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Response to the announcement that 82 countries, including many developing countries, have signed up to implement the OECD’s BEPS agreement to tackle corporate tax avoidance.

Oxfam’s Commitment to Reducing Inequality (CRI) Index shows that governments in West Africa are the least committed to reducing inequality of any on the continent. If they do not radically increase their commitment to reducing inequality, the crisis is likely to worsen.

Under this new proposal, companies’ profits and their ability to shift them offshore will barely be affected and consequently developing countries will only see a very small increase in their corporate tax revenues. 

Today’s report from UBS and PwC revealed that the global billionaires club gained 50 more members in 2015 - at a time when 767 million people are living in extreme poverty. This huge gap between rich and poor is bad news for economic growth, the fight against poverty, social stability and democracy.  

In response to the latest Panama Papers leak that exposes how Africa is being deprived billions of dollars in natural resource revenues due to offshore deals, Winnie Byanyima, Executive Director of Oxfam International, said governments are just not doing enough to stop illicit flows, tax evasion and tax avoidance.

Today, European Parliamentarians will cast their vote on the EU’s next long-term budget – a vote that will send a powerful political signal to the European Commission ahead of its proposal due out in July. But behind these numbers lies a key question: will the EU maintain its role as a credible donor, or will it quietly shift towards a transactional approach shaped by short-term political interests? 

As the world’s rich and powerful gather in Davos for the World Economic Forum, an  alliance of top international charities, human rights campaigners, women’s rights groups, green groups, civil society organizations and trade unions has come together to fight the growing crisis of inequality.

This study takes stock of inequalities in Tunisia, especially those sustained by an unjust fiscal system. Oxfam puts forth concrete recommendation to turn the page on austerity policies and advocates for fiscal justice and wider redistributive policies in Tunisia.

The World Bank has released new draft safeguard policies that will vastly weaken protections for affected communities and the environment at the same time as the bank intends to finance more high-risk projects, say 19 organizations. 

Over 50 leading financiers have expressed their support for a European Financial Transaction Tax (FTT) ahead of a meeting of Finance Ministers in Brussels next week. In an open letter to European leaders, the financiers argue the FTT will reduce financial instability and raise significant additional government revenue.