Oxfam reaction to EU leaders’ timid ambition to clamp down on tax dodging 22 May 2013 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:
Tax on the “private” billions now stashed away in havens enough to end extreme world poverty twice over 21 May 2013 At least $18.5 trillion is hidden by wealthy individuals in tax havens worldwide, representing a loss of more than $156 billion in tax revenue, according to new figures published today by international agency Oxfam.