This is the last article you can read this month
You can read more article this month
You can read more articles this month
Sorry your limit is up for this month
Reset on:
Please help support the Morning Star by subscribing here
AN OVERWHELMING majority of people in seven countries, including Britain, back measures to end the use of corporate tax havens, according to survey results revealed today.
A poll of 14,000 people in the US, France, Germany, Italy, Poland, the Netherlands and Britain, shows support ranging from 87 per cent to 95 per cent for cracking down on companies using tax havens.
A majority also backed measures to tie access to public funds used for bailing out firms during the coronavirus pandemic to their record on paying tax.
The global union federation Public Services International, with more than 700 affiliated unions in 154 countries, has joined the international Tax Justice Network (TJN) to call on governments to introduce a requirement for public country-by-country reporting.
First proposed by the Tax Justice Network in 2003, the method is designed to detect and deter the profit-shifting practices multinational firms use.
TJN chief executive Alex Cobham said: “Public country-by-country reporting is the necessary first step — and policymakers can deliver it today.”
