The Group of 77, representing more than 130 developing countries, have repeatedly proposed the establishment of an intergovernmental body under the United Nations (UN), to fix the broken global tax system. This briefing details ten reasons why this proposal would benefit everyone – and how it can be done.

As the European Union (EU) considers introducing public country-by-country reporting (CBCR) for European multinationals as well as for non-EU multinationals operating in the EU, Transparency International EU (TI EU) has looked at what evidence there is about the impact of this kind of reporting in terms of company competitiveness.

The Netherlands is a top EU tax haven for corporations, an analysis by Eurodad member Oxfam of European Commission data shows. Of 33 harmful tax practices listed by the EU executive, 17 were identified in the country currently holding the EU presidency.

This week, European Union finance ministers agreed to establish a common EU blacklist of so-called “non-cooperative jurisdictions” – in other words, tax havens. With one tax scandal unfolding after the other, listing and sanctioning tax havens may seem like a good solution. However, as tempting as it may sound, this EU exercise is doomed to fail – and here’s why. 

Inequality is rising around the world. Fighting inequality must be an integrated priority for everyone in development, to promote and achieve sustainable development.

Safeguarding the advances the continent has already achieved and ensuring inclusive and sustainable growth must be a priority for all the countries in the region.

In 2015, French banks published for the first time key information on their activities, which included the taxes they pay in the countries in which they operate.

In the globalized economy, a widespread network of thousands of international treaties decides how and how much governments can tax the incomes of multinationals. Institutions such as the IMF and the United Nations, among others, are increasingly questioning whether these treaties support sustainable development. Belgium has also signed tax treaties with ninety-two countries, almost half of which are with developing countries.

Right now, stretching across the world is a web of tax agreements between governments.