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Article

18 Sep 2014

Author:
Academics Stand Against Poverty

Tell the UN to put an end to tax abuse

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…[T]he SDGs [Sustainable Development Goals] are almost completely silent on one of the most important development issues of our generation: tax abuse…Many multinational corporations shift their profits to jurisdictions where taxes are lower or even non-existent. Between 2002 and 2011, such practices robbed developing countries of $4.7 trillion, which is nearly six times the amount of official development assistance they received during the same period. Wealthy individuals in developing countries also abuse the tax system…Because developing country governments are unable to tax these hidden funds, they lack the resources necessary to help their citizens escape poverty…Fifty prominent tax and development experts have signed an open letter calling on UN Secretary General Ban Ki-moon to push for the inclusion of specific policies in the SDGs that would stop tax abuse once and for all…You can help us reach our goal of getting 2015 signatures before the UN General Assembly meets on September 24…