Media coverage
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Media coverage
Title Children's rights & Irish TAX POLICY Degree of recognition International Media name/outlet The Global Legal Action Network Media type Web Country/Territory United Kingdom Date 6/11/20 Description Tax revenue plays a critical role in enabling States to realise the economic, social and cultural rights of children such as the rights to education and healthcare. But developing countries now lose at least $170 billion every year to tax avoidance. For example, an estimate for 2013 puts foregone tax revenue for Ghana due to corporate tax abuse at US$340m. According to a tool developed by researchers at the University of St Andrews, a US$340m increase in Ghanaian government revenue in 2013 could have prevented 170 child deaths.
Ireland is one of the world’s biggest facilitators of tax avoidance. Its role has been noted by EU institutions, bodies within the US Congress and academics. A recent NBER working paper found that in 2015, more than 40% of multinational profits were shifted to tax havens – and that Ireland was the ‘number one’ profit shifting destination.URL https://www.glanlaw.org/irish-tax-policies-child-rights Persons Bernadette Ann-Marie O'Hare