G20

The gap between where companies pay tax and where they really do their business is huge, as shown by new research described in this briefing.

G20 finance ministers in Lima today endorsed international tax reforms for tackling tax dodging launched by the Organization for Economic Cooperation and Development (OECD). While the measures are a tax milestone, they poorly represent the critical needs of developing countries, Oxfam warned today.

More than 200 million people will be trapped unnecessarily in extreme poverty - despite world leaders’ pledge to end it - unless action to tackle economic inequality is accelerated. 

Africa was cheated out of US$11 billion in 2010 through just one of the tricks used by multinational companies to reduce tax bills, according to new Oxfam report, ‘Africa: Rising for the few,’ released today.

The G20’s promise to pursue inclusive and sustainable growth is welcome, but its response to the Ebola crisis is dangerously inadequate.

Nine of the G20 countries have failed to deliver adequate support in the fight against Ebola despite calls for more help and the fact they are the largest economies in the world, Oxfam says today.

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.

The gap between the rich and the rest is extreme and growing. G20 nations are not immune.

Hundreds of local volunteers are helping Oxfam to provide support and information to more than 400,000 people living in Ebola-affected communities in West Africa to stop the spread of the disease.