corporate tax

Oxfam welcomes IMF's call to tax the rich to fund COVID-19 recovery

1 April 2021

Responding to the publication of the Fiscal Monitor by the International Monetary Fund today, Susana Ruiz, Oxfam International's Tax Policy Lead, said: “Oxfam strongly welcomes the IMF’s call for progressive and emergency taxes to fund the recovery from the COVID-19 crisis, including taxing excess corporate profits and top income levels.
Oxfam welcomes breakthrough on corporate tax transparency after nearly 5 years of EU deadlock

25 February 2021

After almost five years of deadlock, EU governments in the Council finally backed new EU rules on corporate tax transparency today. The proposal requires multinationals to publicly report on what profits they make, how much tax they pay, and where they pay it.
The EU’s role in fighting the inequality virus

Blog by Chiara Putaturo

5 June 2020

The coronavirus pandemic is a crisis for everyone. All around us people are affected — our loved ones, our neighbours, our colleagues, our communities.
Oxfam welcomes European Parliament call for joint and ambitious position on global tax justice

18 December 2019

Today, the European Parliament agreed a resolution calling for a “joint, ambitious EU position” in the OECD-led negotiations on how to address international corporate tax challenges in a digitalised era. These negotiations provide a historic opportunity to adapt corporate tax rules for the 21st century, and to strengthen tax justice at global level.
New OECD Tax Proposals: Oxfam Reaction

8 November 2019

There is a real risk that the OECD’s proposal on the application of a new minimum corporate tax rate will only benefit a handful of mainly rich countries where multinational companies are headquartered. Countless other rich and poor countries where these corporations do business will not be able to recover lost taxes.
OECD corporate tax proposals ‘very disappointing’ for developing countries

9 October 2019

Under this new proposal, companies’ profits and their ability to shift them offshore will barely be affected and consequently developing countries will only see a very small increase in their corporate tax revenues.
EU lets tax havens of Bermuda, Barbados and Aruba off the hook in blacklist review

17 May 2019

European Union finance ministers have removed the British territory of Bermuda, Barbados, and the Dutch Caribbean island of Aruba from the EU blacklist of tax havens today.
Business leaders raise the bar on corporate tax behavior

9 February 2018

The publication of a new set of corporate tax principles by The B Team, a coalition of progressive business leaders, was welcomed by Oxfam today. The principles have been endorsed by companies such as Allianz, Unilever and Vodafone Group Plc.
Oxfam reaction to the resignation of the World Bank's chief economist

24 January 2018

"Aside from obvious questions raised by Paul Romer’s resignation, serious concerns remain around the Doing Business report. Hopefully the next chief economist will be given the mandate to bring coherence and fairness to this ranking."
Effective EU tax haven blacklist must include at least 35 countries, Oxfam analysis finds

27 November 2017

The upcoming EU tax haven blacklist has to include at least 35 countries, including notorious tax havens such as Switzerland and Bermuda, in order to be effective, Oxfam finds in a new report published today. The analysis also shows that at least 4 EU countries would be blacklisted if the EU were to apply its own criteria to member states.