As public deficits balloon and extreme wealth explode, creating a minimum tax on the assets of billionaires should be a priority, argue seven Nobel Prize-winning economists in an op-ed for Le Monde. Published on July 7, 2025, at 5:23 pm (Paris), updated on July 7, 2025, at 5:52 pm This op-ed was signed by Daron […]

16 July 2025

The Vatican will host an event this Thursday (13 February) together with the Independent Commission for the Reform of International Corporate Taxation (ICRICT), where global leaders, policymakers, academics, and civil society representatives will call for international tax reform to protect democracy from extreme wealth. PSI’s General Secretary Daniel Bertossa will join the event as co-chair of the […]

13 February 2025

We are writing this open letter to you to express our concerns on the International Monetary Fund’s (IMF) approach to the ongoing negotiation of financial assistance to Sri Lanka. As you have repeatedly noted, the world is currently facing multiple and interlinked crises that are greater, deeper, and potentially more catastrophic than ever before. These […]

13 July 2023

Wealth inequality poses serious risks to economies, to societies more broadly, and to the functioning of democracies. And yet the actual magnitude of wealth inequality is unknown because of the deep financial secrecy that surrounds it. It also allows individuals and entities to hide proceeds of corruption, engage in money laundering and the financing of […]

8 January 2020

New Delhi – For some time now, multinational companies (MNCs) have been gaming the rules of the global economy to minimize their tax liability – or even eliminate it altogether. And for some time now, the Independent Commission for the Reform of International Corporate Taxation (ICRICT) has argued for the unitary taxation of MNCs. Fortunately, there have […]

17 April 2019