OECD tax reform plans could make inequality worse, analysis finds

Tax Justice Network says poor countries could lose out under proposals to limit avoidance

Proposed reforms of international tax rules by the Organisation for Economic Co-operation and Development will only claw back 5% of profits, and could end up worsening global inequality, analysis by tax campaigners has found.

A study by the Tax Justice Network found that the OECD proposals, designed to limit the scope of multinationals to avoid tax, could end up shrinking the tax paid in poorer countries.