Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Paradise Papers: NZ Govt urged to demonstrate leadership

Paradise Papers: NZ Govt urged to demonstrate leadership on global tax avoidance - Oxfam

The New Zealand Government has a huge opportunity to demonstrate leadership on the global stage in reforming the worlds rigged and unjust global tax system, Oxfam said today.

“The Paradise Papers have laid bare the extent to which multinationals and extremely wealthy individuals continue to exploit a broken global system that allows them to avoid paying their fair share of tax.” said Rachael Le Mesurier, Executive Director of Oxfam New Zealand.

“It’s time for the world’s political leaders to put the interests of the public – who are paying their fair share of taxes - over corporates and the super-rich and put a stop to tax scandals like this, once and for all,” she said.

“Tax avoidance fuels poverty and inequality everywhere. When the super-rich and corporations such as Apple and Nike avoid taxes, ordinary people - and particularly the poorest - pay the price as governments, especially in developing nations, increase their taxes or cut funding for vital public services.

“Tax cheats are robbing governments in the poorest countries of much-needed funding for clean water, education and healthcare. Corporate tax avoidance alone costs poor countries at least $100 billion every year - enough money to provide an education for 124 million children and prevent the deaths of at least six million children.

“When it comes to tax it is still one rule for the super-rich and another for everyone else,” said Le Mesurier. “This is unacceptable in a system that funnels tax revenue away from where it is needed most in developing nations - where many of these multi-nationals earn revenue.”

Oxfam is calling on the New Zealand Government to be part of a global solution for greater tax transparency and close the loopholes that allow companies and the super-rich to avoid tax.

Le Mesurier said Oxfam welcomes Labour’s commitment to establish a Tax Working Group and the opportunity it provides New Zealand to demonstrate leadership on a global scale in reforming the worlds broken tax system. Oxfam urges that the terms of reference for the group include NZ joining the global momentum for greater tax transparency.

“New Zealand has a real opportunity here to work with other political leaders and shut down tax havens by establishing a global tax haven blacklist; end tax secrecy so that its clear if corporations and the super-rich pay their fair share of tax; and kick start a new round of tax reforms that rebuild the tax system in the interests of the majority and not the few.


“Tax transparency is an essential step in fighting global tax avoidance. We need multinationals to publish their profits, taxes and assets for every country in which they operate. Making this information public would mean we don’t have to rely on leaks and scandals to find out if companies are paying their fair share.

“It’s time for global corporations to clean up their act. Until real action is taken, the super-wealthy and big companies will continue to shirk paying their fair share of taxes – and ordinary people and the world’s poorest pay the price.”

//Ends//


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Sam Uffindell’s Sorry Excuse For An Apology


Most of us believe in redemption and atonement… But the timing, the nature and the semantics of Sam Uffindell‘s apology for his role in a gang that beat a younger kid (reportedly) with wooden bed legs, has left much to be desired. The victim seems pretty clear about the motivation behind Uffindell’s apology, which came out of the blue 22 years after the event...
More>>




 
 

Auditor-General: Submission On The Water Services Entities Bill
We have published our submission to the Finance and Expenditure Committee on the Water Services Entities Bill. Because water services are critical to everyone, our focus is on how the public and Parliament are able to influence the performance... More>>



Luxon: Speech To The 2022 National Party Annual Conference

Kia ora! What a brilliant conference! The energy wave from this weekend will carry us right through to election year and I say: bring it on... More>>


National: Five Years Of Failure For Light Rail
Construction of light rail in Auckland might not begin until 2025 despite tomorrow marking five years since Jacinda Ardern announced it would be delivered to Mt Roskill by 2021, National’s Transport spokesperson Simeon Brown says... More>>


Green Party: Abuse Revelations Leave No Choice But To Overhaul RSE Scheme
The Green Party is calling on the Government to overhaul the Recognised Seasonal Employers scheme in the wake of revelations of shocking human rights violations... More>>



Government: More Women On Public Boards Than Ever Before

“Women’s representation on public sector boards and committees is now 52.5 percent, the highest ever level... More>>


Te Pāti Māori: Debbie Ngarewa-Packer Calls On PM To Support Bill To Ban Seabed Mining

Te Pāti Māori Co-leader, Ngāti Ruanui and Ngā Rauru uri Debbie Ngarewa-Packer is today celebrating that her Prohibition on Seabed Mining Legislation Amendment Bill has been drawn from Parliament’s biscuit tin... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels