President Obama will travel to Turkey for the G20 Summit, followed by visits to Malaysia and the Philippines, it has been announced.
At the G20 Summit, leaders from around the world will give final approval to a new plan to crack down on tax evasion by multinational corporations that cost the US at least $100-billion a year.
The 15-point plan aims to tackle low tax bills for the likes of Google, Apple and McDonald’s, which have managed to sharply reduce their taxes while remaining within the law, provoking public outrage in recent years.
After the summit, Obama will stop in the Philippines for the Asia Pacific Economic Cooperation Summit – afterwards he will visit Malaysia for the US ASEAN and East Asia summits.
The visits will begin in November 14 and marked to have the President home in the US by November 22.
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