Multinationals

Globalisation has given rise to extraordinarily large and powerful corporations. Some have earnings that are much larger than some national economies. They scour the world for natural resources, tax havens, the lowest environmental standards, and the lowest wages. They relentlessly assert their rights to profit. When such corporations take over the delivery of public services, citizens should be wary of the threat to the common good.

PSI supports the release of ICRICT's second declaration

16 November 2016

"Four Ways to Tackle International Tax Competition" was launched on 15 November in Brussels by the Independent Commission for the Reform of International Corporate Taxation (ICRICT).

PSI at the Open-ended intergovernmental working group on transnational corporations and other business enterprises with respect to human rights

24 October 2016

From 24 to 28 October 2016, Public Services International, together with Governments, regional and political groups, intergovernmental organizations, civil society, NGOs and many other relevant stakeholders, will be participating in the 2nd public meetings of the Open-ended intergovernmental working group on transnational corporations and other business enterprises with respect to human rights (OEIWG), which could lead to the adoption of an international legally binding instrument on transnational corporations (TNCs or MNEs).

EU Apple Tax Ruling shows austerity is a political decision, says Pavanelli

31 August 2016
Protesting Against Apple's Tax Policy - Dublin Street Art (William Murphy/Flickr)

The EU’s tax ruling on Apple announced on 30 August shows that finally the European Commission (EC) is acknowledging that austerity is a political, not economic, choice. That's the main message behind the striking decision, according to PSI General Secretary who congratulated the EC for showing the political will to chase large multinationals like Amazon and McDonald's (also currently under investigation).

Public services and their unions crucial to bridge the Decent Work deficit in Global Supply Chains

10 July 2016
Daria Cibrario

Between 30 May and 10 June 2016, the International Labour Organization (ILO) held a general discussion on “Decent Work in Global Supply Chains” within the 105th Session of International Labour Conference (ILC). The discussion was meant to review the decent work performance of global supply chains and to ascertain what steps are needed to ensure that employment led by multinational corporations (MNEs) is decent and upholds the eight fundamental ILO Conventions, including freedom of association and collective bargaining. The ILO produced a background report for this discussion.

Billionaire corporations pay lower effective tax rate than your average nurse, new study finds

20 April 2016
cover page

Financial data from 76 of Australia’s largest multinationals has revealed they pay an average effective tax rate of 16.2% – half the corporate tax rate.

Campaign against TPPA and TISA approved in PSI's regional meeting in Chile

13 April 2016

Representatives of unions affiliated to PSI agreed to make mobilization efforts, partnerships with civil society, lobbying parliaments and campaign material that allows raising public awareness through simple language to explain the negative impact of this type of treaty.

Brazilian Network for the Integration of Peoples denounces the risk of "breakdown of the democratic order" in Brazil

06 April 2016

"REBRIP is joining the struggle and the social movements of the country, and reaffirms its resistance to a coup and its confidence in the pillars of democracy and respect for human rights guaranteed by the Brazilian constitution."

Annual Report 2008

03 April 2009

Looking back at 2008 the one word that comes to mind is CHANGE. We saw a dramatic change in the global economy, it was the keyword in the US election and we initiated changes in PSI.