Anneliese Dodds MEP

The South East's Voice in Europe

EU action to help tackle tax dodging

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Anneliese votes for EU action to help countries tackle tax dodging - giving governments resources to improve healthcare, sanitation and education.

The report calls for the European Commission to put forward an action plan on supporting developing countries in fighting tax avoidance and evasion and setting up fairer tax systems; financial and technical assistance to developing countries; enforce country-by-country reporting for multinationals; and ensure the UN taxation committee has teeth.

Action on tax dodging will help developing countries work to towards the UN Sustainable Development Goals, which aim to complete the task of the Millennium Development Goals and provide healthcare and education to all children.

Anneliese said: "Tax dodging doesn't just affect businesses and citizens in Europe; it can also be devastating for countries in the developing world. The amount of unpaid tax owed to developing countries is an unbelievable $104 billion every year.

"Just imagine what that money could pay for, and the difference it could make to the lives of the poorest people in the world. That's why it is essential we take action at European level to clamp down on multinational companies not paying their fair share of tax.

"A crucial first step towards achieving that is requiring all major multinational companies to report publicly exactly where they make their profits, and where they pay their taxes."

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