Development Finance & Tax Justice - Archive

The central substantive piece during the preparations for the 2017 FfD Forum has been the work of the Inter-Agency Task Force (IATF) and its report “Progress and prospects”.  However, during open briefings from the IATF on the report, Member States – mostly members of the Organisation for Economic Co-operation and Development (OECD) – expressed frustration, wanting to understand the division of responsibilities among Task Force members in report preparations. They referenced the mandate of the IATF [...]

By Sarah Dayringer and Karen Judd

The United Nations Secretary-General Antonio Guterres challenged participants at the 61st Commission on the Status of Women (CSW 61) in March 2017: “Do not let us at the UN off the hook. Keep our feet to the fire.” Many civil society organizations (CSOs) are doing just that –  calling for more from the CSW.

At CSW 61, Dalia Leinarte, Chair of the Committee on the Elimination of Discrimination against Women (CEDAW) said, “[l]inking the [...]

The second FfD Forum will be convened by the President of ECOSOC from 22 to 25 May 2017 at the United Nations Headquarters in New York.

Building on the inaugural FfD Forum, which devoted particular attention to setting up the monitoring framework for the follow-up to the Addis Ababa Action Agenda (Addis Agenda), the 2017 Forum is expected to provide impetus for the implementation of FfD outcomes and the delivery of means of implementation of the 2030 Agenda for Sustainable [...]

UN expert body takes new steps to prevent corporate tax abuses, but more is needed to ensure companies pay their fair share and stop depleting the resources needed to realize human rights.

This paper explores some of the links between tax- and gender justice at the global level by highlighting two central ways in which illicit financial flows and gender injustice are connected. First, through the effects of tax evasion and avoidance and secondly, through the role of financial secrecy jurisdictions and global networks of facilitators which enable illicit financial flows which result from trafficking in women. The paper argues that confronting and dismantling the global enablers and secrecy jurisdictions will be [...]

2016 marks the first year after the adoption of three major international outcome documents including the the Addis Ababa Action Agenda. To implement these decisions, all countries will need to step up the mobilization of domestic resources and increase international cooperation. One of the decisions of the 3rd FfD-Conference was to strengthen the work of the UN Committee of Experts on International Cooperation in Tax Matters (UNTC). At our side-event, we want to learn from experts and discuss where the [...]

The importance of global cooperation on tax issues is becoming more and more evident. The sums lost amount to hundreds of billions annually. While steps to curb the losses are underway, gaps in global tax governance remain both in the institutional setting and with regard to substantive issues. For example, there is still no body with universal membership that could discuss issues that are of particular importance to countries in the Global South. In order to fill these gaps, either [...]

There is a growing global consensus that the secrecy-havens—jurisdictions which undermine global standards for corporate and financial transparency—pose a global problem: they facilitate both money laundering and tax avoidance and evasion, contributing to crime and unacceptably high levels of global wealth inequality.

As economic leaders, the United States and Europe have an obligation to force financial centers to comply with global transparency standards. That they have the instruments to do so has been forcefully shown in the fight against terrorism [...]

A report published today by the Greens/EFA group in the European Parliament reveals how the German chemical multinational BASF has been avoiding paying taxes in the European Union on a grand scale for years. The company BASF makes targeted use of tax advantages in individual countries, and particularly benefits from tax havens such as Belgium, Malta and the Netherlands. Between 2010 and 2014, BASF henceforth, saved a total of almost one billion euros in taxes. Belgium allows the deduction of [...]

Switzerland—arguably the world's leading tax haven—faced tough questions from a UN human rights body in Geneva today over the toll that its tax and financial secrecy policies take on women's rights across the globe. Prompted by a submission from CESR, Alliance Sud, the Global Justice Clinic at NYU School of Law, Public Eye and the Tax Justice Network, the UN Committee mandated to oversee compliance with the Convention on the Elimination of All Forms of Discrimination Against Women (CEDAW) probed [...]

Taxation of multinational corporations is of utmost importance to developing countries, which on average generate around 10% of government revenues from this source. However, there are clear indications that the current international system is not working. One type of tax avoidance alone is currently costing developing countries between $70 billion and $120 billion per year. While often considered highly immoral, such international tax avoidance is often, technically speaking, legal. One of the solutions proposed to developing countries to increase their [...]

This year’s Annual Meeting of the IMF and World Bank took place against the backdrop of continued sluggish growth in developed and developing countries alike. The impact of the commodity price crash weighs heavily on many developing countries and has caused a significant fall in global trade. While the IMF warns that both private and public debt levels remain dangerously high, that the anticipated deleveraging did not happen, the main response of the Bretton Woods Institutions (BWIs) is new lending [...]

By Aldo Caliari

Due to UNCTAD’s decidedly pro-South and uncompromising development-focused mission, its quadrennial conferences have traditionally been North –South showdowns. Coming a few months after the adoption of the ambitious and universal 2030 Agenda for Sustainable Development and its 17 associated goals, the theme of the XIV Quadrennial Conference of UNCTAD (the United Nations Conference on Trade and Development) was “From Decisions to Actions.” There was, therefore, reason to expect that this time members would bridge their differences for [...]

