PARIS, France (Reuters) – About 70 countries on Wednesday (June 7) launched a new international tax convention to prevent multinational companies from “treaty shopping” for jurisdictions most favorable to their tax bills. Ministers from major economies signed the new tax pact at the Organization for Economic Cooperation and Development (OECD) in Paris, which said more countries were likely to join in the coming weeks. The new agreement will replace more than 1,100 bilateral tax treaties, […]