1 / 9

Tax Justice Joseph Stead – Senior Economic Justice Adviser, Christian Aid jstead@christian-aid

Tax Justice Joseph Stead – Senior Economic Justice Adviser, Christian Aid jstead@christian-aid.org. Is Africa a net debtor or creditor to the rest of the world? Creditor – for every $1 received in aid, up to $10 leaves the continent

kordell
Download Presentation

Tax Justice Joseph Stead – Senior Economic Justice Adviser, Christian Aid jstead@christian-aid

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tax Justice Joseph Stead – Senior Economic Justice Adviser, Christian Aid jstead@christian-aid.org

  2. Is Africa a net debtor or creditor to the rest of the world? • Creditor – for every $1 received in aid, up to $10 leaves the continent • Which costs developing countries more each year, corruption or tax dodging? • Tax dodging

  3. Illicit outflows from Africa1970-2008 Source: http://www.gfintegrity.org/content/view/300/75/ Commercial tax dodging: $300 - $520 billion Corruption of public officials: $15-24 billion Criminal proceeds: $150 – $280 billion OUTFLOWS

  4. Why Tax? It’s better than aid Raising revenue: funding to deliver the services citizens need Redistribution: to address poverty and inequality Repricing: limiting public ‘bads’, encouraging public ‘goods’ Representation: building accountability of governments and reclaiming policy space See http://www.christianaid.org.uk/images/completetaxadvocacytoolkit.pdf - especially chapter 1

  5. Tax and a Banana Links: http://vimeo.com/45941013 - journalist explains the research. http://www.guardian.co.uk/business/2007/nov/06/19

  6. Tax Havens Links: http://www.christianaid.org.uk/images/false-profits.pdf http://www.christianaid.org.uk/images/deathandtaxes.pdf http://www.christianaid.org.uk/resources/policy/tax.aspx

  7. What is to be done? • Automatic Exchange of Information • Country by Country reporting • http://www.christianaid.org.uk/ActNow/trace-the-tax/index.aspx • UK leadership of G8 in 2013 – a chance to make real progress on tax and development

  8. What else? • Shareholder activism? • 98/100 FTSE 100 companies use tax havens – why? • Questions at AGMs (http://fairpensions.org.uk/tax) • Local authorities? • Helsinki, Malmo, Ile-de-France, Brittany all ‘tax haven free zones’. • Bristol next? • Ideas? – share them with us

  9. http://www.christianaid.org.uk

More Related