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Showing posts with label Baptist Union of Great Britain. Show all posts
Showing posts with label Baptist Union of Great Britain. Show all posts

May 12, 2011

British Baptists urge end to tax-dodging by multinational corporations

An annual assembly of British Baptists called on the government to crack down on strategies used by multinational corporations to avoid paying taxes in the Third World.

While not illegal, a Baptist Union of Great Britain resolution said that tax-avoidance strategies cost developing countries about $160 billion in lost tax income that could help them build financial sustainability.