Financial Transparency Coalition

Is it inevitable that multinational companies pay pitifully small sums in tax relative to huge profits? Not necessarily because amid growing political and public outrage at how multinationals organise their tax affairs, a new report today suggests there could be an alternative.

BRUSSELS - International development agency Oxfam and the European Network on Debt and Development (Eurodad) welcome the European Commission’s initiative to step up action against tax fraud and tax evasion, which cost billions in tax revenues in Europe but also in developing countries.

LONDON - Christian Aid today welcomed a House of Commons committee’s report on tax dodging by multinationals, which puts morality at the heart of the tax debate, and said the harm the practice causes to developing countries should be seen in the same light.

LONDON – The Prime Minister’s backing for tax justice throughout the world won a delighted welcome today from Christian Aid, which has a longstanding campaign against multinationals’ tax dodging.