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European Commission proposes new tax rules to support e-commerce and online businesses in the EU

Brussels, 1 December 2016

The European Commission has today unveiled a series of measures to improve the Value Added Tax (VAT) environment f...

IMF and the Danmarks Nationalbank Amend Borrowing Agreement to Increase Lending Capacity to Low-Income Countries by an Additional SDR 300 Million

December 2, 2016

The International Monetary Fund (IMF), as Trustee of the Poverty Reduction and Growth Trust (PRGT), has entered into an ame...

UK boost to small businesses as payment reporting rules unveiled for large firms

2 December 2016

UK government sets out measures to increase transparency of payment practices to support small firms ahead of Small Business...

World Bank Group Commits $1.3 Billion Support for Madagascar

PARIS, December 2, 2016

The World Bank Group pledged $1.3 billion over the next three years to support Madagascar’s development through its...

The tax-to-GDP ratio in 2015 continued to vary by 1 to 2 across the EU Member States

25 November 2016

The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of GDP, stood at 40.0%...

Start-up and Scale-up Initiative: a mixed bag

25 November 2016

The European Commission’s Start-up and Scale-up Initiative contains some positive elements mixed with others of less obvio...

OECD marks Poland’s 20 years of membership, sets out path to a more knowledge-based economy

November 25, 2016

Poland has achieved impressive progress in improving the living standards of its citizens over the past 20 years but needs...

Spurred by patent and trademark applications in China, global innovation flies high – UN agency

PhotoWilier Triestina's Twinblade aerodynamic design bicycle was among a wide selection of products or projects featured at the exhibition “Italian...

On Africa Industrialization Day, Ban urges financing 'engines of development' to realize continent's potential

Photo:A textile factory in Lesotho.

20 November 2016
In his message on Africa Industrialization Day, United Nations Secretary-General...