Corporate tax avoidance costs countries hundreds of billions of Euros in lost tax income every year. Fighting this should be top priority for any government, not least when we’re in the middle of the Covid-19 crisis.

• OECD preliminary figures for 2020 show donors still failing to reach commitment to spend 0.7% of GNI on ODA
• Loans are on the increase

Eurodad Director Jean Saldanha reflects on the 2021 World Bank and IMF Spring Meetings.

According to the Financial Times and other news media, the US Administration has put forward specific proposals for the design of future global tax standards, which are currently being negotiated within the OECD-led “Inclusive Framework”.

World leaders failed to seize an opportunity for vital reform of the international debt architecture when they met yesterday (29 March) at the UN.

Momentum is building for stronger EU measures against corporate tax avoidance - Eurodad reaction to EU ministers’ discussion about public country by country reporting today

A new allocation of Special Drawing Rights would send a strong signal of renewed multilateral coordination that puts life first.

The UN FACTI report must be a starting gun for international action to stop illicit financial flows, what is needed now is for our governments to get to work.

The OpenLux investigation shows us two things. Firstly, transparency works, and secondly, that we have a long way to go before the EU can declare itself free of tax havens.

Today, the Global Alliance for Tax Justice (GATJ), of which Tax Justice Europe is the European Branch, and the International Consortium of Investigative Journalists (ICIJ) were nominated for the Nobel Peace Prize. See below for the press release published by GATJ.