THE Philippines is joining a committee of the Organization for Economic Cooperation and Development (OECD) to take part in a joint effort by both developed and developing economies to address unfair and unjust tax avoidance and evasion by multinational firms.
The Department of Finance (DOF) said the Philippines is joining the OECD Committee on Fiscal Affairs (CFA) beginning January 2015 and will have a major role in steering the global response to base erosion and profit shifting.
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