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The latest business and finance news from around the world, on the BBC.

World Business Report: Europe Pledges Action on Tax

22/05/2013

Europe Pledges Action on Tax

BBC World Service - World Business Report, Europe Pledges Action on Tax

As the row  over tax avoidance grows how likely is a reform of tax policies?

As the row  over tax avoidance grows how likely is a reform of tax policies? Plus, will India opt for private or public healthcare?

Leaders of the European Union have pledged action to crack down on tax avoidance and evasion, which is estimated to cost the continent upwards of 1.3 trillion dollars a year. Meanwhile as the row grows over tax avoidance by multinational firms, the head of Google, Eric Schmidt, said it was up to governments not companies to decide tax policies. We ask how likely reform is - and how easy it would be. We also hear from the charity Oxfam, who say individuals using tax havens are depriving the developed and developing world of huge amounts of cash. Also we speak to the German software developer SAP, which has pledged to hire hundreds of people with autism. Also will India opt for private or public healthcare to improve the lives of its citizens - and who are the world's most powerful women?

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