16 September 2011
DEVELOPING COUNTRIES LOSE MORE MONEY THROUGH TAX DODGING THAN THEY RECEIVE IN AID – YOUR CHANCE TO HELP CHANGE THAT
Governments collectively lose hundreds of billions of dollars in tax revenue each year due to tax evasion by multinational companies and super wealthy individuals. Developing countries lose more in tax evasion than they get in aid. This tax evasion for the benefit of the wealthy is facilitated by tax havens.
In November 2011 the countries of the G20 will be meeting in France.
The End Tax Haven Secrecy campaign is asking the G20 leaders to introduce measures to end the tax haven secrecy that allows companies to hide their profits and avoid paying taxes in developing countries. As a result millions of children are denied a basic education.
These measures include requiring companies to report on the profits made and taxes paid in every country in which they operate and automatic exchange of information between different tax jurisdictions. This would help developing countries collect the taxes they are owed.
You are invited to sign the online petition to the G20 urging action to end tax haven secrecy that facilitates tax evasion and money laundering.
In November 2011 the countries of the G20 will be meeting in France.
The End Tax Haven Secrecy campaign is asking the G20 leaders to introduce measures to end the tax haven secrecy that allows companies to hide their profits and avoid paying taxes in developing countries. As a result millions of children are denied a basic education.
These measures include requiring companies to report on the profits made and taxes paid in every country in which they operate and automatic exchange of information between different tax jurisdictions. This would help developing countries collect the taxes they are owed.
You are invited to sign the online petition to the G20 urging action to end tax haven secrecy that facilitates tax evasion and money laundering.
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