Another report has come out clearly showing how multi-nationals are not helping Zambia by simply paying their fair share of taxes. What is sad is that this company comes from the UK where they send aid to Zambia but the amount of aid is far less than what Zambia losses out in taxes.
ActionAid did a research "Sweet Nothings" which is contained here. Take time to read it and watch a clip here.
I think we need to seriously look at our tax laws and especially our Agreements with tax havens to avoid tax being avoided by Multi-nationals. Having spent time looking at the activities of many of these companies, I have unbelievably been convinced, if there is any suspicion of tax avoidance or evasion, this country must take matters into its own hand and deal with it.
There is no point is getting aid, which is most cases is fraction of what is being stolen from here. The legal system is not doing us justice. We need to amend what needs mending and cancel what needs to be cancelled. How long do we need to scream "trade not aid"? I actually think we should change that to "fair trade not aid".
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