END TAX EVASION NOW – OUR DEMANDS

Global campaign for tax justice

We call on our governments to end tax evasion and tax avoidance by changing together the structures and rules that make it possible! This is how we can achieve global tax justice.

GLOBAL DEMANDS (CORE DEMANDS OF THE CAMPAIGN)

Compulsion and control for the rich & criminal1. The creation of a global (financial) wealth register!Listing the worlds wealth and the natural person owning it, coordinated by the IMF and assessable to all national tax authorities.2. A 2% capital tax to be kept on all listed fortune, until it has been declared.Make the shadowy offshore world truly useless!3. Making tax havens participateUse political and economic pressure to force them to change. Put punitive duties on their exports and imports proportional to the negative externalities of their nasty business.

FOR THE DIRTY BUSINESS OF MULTINATIONALS

No one is above the law1. TRANSPARENCY – Obligatory Country-by-Country-Reporting of all their business activities2. TAXING THE GLOBAL PROFITSMultinationals who avoid taxation by shifting profits between different branches should be understood for what they are: one corporation. Their global profits should be taxed by a formula containing labour and revenue, while limiting intellectual property to a maximum 5% share. Make them pay the taxes in the countries where they actually made the profits.

INTERNATIONAL SOLIDARITY - OUR GREATEST VALUE AND STRONGEST FORCE

1. A global minimum corporate tax rate of 25%. Everybody can go higher, but no one can go lower.2. Closing the loopholes! Governments must write laws for the people, not for vicious multinationals! For the many, not the few!

NATIONAL DEMANDS

1. Legal protection for Whistle-blowers;2. Name and shame all that are evading taxes or facilitating it;3. Ending all forms of amnesty offers to tax evaders;4. The complete confiscation of undeclared fortune;5. Strong legal consequences (prison) for tax evaders;6. Sever consequences for banks and consulting agencies that facilitate tax evasion and tax avoidance. High financial penalties for banks and firms up to the withdraw of their licences. Criminal charges for the bankers and consultants that were involved;7. Transparency! The more, the better – Making tax returns public;8. Closing loopholes in national legislations. Fighting national tax avoidance;9. Redistribution through higher capital, inheritance and capital gains tax (For Austria: making capital gains tax rate higher and progressive);10. Lowering the taxes on labour and consumption/using the money for big investments into education, health care and the fight against poverty.