"Mauritius Leaks" Reveal Revenue Loss for Poor Countries

Washington DC - The International Consortium of Investigative Journalists released evidence that laws in the country of Mauritius help corporations avoid taxes globally, including on the continent of Africa.

Eric LeCompte the Executive Director of the religious development group Jubilee USA, releases the following statement:

"The Mauritius story is another window into how poor countries are losing billions of dollars a year because of a complex, yet legal web of tax treaties and shell corporations.

"For poor countries to be able to meet the Sustainable Development Goals, we need to eliminate this revenue loss.

"While much of this behavior is legal, it is immoral. Developing countries are losing vital monies to fight poverty and build infrastructure because of this behavior that avoids paying taxes."