Friday, 8 April 2016

Austerity is unjustifiable while richest are allowed to dodge taxes: Panama papers highlights hypocrisy - News from PSI web


The curtain has been pulled back. The Panama Papers have exposed the inner workings of a broken tax system for all the world to see. It is no longer possible for our governments to justify austerity when they let the richest avoid paying their fair share of tax. Now the public will be letting governments know that this is just the first step on the road to a more transparent and fairer global tax system. Read PSIs full statement and watch our video outline of the Panama Papers.

PSI has also produced a draft statement for affiliates to distribute in their own countries, on how the Panama Papers expose a system which undermines public services.

We recommend you fill in all parts of the statement highlighted in bold with relevant examples for your local region or country.

Below are some useful links for finding out about the costs of tax avoidance to countries:
·          Cost of Tax Avoidance by US multinationals: http://www.world-psi.org/en/table-missing-tax-payments

If you google search your country name and tax evasion cost then there are usually a range of sources.

If we can assist in any other way please let us know,

Regards
PSI Communications Team

·          PSI statement
·          PSI video outline of the Panama Papers

·          Draft statement for affiliates (Word)