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Reaction: European Parliament to establish new committee to investigate tax avoidance

8th Feb 2018

Oxfam

In response to the European Parliament's decision to establish a new special committee to investigate tax avoidance following the Paradise Papers revelations, Oxfam's Head of Policy, Programmes & Campaigns Sally Copley said:

"This is a welcome move towards tackling tax dodging which deprives developing countries of revenue which could be spent putting children into schools or building better hospitals.

"The UK government should take this opportunity to tackle some of the most notorious of its own tax havens such as Bermuda and Jersey. UK Overseas Territories and Crown Dependencies need to publicly reveal who benefits from the companies based there. Securing tax transparency would be a key step towards governments preventing tax dodging, which costs poor countries billions that could be invested in fighting poverty."

ENDS

For more information, please contact Meg Pruce on +44 7824 824359 / mpruce1@oxfam.org.uk