on regulatory details from Riyadh creates ‘fear and panic’ among executives
Plus, a call for green hydrogen expansion in Europe
Bloc’s pledge to introduce levy expected to trigger wave of implementation across world
Business leaders voice concerns over taxes imposed by centre-left government in Oslo
Executives warn policy will lead to ‘impossible’ reporting requirements and urge ministers to wait for further guidance
Member states fear US will not implement OECD agreement to make multinationals pay more tax
Germany, France, Italy, Spain and Netherlands say they will implement OECD deal despite Hungarian opposition
Berlin puts pressure on Hungary to drop resistance to EU directive on 15% rate
Only a quarter believe accounting firms consistently follow spirit of the law
Officials are putting pressure on politicians, but have doubts over whether the US will ratify the deal
Finance minister Bruno Le Maire pushes for EU workaround to approve minimum tax rate for big companies
India, South Africa, Argentina, Senegal and Indonesia to take part in G7 deliberations
German, Italian and Slovak importers reported a drop in gas supplies yesterday
Settlement follows probe by prosecutors into claims US fast-food chain diverted income abroad
HM Revenue & Customs says residents had £850bn in accounts overseas but it does not estimate if tax paid on this
Implementation of agreement will not happen until 2024 at the earliest, says secretary-general
Commission wants to raise money by selling €20bn worth of surplus carbon allowances
US regulator decides issue of disclosure can be put to shareholder vote after institutional pressure
Warsaw move holds up implementation of landmark reform agreed last year
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