Tax Justice and Global Inequality: Practical Solutions to Protect Developing Country Revenues (International Studies in Poverty Research)

In the wake of the Panama Papers scandal and similar leaks, tax havens are now firmly in the spotlight. Today, roughly half of all global trade still passes through tax haven jurisdictions, costing millions in lost revenue to countries around the world. Such practices affect all of us, but are most keenly felt by poorer people in developing countries, where unfair tax practices have become a major obstacle to development, and which have allowed multinational corporations to continue to exploit developing economies. This collection argues that, for developing countries to achieve social justice and lasting prosperity, they must take control of their own tax destinies, and that this will also be crucial to achieving the Sustainable Development Goals. Covering such topics as natural resource management, representation in global tax institutions and effective strategies for building and protecting tax bases, the collection brings together expertise from a variety of countries and disciplines. It explores the options available to developing countries, and provides a basis for concerted action by tax authorities, policy makers, academics and civil society experts to design tax systems that can sustain a just society. Front Cover -- Series Page -- About The Editors -- Title Page -- Copyright -- Dedication -- Contents -- List of Figures, Tables, and Boxes -- Acknowledgements -- Practical Solutions to Protect Developing Country Tax Revenues -- 1: Securing Mining, Oil, and Gas Revenues: Lessons from Seven Resource-Rich Countries -- Executive Summary -- Introduction -- 1. Challenges to Implementing Transfer Pricing Rules in the Extractive Industries -- 2. Transfer Pricing Risks along the Extractive Industry Value Chain -- 3. Alternative Approaches to International Taxation This book explores how developing countries can combat tax evasion and other unfair practices, and shows how such action is vital if we are to meet the Sustainable Development Goals