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
Impeached to empowered – the second coming of Donald Trump
What Christians should watch for this time around, by Baptist minister Chris Goswami. Chris blogged about the the first Trump presidential win in 2016
Donald Trump, Four Beasts, and the Son of Man
Whether you're greeting the emergence of a new world leader with great fear or great hope, the book of Daniel helps us to remember that all human leadership is provisional, partial, and impermanent, writes Helen Paynter
Ten years stitching inspired by the Bible
A huge textile exhibition began a three year tour of UK cathedrals on 16 January Creator and Baptist church member Jacqui Parkinson explains how she wanted to produce artwork everyone can enjoy - and bring them closer to experiencing God’s love
Jigsaw, The Missing Piece – an 80-year autobiography
After navigating two long pastorates, nomadic travels and 61 years of marriage, Baptist minister Terry Jones has a lifetime of recollections to share
'A call to embrace transformation'
Kate Coleman introduces her new book Metamorph: Transforming Your Life and Leadership - Inspired Wisdom from the Extraordinary, Ordinary People of the Bible
Jimmy Carter - a Baptist Christian 'to whom faith and practice mattered deeply'
David Coffey shares a tribute to the 39th President of the United States, who died on 29 December aged 100
     The Baptist Times 
    Posted: 18/12/2024
    Posted: 11/12/2024
    Posted: 28/11/2024
    Posted: 18/11/2024
    Posted: 14/10/2024
    Posted: 02/10/2024
    Posted: 22/07/2024
    Posted: 07/05/2024
    Posted: 12/02/2024
     
    Text Size:  
    Small (Default)
    Medium
    Large
    Contrast:  
    Normal
    High Contrast