ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

New ADB chief Asakawa targets corporate tax avoidance

Asian bank to work with China-led AIIB on infrastructure standards

The Manila-based Asian Development Bank will play a greater role in taxation in the region, its new president said.    © Reuters

TOKYO -- The new president of the Asian Development Bank looks to focus on helping member countries improve tax collection from global tech giants.

Japan's Masatsugu Asakawa, who took office Friday, plans to enlarge the Manila-based multilateral lender's team of tax experts and cooperate in preventing tax avoidance.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more