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The measures announced in the G7 Leaders' Declaration today will give tax dodgers little cause for concern said Oxfam as the G7 Heads of the State Summit came to a close in Japan.   Max Lawson, Oxfam’s Policy Lead for the Even It Up campaign said: "G7 leaders have sided with the tax dodgers and not the public. Despite all the talk of action, the G7 have missed this opportunity to end the destructive era of tax havens, and people across the globe, including some of the world’s poorest people, will pay the price.   “The G7 failed to support measures that would prevent…

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.

A Brazilian earning the minimum wage would have to work for 19 years to earn as much as what a rich person in the country's top 0.1 percent makes in one month, according to new Oxfam research.

With a growing EU gray list of tax havens, the EU must make sure countries follow up on their commitments, or else blacklist them, Oxfam said.

In a puzzling move, inequality was not on the agenda at the International Monetary Fund’s Press Briefing in the Peruvian capital today, while World Bank President Jim Kim said TPP could boost growth.

The European Commission has today presented a good proposal for a new framework for the EU’s development policy. The EU institutions and member states must now make sure they translate these fine words into concrete action, says Oxfam.

Three African billionaires today have more wealth than the poorest 50% - or 650 million people across the continent, reveals a new Oxfam report today.

G20 countries spend far more subsidizing the coal and oil industry than developed countries provide in adaptation finance to poor and vulnerable countries.

This G7 finance meeting has again been a debate among exclusive club members without the equal participation of developing countries. It’s no wonder that tax issues relevant to poor countries were not addressed. 

The publication of the Panama Papers database is a significant blow against tax dodgers but the public should not have to rely on whistleblowers to expose tax cheats, said Oxfam today.  Oxfam is calling on politicians gathering in London for the Anti-Corruption Summit on 12 May to end the secrecy that enables companies and wealthy individuals to avoid paying their fair share of tax.