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

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.

Faced with the crisis of the century, the G20 has failed to meet the demands of the moment. As the Saudi Arabian presidency comes to a close, Eurodad policy experts take a critical look at what has been delivered.

Today the OECD published its blueprints for how to repair the global corporate tax system, which follows an update that the OECD provided in January 2020. 

On 29 September, the world’s heads of state will come together (virtually) at an extraordinary meeting to discuss financing for development during the 75th UN general assembly. This will be crucial in the battle to address the Coronavirus crisis. 

This article was originally published on ISPS News.

On Sunday 20 September 2020, an international network of over 400 journalists coordinated by the International Consortium of Investigative Journalists released the FinCEN Files – exposing the global movement of illicit financial flows through the international banking system.

Today, the European Court of Justice decided to annul the European Commission’s decision that Ireland’s tax treatment of Apple constituted illegal state aid.

The OECD’s Inclusive Framework does not allow all countries to participate on an equal footing. We believe that decisions on global tax rules should be made at the United Nations.

The Group of 77 (G77) – representing more than 130 developing countries – has repeatedly proposed the establishment of an intergovernmental tax body under the United Nations (UN) to fix the broken global tax system.