End Tax Haven Secrecy is a brand new campaign that launched this week. It’s an alliance that includes Christian Aid, Oxfam, ActionAid, and The Tax Justic Network, and the campaign is geared up to get action on tax havens on the agenda at the G20 gathering in Cannes in November. French president Nicolas Sarkozy will be among the politicians targetted, as he will have a crucial role in hosting the summit.
Tax havens remain a huge drain on the global economy, a place for wealthy elites and global corporations to avoid paying their share. They rob developing countries of around $160 billion in unpaid taxes every year, which is more than they receive in aid.
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