- Prison Planet.com - http://www.prisonplanet.com -
How big tech stays offline on tax
Posted By admin On July 23, 2013 @ 11:01 am In Money Watch | Comments Disabled
July 23, 2013
Big business was having none of it. In January 2013, a lobby group which represents the largest corporations in the world wrote a letter to the body that drafts the rules on taxing multinationals. The letter focused on a small change to an obscure document, but one that was significant enough to worry Will Morris, Director of Global Tax Policy at U.S. industrial giant General Electric Co.
The letter, which Morris wrote in his capacity as head of the Business and Industry Advisory Committee lobby, was addressed to Pascal Saint-Amans, head of the Center for Tax Policy at The Organisation for Economic Co-operation and Development (OECD), a group of 34 mainly rich economies including the United States.
It expressed concern about the proposed language in an updated tax convention. Morris wrote – 13 times in all – that his group was “concerned” about the proposal, but had been ignored. Submissions on the OECD’s website show that lobbyists, especially those representing tech firms, had been voicing such fears for more than a year.
Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/how-big-tech-stays-offline-on-tax.html
URLs in this post:
 Reuters: http://www.reuters.com/article/2013/07/23/us-tax-bigtech-idUSBRE96M08W20130723
 Nowhere to hide: New Facebook app to track offline users – report: http://www.prisonplanet.com/nowhere-to-hide-new-facebook-app-to-track-offline-users-%e2%80%93-report.html
 Low-Tech Solutions To High-Tech Tyranny: http://www.prisonplanet.com/low-tech-solutions-to-high-tech-tyranny.html
 FBI Seizes Servers, Knocks Websites Offline: http://www.prisonplanet.com/fbi-seizes-servers-knocks-websites-offline.html
 Pachy stays: http://www.prisonplanet.com/pachy-stays.html
 Fukushima in freefall: radioactive water filters taken offline: http://www.prisonplanet.com/fukushima-in-freefall-radioactive-water-filters-taken-offline-tepco-in-desperation-as-leaks-just-wont-stop.html
Copyright © 2013 PrisonPlanet.com. All rights reserved.