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The midlife dip in well-being: Why it matters at times of crisis

Several economic studies, including many of our own (here and here), have found evidence of a significant downturn in human well-being during the midlife years—the so-called “happiness curve.” Yet several other studies, particularly by psychologists, suggest that there either is no midlife dip and/or that it is insignificant or “trivial.” We disagree. Given that this…

       




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No matter which way you look at it, tech jobs are still concentrating in just a few cities

In December, Brookings Metro and Robert Atkinson of the Information Technology & Innovation Foundation released a report noting that 90% of the nation's innovation sector employment growth in the last 15 years was generated in just five major coastal cities: Seattle, Boston, San Francisco, San Diego, and San Jose, Calif. This finding sparked appropriate consternation,…

       




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In the marijuana industry, size doesn’t always matter


In the marijuana reform conversation, one of the grandest boogeymen is “Big Marijuana.” Reform advocates, opponents of marijuana legalization, patients, consumers, media, and many others worry openly that the marijuana industry will consolidate into a corporate beast and a bad market actor reminiscent of Big Tobacco companies.

In a paper released earlier this month entitled, “Worry about bad marijuana—not Big Marijuana,” Jonathan Rauch and I engage the likelihood and risks of the emergence of such a corporate entity. Although the paper makes several points, we begin with a discussion of exactly what “Big Marijuana” means. What we find is that the concept is tossed around so frequently, assigned to so many different types of market actors, that it has ultimately lost meaning.

Often, the term is used to describe any large corporate entity or consolidation effort within the marijuana industry. In reality, standard corporate consolidation or the existence of large companies in an industry are basic aspects in capitalism. What’s more there are huge differences between marijuana industry actors today and Big Tobacco companies of the middle of the 20th century—in terms of size, scope, and market power to name a few. It should be expected that an industry that is young, fractured, and rapidly maturing will endure periods of consolidation and in the process, large and successful corporate entities will emerge. One should not assume, however, that such behaviors are sinister, suspect, or intent on engaging in immoral or illegal activities.

Nor should one assume that only large corporate entities can engage in bad behaviors. They surely can, but other market actors may as well. The policy conversation around marijuana industry structure often holds Big Marijuana up as the actor who will bring problems for enforcement, diversion, sale to minors, sale to problem users, etc. The reality is that a marijuana entity of any size can behave in many of those behaviors. The problem with an unending focus on industry structure or corporate size is that policymakers and regulators can give a pass to smaller actors who may engage in the types of behaviors people inside and outside of industry seek to avoid—those same types of behaviors we saw from the tobacco industry.

We argue there is a more sensible, safer step forward that begins with a simple premise. There are certain outcomes that the marijuana industry must avoid, and policy and regulation should preferably ban, but at least disincentivize those outcomes. We mention a few in the paper: antisocial marketing (marketing to children or problem users), regulatory capture, outcomes that hurt medical marijuana patients, and increasing barriers to entry and corporate crowd out—but others like diversion, illegal sales, and more must (and do) concern policy makers. In some cases, certain behaviors are more likely to come from larger corporate entities, but many behaviors can happen, independent of firm size.

There are a variety of ways to avoid some of these outcomes beyond a focus on firm size and corporate consolidation. Some of those options are highlighted by the RAND Corporation’s Drug Policy Research Center. In “Options and Issues Regarding Marijuana Legalization,” the authors argue a shift away from the corporate model—either through the use of non-profit entities or government operation of whole portions of the market (supply, retail, or both) can have real benefit. These approaches can allow regulators greater control over negative market actions and induce incentives focused on public health and good governance, rather than profit maximization. Those arguments are quite convincing, but as states continue to construct medical and recreational marijuana programs using the corporate model, it is important to consider policy approaches within that existing framework.

Thus, we recommend that regulators and policy makers not primarily focus on firm size, corporate consolidation, or the corporatization of the marijuana industry. Instead, they should work to avoid specific outcomes they see as unwanted or bad and pass laws, promulgate regulations, conduct information and education campaigns, and take whatever actions are necessary to stop them in their tracks. At the end of the day, one thing is clear: no one wants “Bad Marijuana” regardless of whether it comes from Big, Small, or Otherwise-Sized Marijuana.

