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Crackdown on tax dodging could end hunger
14 June 2013
Poor countries could eliminate hunger by 2025 with just a quarter of the money they currently lose to tax dodging by multinational companies, the Enough Food IF campaign said today.
This weekend, David Cameron will host the Open for Growth: Tax, Trade and Transparency Summit, where G8 representatives have the chance to lay the groundwork towards an ambitious tax reform deal at the G8 Summit (17-18 June). But the IF campaign warned there is ‘a grave danger’ that any deal could exclude poor countries.
IF spokesperson, Melanie Ward, said: “Tax dodging is immoral and indefensible wherever it takes place, but in the poorest states in the world it has a particularly high human cost. To allow billions to be drained out of poor countries and into tax havens, while millions of people still go hungry is scandalous."