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Survey Shows Complexity of Forced Labor Reporting
October 28, 2016
A recent survey describing corporate responses to UK legislation requiring companies to publicly report their efforts to end forced labor in their supply chains shows the complexity companies face in gathering data and developing "remedial action plans" to fulfill the goals of the legislation.
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EU Centralizes Policies on Corporate Tax Calculation
October 27, 2016
The European Commission has announced its proposal for a Common Consolidated Corporate Tax Base, which imposes a single system throughout the EU for calculating taxable corporate profits and discourages so-called "aggressive tax planning" by multinational companies to avoid paying taxes in EU member states.
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NGOs Publish Principles of Ideal BHR Treaty
October 27, 2016
Basing its recommendations on a series of consultations with nongovernmental organizations promoting the global human rights agenda, a pair of human rights coalition groups have produced a set of legal principles for inclusion in a binding UN business and human rights treaty that would require countries to impose robust BHR requirements on their businesses.
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MEPs Adopt Resolution on BHR Labeling, Liability
October 27, 2016
Members of the European Parliament have adopted a resolution calling on EU institutions to require companies to place "abuse-free" labels on their products, pushing EU member states to include rules on business and human rights liability in their trade agreements, and seeking greater efforts to provide BHR remedies throughout the bloc.
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AI Rates Tech Companies on Privacy
October 27, 2016
CBS News reports that Amnesty International has rated the privacy of technology companies' communication services, including the encryption of pictures and messages and corporate policies on sharing data with law enforcement authorities, as AI stresses the importance of private online communication as part of the global human rights agenda.