Click through to read the full report, “Worry about bad marijuana—not Big Marijuana.”

Click through to watch the public event and paper release “Big Marijuana: How corporations and lobbies will shape the legalization landscape.”

Authors

Image Source: © Rick Wilking / Reuters
      
 
 




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Will foreign aid matter in the 2020 election?

Will foreign assistance and foreign policy matter to voters in the 2020 elections? At the 16th Annual Brookings-Blum Roundtable, Merrell Tuck-Primdahl—communications director of Global Economy and Development at Brookings—hosts a discussion with Brookings Senior Fellow E.J. Dionne, Jr.; Liz Schrayer, the president and CEO of U.S. Global Leadership Coalition; and Charlie Dent, former U.S. representative…

       




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Mitt Romney changed the impeachment story, all by himself. Here are 3 reasons that matters.

       




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No matter which way you look at it, tech jobs are still concentrating in just a few cities

In December, Brookings Metro and Robert Atkinson of the Information Technology & Innovation Foundation released a report noting that 90% of the nation's innovation sector employment growth in the last 15 years was generated in just five major coastal cities: Seattle, Boston, San Francisco, San Diego, and San Jose, Calif. This finding sparked appropriate consternation,…

       




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Why the Rules Mattered In the Nomination Race

Hillary Clinton was not ready on day one.

The autopsies of her defeat for the Democratic nomination contest all point to a series of early blunders by her campaign. Her campaign plan was simple: leverage her name recognition, early money lead, and organization to win the Super-Tuesday contests, thereby wrapping up the Democratic nomination in early February. As the inevitable winner, she could be the centrist candidate on the Iraq war and tout her experience as a problem solver.

But her over-confident and over-priced campaign consultants failed to recognize that in a “change” election, caucus attenders were not excited by an Iraq war centrist who also happened to be a Washington insider. Clinton’s lack of a plan to effectively contest the caucuses allowed Barack Obama to win what would be the all important delegate race, and more importantly, give him the mantle of momentum while she appeared mired in the mud at a crucial mid-February stage of the campaign.

But she was ready on day two.

She hit her stride late in the game by impressively winning a series of primary contests. All the more remarkable: she did so on a shoestring election-to-election budget while the media wrote her off as a spoiler. With a newfound voice that emphasized she was a populist who would fight for the people, her new message resonated particularly well as the economy continued to falter.

Unfortunately, by the time she retooled her message and got rid of the people who had driven her campaign into the ditch— campaign manager Patti Solis Doyle and chief strategist Mark Penn—it was already too late. Obama had built a nearly insurmountable lead in the delegate count.

It is here that the rules matter.

If states had not moved up or “frontloaded” the date of their primaries and caucuses, under the misimpression that doing so would give them a greater voice in the 2008 nomination, Clinton might be the Democratic nominee.

She would have received more delegates from Florida and Michigan, two states that she would have likely won if all Democratic candidates had vigorously campaigned, but was denied a full slate because these states violated party rules by holding their elections too early. Counting these contests was important for her delegate count and to her argument that she had won more popular votes than Obama.

If states had not frontloaded their primaries and caucuses, she would have recovered from her early stumbles before it was too late. She would have minimized damage from her disastrous February, when Obama racked up an impressive string of victories even in Virginia, where she might have done better given her later strength.

The irony is that Clinton was expected to benefit from frontloading. Only a candidate with name recognition, money, and organization could compete. Lesser candidates like Joe Biden, Chris Dodd, Mike Gravel, Dennis Kucinich, Bill Richardson and even John Edwards would be quickly weeded out of the field, leaving her with only one real opponent to dispense with.

The lesson is that frontloading does not well serve the nomination process. Running for president is an unrehearsed drill. Mistakes will be made. Candidates become better as they learn how to campaign and to craft messages that work. Democratic Party leaders will undoubtedly look hard over the next four years at what steps can be taken to even out the flow of the nomination contests.

While these lessons may resound loudly for Democrats, they apply equally well to Republicans. Democrats permitted the process to play out over a longer time by awarding delegates proportionately; Republicans brought their nomination to a faster close by awarding delegates by winner-take-all. John McCain became the inevitable winner of his party’s nomination without even winning a state’s vote majority before his opponents dropped like flies.

