Killian_2009_trocaire.pdf (179.27 kB)
Tax justice: the impact of global tax on developing countries and the role Ireland can play
journal contribution
posted on 2013-05-14, 13:27 authored by David McNair, Sheila Killian, Maria Collison, Fintan Bradshaw, Mark CummingTax is the most sustainable source of development finance providing
developing countries with revenue for investment in essential
services and infrastructure, while promoting greater accountability
between state and citizen. Yet the sovereign right of government to
tax economic activity has been undermined by increasingly
globalised capital flows, a number of commonly prescribed tax
policies which form part of the so called “tax consensus” – a concept
increasingly challenged in the wake of the financial crisis – and by
the exploitation of loopholes between jurisdictions by individuals
and multinationals. It is estimated that corporate tax evasion costs
developing countries $160 billion each year – greater than the
global aid budget.
This paper explores recent developments in global taxation and their
impact on developing countries. Key questions are raised regarding
Ireland’s role within this global system of capital movement.
Findings suggest that tax competition and the lack of international
tax cooperation are harmful for developing countries and that
Ireland should consider the impact of its tax policy on development,
both domestically and in international negotiations
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Trócaire Development Review;pp. 77-96Publisher
TrócaireNote
peer-reviewedLanguage
EnglishUsage metrics
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