Search results

A European tax on financial transactions would be fair, practical and popular and could raise as much as €210 billion to tackle poverty and climate change, according to Oxfam's new report.

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.

The General Court of the European Union ruled this morning (Wednesday 15 July 2020) that the European Commission was incorrect in its decision that 13 billion Euros in unpaid taxes by Apple constituted illegal state aid from the Irish government.

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.

The European Parliament is right to call out EU governments for their failure to agree the reforms needed to tackle large-scale tax avoidance, said Oxfam in reaction to a key vote on tax in the European Parliament.

European leaders failed today to meet the expectations they had raised of cracking down on tax dodging at a summit in Brussels. In reaction, Catherine Olier, Oxfam’s EU Policy Adviser, said:

One year on from the Panama Papers scandal and our political leaders are still not standing up to tax havens.

According to the Paris-based Organization for Economic Co-operation and Development, just one country fails to comply with international transparency standards, which Oxfam strongly disputes.Trinidad and Tobago is the only tax haven identified by the OECD as failing to comply with international transparency standards, despite extremely weak commitments by the US, the Bahamas and other countries. Also escaping blacklisting were the Netherlands, Bermuda, Mauritius and Singapore, among others, all of which featured on an …

Rulings by the General Court of the European Union today are a wake-up call for the EU to stop the destructive race to the bottom on taxation and reform the global architecture to create a fairer and more equitable system, says Oxfam.

The European Council has started to publish the commitments taken by countries to escape the EU blacklist of tax havens. Governments must now pressure all tax havens on the EU's grey list to make their commitments public, and the EU must ensure tax havens implement the reforms they have promised, or else blacklist them.