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Moves by G20 nations to tackle corporate tax avoidance are welcome but will only begin to uncover the full problem while leaving poor countries still vulnerable to exploitation, tax justice advocates and anti-poverty campaigners have said.

Leaders of the world’s richest nations resolved to finish in 2015 work on modernising international tax rules to address the issue of companies shifting profits and reducing government tax bases.

In their communique following the meeting in Brisbane, G20 leaders affirmed the principle that “profits should be taxed where economic activities deriving the profits are performed and where value is created”.

They also welcomed progress on taxing...

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