Wednesday, September 18, 2013

"NGOs claim poor countries lose $100bn annually due to tax dodges by EU firms"

" "Europe cannot continue to give aid with one hand and take away with the other, and tax policy is a classic example of where it's doing this," said Laust Leth Gregersen, chair of Concord's working group on policy coherence for development (PCD). "Billions go to poor countries in aid only to return again to rich countries via tax dodging. The balance sheet shows that the poor in developing countries are losing out here." " (thanks Amir)