Developing countries lose vast amounts of money each year due to tax dodging, bribery, corruption and illicit financial flows. This is money that could be used to provide essential services like healthcare, education and water and lift millions out of poverty.
Not only is the amount flowing out of developing countries each year through corporate tax dodging more than they receive in aid, it is enough to enable poor countries to lift themselves out of poverty!
We need to act and the time is ripe. With this issue on the agenda for the G20 hosted in Brisbane this November, Australia has an opportunity to play a key role in breaking down the walls of financial secrecy.
Join us as we shine the light on corporate tax evasion to bring these practices out from under the veil of darkness into the light where they can be overcome.
恭喜发财 Gōngxǐ fācái. Congratulations and be prosperous!
I also pay respect to all the First Australians past and present who have taken care of this great continent for more than 40,000 years.
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