Thursday, November 04, 2010

Oxfam takes on tax havens

Oxfam, author of a landmark 2000 report on tax havens and development, has been taking a strongly pro tax justice line of late:
Ahead of G20 meet in South Korea, think-tank Oxfam said the bloc of 20 countries should devise methods to tackle tax havens, so that the interest of developing nations could be protected.

"The G20 should honour its commitments to tackle the tax havens that illegally deprive developing countries of desperately needed resources," Oxfam said in a note ahead of G20 heads of governments meet on November 11 and 12.

It further said that the tax co-operation conventions signed after the London Summit in 2009 have already proved to be weak.
Well said.

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