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The latest international clampdown on tax evasion must involve both rich and poor countries if it is to stop criminals hiding billions, campaigners say.
A new report, Alliance Boots & the Tax Gap unveils for the first time the full extent of tax avoidance by the multinational pharmacy-led health and beauty group.
G20 leaders’ decisions on tax and financial transparency are welcome but they do little or nothing for poor countries, says Christian Aid.
Just after the G8 agreed to support developing countries collect taxes owed to them, a parliamentary committee voted against legislation to make the task easier.
The Lough Erne declaration on tax, agreed today (Tuesday 18 June) at the G8 summit, is too easy to get round, a senior trade unionist has warned.
The IF campaign says developing countries lose some US$160 billion of tax revenues a year from multinationals shifting profits offshore before they can taxed.
World hunger could soon be ended if revenues lost to developing countries through tax dodging were available for investment in agricultural development, says Christian Aid.
Disability rights campaigner and WOW petition organiser Susan Archibald has joined with fellow protestors to demonstrate at Amazon’s depot in Halbeath, Fife.
The recent Google, Amazon and Starbucks scandals in Britain have shown that loopholes for multinationals to avoid tax need to be closed, says Christian Aid.
Leaders working on an anti-poverty plan, including David Cameron, have been told to ensure it helps poor countries collect the tax billions they are owed.