OECD TAX REPORT
March 1st, 2004
Keith NuthallTHE ORGANISATION for Economic Cooperation and Development (OECD) has claimed it is making headway in chasing so-called "harmful" tax regimes from the world's statute books, claiming 18 have been scrapped since the year 2000 and another 14 have been reformed. Of the 47 systems identified as harmful by the OECD at the turn of the century, 13 have - following further analysis - been found "not top be harmful" by OECD officials, leaving just two in the frame. These are Switzerland's so-called 50/50 practice (previously called its administrative company ...
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