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December 25, 2023
TOKYO (Kyodo) -- Japan's nominal gross domestic product per capita stood at $34,064 in 2022, ranking 21st among the 38 members of the Organisation for
December 22, 2023
With the October order, the Supreme Court seems to have rocked the boats of MNCs by this restrictive interpretation on tax concession with MFN status, writes Chartered Accountant S Murlidharan.
December 20, 2023
Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...
December 19, 2023
Korea has the highest poverty rate of senior citizens in the Organisation for Economic Co-operation and Development (OECD), with 40.4 percent of those aged 65 or older having an income lower than half the median income of the total population, according to an OECD report, Tuesday.
December 19, 2023
Amid global skepticism toward intellectual capital in the late '90s, the 21st century sees ESG defining company competitiveness through environmental,...
December 18, 2023
GUEST OPINION: The invention of the PC and the Internet created digital revolutions that changed our world. The arrival of mainstream artificial intel...
December 16, 2023
Since January, more than $540 billion has passed through the tax shelters of the largely unknown island of Labuan. Here's why the rich are increasingly hiding their money there.
December 15, 2023
PARIS: Growth is projected to almost halve in developed and big emerging market economies in the coming decades,...
December 14, 2023
The OECD forecasts a significant slowdown in growth for developed and major emerging economies, anticipating a nearly halved growth rate by 2060 due to workforce shrinkage and diminishing labor efficiency. This deceleration might necessitate a six-percentage-point increase in taxes by 2060 to maintain current debt levels in OECD nations. Accelerating the shift to cleaner energy, though affecting growth, could yield substantial revenue through effective carbon pricing schemes, potentially mitigat...
December 13, 2023
Argentina's President Javier Milei has sent a letter to the Organisation for Economic Co-operation and Development (OECD), formally requesting to start accession talks and do so "as fast as possible", according to three sources. Milei said in a letter - dated Dec. 11 but sent to the Paris-based organisation on Wednesday - that the country aims to "actively resume" the process of becoming an OECD member. Argentina is also looking forward to "comply with future step...