The OECD’s highly anticipated proposal for reform of international tax rules will likely further intensify global inequalities and fail to curb rampant tax abuse, new analysis from the Tax Justice Netowrk reveals.
The Crown Dependencies have set out a three year plan to table a discussion in parliament with no commitments and no details on whether they will comply with emerging international standards on beneficial ownership transparency.
The UK must stop turning ‘a blind eye’ to its shameful role in tax avoidance, Christian Aid has warned, after a trio of UK Overseas Territories topped a new index ranking countries by their complicity in global corporate tax havenry.
For every dollar British American Tobacco paid in tax in the countries it operates in, it shifted more than half a dollar to a UK subsidiary where it paid almost no tax.
Tax Justice Network is calling for ambitious reform that makes sure tax contributions are paid in the countries where real economic activity takes place.