Our Executive Director, Magdalena Sepúlveda, together with fellow members of the Independent Commission for the Reform of International Corporate Taxation (ICRICT) warn that the recent OECDE agreement of 15% tax rate is does not benefit developing countries. ICRICT argues that a more robust minimum tax rate could have generated far more new tax revenues. Read ICRICT open letter to G20 leaders: “A Global tax deal for the rich”

WHAT'S ICRICT?

The Independent Commission for the Reform of International Corporate Taxation (ICRICT) is a group of leaders from around the world who believe that, at this moment in history, there is both an urgent need and an unprecedented opportunity to bring about significant reform of the international corporate taxation system. The Commission aims to promote the reform debate through a wider and more inclusive discussion of international tax rules than is possible through any other existing forum; to consider reforms from a perspective of global public interest rather than national advantage; and to seek fair, effective and sustainable tax solutions for development.

The Commission is chaired by José Antonio Ocampo and includes Eva Joly, Rev. Suzanne Matale, Edmund Fitzgerald, Léonce Ndikumana, Irene Ovonji-Odida, Jayati Ghosh, Kim Jacinto Henares, Ricardo Martner, Gabriel Zucman, Magdalena Sepúlveda, Thomas Piketty, Wayne Swan and Joseph Stiglitz.