The impact of tax dodging
$200bn
Poorer countries lose an estimated $200billion3 to tax dodging every year – more than the international aid sent by all rich countries put together
£17m
The company Associated British Foods dodged at least £17 million4 of taxes in Zambia
48,000
The tax dodged by Associated British Foods could send an extra 48,000 children5 to school every year
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- 1 Tom Bergint. (2012). Special Report — How Starbucks avoids UK taxes. Available: http://uk.reuters.com/article/2012/10/15/uk-britain-starbucks-tax-idUKBRE89E0EW20121015. Last accessed 14th Dec 2015. ↩︎
- 2 Ian Griffiths. (2012). Amazon: £7bn sales, no UK corporation tax. Available: http://www.theguardian.com/technology/2012/apr/04/amazon-british-operation-corporation-tax. Last accessed 14th Dec 2015. ↩︎
- 3 International Monetary Fund . 2015. IMF Working Paper. (ONLINE) Available at: https://www.imf.org/external/pubs/ft/wp/2015/wp15118.pdf. (Accessed 16 October 15). ↩︎
- 4 ActionAid. (2013). ActionAid exposes tax avoidance by Associated British Food Group in Zambia. Available: https://www.actionaid.org.uk/latest-news/actionaid-exposes-tax-avoidance-by-associated-british-food-group-in-zambia. Last accessed 14th Dec 2015. ↩︎
- 5 ActionAid. (2013). ActionAid exposes tax avoidance by Associated British Food Group in Zambia. Available: https://www.actionaid.org.uk/latest-news/actionaid-exposes-tax-avoidance-by-associated-british-food-group-in-zambia. Last accessed 14th Dec 2015. ↩︎