Saturday, October 30, 2010

Trace the Tax

Debt and Development Coalition Ireland and Christian Aid Ireland have jointly launched a new campaign, Trace the Tax, this week.

International tax dodging, made possible by secrecy in the global financial system, results in the loss for many countries in the developing world of tens of billions of dollars each year.



The campaign is calling on multinational companies Vodafone and Unilever to;

- back a new international accounting standard on country-by-country reporting as a means of preventing tax dodging.
- ask their auditors to back it too and the International Accounting Standards Board to introduce it

These companies are well known within Ireland, internationally recognised and have both publically expressed a commitment to corporate social responsibility (CSR). They can become positive examples within the business community and help to dramatically build campaign momentum.

Call on Vodafone, Unilever and the Irish Government to support country-by-country reporting and stop tax dodging now.

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