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Oxfam strongly welcomes today’s leaked documents on Luxembourg’s tax haven operations revealed by the International Consortium of Investigative Journalists (ICIJ), showing that Luxembourg granted favorable tax treatment to many multinational corporations in order for them to dodge taxes by routing their profits through the country.

47 economists and experts from across Japan, including Iwahito Katsui, renowned economist and professor emeritus at Tokyo University, have come together to urge the Japanese government to take a lead on tackling tax havens at the G7 Leaders Summit.

A 5-point plan to stop big corporations cheating poor countries out of billions of dollars in tax revenue, was published by Oxfam today in the wake of the Mauritius Leaks.

Research published by the International Consortium of Investigative Journalists today shows that multinational corporations are using the tax haven of Mauritius to avoid paying millions of dollars of tax across Africa.

More than 300 leading economists from 30 countries have today written to world leaders warning that there is no economic justification for allowing tax havens to continue, and urging them to bring an end to offshore financial secrecy. The letter comes ahead of the UK Government’s summit on offshore corruption in London on Thursday, which politicians from 40 countries as well as World Bank and IMF representatives are expected to attend.

G20 Finance Ministers are expected to give the green light to a new round of negotiations on international tax reforms at a meeting in Fukuoka, Japan on 8 - 9 June 2019.

G7 finance ministers must adopt strong commitments to tackle extreme inequality, said Oxfam today ahead of a G7 Finance Ministers meeting in Chantilly, France on 17 – 18 July.  The meeting is being held ahead of a G7 Heads of State Summit in Biarritz, France at the end of August. Oxfam is calling for G7 Ministers to support radical reforms to the global tax system to ensure wealthy corporations and individuals pay their fair share of tax. Oxfam is also calling for measures that ensure employers publish more information on the pay gap between CEOs and employees, as well as between…

More than 200 million people will be trapped unnecessarily in extreme poverty - despite world leaders’ pledge to end it - unless action to tackle economic inequality is accelerated. 

Today's digital tax proposal could help bring EU tax rules into the 21st century, by updating them to the digital economy. However, the European Commission's short-term proposal will not stop tax dodging by big tech firms, and could delay the much-needed global long-term solution. 

G20 Finance Ministers must support more fundamental reforms to the global tax system as part of their plans to deliver sustainable economic growth said Oxfam today.