Multinational corporations are lobbying the U.N. behind closed doors to keep tax avoidance off the list of targets in the Sustainable Development Goals, say advocates of global tax reform. Many experts cite tax avoidance by corporations and wealthy individuals as a major driver of inequality and poverty worldwide. The United Nations’ Sustainable Development Goals (SDGs), established by international consensus as a series of goals for reducing poverty and inequity, included reducing tax avoidance and evasion.
Researchers in the U.S. and Scandinavia have compared leaked evidence of global tax evasion with officially reported tax records in their countries to show how wealth concentration is both under-reported and fueling inequality.
It’s odd how little attention the issue of tax avoidance gets within the humanitarian and aid/development community given the negative impact this has on all of our lives – and especially the poorest of the poor. So as part of our year in review calisthenics, we are talking about it again with Alex Cobham. Revisiting the podcast on tax justice.
For today’s Humanosphere podcast, we’re talking with Alex Cobham about how financial secrecy and tax havens fuel inequity around the…