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Tag: tax

65 Articles

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Reaction: Multinationals like Amazon exploit flaws in tax laws to avoid paying fair share

Amazon is today reported to have halved its UK corporation tax bill despite revenue increasing. Commenting on reports about Amazon's tax practices Oxfam's head of inequality, Ana Arendar,...

RB calls for tougher tax laws that would protect poor countries following Oxfam investigation

British multinational RB, the manufacturer of household items such as Dettol and Vanish, has today backed a public campaign for tougher tax laws after an Oxfam investigation suggested that poor countries...

Cash stashed offshore by top 50 US companies jumps to $1.6 trillion

The 50 biggest US companies, including global brands Pfizer, Goldman Sachs, General Electric, Chevron, Wal-Mart, and Apple, stashed $1.6 trillion offshore in 2015 - $200 billion more than the previous...

Europe's biggest banks post quarter of profits in tax havens

New data highlights value of tax transparency in the fight against tax dodging Europe's 20 biggest banks posted profits of at least £18 billion (€25 billion) in global tax...

LuxLeaks whistleblowers verdict - Oxfam reaction

Responding to the verdict in the retrial of the LuxLeaks whistleblowers, Max Lawson, Oxfam's Inequality Policy Lead said: ...

Reaction: Prime Minister's commitment to economic reform must ensure the economy benefits all

Commenting in response to the Prime Minister's speech at the World Economic Forum in Davos today, in which she said a new approach from business and government was needed to respond to public...

Eight people own same wealth as half the world

Pre-Davos report shows gap between richest and poor is greater than feared Eight billionaires own the same wealth as the 3.6 billion people who form the poorest half of the world's population,...

REACTION: Tax transparency needed to hold overseas territories to account

Margaret Hodge MP has today proposed an amendment to the Criminal Finance Bill that would ensure the UK's overseas territories adopt the same transparency standards as the rest of the UK by the...

Bermuda named world’s worst tax haven - Oxfam

Four UK-linked territories - Bermuda, the Cayman Islands, Jersey and the British Virgin Islands - appear in a new list of the world's 15 worst corporate tax havens revealed by Oxfam today. ...

REACTION: Countries from around the world demand a more transparent global tax system

Politicians from around the world today called on governments to ensure that comprehensive information about companies' taxable activities is published, at the Public Affairs Committee summit...

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