The trend of lowering corporation tax rates, in an attempt to lure companies to switch their headquarters, is making the situation worse. Davos 2017: Hammond sees Brexit fog lifting; Oxfam warns on corporation tax - day 3 live Read more“It’s worrying now. We’ve seen the promise from president-elect Trump to cut corporate tax. We’ve heard Theresa May threatening to make Britain a little island with low tax rates on the shores of Europe. Oxfam International (@Oxfam) Corporate tax dodging costs poor countries $100bn/year, while many kids still don’t go to school.

Source: The Guardian January 19, 2017 18:10 UTC