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Responding to the release of the World Inequality Report today, which reveals that income inequality is rising in many countries but at very different speeds, Max Lawson, Head of Policy for Oxfam’s
Governments must take five immediate steps to stop corporations and the super-rich cheating poor countries out of over $170 billion in tax revenues every year, said Oxfam today in the wake of the P
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.
At the meeting of the European Council in Tallinn today France, Germany, Italy and Spain called for an agreement on new measures to tax tech giants, like Google and Amazon. Currently, disparate tax laws allow large companies to pay disproportionately low effective tax rates in the EU.
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.
In a crucial vote today on public country-by-country reporting, two European Parliament committees have given up another chance to take meaningful action for tax transparency.
The 50 biggest US companies, including global brands Pfizer, Goldman Sachs, GE, Chevron, Wal-Mart, and Apple, stashed $1.6 trillion offshore in 2015 – $200 billion more than the previous year - according to a new report by Oxfam.
A world where more new billionaires have been created in a year than ever before shows signs of economic sickness rather than health.
The Netherlands, Ireland, Luxembourg and Cyprus are among the world’s 15 worst corporate tax havens, according to new Oxfam research published today. The report ‘Tax Battles’ reveals a global race to the bottom on corporate tax that is starving countries out of billions of dollars needed to tackle poverty and inequality.
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.