Quote of the day – Africa hit by global tax intrigues

TJN-Africa’s Alvin Mosioma

Here’s our quote of the day, via the Financial Transparency Coalition:

“African nations are at the epicenter of the crisis of illicit financial flows, yet they are not even in the room when decisions are being made,” said Alvin Mosioma, Executive Director of the Tax Justice Network Africa. “A global tax body is one important step in fixing this global problem.”

Now read on. It’s an important post, as the intro paragraph makes clear:

“As decision makers continue to deliberate in Addis Ababa for the 3rd Financing for Development Conference (FfD), blocking from the US, Japan and European nations on the issue of a global tax body to combat international tax dodging and illicit financial flows is threatening to derail the entire summit.”