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 Buying Ventilators, And Expanding The Testing For Covid-19

Before getting into recent developments….. who knew that Covid-19 was so powerful it could make NZ parliamentarians act like adults, and make them pose intelligent questions to officials and Cabinet Ministers about issues of public interest? Wowzah. Yet that’s what happened yesterday during the first session of the Epidemic Response Committee (ERC) which allows the Opposition (and a few backbench MPs) to critically scrutinise the government’s response to Covid-19. If normality ever returns, could we make Parliament be more like this, and less like the usual Question Time circus in the House..?More>>

 

Government: Seeking Infrastructure Projects


The Government has tasked a group of industry leaders to seek out infrastructure projects that are ready to start as soon as the construction industry returns to normal to reduce the economic impact of the COVID-19 pandemic, Economic Development Minister Phil Twyford and Infrastructure Minister Shane Jones say...More>>

ALSO:


Police Commissioner: Christchurch Terrorist Pleads Guilty

Police acknowledge the guilty pleas in the Christchurch Mosque attacks prosecution that were entered in the Christchurch High Court today. The guilty pleas to 51 charges of murder, 40 charges of attempted murder and one charge of engaging in a terrorist ... More>>

ALSO:

Transport: $54 billion Investment In Draft GPS 2021

The Draft Government Policy Statement (GPS) 2021 on land transport confirms that the Government will invest a record $54 billion in its balanced transport policy over the next decade. More>>

ALSO:

Gordon Campbell: On The Loss Of Abortion Safe Zones

No doubt, last night’s defeat of abortion law reform provisions that would have created safe zones around abortion clinics will be portrayed, by some, as a victory for free speech. It isn’t. It was a victory for bigotry and intimidation directed ... More>>

ALSO:

Gordon Campbell: On National's Regulation Crusade

Lets step back in time now, to simpler days and to simple-minded solutions. So…. if National gets elected, landlords will once again be able to evict tenants at will, raise rents anytime they like, and ignore the need to install a healthy standard of heating in the homes they put out to rent. This promised ‘bonfire of regulations’ is being done in the name of cutting red tape... More>>

ALSO:

SMC - Expert Reaction: PF2050 Strategy

DOC has released a strategy to reach Predator Free 2050, along with an action plan through to 2025. The predator-free goal focuses on three groups of mammals: possums, three species of rats, plus stoats, ferrets and weasels... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels