18 Aug 2011

We are losing £18bn every year to tax havens

Tax havens - many of them British - are robbing the UK and developing countries alike of billions of pounds in government revenue every year.  Last month a new report by War on Want, civil service union PCS and the Tax Justice Network calculates that the UK exchequer loses up to £18bn in revenue annually to tax havens, while developing countries are deprived of up to 10 times that sum every year. Caroline Lucas MP was at the launch - it is extraordinary how little noise other parties are making about this key issue.

See the report here. See also my 6 videos of the excellent talk re Tax Havens in Stroud earlier this year here.

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