Loading...
The IFC and Tax Havens: The need to support more responsible corporate tax behaviour
Jespersen, Sara
Jespersen, Sara
Citations
Altmetric:
Titre
Publication date
2016-04-11
Document type
Briefing note
Pages
20
Author(s)
Advisors
Editor(s)
Other Contributors
Affiliation
ePub Date
Submitted date
Subject
Local subject classification
MeSH
Keywords
Country
Collections
Files
Loading...
English paper
Adobe PDF, 632.06 KB
Description
<p>Oxfam analysis reveals that 51 of the 68 companies that were lent money by the World Bank's private lending arm in 2015 to finance investments in sub-Saharan Africa use tax havens. Together these companies, whose use of tax havens has no apparent link to their core business, received 84 percent of the International Finance Corporation's investments in the region last year. As the World Bank and IMF prepare for their Spring Meeting in Washington 13-15 April, and in the wake of the Panama Papers scandal which reveals how powerful individuals and companies are using tax havens to hide wealth and dodge taxes, Oxfam is calling on the World Bank Group to put safeguards in place to ensure that its clients can prove they are paying their fair share of tax.</p>
Language
English
Other Titles
Abstract
Citation
Publisher(s)
Journal
Journal Theme
Volume
Issue
Research Unit
DOI
Table of contents
Series
ISSN
EISSN
ISBN
978-0-85598-702-2