• Loading

A New Year’s resolution that could change the world

30 December 2014 - This New Year, Christian Aid is urging Governments to commit to a resolution that could really make a difference: to collect the taxes needed to tackle poverty and create a better world.

“Tax pays for the services we all need, like hospitals, schools, roads and policing,” said Toby Quantrill, the charity’s Principal Adviser on Economic Justice.

“Tax revenues can make the difference between dignity and destitution and, especially in developing countries, between life and death. A well-designed, effective, tax system can help to close the widening gap between rich and poor. 

“But all over the world, governments are struggling to collect enough tax to fund decent public services, while multinational companies dodge billions of pounds in tax.

“So we’re urging governments to make a  New Year’s resolution for 2015 and beyond, to take action to ensure companies are paying their fair share of tax in all the countries where they operate. It is time to rebalance the rules in favour of people everywhere.”

In order to collect more tax from multinationals, Governments should do the following to sweep away the financial secrecy that sustains tax dodging:

• Require multinationals to publicly reveal separate economic and financial details (such as numbers of employees, profits made and taxes paid) for every country in which they operate, making tax dodging easier to spot.
• Require all companies to reveal who really owns and controls them and put the information in national, public registers. This would help track down criminals behind tax evasion, money laundering, corruption, terrorist financing and other problems.
• Include developing countries as full participants in the OECD-run ‘BEPS’ project to catch up with multinational tax dodgers. In addition, develop new processes which include poor countries on an equal basis from the start, to tackle the problems of greatest concern to poor countries. “At the moment it seems that multinationals have more influence over the global tax system than developing countries, which is pretty terrifying,” said Mr Quantrill.

To find out more about Christian Aid’s tax campaign, visit our website.

Ends

For more information and to arrange interviews, please contact Rachel Baird on 0207 523 2446 or rbaird@christian-aid.org  24 hour press duty phone – 07850 242950


Notes to editors:

1. Christian Aid works in some of the world's poorest communities in around 50 countries at any one time. We act where there is great need, regardless of religion, helping people to live a full life, free from poverty. We provide urgent, practical and effective assistance in tackling the root causes of poverty as well as its effects.

2. Christian Aid’s core belief is that the world can and must be changed so that poverty is ended:  this is what we stand for. Everything we do is about ending poverty and injustice: swiftly, effectively, sustainably. Our strategy document Partnership for Change explains how we set about this task.

3. Christian Aid is a member of the ACT Alliance, a global coalition of more than 130 churches and church-related organisations that work together in humanitarian assistance, advocacy and development.  Further details at http://actalliance.org

4. Follow Christian Aid's newswire on Twitter: http://twitter.com/caid_newswire

5. For more information about the work of Christian Aid visit http://www.christianaid.org.uk

 

Press office

Want to speak to Christian Aid's press office? Here’s who to contact.

Contact details

Comment

Clarifications, corrections and statements from Christian Aid.

Latest response

Christian Aid blog

Latest news and views from staff and partners around the world.

Latest blog

Press releases