In July 2015, the international community will have the chance to change the future of finance development. Governments, civil society, trade unions and other actors will meet for the third UN conference on Financing for Development (Ffd) in Addis Ababa (Ethiopia) to take concrete decisions for the future of development and how to finance it. In the run-up to this crucial meeting, two major reports have been released which are intended to inform the upcoming debates: one from the Intergovernmental [...]

Maximum Available Resources, Non-retrogressoin and Minimum Essential Levels in Tax Policy” is the second in a series of advocacy tools on human rights and tax policy produced by the RightingFinance Initiative. The series aims to assist education and dissemination of standards on tax policy and human rights contained in a report produced by the UN Special Rapporteur on Extreme Poverty and Human Rights. Drawing on that report, this second publication lays out the normative foundations for maximum available resources, non-retrogression [...]

Aldo Caliari, Director of the Rethinking Bretton Woods Project at the Center of Concern, reports on the outcomes of the first ECOSOC Financing for Development Forum that took place April 18 to 20, 2016 in New York. The Forum was intended to be the centerpiece of a reinvigorated follow up to the Financing for Development process created by the Third Financing for Development Conference held in Addis Ababa in 2015. "[...] those observing the first event to follow up on [...]

By Barbara Adams and Sarah Dayringer

Less than one month ago the UN Commission on the Status of Women (CSW) adopted its “ agreed conclusions” on “Women’s empowerment and the link to sustainable development.”

From 18-20 April, the Financing for Development Forum (FfD Forum) will provide an early test on the commitment and ability of Member States and the UN system to finance the 2030 Agenda for Sustainable Development and address structural obstacles to development. 

The CSW Agreed Conclusions state [...]

By Barbara Adams and Sarah Dayringer

Less than one month ago the UN Commission on the Status of Women (CSW) adopted its “ agreed conclusions” on “Women’s empowerment and the link to sustainable development.”

From 18-20 April, the Financing for Development Forum (FfD Forum) will provide an early test on the commitment and ability of Member States and the UN system to finance the 2030 Agenda for Sustainable Development and address structural obstacles to development. 

The CSW Agreed [...]

"As revelations in leaked documents from Panama’s Mossack Fonseca law firm send shockwaves around the world, the threat to human rights represented by international tax abuse has been thrown into stark relief. Dozens of political leaders from all corners of the globe have been implicated in large-scale tax evasion and avoidance through secrecy jurisdictions (tax havens), effectively robbing government coffers around the world of much-needed resources that might otherwise be used to fulfill the human rights of ordinary citizens," writes [...]

On the occasion of the United Nations Economic Commission for Europe's Forum on Public Private Partnerships, the Addis CSO Coordination Group, a broad coalition of NGOs working on the issues of the Financing for Development Agenda since the first International Conference on FfD in Monterrey in 2001, has published an open letter. The authors challenge the attempt by UNECE to define international standards on PPPs as illegitimate and call for the issue to be raised during the upcoming FfD Forum [...]

During the United Nations observance of International Women’s Day 2016, Barbara Adams from Global Policy Forum and Social Watch addresses the obstacles to Women’s Rights: the unfair global trade and investment system and the lack of a debt workout mechanism deviate the resources that should ensure an universal social protection floor.

See the video here.

Tax avoidance and evasion represent a systemic drain on government revenues needed for the fulfillment of women’s rights and gender equality. As the international human rights system begins to grapple with the consequences of tax policy for human rights, a groundbreaking initiative is about to shine a bright light into the dark corners of financial secrecy.

Switzerland – arguably the world’s most important tax haven — may soon face scrutiny from the United Nations human rights system over its role [...]

"Governments should be able to change their tax systems to ensure multinationals pay their fair share and to ensure that critical public services are well funded. States must also be able to reconsider and withdraw tax breaks previously granted to multinationals if they no longer fit with national priorities. But their ability to do so, to change tax laws and pursue progressive tax policies, is limited, thanks to trade and investments agreements", says a new briefing paper by Claire Provost [...]

One of the concrete commitments from the Addis Ababa Action Agreement and the 2030 Agenda for Sustainable Development (2030 ASD) is the Technology Facilitation Mechanism (TFM). Spearheaded by Brazil and France, the development of the TFM has been described by Sérgio Rodrigues dos Santos of Brazil, as a “testimony to the strength of multilateralism through collective action.”

Expectations are high for TFM in a briefing on its progress, the President of the UN General Assembly lauded the TFM launched in [...]

Following the global financial crisis, low-, middle-and high-income countries are seeing increased levels of sovereign debt. Today, no international mechanism exists to deal comprehensively and effectively with sovereign debt problems. This submission to the UN ad hoc committee on debt that was prepared and endorsed by 27 Civil Society Organizations, calls for an international and independent debt workout mechanism.