While Republicans have delighted in the continued fight among the Democrats, McCain has been in a holding pattern since winning his nomination. Unable to use his time effectively to make headway with the American public, he has incurred problems in his own party. As evidence, 30 percent of South Dakota and Montana Republican primary voters registered a protest vote by voting for someone else.

Perhaps McCain won his party’s nomination too soon. He lost to George Bush in 2000 and has yet to demonstrate that he can run an effective general election campaign. He would have benefited from being more strongly tested, making more mistakes, and learning from them in the primary season. Now, he and his campaign will have to learn on the job in the general election, while they face, in Obama, an opponent who has been tempered in his party’s nomination fire stoked by Clinton.

Plenty of time remains for McCain to make his mistakes and for Obama to make more—and for both to recover before November. Campaigns often become so knee-jerk reactive to criticisms of any mistake that they fail to recognize the value in the lessons that may be learned. The primary election season is thus a valuable period for candidates to plumb their strengths and shore up their weaknesses, and we need to find a way to restore it as such.

     
 
 




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Do Institutions Matter?

As a stunning tide of democratization sweeps across much of the world, countries must cope with increasing problems of economic development, political and social integration, and greater public demand of scarce resources. That ability to respond effectively to these issues depends largely on the institutional choices of each of these newly democratizing countries. With critics…

       




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Why we buy organic and fair trade: Feelings matter

New research identifies the emotions that motivate some people to make ethical choices day after day.




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What are "locked-in emissions" and why do they matter?

Also called "carbon lock-in," it's about time.




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Terroir matters as much for wood as it does for wine

A new organic winery for Pizzolato, designed by MADE, is built almost entirely out of local, sustainably harvested wood.




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Promoting Humanure Composting in Haiti and Why It Matters (Video)

The shocking photo above is of gigantic piles of human feces left in the open air at a dump in Haiti. While some in the "developed world" (I always hated that term), may turn their noses up when we recommend composting toilets




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Architectural critic: Embodied energy matters

Architects ignore it. "Heads of sustainability" ignore it. Critics have ignored it, but this may be changing.




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The UN's Rio+20 Conference Matters

Here's why the United Nations' Rio+20 Conference matters to everyone.




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eBee drones create 3D model of the Matterhorn

A group of the drones were sent to fly around the massive mountain and take HD photos that were then made into a rich 3D model.




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Jane Jacobs "Ideas That Matter" - Even More So Today (Book Review)

Jacob's unpublished writings, essays and speeches from half a century ago seem just as vital and current as the day they were written.




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The Lace Collection, Matteria shows off the romantic side of eco-design

Lace is back! A while ago Lloyd wrote about the California-based Eurolaces, believed to be the first company to offer 100% certified machine-made macramé style organic cotton lace trim for apparel or curtains. Now lace has become a theme amongst the




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Flame retardant pollution in Great Lakes is a serious matter, commission says

The International Joint Commission has developed a strategy for how U.S. and Canadian governments can address this toxic problem.




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Why buying Fairtrade cotton matters

It's great that you're buying Fairtrade coffee and chocolate, but now it's time to apply that standard to your wardrobe.




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Photo of the Day: Family matters with northern elephant seals

A female northern elephant seal protects her newborn pup as she warns away a young male with amorous intentions for her.




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'Walking the walk' matters when it comes to climate activism

The public wants to see activists practicing what they preach.




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Do personal consumption habits really matter in the climate emergency?

In a word, yes. We don't have to buy what they're selling.




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Particulate Matter levels in London Underground are 18 times as high as the air outside

And the air outside in urban London is pretty awful.




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Why building density matters as much as building efficiency

We'll always have Paris.




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Open streets and parks are a matter of equity and fairness

In many cities, politicians are looking at the world through their windshields.




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Words matter: When does someone die, and when is someone killed?

It seems that when there is a car involved, it's the former rather than the latter.




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Does size and weight matter in an electric car?

The new all-electric Porsche Taycan weighs in at about three tons. That means a lot of upfront carbon emissions.




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Op-ed: Why financial literacy matters in an economic crisis

A new survey finds nearly 9 in 10 Americans say the COVID-19 crisis is causing stress on their personal finances, highlighting the importance of financial literacy.




