Logo

 

Banner Image:   Baptist-Times-banner-2000x370-
Template Mode:   Baptist Times
Icon
    Post     Tweet


Giving tax dodgers nowhere to hide

 

It’s time to end phantom firms, writes Christian Aid's Al Roxburgh



On the ferry back from the Enough Food For Everyone IF rally in Belfast in June I remember being exhausted but pleased that all the campaigning on tax dodging had resulted in some positive moves from world leaders at the G8 meeting in Northern Ireland.

All UK backed tax havens committed to sign a convention that would help improve transparency and G8 leaders outlined their ambition to crack down on corporate tax dodging.  The next task is to hold them to their promises and make sure they back up their warm words with solid actions.

Back then David Cameron announced plans for a public registry of UK company owners so that it can be clearly seen who owns what and for whose benefit.  But there is concern that Cameron is thinking of backtracking and making the registry private which would undermine his positive words on tax transparency.

Christian Aid has launched a campaign to demand that this registry is made public so that tax authorities in developing countries can curb abuse and civil society organisations can hold Governments to account.  It makes no sense to have a registry to aid tax transparency and keep it a secret.

As John 3 verse 19-20 says: “Men loved darkness instead of light because their deeds were evil. Everyone who does evil hates the light, and will not come into the light for fear that his deeds will be exposed”.

But it’s not just tax justice campaigners that want an end to company secrecy.  The public are in favour too.  Christian Aid recently commissioned ComRes to conduct a survey to find out public attitudes to tax dodging.

Some 84 per cent of those polled expressed anger at multinationals avoiding tax, up from 80 per cent in an earlier ComRes poll for Christian Aid in February this year. The majority of respondents, 57 per cent, believe that company owners should not be allowed to keep their identities secret and only  nine per cent said company owners had a right to privacy.

Phantom firms are like Russian dolls. Who really owns them is often a mystery and this secrecy allows criminals to pay bribes and evade tax, especially in developing countries which lose more than $160 billion a year in dodged taxes.

The IF campaign achieved a great deal but the hard part is holding politicians to account and delivering on their promises.  We need to give them every reason to do the right thing and show them the British public want them to act.

Please sign our petition calling on business secretary Vince Cable to ensure public registers are created which reveal who owns what, where, and for whose benefit at.
 

 
    Post     Tweet
The Beautiful People - chaplaincy at the 2024 Download festival
I had the immense privilege of being a chaplain at the metal/rock festival Download, writes Baptist minister Ken Franklin. Like the other chaplains there, I had many conversations and opportunities to pray, simply because I was out in faith with my people
Empowering ordinary churches to become disciple-making communities
We have found more and more leaders and churches wondering about how mission, evangelism and discipleship might be more effective if things were a little simpler, smaller - and more scattered around everyday life, write Chrissy Remsberg and Alex Harris
The Rooftop - joining Jesus in His mission  
Baptist minister Torquil Allen introduces The Rooftop, which exists to inspire and equip the church and church leaders to become passionate about, and effective in, making disciples who make disciples ‘outside the walls’ of the church building
To fast or to feast? 
What are we as Christians to think about fasting? Colin Sedgwick shares six reflections
Where is the bravery, the inner strength?
As the Israel-Hamas war drags on, there seems to be no forgiveness, no sense of servanthood, no transformative approach, writes David Nelson. We must pray and shout for justice
Christian hope for a world in crisis 
The church has a crucial role to play in responding to today's security challenges, writes John Heathershaw, but we need to develop new answers. Here are three suggestions
     The Baptist Times 
    Posted: 07/05/2024
    Posted: 12/02/2024
    Posted: 22/12/2023
    Posted: 16/12/2023
    Posted: 19/10/2023
    Posted: 19/10/2023
    Posted: 10/10/2023
    Posted: 26/09/2023
    Posted: 23/09/2023
    Posted: 20/09/2023
    Posted: 04/09/2023
    Posted: 17/07/2023