28 March 2009

False Profits: robbing the poor to keep the rich tax-free

As the G20 meet in London to discuss a way out of the global economic crisis, new research commissioned by Christian Aid shows how billions of pounds are lost each year to countries both rich and poor through tax dodging.
False Profits is a shocking indictment of a financial system that allows such abuse to thrive.
Author Dr David McNair, Christian Aid’s senior economic justice adviser, says: ‘Paying as little tax as possible, regardless of the social consequences, has for many become an acceptable way of doing business.
‘The money lost could be used to provide schools, hospitals and better living conditions worldwide.’

Read the report

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