TPNS is one of 40 leading UK civil society organisations which have called on the UK Chancellor to levy excess profits taxes on the windfall revenues numerous sectors are predicted to make as a result of the economic fallout from the US-Israeli war on Iran. Co-ordinated by Tax Justice UK, the letter (26 March) includes reference to war profiteering. … Continue reading Tackle corporate profiteering from Iran War, and provide cost of living support (Civil Society Letter)
Saudi Arabia / Arab Group/ G77+China Proposal for a sales tax on developed nations’ defence industries as part of a climate finance package
The arms industry finds itself in the climate finance frame ‘At Bonn talks, G77 group floats a 5% sales tax on tech, fashion and defence firms to fund green spending in the Global South’ Climate Home News reported in the first days of the Bonn Climate Conference, the annual mid-year preparatory conference that precedes COP … Continue reading Saudi Arabia / Arab Group/ G77+China Proposal for a sales tax on developed nations’ defence industries as part of a climate finance package
