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One year ago, the #SwissLeaks scandal made headlines around the globe. Putting a stop to the seemingly endless stream of corporate tax scandals is possible but it will require more fundamental reforms than are on the table at the moment; and a rebalancing of power in global tax negotiations. The creation of a new global tax body that includes all governments on an equal footing would go a long way to redressing this balance and delivering deeper reforms that are so desperately needed for the benefit of all.
Oxfam and Tax Justice Network are today launching an essay competition on tax justice and human rights. The competition invites practitioners and students from around the world to explore ways in which governments of developing countries and/or civil society in any country can use existing laws to protect human rights in the face of tax injustice.
Last week Oxfam revealed that 62 people own the same amount of wealth as the poorest 3.6 billion people on the planet. Tax havens are at the heart of fueling this insane level of inequality. That’s why we’re taking them on and that’s why I want to do all I can in 2016 to put a stop to them.
In 2015, 50% of Malawians are living in poverty. Yet while poverty may be a familiar issue for discussion in Malawi’s development sphere, Oxfam is today putting the spotlight on a less talked about issue, but one that threatens to severely hinder poverty reduction in the country: Malawi’s increasing inequality.
Today is the 1 year anniversary of #LuxLeaks, the scandal which revealed the tax secrets of 350 multi-billion companies. The three whistle blowers who revealed the tax dealings are currently facing criminal charges.
The package of tax reforms launched by the Organization for Economic Cooperation and Development (OECD) in Paris this week, and due to be endorsed by G20 finance ministers meeting in Peru this week, is toothless.
For oil, gas, and mining companies, gaining access to land and water can make or break a project. For many communities their land is their lifeline, and this can be lost when they don’t have a say and their rights are ignored. Today, Oxfam launched a new report reviewing the public policy commitments of 38 oil, gas, and mining companies around issues of community engagement and rights, with a particular focus on free, prior, and informed consent (FPIC).
The upcoming Third Financing for Development conference (aka #FfD3) in Addis Ababa will have a marked effect on the Sustainable Development Goals (SDGs) Summit in New York in September, and ultimately on December’s climate change deal that must be agreed in Paris. It’s a domino effect that will determine how development and climate action is funded for the next fifteen years.
How can these three little letters ‘FfD’ bring us one step closer to tackling the world’s greatest threats: poverty, climate change and inequality?