The OECD has produced a deal that has strong biases towards the interests of larger and richer countries, at the expense of the world’s poorest countries.

#Covid19 #Amazon #Tax #ENGIE #PCD #Debt #Biden #JobVacancy #Events

While the Commission’s state aid cases are important for shining a light on the problems, they are not the solution. We need to throw the current corporate tax system in the bin and replace it with a system fit for the 21st century.

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.

Eighty civil society organisations, trade unions and networks from across Europe and all other regions urge MEPs to stand firm in defence of public country-by-country reporting.

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 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 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.

Today, the International Consortium of Investigative Journalists released another ground breaking tax exposure. The #MauritiusLeaks show how multinational corporations from all over the world have used Mauritius to avoid taxes, including on their own operations in some of the world’s poorest countries.