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Relaxations relating to procedural matters – Issues and Listing

Securities and Exchange Broad of IndiaCIRCULARSEBI/HO/CFD/DIL2/CIR/P/2020/78May 06, 2020ToAll Registered Merchant Bankers




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Antimatter Discovery Reveals Clues about the Universe's Beginning

New evidence from neutrinos points to one of several theories about why the cosmos is made of matter and not antimatter

-- Read more on ScientificAmerican.com




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this doesnt matter

Today on Toothpaste For Dinner: this doesnt matter


WE NEED YOUR HELP: Please chip in $1 or more on Patreon so I can continue to update Toothpaste For Dinner, Married To The Sea & The Worst Things For Sale online and updating daily. I can not do this without your support on Patreon.




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The less fortunate don't matter

India didn't exactly deal with COVID-19 the way most of the world did. Sure, there were the right noises made at regular intervals, the inane PR-exercises that are now a given from a government that picks up tips from reality television rather than qualified professionals, and some genuine, good work in states like Kerala. For millions of us, unfortunately, this was another excuse to do what we do best: pick on those who cannot fight back.

Thousands of words were expended at every stage of the outbreak on blame games that had no reason to exist. We could have used that airtime and column space to ask those elected to govern us why they had done very little. Instead, many of us chose to vilify Indians for doing what we would all have done, had we been compelled to live under the circumstances they had no choice but to accept.

Millions of us had the luxury of staying home without worrying about where our next meals would come from. The lockdown didn't prevent us from hoarding vegetables and fruit, medicine, or even alcohol, because we could worry about mundane things like running out of vodka. Yes, there were many of us who had to deal with unemployment and the inability to pay rent, but I kept thinking of those without a safety net — the men, women, and children forced to walk hundreds of kilometres without food or water, whose lives made our crises pale in comparison.

When hundreds of migrant workers gathered at Bandra in a desperate attempt to get home, anchors on television railed against their insensitivity and complained about the government of Maharashtra. None stopped to evaluate why those workers were on the street in the first place, putting their lives and those of their families at risk simply because they were in a place none of them could call home. As someone born and raised in Bombay, I struggled to get a sense of what that must feel like, to be in another city when the rug is pulled from under one's feet. None of us has lived through a pandemic before, but I was forced to think about young people who come here right after college in an attempt to make a living, and how they must cope with the closure of an office even when there isn't a global catastrophe to contend with.

There were videos of residents walking dogs and shouting at watchmen, policemen assaulted for simply trying to implement a life-saving lockdown, and arguments made by talking heads about why India's poor should stay where they are for the country's benefit. The hypocrisy of it ought to have shamed us all, but probably didn't penetrate our thick third-world skin.

It's impossible to predict what our lives will look like a year from now, when this has hopefully been put behind us and a vaccine is within reach. What I hope it will change is how we look at the faceless millions who toil for a pittance to do what the rest of us refuse to. The people who cook for us, stand guard outside our buildings and offices, ferry files between departments, wash our vehicles, and sell us fruit and vegetables when our venture capitalist-funded mobile apps fail to do the job.

Those who have left will return, because we live in a country that has failed to provide for them, forcing them to leave parents and relatives behind again. I hope we start to look at them a little more and try and implement measures to change the way they are compensated for jobs that have proven to be a lot more important than we have traditionally acknowledged them to be.

I think of celebrities, cricketers, bankers, and lawyers who routinely walk away with the largest percentage of what we collectively work to create for our country. None of them managed to do anything of any significance to alleviate our situation. Everything we thought was important was revealed to be hollow within weeks, while all the people we look down upon were revealed to have been performing life-changing roles all along.

It is naïve to assume that nurses, teachers, healthcare and sanitation workers, cooks, and vegetable vendors will suddenly start earning more than we have been trained to pay them. I like to think this pandemic will change us in subtle ways though, forcing us to recognise our inadequacies, our pompous designations and titles that we use to accomplish almost nothing.

When he isn't ranting about all things Mumbai, Lindsay Pereira can be almost sweet. He tweets @lindsaypereira
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The views expressed in this column are the individual's and don't represent those of the paper

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Maharashtra's COVID-19 situation matter of concern, will hold talks with Chief Minister, says Dr Harsh Vardhan

Union Health Minister Dr Harsh Vardhan on Wednesday said that he will hold a meeting with the Maharashtra Chief Minister to discuss the worsening COVID-19 situation in the state, as 34 out of its 36 districts are affected by the infection.

