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Despite advocating transparency and tighter tax rules, key G20 economies are actively and aggressively promoting financial secrecy, says a new report.
Christian Aid has welcomed plans to crack down on tax advisers selling aggressive tax avoidance schemes but says it will make little difference to the trillions hidden offshore.
One of Britain's most well-known Christian accountants has described the UK as a tax haven for the rich in which the poor are now paying more in tax.
Richard Murphy a Quaker, commentator and founder of the Tax Justice Network gave the Beckly lecture at the annual Methodist Conference yesterday (2 July)
Policy makers are failing to live up to the pledges of the world’s most powerful nations to tackle tax haven secrecy, according to a major new index.
President Nicolas Sarkozy faces a global campaign demanding that the G20 commits to ending tax haven secrecy when it meets later in 2011.
Anti-poverty campaigners have handed George Osborne a large jammy dodger biscuit after an opinion poll named the chancellor Britain's worst tax shirker.
Multinational companies could be forced to reveal far more about their finances in the Global South following a European Commission move welcomed by Christian Aid.