Christian Aid UK recently held their Alternative Tax Awards OUTSIDE the Hilton Park Lane in London as the accountancy industry celebrated its achievements in tax bill minimisation inside. As part of the Big Tax Return campaign, Christian Aid questioned those attending the awards inside about the fact that poor countries are losing $160 billion a year through tax dodging, with a large majority extremely positive about the campaign.
The Alternative Tax Awards mission was to highlight that poor countries are losing out on vast amounts of money which could help them pay for desperately needed schools and hospitals. The Big Tax Return is all about getting poor countries their money back, and now UK companies will have to declare their profits and tax bills in all countries in which they operate, not just at home.
Thanks to the many emails sent by Christian Aid supporters urging the government to enforce country by country tax reporting country by country, poor countries will now be able to hopefully save billions of dollars every year.
