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Barack Obama to raise corporate tax avoidance at G20 summit in China, says White House

South China Sea disputes, sagging global economy and climate change also among US president’s concerns as he heads to Hangzhou this weekend, say analysts

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Barack Obama pictured in Washington last month. Photo: AFP

US President Barack Obama is likely to have discussions with world leaders at the G20 meeting in China about controlling corporate tax avoidance and creating a fairer global tax system, the White House said.

White House spokesman Josh Earnest said he did not expect progress on corporate tax avoidance from the G20 meeting of global economic leaders that runs from Sunday to Monday in Hangzhou.

“But I would anticipate that this is an issue that the President will engage in, in the context of discussions at the G20,” Earnest said.

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The EU ruled this week ruled that Apple must pay 13 billion euros (HK$112.6 billion ) in back tax payments, a decision the Obama administration has criticised.

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Obama starts his last trip to Asia on Saturday as US president, aiming to put a final stamp on his signature policy shift toward the Pacific, but distracted by crises ranging from Brexit to the battle against Islamic State.

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