Global Responsible Tax and the Developing World
Earlier this year, we launched the global Responsible Tax project – which followed on from a successful UK pilot, run in partnership between KPMG and Jericho Chambers.
Last month, we convened a Roundtable on Responsible Tax and the Developing World, hosted by KPMG’s Jane McCormick. The discussion was prompted by the first global roundtable in Paris in January and by Jane’s earlier article on Responsible Tax and the Developing World.
A full write-up of the April event is now available on the global Responsible Tax web platform. As the Roundtable was held under the Chatham House Rule, contributions have been anonymised, except where permission has been granted.
There have been many other great contributions including those from Sara Jespersen and Femke Groothuis since the global launch, and this latest post from Action Aid CEO Girish Menon, which challenges us all to think again about transparency and the responsibilities of both the corporate and NGO sectors.
The four key points from the Developing World Roundtable were:
It is about development, not just redistribution
Different sides need to overcome current barriers to a positive dialogue
The tax debate can be infused and/or guided by principles that go beyond a purely profit-oriented approach
The cornerstone of effective action to ensure a new, more positive compact on tax in the developing world will be a constructive dialogue
More detail can be found in the comprehensive note from the event.
To add thoughts, best-practice examples and further reading that will provide impetus to driving the change please write to becky.holloway@jerichochambers.com .