Ahmed’s observation was shared by Isabel Ortiz, the former director of social protection at the United Nations’ International Labor Organization, whoAustralia’s original proposal “would have exposed unprecedented details about companies’ tax affairs in each country they operate,”reported, aiding efforts to crack down on tax evasion by forcing an estimated 21% of the world’s multinational corporations — including many of the biggest firms in history — to come clean about “how much of their...
observed, “For the past decade the OECD has spearheaded global efforts to close loopholes and restrict the use of tax havens after it was asked by the G20 in 2013 to address the growing problem of corporate tax avoidance.”