Oxfam IBIS is interested in placing more focus on corporate responsibility and the role of corporate tax. If investors and corporates have a more responsible tax policy they can assist in increasing the tax revenue across the world – including in developing countries. This type of support for domestic resource mobilisation in developing countries can secure the right to education and foster long term poverty eradication. This in turn presents a return on investment by establishing new markets and economic sustainability in those markets.
Oxfam IBIS brings many years of experience engaging in partnership with the private sector developing sustainable projects. Through this engagement Oxfam IBIS have followed the debate on tax and CSR closely and contributed where relevant. It is our impression, based on a continuous dialogue and cooperation with Danish corporates, that the Danish private sector holds examples of existing best practice. Through exposing these, the bar for corporates’ practice with regards to tax and corporate responsibility could be raised significantly.