How to stop tax dodging
By far the greatest contribution business can make to development is through the very act of running its business - paying suppliers, paying wages, paying taxesGraham Mackay, Chief Executive of SABMiller
We agree with Graham – so it’s time for his company to stop tax dodging.
We want the government to support developing countries in tackling tax-dodging multinationals by:
>> Putting pressure on the G20 to tackle tax havens, and make companies publish a basic set of accounts in every country in which they operate.
>> Taking responsibility for multinationals based in the UK by ensuring that Britain’s tax rules make it harder, not easier, for them to dodge taxes in developing countries.
>> Offering aid money to help them strengthen their tax authorities.What are we asking multinational companies to do?
>> Incorporate tax justice into their corporate social responsibility programme.
>> Stop the secrecy – make their affairs more transparent by publishing a basic set of accounts in every country they work in – including tax havens.
What are we asking multinational companies to do?
>> Incorporate tax justice into their corporate social responsibility programme.
>> Stop the secrecy – make their affairs more transparent by publishing a basic set of accounts in every country they work in – including tax havens.
The full facts
FTSE100 tax haven tracker
Why tax matters: real lives
“I am appealing to the companies to pay their taxes so that the government can provide our schools and light and water, because we are the human resources of the future.”
The legal bit
The crucial distinction between avoidance and evasion: We use the terms ‘tax dodging’ or ‘tax avoidance’ interchangeably to cover strategies that are legally permissible, but which ActionAid regards as ethically questionable. There is no suggestion that SABMiller has broken the law by evading tax.
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