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Article

6 Oct 2009

Author:
Global Witness & Business & Human Rights Resource Centre

[PDF] Summary report of side event: “Follow the money – How companies are impacting human rights: corruption, payments to rebels, inequitable contracts, tax avoidance, transfer-pricing” (Geneva, 6 Oct 2009)

...This report provides a summary of the key issues discussed, and questions raised, at the side event...[that] took place alongside the two day United Nations’ Consultation on [John Ruggie's Business & Human Rights Framework]...[It] focused on how the flow of money (or rather non-flow of money in the tax related cases) can undermine human rights in host states (i.e. the place where a foreign company carries out operations) through: corruption and lack of transparency; payments to rebels; inequitable concession contracts; tax avoidance/evasion; and transfer pricing...The meeting brought together around 50 representatives from NGOs, academia, the legal sector, the media and the business community...