Corporate tax dodging drives poverty and inequality. It sucks billions out of countries across the world, contributing to the growing gap between rich and poor. But people in the poorest countries are hit the hardest. They rely on that money to pay for services like schools and hospitals; the services which play a vital role in tackling inequality and escaping poverty.
What’s worse is that governments across the world are letting corporate giants get away without paying their fair share.
85 individuals have the same wealth as half the people on our planet. It is time to Even it up!
Latin America and the Caribbean (LAC) is still the most unequal region in the world, despite economic growth and the reduction of both poverty and inequality over the last decade.
Multinational tax evasion is entrenching poverty and weakening developing country economies, Oxfam has warned ahead of the G20 leaders meeting in Russia to chart a plan for boosting global economic growth.
Oxfam welcomes today’s European Parliament vote in favor of legislation which will oblige EU-listed and non-listed big oil, gas, mining and logging companies to declare payments they make i
European leaders failed today to meet the expectations they had raised of cracking down on tax dodging at a summit in Brussels. In reaction, Catherine Olier, Oxfam’s EU Policy Adviser, said:
Meeting today in Brussels, European Finance Ministers failed to take bold action against tax evasion and avoidance, leaving a great deal still to be achieved at next week’s EU leaders’ summ
The European Commission, the European Parliament and the Council of the EU struck last night a deal on transparency of extractives industries.
International development agency Oxfam and the European Network on Debt and Development (Eurodad) welcome the European Commi