27 — President Barack Obama will travel to
for a G20 summit, followed by stops in the
and
for meetings with world leaders next month, the White House said yesterday.
At the G20 summit, leaders from the world’s major
economies are due to give final approval to a new plan to crack down on tax
evasion by multinational corporations that costs countries at least US$100
billion (RM425.405 billion) a year.
economies are due to give final approval to a new plan to crack down on tax
evasion by multinational corporations that costs countries at least US$100
billion (RM425.405 billion) a year.
The 15-point plan aims to tackle low tax bills for the
likes of Google, Apple and McDonald’s, which have managed to sharply reduce
their taxes while remaining within the law, provoking public outrage in recent
years.
likes of Google, Apple and McDonald’s, which have managed to sharply reduce
their taxes while remaining within the law, provoking public outrage in recent
years.
Obama “will spur international efforts to ensure
strong, sustainable and balanced global economic growth” during the talks,
White House spokesman Josh Earnest said in a statement.
strong, sustainable and balanced global economic growth” during the talks,
White House spokesman Josh Earnest said in a statement.
- See more at:
http://www.themalaymailonline.com/world/article/white-house-obama-traveling-to-malaysia-next-month#sthash.LQhZRbYw.20HzsHBr.dpuf
http://www.themalaymailonline.com/world/article/white-house-obama-traveling-to-malaysia-next-month#sthash.LQhZRbYw.20HzsHBr.dpuf
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