September 17, 2014
Paris, 17 September 2014 – BIAC responds to the first set of BEPS consensus reports and recommendations released by the OECD on seven areas of the BEPS Action Plan.
The OECD released yesterday its first recommendations for a co-ordinated international approach to combat tax avoidance under the OECD/G20 Base Erosion and Profit Shifting Project (BEPS).
September 10, 2014
Melbourne, 10 September 2014 – Daniel Funes de Rioja, President of the International Organisation of Employers (IOE), and Phil O’Reilly, Chair of BIAC, addressed the G20 Labour and Employment Ministers in Melbourne today as part of the B20 delegation, pointing to the potential of private sector-led growth for job creation.
At the meeting, Steve Sargent, member of the Australian B20 Leadership Group, and coordinating Chair of the B20 Human Capital Task Force, led the business presentations, emphasising key B20 recommendations including the need for structural flexibility, consistent and effective business regulation and for dismantling the barriers inhibiting entrepreneurs from starting and growing businesses and creating jobs.
August 27, 2014
Paris, 21 July 2014 – BIAC welcomes the OECD Commentary on Common Reporting Standard (CRS) that was released today as another milestone in the OECD’s considerable effort to assist jurisdictions in implementing consistently the regime for Automatic Exchange of Information (AEOI).
In September 2013, the G20 Leaders committed to automatic exchange of information as the new global standard of cooperation between tax administrations, and fully supported the OECD work aimed at presenting such a single global standard in 2014. The substantial progress made this year will help facilitate bringing into effect relatively soon the procedures for identifying customers’ tax residences and exchanging relevant financial information between tax authorities.
July 18, 2014
Sydney, 18 July 2014 – The international business community is looking at the OECD for knowledge and leadership in the run up to the Australian G20 summit in November.
“The OECD is in a unique position to advise governments on the benefits of open markets and structural reforms”, said Phil O’Reilly, Chair of BIAC, the business advisory committee at the OECD, at a meeting with OECD Secretary General Ángel Gurría and G20 business leaders in Sydney. “G20 governments must engage in tangible action to encourage investment and private sector-led growth”, said O’Reilly, referring to the G20 target of 2 percent average growth for their economies over the next five years.
June 27, 2014
Paris, 27 June 2014 – Business and OECD leaders met yesterday and today to discuss the challenges and the good value of implementing responsible business in local and global markets.
On 26 and 27 June, a strong BIAC delegation participated in the 2014 Global Forum on Responsible Business Conduct, which gathered more than 700 participants from the international community at the OECD in Paris. The event was opened by OECD Secretary-General Angel Gurria and the Dutch Minister for Foreign Trade and Development Co-operation Lilianne Ploumen.
June 24, 2014
Paris, 24 June 2014 – What differentiates women’s entrepreneurship? What challenges women in initiating new and growing their businesses? These questions were at the center of discussions during a BIAC Workshop on Women and Entrepreneurship that brought together companies, entrepreneurs, governments and the OECD today.
June 23, 2014
Paris, 23 June 2014 – Private sector initiatives remain key to driving the advancement of women in the workplace. But, progress remains slow and uneven, according to Putting All our Minds to Work: An Assessment, a business survey report released today by BIAC and Deloitte Touche Tohmatsu Limited (Deloitte Global).
June 4, 2014
Washington, D.C., June 4, 2014 – With governments from the G20 and other advanced economies moving forward in an effort to rewrite global corporate tax rules, officials from the Organization for Economic Cooperation and Development (OECD) joined national policy makers, business executives and other tax experts to review progress and plot a realistic path forward.
May 5, 2014
Paris, 5 May 2014 - BIAC publishes the results of its Economic Policy Survey and calls for urgent reduction of the regulatory burden on business.
Confronted with a lacklustre global recovery, the business community looks to policymakers to enforce urgent and decisive policy reforms that will unleash economic growth. In support to these efforts, the BIAC Economic Policy Survey released today provides business views from 23 countries around the world on their top priorities for reform.
April 18, 2014
Tokyo, 18 April 2014 – At the 2nd OECD Global Forum on VAT held in Tokyo, BIAC supported endorsement of new OECD International VAT/GST Guidelines to remove VAT/GST obstacles to cross border trade in services and intangibles.
Karl-Heinz Haydl, Business Co-Chair of the OECD VAT Technical Advisory Group (TAG) stated, “The Guidelines endorsed by OECD to develop an International VAT/GST framework are an important foundation for further work on VAT issues related to business to consumer services (B2C) including administrative co-operation and exchange of information, and other implementation issues. Business is highly committed to support the future work of the OECD on indirect tax and encourages the OECD and governments to continue development of the OECD VAT/GST Framework”.