Oxfam reaction to OECD action plan on tax for G20 finance ministers meeting
Sarah Dransfield Senior Press Officer
19th Jul 2013
In response to the Organisation for Economic Co-operation and Development (OECD) releasing its action plan on Base Erosion and Profit Shifting (BEPS), at the G20 Finance Minister's meeting in Moscow today, Oxfam senior policy advisor Claire Godfrey said:
"Action to fix outdated and unfair international tax rules is welcome and long overdue. But these rules affect everyone, and it is often the poorest countries that suffer the greatest losses due to tax abuse. Negotiations to agree new international tax rules must include all countries, including those that are not OECD members - from the very start of the process.
"Developing countries are missing out on billions in lost tax revenue that could help pay for crucial services like hospitals and schools. They must be included - and given the means - to participate on an equal footing in the process to agree new international rules, as a matter of urgency."
For more information or to arrange an interview please contact Sarah Dransfield, Oxfam GB senior press officer, on +44 (0)1865 472269, +44 (0)7767 085636 or email: email@example.com