Tax justice campaigners in Europe, includingTax Justice Network, Eurodad, Christian Aid, CCFD, MISEREOR and ActionAid, have been pushing for G20 governments to address the issue of transfer pricing abuse.The financial crisis of 2008 created an impetus for change in OECD countries and created an opportunity for NGOs and others to introduce the development impacts of financial secrecy, calling on world leaders to address the problem.The G20 committed to developing proposals to ensure that developing countries would benefit from the new cooperative tax environment.52
The campaign has a real chance of success, with the EU and the OECD recognising the need to address the problem and appearing to take steps to do so.