UN experts call for more measures against tax evasion

UN human rights experts today called on risk rating agencies and investment funds to devalue corporations in their environmental, social and institutional performance responsible for systematic tax fraud.

Geneva, Nov 9 (EFE) .- UN human rights experts today called on risk rating agencies and investment funds to devalue in their environmental, social and economic performance. institutional to corporations responsible for systematic tax fraud.

UN officials spoke in this regard in a statement after the leak of information relative to the tax evasion of different companies and personalities through the so-called "paradise papers".

"States must curb tax competition between them and work jointly to end tax evasion by wealthy people and multinational companies, "said the independent expert of the UN on foreign debt effects and human rights, Juan Pablo Bohoslavsky.

The expert added that "the abuse of corporate taxes devalues ​​social justice and human rights throughout the world."

The organism multilateral considers that the "paradise papers" have made evident systematic behaviors of tax evasion by renowned multinationals that use tax havens in places like Bermuda, the Cayman Islands or the Isle of Man, among others.

"We ask companies to assume their corporate responsibility, in line with the guiding principles of the United Nations on business and human rights, "said the chairwoman of the UN Working Group on International Corporations and Human Rights, Surya Deva.

Experts also noted that States resort to increasing debt to cover public expenditures, given that tax collection is not enough.

"Instead of reducing budgets for public health services, education or social security, States should make greater efforts to guarantee tax justice "defended.

The group concluded that it is not enough for companies to guarantee respect for human rights, but that measures should be extended to taxation "if they want to be considered ethics ".

Tax fraud will be one of the topics discussed at the Forum on Business and Human Rights of the UN to be held in Geneva between November 27 and 29.

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