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The G20’s plan to tackle corporate tax dodging, devised by the Organisation for Economic Co-operation and Development (OECD), needs a radical shake up so that developing countries can capture their fair share of foreign business activity, according to a new report published today by Oxfam.

Responding to the announcement today that the OECD Inclusive Framework on Base Erosion and Profit Shifting has agreed to push ahead with the two-pronged global tax reform deal and set a global minimum corporate tax of 15 percent, Gabriela Bucher, Executive Director of Oxfam International, said:  “This is not an ‘historic’ deal ―it is history repeating itself. Those who shamelessly rigged the global tax system to their benefit over a century ago have again ring-fenced the game for themselves."

The 2025 Global Report on Food Crises says that 295 million people around the world are now experiencing acute hunger.

Rappers, poets and musicians from across Asia, Africa and Latin America are playing in a global jam session called the “Say Enough Cypher” with original poems and songs aimed at transforming the attitudes, beliefs and social norms that fuel violence against women and girls.

Today, the European Commission published their “Communication on business taxation for the 21st century”. The plan takes steps to ensure fair and effective taxation, to simplify tax rules for companies and to establish a longer-term business taxation framework.

The Israeli forces’ assault on Gaza has escalated to a horrifying level of atrocity. Northern Gaza is being wiped off the map. Under the guise of “evacuation,” Israeli forces have ordered the forced displacement of an estimated 400,000 Palestinians trapped in northern Gaza, including Gaza City. This is not an evacuation—this is forced displacement under gunfire.

As donors convene in Geneva, Oxfam and over 50 NGOs call for an urgent and substantial step-up in funding and leadership to respond to the humanitarian catastrophe facing millions in the Horn of Africa due to the severe drought, warning that further delays will cost lives.    

Responding to the Rio de Janeiro G20 Ministerial Declaration on International Tax Cooperation published today, Oxfam International’s Tax Policy Lead Susana Ruiz, said: "This is serious global progress —for the first time in history, the world’s largest economies have agreed to cooperate to tax the ultra-rich. Finally, the richest people are being told they can't game the tax system or avoid paying their fair share." 

The biggest names in the food and drink industry are not doing enough to stop land grabs and conflicts in their supply chains.

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.