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G20 Must Re-Write Tax Rules and Recoup Africa’s Missing Billions

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If G20 nations were hit as hard by corporate tax dodging as Africa, they'd have a $1.2 trillion hole in their budgets. African nations are losing nearly 2 per cent of their gross domestic product (GDP) as a result of companies fiddling the books through 'trade mispricing', according to figures released today by Oxfam.

Africa: The G20 and the Struggle for Global Influence

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At a recent meeting of G20 think tanks in Beijing, participants noted that if the G20 countries wished to build on their collective success in the management of the global financial crisis, they needed to focus on global trade and finance reform - matters that cut to the core of global economic governance.
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