Thursday, September 20, 2007
The Tax Justice Network has published Closing the Floodgates: Collecting Tax to Pay for Development:
In preparing this report we have purposefully set out to provide (a) the most comprehensive review ever published of the nature and scale of the problems, and (b) a series of recommendations for how governments and international agencies might tackle them. ... We recognise that tax policy can be complex, particularly in an international context. We have therefore sought to do two things in this report: firstly to demystify the issues, and secondly, to demonstrate that much can be done immediately to diminish capital flight and tax evasion. Crucially, we show that the normal assumption that this requires multilateral agreement before effective progress can be made is simply not the case.