December 24, 2024 12:44 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

Convening world conference on tax evasion should be priority for next Secretary-General – UN expert

| | Oct 15, 2016, at 01:36 pm
New York, Oct 15 (Just Earth News): To tackle illicit financial flows, a United Nations human rights expert has urged Secretary-General-designate António Guterres, as well as the UN General Assembly, to consider as a priority abolishing tax havens and convening a world conference on the issue, while safeguarding effective protection of whistle-blowers.

“The choice of Guterres as the next UN Secretary-General offers a unique opportunity to advance the fight against tax evasion and illicit financial flows, at a moment where the world is paying increasing attention to these crucial issues,” Alfred de Zayas, the UN’s Independent expert on the promotion of a democratic and equitable international order, said yesterday in a news release.

The human rights expert said he sincerely hoped that the abolition of tax havens and the creation of a mandated UN tax authority to combat offshore tax avoidance and evasion, and to outlaw tax havens, will be among Guterres’ priorities.

“Trillions of dollars necessary for combatting extreme poverty and addressing climate change are being kept offshore,” said de Zayas, stressing that “thus escaping just taxation and effectively stealing hundreds of billions of dollars each year from the public treasuries.”

In his new report to the General Assembly, de Zayas noted that widespread tax avoidance, tax evasion, and tax havens are now routinely documented. However, their true human cost is only revealed progressively.

As this also being a growing concern among other human rights experts, the special rapporteur underscored the need to put taxation on both General Assembly and Human Rights Council’s agenda, especially through the Universal Periodic Review and the 2016 Forum on Human Rights, Democracy and the Rule of Law.

“The United Nations must take concerted action […] In particular, I urge the UN General Assembly to draft a convention to outlaw tax-havens worldwide, declare so-called ‘sweetheart deals’ with transnational corporations such as Apple, Google and Starbucks to be contrary to international [public order],” said de Zayas.

Meanwhile, the human rights expert drew attention to enacting legislation to protect whistle-blowers and witnesses from reprisals and to provide them with easy-to-access avenues to make disclosures.

“Whistleblowing is one of the most effective methods of shining light on corruption […] But whistle-blowers, who should be considered as human rights defenders as they significantly contribute to a culture of transparency and accountability, often pay a heavy price,” said the expert.

In order to counter tax evasion in concrete actions, de Zayas will convene an expert consultation in Geneva on 14 October, at which “strategies will be discussed, including the mainstreaming of human rights into the activities of the World Bank and International Monetary Fund, which should henceforth refuse funding to any project or country that participates in or allows illicit financial flows into tax havens.”

Independent Experts and Special Rapporteurs, are appointed by the UN Human Rights Council to examine and report back on a country situation or a specific human rights theme. The positions are honorary and the experts are not UN staff, nor are they paid for their work.

UN Photo/Amanda Voisard

 

Source: www.justearthnews.com

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia Mar 22, 2023, at 08:26 pm