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| Avaaz bank tax transparency petition attracts more than 200,000 signatures | Avaaz bank tax transparency petition attracts more than 200,000 signatures |
| (30 days later) | |
| More than 200,000 people have signed a petition calling on European Union finance ministers to force banks to reveal how much they tax they pay and the profits they generate in individual countries. The lobby group Avaaz is leading the campaign and called on the finance ministers to force banks to "tame bank trickery". | More than 200,000 people have signed a petition calling on European Union finance ministers to force banks to reveal how much they tax they pay and the profits they generate in individual countries. The lobby group Avaaz is leading the campaign and called on the finance ministers to force banks to "tame bank trickery". |
| Banks are currently only obliged to disclose how much tax they pay in total, rather than how much tax they pay in the individual countries in which they operate. | Banks are currently only obliged to disclose how much tax they pay in total, rather than how much tax they pay in the individual countries in which they operate. |
| Sharon Bowles, a British member of the European parliament, said: "This petition, signed by over 190,000 EU citizens – including myself – demonstrates that taxpayers can no longer accept untransparent accounting practices by global banks." | Sharon Bowles, a British member of the European parliament, said: "This petition, signed by over 190,000 EU citizens – including myself – demonstrates that taxpayers can no longer accept untransparent accounting practices by global banks." |
| The campaign is under way as discussions on the capital requirements directive – which could bring in the tax changes, new international capital rules and a cap on bankers' bonuses – draws to a close. | The campaign is under way as discussions on the capital requirements directive – which could bring in the tax changes, new international capital rules and a cap on bankers' bonuses – draws to a close. |
| Top savings accounts | |
| Coventry BS | |
| GE Capital Direct | |
| Skipton BS | |
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