Thursday, 9 May 2013

On cheap clothing, development and tax dodging


"Developing countries like Bangladesh lose an estimated $160bn in tax dodging by multi-nationals annually. That's a bigger sum than all the money spent by governments around the world on aid. And George Osborne's change to the rules on how foreign subsidiaries of multinationals are taxed in last year's Budget will make it more attractive for large firms to avoid their economic responsibilities in poor countries."

Read more: http://goo.gl/mag/uD7tFZy

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