Learn About Illicit Financial Flows
Key Terms

Progress on Transfer Pricing in Africa, Netherlands

July 6, 2011

By Marta Ruiz

Marta Ruiz is a senior policy and advocacy officer at the European Network on Debt and Development (Eurodad).

Today we would like to highlight two recent blogs from two of Eurodad members, which discuss some positive developments in the tax transparency arena.

Firstly, following Action Aid’s recent report on SABMiller and its abusive transfer pricing practices in developing countries, several tax authorities in Africa are conducting further investigations on the company’s operations.

“African tax authorities have not only acknowledged the impact of ActionAid’s recent report highlighting tax avoidance by the global brewing company SABMiller, but also committed to doing something new in response to it. Meeting last week to discuss our report under the auspices of the African Tax Administration Forum (ATAF), several of the countries in which SABMiller operates agreed to work together to step up efforts to combat tax dodging by multinationals.”

You can also read the full blog post on this topic by Action Aid’s Martin Hearson.

Secondly, last week the Dutch Parliament adopted a motion urging the government to push for country-by-country reporting to become an international norm. For more information on this development, please follow the link to read the post by Koos de Bruijn.

Let us know what you think about these stories by leaving your comments below.

Share

Disclaimer: Unless specifically stated to be the views of the Financial Transparency Coalition, the opinions expressed on this blog are solely the opinions of the individual blogger and are not necessarily those of the Financial Transparency Coalition.

Latest Press Releases

Report reveals threat to U.S. interests from anonymous shell company owners

Global Witness · September 25, 2014

Owners of anonymous companies registered in U.S. states are ripping off innocent people and businesses across America, says a new report by ...

G20 Introduces “Transparency” Behind Closed Doors

Financial Transparency Coalition · September 21, 2014

WASHINGTON, D.C.—The G20’s recent focus on financial transparency is a welcome development, but instituting bare minimum requirements, or plans that allow for ...

Press Release: No Role for Public Scrutiny in OECD Plan to Curb Corporate Tax Dodging

Financial Transparency Coalition · September 16, 2014

WASHINGTON, D.C. — The Organization for Economic Cooperation and Development’s (OECD) new recommendations to fight multinational corporate tax avoidance look robust from ...