Tax campaigners challenged over sustainable development goals

Tax and global development experts have challenged a campaign group’s call for multinational tax avoidance to be featured among the “illicit financial flows” targeted in the U.N.’s Sustainable Development Goals.

“The definition of an illicit financial flow has always included tax avoidance by multinational corporations,” the Tax Justice Network said in a June 23 blog post, adding that illicit financial flows also include the laundering of the proceeds of crime, tax abuses by individuals, and “other corrupt money.” But one tax expert told Tax Analysts that tools used to tackle illicit financial flows are not relevant to tax avoidance. Read more:

My news story for Tax Analysts, June 30 (paywall)