Christian Aid urges Chancellor to tackle corporate tax dodging

By agency reporter
May 28, 2015

Christian Aid has expressed its disappointment that a Tax Dodging Bill was not included in the Queen’s Speech - and its hope that strong action against corporate tax dodging in the UK and globally will be included in July’s Budget.

However the charity did welcome the acknowledgement in the Speech of the vital importance of a strong outcome at the United Nations climate talks in Paris later this year.

“We are glad to see the Government’s commitment to the UK playing its part in tackling climate change, which most affects the world’s poorest people,” said Christine Allen, Director of Policy and Public Affairs at Christian Aid.

But she said more action was needed against corporate tax dodging. “More than 70,000 people have supported the campaign for a Bill, which we estimate would raise around £3.6 billion in the UK, and billions for developing countries.

“We’re disappointed that the Bill has not been included in the Government’s priority legislation this year and we ask the Government to act on our policy recommendations in July’s Budget.”

Christian Aid campaigned with more than 20 other organisations before the election for the new Government to introduce a Tax Dodging Bill within 100 days of the election.

Ms Allen added: “Corporate tax dodging costs developing countries an estimated $160 billion every year. We welcome the Conservative manifesto commitment to consider the case for revealing multinational companies’ tax payments in every country in which they operate.

“This would enable women and men in developing countries to see what taxes companies have paid their governments. It would also help shine a light on corporate tax dodging in the poorest communities in the world. We ask the Chancellor to consider further action to ensure this vital information is made public as part of his Budget in July.

“Doing so would build on the successful reforms that he has already introduced and ensure that the UK remains a leading voice for corporate tax transparency across the world.”

*Christian Aid http://www.christianaid.org.uk/index.aspx

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