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The government’s General Anti-Abuse Rule (GAAR) is so poorly designed that it will allow 99 per cent of tax avoidance to continue, says a new expert briefing
Britain’s Overseas Territories are being pressed to commit to expose the true owners of more than half a million shell companies set up on their shores.
David Cameron faces pressure on UK tax havens amid reports that Google has increased the profits it shifts through Bermuda to avoid tax.
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.