Financial Transparency Coalition

Yesterday, the World Bank committed to examine ways to collect and publish information about the real owners of companies (also called “beneficial owners”) participating in Bank-financed contracts. We welcome the Bank’s leadership as the impact of its new procurement policy stands to affect a portfolio of about US $42 billion invested in more than 1,800

PRESS RELEASE CSOs stand with developing countries that fought hard to deliver an intergovernmental body that could help create equitable tax rules  Although a small group of rich countries blocked a plan toward inclusiveness, the amount of pressure developing countries and civil society placed on the Financing for Development negotiations ensures that the spotlight will

PRESS RELEASE Tonight, the Addis Ababa outcome was closed. The final outcome rejects the proposal of establishing an intergovernmental UN body on tax matters, and instead introduces some minor changes to the existing UN expert committee. This means that the OECD will remain the only intergovernmental body that adopts global standards on tax matters.

Financing for Development negotiations near to collapse as rich countries block Global Tax Body Rich country governments led by the US, UK and Japan are jeopardising the entire FfD agreement as they refuse to consider an inter-governmental tax body on tax Wednesday July 15 2015