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EU finance ministers failed to agree on a ‘digital services tax’ that would ensure big tech companies pay a minimum level of tax at a meeting today in Brussels. Instead, France and Germany have presented a watered-down new proposal to only tax online advertisements.

The European Commission has missed yet another chance to effectively end tax havens. Today’s tax transparency proposal is not sufficiently ambitious and too limited in its scope for that task.

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…

EU finance ministers have today adopted the first EU blacklist of tax havens. The list includes 17 mostly small countries. The EU has also published an additional grey list of countries that currently qualify as tax havens, but have promised reforms.Reacting to the news, Aurore Chardonnet, Oxfam EU policy advisor on inequality and tax, said:“It is disturbing to see mostly small countries on the EU blacklist, while the most notorious tax havens got away on the ‘grey list’.“It seems the EU’s pressure has obliged some of the most notorious tax havens like…

04 July 2017The European Parliament has voted in favor of new tax transparency rules, but have allowed large companies to get away with a tax secrecy clause.Reacting to the crucial vote on public country-by-country reporting, Oxfam’s EU Policy Advisor on tax, Aurore Chardonnet, said:“The European Parliament’s vote is a small step towards greater tax transparency. But companies can still hide key tax information if they want to, due to a get-out clause.Many EU parliamentarians seem to still prioritize large multinationals over citizens and SMEs,…

EU finance ministers look set to whitewash nine of the world’s worst tax havens when they update the EU tax haven blacklist next week, says Oxfam.

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…

At the Annual Meetings of the World Bank and the IMF in Peru this week, moves to help combat inequality and climate change were announced, but G20 finance ministers failed to adequately address the skewed international tax system, said Oxfam today.

Today the European Commission released its fourth package to combat tax evasion and tax avoidance. This corporate tax reform package notably includes a proposal to harmonize the tax base among EU 28 member states. Oxfam supports the ongoing efforts of the European Commission to reopen discussions on tax base harmonization and to push ahead in the fight against tax avoidance.

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.