G8 tax deal a step in right direction but leaves major unfinished business | ActionAid UK

G8 tax deal a step in right direction but leaves major unfinished business

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Responding to the G8 agreement on tax, Sally Copley, Enough Food For Everyone IF, spokesperson, said: “Today’s G8 tax deal is a step in the right direction, but it also leaves major unfinished business.

“Although the G8 has set out the right ambition on information exchange, poor countries battling hunger can’t afford to wait to be included.

“It’s progress that more tax authorities will know who owns phantom firms so they can crackdown on them, but a summit focussed on transparency can’t justify keeping this information secret.

“The public argument for a crackdown on tax dodging has been won, but the political battle remains. Future G8s and G20s must urgently finish the job.”