Search results

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.

Following the release of data on thousands of companies and individuals registered with Appleby, the law firm at the heart of the Paradise Papers scandal, Susana Ruiz, Oxfam’s policy advisor on tax said:“The thousands of companies and individuals exposed by this leak prove tax dodging is not limited to a few bad apples – it is happening on an industrial scale.“Appleby is just one of many offshore companies helping corporations and the super-rich cheat countries out of billions in tax revenues, including an estimated $170 billion from the world’s poorest countries. “…

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. 

The EU has whitewashed two of the world’s most harmful tax havens in today's review of the its tax haven list, says 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. 

EU finance ministers have decided today to remove eight countries from the EU’s blacklist for tax havens, rushing to take countries off the blacklist without it being clear what they have actually committed to improve.

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…

At the meeting of the European Council in Tallinn today France, Germany, Italy and Spain called for an agreement on new measures to tax tech giants, like Google and Amazon. Currently, disparate tax laws allow large companies to pay disproportionately low effective tax rates in the EU.

Renewed demands by the G77 for a UN-led body to stamp out tax havens were lauded by Oxfam today.  G77 Ministers, who met on the side-lines of the UN General Assembly in New York, re-launched their proposal for a UN-led tax body, which was blocked at a UN meeting to discuss finance for development in Addis Ababa last year.