New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists.In a letter to world leaders, the group urges the UK to “take a lead” in the push for more tax transparency.
Poor countries are the biggest losers from tax havens, they claim.
The letter’s signatories, co-ordinated by charity Oxfam, include best-selling author Thomas Piketty and 2015 Nobel Prize economics winner Angus Deaton.
The letter comes ahead of the UK government’s anti-corruption summit on Thursday, which politicians from 40 countries as well as World Bank and IMF representatives are expected to attend.
New global rules on firms’ tax disclosure urged by economists
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