Saturday, July 20, 2013


G20 supports global taxation reform:Russia

|Blog ---
MOSCOW,- The Group of Twenty (G20) nations will back a global taxation reform which will help avoid double taxation and consolidate the taxation base, Russian Finance Minister Anton Siluanov said Friday.

The international community has been drafting a document on major changes of the existing taxation system, Siluanov told reporters on the sidelines of a meeting of the G20 finance ministers.

"We are considering the question to revise the model agreement over the avoidance of double taxation. We are ready to consider the conclusion of a multi-party agreement on this issue, but not bilateral agreements as now," Siluanov said.

A multilateral agreement will be "more efficient" than simply upgrading bilateral agreements over the avoidance of double taxation, he said.

An action plan on taxation reform, drafted by the Organization for Economic Cooperation and Development (OECD), offered 15 measures to "drastically" change the global taxation system, OECD Secretary General Angel Gurria told reporters here.

The OECD and the G20 nations vow to fight against the use of interstate differences for profit transfer in certain "tax harbors, " said Gurria, adding the action plan will not set unified tax rates.

Siluanov also said that the reform will toughen rules on taxing multinational corporations to tackle the problem of tax avoidance.

The recommended measures could be fulfilled successfully only if all countries adopt them, regarding the global nature of today' s world economy, Siluanov said, adding that the G20 nations decide to adopt the action plan.
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Well, the way they make shows is, they make one show. That show's called a pilot. Then they show that show to the people who make shows, and on the strength of that one show they decide if they're going to make more shows.

Like you, I used to think the world was this great place where everybody lived by the same standards I did, then some kid with a nail showed me I was living in his world, a world where chaos rules not order, a world where righteousness is not rewarded. That's Cesar's world, and if you're not willing to play by his rules, then you're gonna have to pay the price.

You think water moves fast? You should see ice. It moves like it has a mind. Like it knows it killed the world once and got a taste for murder. After the avalanche, it took us a week to climb out. Now, I don't know exactly when we turned on each other, but I know that seven of us survived the slide... and only five made it out. Now we took an oath, that I'm breaking now. We said we'd say it was the snow that killed the other two, but it wasn't. Nature is lethal but it doesn't hold a candle to man.

You see? It's curious. Ted did figure it out - time travel. And when we get back, we gonna tell everyone. How it's possible, how it's done, what the dangers are. But then why fifty years in the future when the spacecraft encounters a black hole does the computer call it an 'unknown entry event'? Why don't they know? If they don't know, that means we never told anyone. And if we never told anyone it means we never made it back. Hence we die down here. Just as a matter of deductive logic.