Un mois avant un G20 Finances décisif le 17 octobre, l’ICRICT, Oxfam, le CCFD-Terre Solidaire et le World Inequality Lab invitent les journalistes à une conférence de presse avec quatre économistes membres de l’ICRICT le Jeudi 19 septembre 2019 de 14h30-16h00 à l’Ecole d’économie de Paris : 48 boulevard Jourdan, 75014 Paris (Salle 01.13, au 1er étage) : Joseph E. Stiglitz, Thomas Piketty, Irene Ovonji-Odida et Jayati Ghosh. Les échanges seront modérés par Susana Ruiz Rodriguez, responsable Justice fiscale chez Oxfam International.
The Mauritius Leaks have once again revealed the devastating impact of tax avoidance. ICRICT calls formultilateral accord to overhaul the international tax system, the end of tax havens, the adoption of a minimum global tax and the creation of a Global Asset Registry
La réduction des ressources fiscales en provenance des entreprises, facilitée par les stratégies d’évasion et d’optimisation fiscales des multinationales alimente depuis des décennies les inégalités au sein des pays et entre eux.
Under the proposals being negotiated, global profits of multinationals could be allocated through a formula, making the system more simple and reducing the opportunities for tax avoidance. A global minimum tax is also being discussed, something that would mitigate tax competition and the race to the bottom. The subject will come up again when the G7 finance ministers gather in Chantilly, France on July 17 and 18.
ICRICT supports the introduction of interim solutions by France and UK as they will put pressure on the ongoing negotiation process to reach a multilateral accord to overhaul the international tax system.
ICRICT commissioner Eva Joly is a a former investigative judge and was for ten years a member of the European Parliament. She has renowned track record in fighting corrupt activities and financial crime at the highest echelons of business and politics.
Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants to reduce their corporate taxes. Multinationals face criticism for cutting their tax bills by booking profits in low-tax countries regardless of the location of the end customer. Such practices are seen by many as unfair.
The new rules would mean higher tax burdens for large multinational firms but would also make it harder for countries like Ireland to attract foreign direct investment with the promise of ultra-low corporate tax rates.
ICRICT welcomes the UN “Financing for Sustainable Development Report 2019” finding that a failure to reshape both national and international financial systems will result in the failure of the international community to deliver the 2030 Agenda for Sustainable Development, including eliminating extreme poverty and combating climate change. One of the most important conclusions of the UN’s report is that “Tax revenues are insufficient, and tax rules are inadequate given digitalization” and “small and poor countries are not adequately included in international tax architecture reform efforts”.