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Business Daily: Africa's Tax-dodgers

21/06/2013

Africa's Tax-dodgers

BBC World Service - Business Daily, Africa's Tax-dodgers

Kofi Annan describes the staggering levels of tax-dodging that is undermining Africa

Former UN Secretary General Kofi Annan describes the staggering scale of corporate tax-dodging that is undermining Africa.

The former UN Secretary General Kofi Annan describes the staggering scale of corporate tax-dodging undermining Africa's development. Off-shoring, transfer-pricing, and old-fashioned bribery means Africa is losing $60 billion a year, by some estimates. We also hear from Angel Gurria, from the Organisation of Economic Cooperation and Development, on his efforts to rectify the problem of multi-national corporations' tax avoidance. 

Plus, Richard Murphy, an anti-poverty campaigner and tax expert, and Francesca Lagerberg, the Global Head of Tax for the leading accountancy firm Grant Thornton International, debate whether it's realistic to ask corporations not just to obey the tax laws, but to behave ethically as well?

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