G20 governments sign agreement to combat cross-border tax evasionNovember 4, 2011 - 14:10 AMT PanARMENIAN.Net - Governments from the Group of 20 major rich and emerging economies have signed an agreement to work together to combat cross-border tax evasion. The G20 governments on Friday, November 4, marked the formal approval of the agreement whose supporters say it might help to raise tens of billions of dollars for cash-strapped governments. Under the agreement, the governments pledged to share information and cooperate in audits to help prevent companies and wealthy individuals from evading tax. Governments that have signed it include the United States, China, Russia, Germany, Japan and India. The agreement was written by the Organization for Economic Cooperation and Development, The Associated Press reported. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |