BFW 09/19 02:40 *LEW SAYS TREASURY PREPARED TO TAKE ACTION ON INVERSIONS
BFW 09/19 02:40 *U.S. NEEDS BUSINESS TAX REFORM, LEW SAYS
BN 09/19 02:40 *U.S. NEEDS BUSINESS TAX REFORM, LEW SAYS
BN 09/19 02:40 *U.S. TREASURY CHIEF JACOB LEW COMMENTS IN STATEMENT AT G-20
BN 09/19 02:40 *LEW SAYS 'MORE WORK NEEDED' FOR FASTER GLOBAL GROWTH
BN 09/19 02:40 *LEW SAYS WORK NEEDED FOR SAFER, SOUNDER FINANCIAL SYSTEM
BN 09/19 02:40 *LEW SAYS TREASURY PREPARED TO TAKE ACTION ON INVERSIONS
BN 09/19 02:40 *LEW SAYS FSB MADE PROGRESS ON LOSS-ABSORBING CAPACITY
BN 09/19 02:40 *LEW: PUBLIC, PRIVATE INVESTMENT KEY TO BOOSTING GROWTH
BFW 09/19 02:40 *U.S. NEEDS BUSINESS TAX REFORM, LEW SAYS
BN 09/19 02:40 *U.S. NEEDS BUSINESS TAX REFORM, LEW SAYS
BN 09/19 02:40 *U.S. TREASURY CHIEF JACOB LEW COMMENTS IN STATEMENT AT G-20
BN 09/19 02:40 *LEW SAYS 'MORE WORK NEEDED' FOR FASTER GLOBAL GROWTH
BN 09/19 02:40 *LEW SAYS WORK NEEDED FOR SAFER, SOUNDER FINANCIAL SYSTEM
BN 09/19 02:40 *LEW SAYS TREASURY PREPARED TO TAKE ACTION ON INVERSIONS
BN 09/19 02:40 *LEW SAYS FSB MADE PROGRESS ON LOSS-ABSORBING CAPACITY
BN 09/19 02:40 *LEW: PUBLIC, PRIVATE INVESTMENT KEY TO BOOSTING GROWTH
Lew Says Work Needed for Safer, Sounder Financial System
2014-09-19 02:51:08.280 GMT
By Ian Katz
Sept. 19 (Bloomberg) -- Remarks of Treasury Secretary Jacob
Lew at the G-20.
* Global economy continues to underperform
* More work needed to achieve faster, more balanced growth
* Welcome progress made by FSB, and emerging consensus on a
total loss absorbing capacity proposal
* Important work being done to level playing field by helping
combat tax evasion and tax avoidance by MNCs
* In the U.S., we need business tax reform with anti-inversion
provisions to close loopholes and make tax system more
competitive
* NOTE: EU to Urge G-20 Action on Global Banks’ Loss-Absorbing
Capacity {NSN NC3RYP6K50Y0 <go>}
* NOTE: Biggest Economies Plan to Keep G-20 Growth Pledge,
Official Says {NSN NC3PWK6S972E <go>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Ian Katz in Washington at +1-202-624-1827 or
ikatz2@bloomberg.net
To contact the editor responsible for this story:
Rina Chandran at +65-6311-2417 or
rchandran12@bloomberg.net
2014-09-19 02:51:08.280 GMT
By Ian Katz
Sept. 19 (Bloomberg) -- Remarks of Treasury Secretary Jacob
Lew at the G-20.
* Global economy continues to underperform
* More work needed to achieve faster, more balanced growth
* Welcome progress made by FSB, and emerging consensus on a
total loss absorbing capacity proposal
* Important work being done to level playing field by helping
combat tax evasion and tax avoidance by MNCs
* In the U.S., we need business tax reform with anti-inversion
provisions to close loopholes and make tax system more
competitive
* NOTE: EU to Urge G-20 Action on Global Banks’ Loss-Absorbing
Capacity {NSN NC3RYP6K50Y0 <go>}
* NOTE: Biggest Economies Plan to Keep G-20 Growth Pledge,
Official Says {NSN NC3PWK6S972E <go>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Ian Katz in Washington at +1-202-624-1827 or
ikatz2@bloomberg.net
To contact the editor responsible for this story:
Rina Chandran at +65-6311-2417 or
rchandran12@bloomberg.net