Financial Transparency Coalition

El acuerdo de un impuesto mínimo global anunciado por la OCDE la semana pasada beneficiará a los países del Norte global -particularmente a los Estados Unidos, impulsor clave del acuerdo- a expensas de la gente sufriendo mayores índices de pobreza y desigualdad en los países en vías de desarrollo.

The FTC organised on July 16 a high-level event on the G20 minimum corporate tax proposal in partnership with ICRICT, TJNA, APMDD and Fundación SES.

Amid great fanfare last weekend, the G7 finance ministers agreed to propose a global minimum corporate tax of at least 15 percent, presented as a landmark decision to end tax avoidance by multinational companies and to help all countries raise funds to fight the Covid-19 pandemic.

Earlier this year, those of us advocating for increased financial transparency and an end to tax-dodging by multinational corporations were excited about the European Union potentially implementing some of the most progressive, pro-transparency regulations the world had ever seen. Beginning in 2016, the European Commission launched a draft directive to implement strong, uncompromising country-by-country reporting