Fast food and public sector unions from
across the Atlantic came together to expose the extent of the tax avoidance
practices of fast food giant McDonald's.
In a
joint report from unions
and the NGO War on Want,
they show that McDonald's has avoided over 1 billion Euros between 2009 and
2013.
PSI
General Secretary Rosa Pavanelli says that European governments have no excuse
for painful austerity measures while multinational companies are allowed to
avoid this amount of taxes.
“Who can be surprised that corporate
profits and inequality grow while unemployment rises and public services are
cut, when we now know that companies like McDonald’s shift their profits out of
the countries that make them wealthy. Everyone benefits when companies pay tax
where they make the profits,” Pavanelli said.
PSI
has been campaigning against
multinational corporations shifting their profit to tax havens. PSI
attended the G20 summit in
Brisbane to take the message to the world's leaders that universal public
health can be afforded if we ensure corporations pay their fair share.
PSI
and TUAC have been lobbying
the OECD to ensure that
its review of these practices makes a real difference.
For
more information:
Public Services International - 45, avenue
Voltaire - 01210 Ferney-Voltaire, France
Tél. : +33 4 50 40 11 48 – communications@world-psi.org - www.world-psi.org
Tél. : +33 4 50 40 11 48 – communications@world-psi.org - www.world-psi.org