MILAN – Oxfam, the international organization that deals with humanitarian and development projects, updating the abacus of money kept away from prying eyes IRS: parked offshore there are 7.6 trillion dollars. “Of 68 companies that have taken funds from the IMF, 51 use tax havens,” said Winnie Byanyima, the executive director of Oxfam, speaking at a meeting on tax systems with the Director General of the IMF, Christine Lagarde. Taxation, with tax evasion and avoidance, is back in the limelight with the scandal of Panama Papers, which has engulfed some of the world’s powerful. Just a few days ago, Oxfam had issued a report which focused on the 50 largest US companies, from Apple to General Electric, which alone has over one million dollars kept in branches registered with countries that offer tax conditions better than those of the Member States.
The focus on the problem, just downstream of the new dell’Icij revelations, remains high. The European Commission has recently proposed a fiscal tightening that would oblige multinationals to detail their presence and the taxes they pay, country by country. And innovations are expected in week: will be launched next Tuesday a new platform on taxation that will put together the IMF, World Bank, OECD and the UN. The same Lagarde, during the Fiscal Forum 2016, said: “It ‘s important to have everyone around the table”, thus
- Topics:
- tax
- tax
- fees
- Oxfam
- IMF
- panama papers
- un
- OECD
- Starring:
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