Tax
‘Where is the fairness?’ – UN finance expert hits out at 15 per cent global tax rate
Dr Attiya Waris has warned that tax evasion and illicit financial flows are denying governments the funds necessary to properly address people’s human rights.
Setting the global corporate tax rate at 15 per cent was “disappointing” in its lack of ambition, but countries must now focus on a new global framework to stem global tax evasion, according to a leading international finance and human rights expert.
Responding to the newly implemented 15 per cent global corporate tax rate, which was agreed under the OECD’s base erosion and profit shifting (Beps) process, Dr Attiya Waris said most individuals would pay ...