UN expert urges next UN chief to focus on ending tax havens

He said the United Nations ``must no longer tolerate the scandal of secrecy jurisdictions that facilitate tax evasion, corruption and money-laundering.''

By: AP | United Nations | Published:October 22, 2016 7:20 am
un, un chief, un secretary general, un tax havens, Antonio Guterres, new un chief, Antonio Guterres United nations, world news Alfred de Zayas, UN independent expert on international order, hold a news conference calling for the abolition of tax havens, Friday, Oct. 21, 2016, at UN headquarters. (Source: AP Photo)

A UN human rights expert is urging the next UN secretary-general to make the elimination of tax havens a priority to ensure that corporations, billionaires and “kleptocrats” pay their fair share of taxes.

Alfred de Zayas, an American law professor, also urged Antonio Guterres, who will succeed Ban Ki-moon as UN chief on Jan. 1, to call a world conference on phasing out these offshore havens.

He said the United Nations “must no longer tolerate the scandal of secrecy jurisdictions that facilitate tax evasion, corruption and money-laundering.”

De Zayas told a news conference Friday after presenting his new report to the UN General Assembly that governments lose $3 trillion every year in tax evasion and tax avoidance schemes “and most perpetrators have enjoyed immunity.”