From today\’s little email of theirs giving journalists a quote or two:
Chris Jordan, ActionAid’s tax expert, said: “Today’s OECD study demonstrating how multinational companies game the international tax system is a welcome breath of fresh air. Yet ActionAid are concerned that the solutions proposed will not bring significant benefits for the world’s poorest countries for years to come.
“The OECD correctly identifies that the lack of a level playing field stifles the development of small businesses, which ultimately stunts economic growth and development. However the incremental reforms it recommends offer limited hope to small business in the short term. A more fundamental revision of the international tax architecture is urgently required.
So, we agree that the payment of tax is a burden on business then. Must be, otherwise having to pay tax wouldn\’t stifle development, would it?
So, what is that fundamental revision of the international tax architecture that is needed? Err, how about not taxing companies so that their development is not stifled?
Or is that just too simple, logical and obvious?