tax avoidance

World Politics
Corporations secretly lobbying UN to allow tax avoidance in its anti-poverty agenda

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.

Does $40 billion leave Africa each year? It’s complicated

A new headline-grabbing report shows that despite all of the aid money, remittances sent home from expats and loans sent to Africa, $40 billion more is actually leaving the continent in the form of debt payments, tax avoidance and resource extraction. But some question the figures, and argue that the report doesn’t tell the whole story.