Trace the tax - write to the FTSE Four
Our biggest companies have the power to help end poverty. It’s one of the best-kept secrets there is. And we’re calling time on secrecy. A global culture of financial secrecy allows tax dodging to thrive, costing poor countries an estimated $160bn every year in lost tax income – more than they receive in international aid. These missing billions could be paying for basic services and paving a way out of poverty for millions of people.
How the FTSE 4 can help
We've hand picked four FTSE100 companies because they can lead from the inside, and raise the call for new global accounting rules that require firms to report the profits made and taxes paid in every country they operate in. This would help poor countries and their citizens trace the taxes they’re owed.
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