The extractives sector is one of the most concentrated and lucrative enterprises anywhere in the world. Limited competition raises questions of transparency and accountability with regard their profits, structures and systems. Revenues of the biggest mining multinational firms run to the billions of dollars, while they leave environments in often irreversible ruin, poison water and land, dislocate communities and destroy local livelihoods.
But these are not all that they extract from developing countries. Mining companies are also implicated in attempts to exploit generous fiscal incentives and loopholes in the law to dodge their tax obligations and thus further boost profits.
Leading international financial institutions (IFIs) such as the International Monetary Fund and the World Bank have joined calls to end inequality, and with their resources and influence, seek to shape the discourse.
The "Tax Justice Together" Campaigners' Conference in Warsaw, Poland is part of the Tax Justice Together project of Action Aid and Oxfam, aimed primarily at "putting tax justice at the heart of the European agenda."
"Tax justice opens concrete opportunities for claiming urgently needed resources in tax protection" is APMDD's main message at the Workshop on Expanding on Social Protection Towards Addressing Inequality and Increasing Vulnerabilities under ASEAN Integration.