ActionAid report says "shady" tax treaties disproportionately favour multinationals, increasing inequality & poverty in poor countries

A report by ActionAid says tax treaties with the club of world's richest countries - the OECD - are stopping poor countries' power to tax multinational companies more than others, exacerbating inequality and poverty. [refers to Google, Amazon, MTN, ZAIN, Celtel]

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Report
4 March 2016

Full report

Author: ActionAid International (So. Africa)

"Mistreated: The tax treaties that are depriving the world’s poorest countries of vital revenue"

Women and girls in the world’s poorest countries need good schools and hospitals. To pay for this, these countries urgently need more tax revenue. A little-known mechanism by which countries lose corporate tax revenue is a global network of binding tax treaties between countries. This report marks the release of the ActionAid tax treaties dataset –original research that makes these tax deals made with some of the world’s poorest countries easily comparable and open to public scrutiny.

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Article
4 March 2016

How tax treaties favour multinationals exacerbating poverty & inequality in poor countries

Author: ActionAid International (So. Africa)

"Mistreated: How shady tax treaties are fuelling inequality and poverty"

Right now, stretching across the world is a web of tax agreements between governments. They may not seem like the frontline in the fight against inequality and poverty, but today ActionAid shows how crucial they are for ordinary people everywhere. Our report, ‘Mistreated’, shows how tax treaties are reducing the tax that some of the world’s poorest countries can collect from  multinational companies.

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Article
4 March 2016

Map on countries' restrictive treaties that help multinationals avoid tax, increasing inequality

Author: ActionAid International (So. Africa)

"Which lower income countries have given up most of their power to tax global companies?"

Tax treaties are reducing the taxes paid by multinational companies and depriving the world’s poorest communities of money that could fund essential public services. When public services are deprived of funding, it’s women and girls who are hit the hardest, worsening global inequality. Tax treaties dictate which country has the right to tax a multinational company’s profits. We have found that generally, these are unfair and benefit the higher income country over the lower income country.

ActionAid has commissioned independent research which cracks open these opaque and outdated treaties – analysing more than 500 treaties that higher income countries have with lower and lower middle income countries in Africa and Asia.

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