Posted: April 2016
In light of the Panama Papers leak, the eyes of the world are on the rich and powerful hiding their billions offshore, not paying the taxes due to the countries they operate in. Next month (May 2016), David Cameron is holding a global anti-corruption summit in London. This is his chance to show leadership and ensure that all seven British Overseas Territories with financial centres have to publish public registers of Beneficial Ownership. This will help to tackle corruption by increasing tax transparency and enabling more people to scrutinise who owns what and who benefits.
Developing countries are especially hard hit as missing tax revenues could help pay for measures to combat epidemics such as Ebola. Click here to go to the Christian Aid site and add your signature to their petition to the PM. Click here to see their video on the topic.
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