Development Finance Institutions and Responsible Corporate Tax Behaviour: Where we are, and the road ahead
Overview
Many Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes. This is the finding of an analysis of publicly available policies of nine DFIs related to corporate tax payments, which suggests that DFIs are doing too little to encourage responsible corporate tax behaviour. Some DFIs have taken important steps forward, which this paper documents; however, many DFIs are falling behind. Even less is being done to ensure that their clients meet the highest standards for responsible corporate tax behavior and full transparency.
This briefing includes recommendations for how DFIs can take a much-needed and overdue proactive role in ensuring tax payments and domestic resource mobilization in developing countries follow from their investment decisions.
Additional details
Author(s)
Publisher(s)
ISBN
978-0-85598-828-9How to cite this resource
Citation styles vary so we recommend you check what is appropriate for your context. You may choose to cite Oxfam resources as follows:
Author(s)/Editor(s). (Year of publication). Title and sub-title. Place of publication: name of publisher. DOI (where available). URL
Our FAQs page has some examples of this approach.
