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Category Archives: Development

Bono: helping make poverty reality

12-Jun-08

I haven’t written about Bono for a while, although what I have written about him remains among the regularly read pages on this blog.
It’s time I did so again. There’s good reason. I know the messages of tax justice have reached the man. I know how they got there. And in the last couple of [...]

Capital flight fact sheet

02-Jun-08

Capital flight is now known to extract substantially more cash from the developing world than is sent there in development assistance. A new fact sheet on capital flight has been produced by a range of NGOs headed by European umbrella NGO Eurodad. As it notes:

This fact sheet provides statistics, explanations and links that Eurodad members [...]

Transparency International says India should act on Liechtenstein

16-May-08

Transparency International, India, issued this press release today. I think it worth reproducing in full:
Transparency International, India is concerned over the attitude of the Indian Government in seeking information from the German Government about millions of dollars of un-accounted-for money, belonging to the people of India, lying in Liechtenstein, a small country near Germany.

The Indian [...]

CDC plc

14-May-08

CDC plc had a letter in the Independent this morning. They said:

Sir: Few will doubt the sincerity of Christian Aid’s motives in drawing attention to child poverty in developing countries (”Tax evasion ‘costs lives of 5.6m children’ “, 12 May) but the charity misrepresents some basic facts about CDC, the UK development finance institution.
It is [...]

In action

14-May-08

Christian Aid have, unbeknownst to me until this morning, put a video of part of my talk at the launch of Christian Aid week on their web site.
And before the Right howl in protest: note I say tax is a great thing when spent in the right way in the right place. That is an [...]

Tax avoidance day

12-May-08

I know it’s the start of Christian Aid week, and I know they’re talking about tax, but it also seems to be tax avoidance day in the Guardian.
They point out that those seeking to get round the government’s proposed new rules for taxing the foreign income of companies by moving to Ireland are tax avoiders, [...]

Christian Aid: Death and Taxes

12-May-08

This is Christian Aid week in the UK.
Christian Aid launches its annual report linked to that week today. It is called Death and Taxes.
As they say:

The lives of 1,000 young children a day are being lost to disease and poverty in poor countries because of illegal trade-related tax evasion, says a new report from Christian [...]

Africa has lost $607 billion

10-May-08

The Tax Justice Network for Africa issued this press release today:
FOR IMMEDIATE RELEASE
May 10, 2008
Lusaka, Zambia
Africa has lost $607 billion (US).
Equitable taxation not aid will end the looting of Africa: Tax Justice Network for Africa

Africa’s revolving door
Capital flight from Africa is devastating development at an alarming rate. It deprives Africa of investment and further exacerbates [...]

Action Aid: Using Tax Research methodology to show how every child could get an education

06-May-08

Action Aid issued a press release this morning saying:

ActionAid welcomes Gordon Brown’s initiative to reduce world poverty - the Call to Action - and recognises that corporations must be involved in the challenge. But the charity says that the UK and other governments are missing a crucial opportunity to raise billions of dollars for the [...]

The double-headed Hydra

30-Apr-08

Yesterday’s news that a senior partner in international accountants PKF has been arrested on charges of blatant tax evasion is, I regret, a matter of little surprise. It does however draw attention to a major deficit in the whole initiative to stop tax haven abuse.
Tax havens are best described as ‘legislative spaces’. That means they [...]