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EU finance ministers today discussed the future "EU blacklist" for tax havens. The proposal says that a 0% tax rate will only be seen as an "indicator" that a particular country or a tax jurisdiction should be screened - but that further analysis will be required before they end up on any blacklist.In reaction, Oxfam’s EU tax expert Aurore Chardonnet said:“It's welcome that the EU now accepts that a 0% tax rate is potentially harmful, but it is more serious than simply being an ‘indicator’ that warrants investigation. A 0% tax…

Development aid has reached an all-time high, but with 900 million people still living in extreme poverty much more needs to be done, says Oxfam.

Poverty and inequality in Europe have reached shocking levels, according to a new Oxfam report.

The report seeks to demonstrate the gendered implications of how tax systems are designed, focusing on identifying aspects of taxation that can damage women's economic autonomy. It also offers recommendations for transforming tax policy as an instrument to help combat some of the inequalities affecting women.

Billionaire fortunes increased by 12 percent last year – or $2.5 billion a day - while the 3.8 billion people who make up the poorest half of humanity saw their wealth decline by 11 percent, reveals a new report from Oxfam today.

The 50 biggest US companies, including global brands Pfizer, Goldman Sachs, GE, Chevron, Wal-Mart, and Apple, stashed $1.6 trillion offshore in 2015 –  $200 billion more than the previous year - according to a new report by Oxfam.  

Following the Paradise Papers revelations, the European Parliament decided today to establish a new special committee on tax fraud, tax evasion, money laundering, tax avoidance and aggressive tax planning. 

The international agency said the US and others are putting the interests of the pharmaceutical industry above the lives of people around the globe. Oxfam is calling on the UN Secretary General and world leaders to make delivering affordable medicines a priority in 2018. 

Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people.

EU Finance Ministers have dropped five of the world’s worst tax havens from the EU 'black' and 'grey' list of tax havens published today.