Success in Barclays tax haven campaign

   0   0 Blog, Corporate Tax, Enablers and intermediaries

From ActionAid, some excellent news:

“53,000 people taking action, hundreds of us writing to our MPs, thousands of passionate messages and one Father Christmas later, I’m really pleased to be able to tell you that Barclays have committed to stop promoting tax dodging through tax havens to companies investing in Africa!”

zambian_campaigners_protest_barclays_photo_actionaid

And, by way of context:

“Tax havens cost developing countries three times more than they get in aid every year. But companies wouldn’t be able to move their money into tax havens without the help of banks, which is why we decided to tackle Barclay’s role in this head on. We launched the campaign late last year. And it culminated in thousands of us taking action at the bank’s shareholder AGM in London, where campaigner Will Davis delivered our collective call for action, and won a promise from the bank’s Chief Executive to look into the issue. Mountains of media coverage also helped pile on the pressure.”

Now read on.


Related Posts

UN must defend target to curtail multinational companies’ tax abuse

Photo by Luca Santori, Creative Commons LicenseThe Tax Justice Network, The Independent Commission for the Reform of International Corporate Taxation, and the Global Alliance for Tax Justice call on the UN Secretary General to make sure the commitment to action on tax abuses by multinational companies remains part of the new UN Sustainable Development Goals.

READ MORE →

The BVI: Responsible for worldwide tax losses of $37.5 billion a year

BVI report blogAn extraordinary report by consultants Capital Economics, for BVI Finance, claims that the British Virgin Islands are responsible for $1.5 trillion of assets invested around the world, and that these result in 2.2 million jobs and $15 billion in tax revenue. A better approximation would be that the BVI imposes global tax losses of $37.5 […]

READ MORE →

Event: Making Tax Work for Women in the UK and Globally

Invitation_ Tax and Gender eventOn Wednesday 28th June 2017 at 16.30 our very own Liz Nelson will be speaking at an event in London that aims to bring together gender and tax justice advocates to highlight the need for coherent and gender-responsive fiscal policies to safeguard the rights of women and girls both in the UK and globally. The […]

READ MORE →

Historic event on women, human rights and tax justice in Bogota

BogotaLast week civil society organisations, researchers, labour union activists and policy makers met in Bogota, Colombia to explore how tax justice issues can ensure governments, multinational corporations and others meet their obligations to women in order to secure their full range of human rights. The Women’s Rights and Tax Justice conference opened with a conversation […]

READ MORE →

The Offshore Wrapper: the Panama Papers, one year on

Photos from the Protest outside PwC 1 Embankment Place, part of the Global week of action for tax justiceWelcome to the Offshore Wrapper – your weekly update from TJN.  Happy Paniversary! This week it’s been one year since the Panama Papers were leaked, and a number of organisations around the world have been marking the occasion though the global week of action for tax justice. In London, activists from the TJN and the […]

READ MORE →

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top