Losses to OECD tax havens could vaccinate global population three times over 

View this email in your browser ([link removed])


** The State of Tax Justice 2021 is out!
------------------------------------------------------------
The Tax Justice Network, PSI - Public Services International and the Global Alliance for Tax Justice are launching the 2021 edition of the State of Tax Justice, which documents how a small club of rich countries with control over global tax rules is responsible for the majority of tax losses suffered by the rest of the world.

Here are some key findings:

💸 US$ 483 billion in tax is lost a year to global tax abuse committed by multinational corporations and wealthy individuals – enough to fully vaccinate the global population against Covid-19 more than three times over.

🌍 OECD members were found to be responsible for facilitating 78 per cent of the tax losses countries suffer a year. They facilitate the handing over of $378 billion a year from public purses around the world to the wealthiest multinational corporations and individuals.

🚨 Global tax abuse enabled by rich countries is hitting poorer countries the hardest. While higher income countries lose 9.7 per cent of their collective public health budgets, lower income countries' losses account for nearly 48 per cent of their public health budgets – and unlike OECD members, they have little or no say on the international rules that continue to allow these abuses.

Download the State of Tax Justice 2021 ([link removed])
The report is also available in Spanish ([link removed]) , French ([link removed]) and Portuguese ([link removed]) .

============================================================
Global Alliance for Tax Justice
We are a Southern-led global coalition in the tax justice movement. Our regional networks collectively represent hundreds of organisations from Asia, Africa, the Americas & Europe. Together we campaign for progressive and redistributive taxation systems at the national level, and for a transparent, inclusive and representative global tax governance at the international level.
** Twitter ([link removed])
** Facebook ([link removed])
** Instagram ([link removed])
** YouTube ([link removed])
Copyright © 2021 Global Alliance for Tax Justice, All rights reserved.
GATJ Newsletter Subscribers

Our mailing address is:
[email protected]

Want to change how you receive these emails?
You can ** update your preferences ([link removed])
or ** unsubscribe from this list ([link removed])
.
Email Marketing Powered by Mailchimp
[link removed]