21 July 2010
TAX-DODGING- “THE SINGLE BIGGEST BARRIER TO ENDING POVERTY”
For every US$10 given in aid to developing countries, US$15 slips out through tax dodging according to Christian Aid a UK faith-based organization working to ending poverty.
Tax dodging has been identified by Christian Aid as the single biggest barrier to ending poverty in the developing world with a worldwide culture of financial secrecy allowing tax-dodging firms to rob poor countries of more than an estimated US$162 billon each year.
The Christian Aid website reveals how tax and trade rules work to boost multinationals' profits and provides information about its campaign for international tax transparency.
Tax dodging has been identified by Christian Aid as the single biggest barrier to ending poverty in the developing world with a worldwide culture of financial secrecy allowing tax-dodging firms to rob poor countries of more than an estimated US$162 billon each year.
The Christian Aid website reveals how tax and trade rules work to boost multinationals' profits and provides information about its campaign for international tax transparency.
Comments:
Post a Comment
