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G20 Leaders meeting in Brisbane, Australia this weekend (15 and 16 November) are being urged to tackle rising inequality head-on or risk leaving millions of people trapped in poverty, as new figures reveal the wealth disparity in a number of G20 countries.

Responding to French President Nicolas Sarkozy's call for the G20 to agree a tax on financial transactions to raise funds for international development, Jeremy Hobbs, Oxfam International Excecutive

Elise Ford, Head of Oxfam’s EU office, said:

Oxfam condemns today’s decision by EU Finance Ministers to delay talks on a European Financial Transaction tax (FTT) until December. 

Governments are letting big business off the hook when it comes to paying the billions they owe in tax, Oxfam said in reaction to the latest decision of the European Commission on Luxembourg's tax deal with online retailer Amazon.

European Tax Commissioner Algirdas Semeta today announced that all legal conditions are now met for a pioneer g

Fast food company McDonald’s has been enjoying ‘double non-taxation’ in the United States and Luxembourg on the profits it makes in Europe, the European Commission said today. Although tax deals between the company and the Grand Duchy were not ruled illegal, this case illustrates once again how EU member states help big business avoid paying their fair share of tax.In response, Susana Ruíz, Oxfam’s tax policy lead, said:“Big business is getting fat on public money and it’s time governments took action instead of super-sizing the profits of huge companies.…

European leaders meeting today to discuss ways of boosting economic growth should press ahead with plans for a financial transaction tax (FTT), Oxfam said.

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.

Speaking at a press conference at the Rio+20 Summit, Barbara Stocking, Chief Executive, Oxfam GB said: