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UPDATE 1-Germany wants monitoring of new regime to fight corporate tax dodging

2015-10-09 06:27:31| Telecom - Topix.net

German Finance Minister Wolfgang Schaeuble said on Thursday he would propose a monitoring scheme to ensure the full implementation of a proposed system to overhaul the way international companies are taxed. The Organisation for Economic Cooperation and Development published proposals on Monday to change outdated tax rules that allow multinational companies such as Apple Inc and Vodafone Group Plc to pay almost no tax on their profits in many jurisdictions.

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