Wednesday, May 12, 2010

Tax Dodging Undermining Irish Aid

Have a look at Christian Aid Ireland's latest report Tax of Life, which highlights how tax dodging by multinational companies undermines the development of countries that Irish Aid supports.

Christian Aid has called on the Irish government to take action to address this massive loss of tax by;
  • Supporting the introduction of binding country by country reporting standards for multinational companies
  • Examining policy coherence between Irish Aid and the Department of Finance
  • Moving forward the goal of establishing a truly multilateral agreement for the automatic exchange of tax information
Irish businesses have also been called upon to act by making tax issues part of their corporate social responsibility and supporting progressive steps taken by the Irish government.

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