"The situation in Maharashtra is certainly a matter of concern right now as 34 out of 36 districts are affected by COVID-19. I will hold a meeting with the Chief Minister as well to discuss further course of action to control spread of the virus in the state," the Minister said at a press conference here.

"Mumbai, Pune, Thane, Nagpur, Nashik, Aurangabad, Solapur, among the 34 districts are a cause of concern for us," he added. The Union Health Minister further said the Centre's aim was to ensure that no new cases come up from districts in Maharashtra and assured all help to the state in the coming days.

"There are 1,026 containment zones in Maharashtra right now, as per my knowledge. The team from Centre and doctors are stationed there and we will give further help to Maharashtra as per the need," the Minister said.

According to the Union Ministry of Health and Family Welfare, Maharashtra had 15,525 COVID-19 cases as of Wednesday morning, including 617 deaths. However, 2,819 patients have been cured and discharged after receiving treatment for the disease.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




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Tax-News.com: UAE VAT Authority Addresses Compliance Matters

The UAE's Federal Tax Authority has newly launched a number of VAT compliance tools and further confirmed how the value-added tax regime, introduced at the start of the year, should operate.




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COVID-19 is a deadly reminder that inclusive water supply and sanitation matters for all of us

Since the COVID-19 crisis escalated, we have been reminded daily that one of the most important precautionary measures we can take to avoid infection – and spreading the virus – is washing our hands.




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Timing Matters for Imitating HIV Therapy in Infants

In some kids with HIV, starting the antiretroviral therapy (ART) within hours of birth has been hypothesized to have positive effects raising the possibility




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Urja Global Limited - Other business matters

To consider other business matters......




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Orient Abrasives Limited - Financial Results/Other business matters

To consider and approve the financial results for the period ended......




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Switzerland signs Multilateral Convention on Mutual Administrative Assistance in Tax Matters

Switzerland has become the 58th country to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters during a ceremony at the OECD.




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Risks That Matter 2018 Country Highlights: Poland

Risks That Matter 2018 Country Highlights: Poland




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Risks That Matter 2018 Country Highlights: Norway

Risks That Matter 2018 Country Highlights: Norway




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EU-US trade and investment talks: Why they matter

Talks to free up more trade and investment between the European Union and the United States got under way early in 2013. A good agreement in 2014 would be a positive thing, and not just for the EU and the US.




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Risks That Matter 2018 Country Highlights: United States

Risks That Matter 2018 Country Highlights: United States




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Risks That Matter 2018 Country Highlights: Canada

Risks That Matter 2018 Country Highlights: Canada




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Tax: India ratifies Convention on Mutual Administrative Assistance in Tax Matters

India has ratified the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD that was opened for signature to all countries in June 2011.




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Albania signs the Convention on Mutual Administrative Assistance in Tax Matters

Albania has become the 43rd country to sign the Convention on Mutual Administrative Assistance in Tax Matters.




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Morocco signs the Convention on Mutual Administrative Assistance in Tax Matters

Morocco has signed the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD. Morocco is the 45th country to sign the Multilateral Convention since it was updated to meet the international standard on transparency and exchange of information and opened for signature to all countries in June 2011.




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OECD will hold a public consultation on transfer pricing matters

The OECD will hold a public consultation on the Revised Discussion Draft on Transfer Pricing Aspects of Intangibles and the White Paper on Transfer Pricing Documentation on 12-13 November 2013 at the OECD Conference Centre in Paris, France. The public consultation will also consider other transfer pricing elements of the 19 July 2013 Action Plan on Base Erosion and Profit Shifting.




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Switzerland signs Multilateral Convention on Mutual Administrative Assistance in Tax Matters

Switzerland has become the 58th country to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters during a ceremony at the OECD.




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OECD releases draft agenda for the November public consultation on transfer pricing matters

A public consultation will be held at the OECD Conference Centre on 12-13 November 2013. The public consultation is open to all interested persons and will be attended by country delegates to Working Party No. 6 of the OECD Committee on Fiscal Affairs. Persons interested in attending must register in advance through the OECD website.