Financial Transparency Coalition

In a response to the OECD’s February report Addressing Base Erosion and Profit Shifting, 58 campaigning organisations say it’s time to make multinationals pay their fair share of tax. Eurodad, Christian Aid and others call on the OECD and G20 to work with the United Nations Tax Committee and governments in developing countries to define new rules for the taxation of multinational companies.

LONDON - Responding to the Chancellor’s Budget today, Christian Aid Director Loretta Minghella said: ‘Today, a 40 year-old promise to the world’s poorest was finally delivered. We congratulate the Government for ensuring that - even in challenging economic times – this country has done the right thing by the hundreds of millions of women and men around the world living in poverty.

LONDON - A ComRes survey about public perceptions around tax avoidance, commissioned by Christian Aid, found a third (34 per cent) of Britons say that they are currently boycotting the products or services of a company because it does not pay its fair share of tax in the UK. Almost half (45 per cent) say they are considering a boycott.

LONDON - European Parliament moves to force banks to reveal more about their finances are a huge step towards getting companies to pay their taxes – although the new rules should be extended to other industries, Christian Aid says today.