Obama likely to address corporate tax avoidance at G20: White House
- Wall St dips on Trump protectionism, Qualcomm drag
- Yahoo! (YHOO) Tops Q4 EPS by 4c; Sees Verizon Deal Closing in Q2, Not Q1
- Aetna's (AET) Humana (HUM) Takeover Blocked by Judge as Anticompetative
- Trump signs order withdrawing U.S. from Trans-Pacific trade deal
- Qualcomm (QCOM) Thrashed as Apple (AAPL) Lawsuit Threatens Licensing Business Model
U.S. President Barack Obama delivers remarks to the Pacific Islands Conference of Leaders at the East West Center in Honolulu, Hawaii, U.S. August 31, 2016. REUTERS/Jonathan Ernst
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
ABOARD AIR FORCE ONE (Reuters) - President Barack Obama will likely have discussions with world leaders at the upcoming G20 meeting in China about controlling corporate tax avoidance and creating a more fair global tax system, the White House said on Thursday.
The EU ruled this week ruled that Apple must pay $13 billion euro ($14.5 billion) in back tax payments, a decision the Obama administration has criticized.
White House spokesman Josh Earnest said he did not expect headlines about progress on corporate tax avoidance from the G20 meeting of global economic leaders that runs Sunday through Monday.
"But I would anticipate that this is an issue that the President will engage in, in the context of discussions at the G20," Earnest said.
(Reporting by Roberta Rampton, editing by G Crosse)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Yahoo revenue rises 15.4 percent amid Verizon deal uncertainty
- U.S. SEC says shipowner OSG, former CFO, charged over tax evasion
- Two Polish brothers jailed in Britain in modern slavery conviction
Create E-mail Alert Related CategoriesReuters
Related EntitiesBarack Obama
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!