The world’s investors are moving against tax avoiders

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The world's investors are moving against tax avoiders according to the FT who reported this morning that:

The world’s most widely used sustainable investment benchmarks will begin penalising companies that use aggressive tax avoidance policies after MSCI, the index provider, said it will change its governance ratings from the start of 2017.

The US-based company, which produces environmental, social and governance indices against which $67bn of assets are benchmarked, told FTfm it has heightened its focus on companies’ tax arrangements because the public mood has shifted against businesses that seek to minimise their tax bills.

What can I say? This is good news, even if it's a slow train coming.