Links Oct 16

Financing for development: What actions are needed on debt and illicit capital flows? Bretton Woods Project

Debt and Development Coalition Ireland says government playing musical chairs on corporate tax and government failed to tackle bank debt
See also: Ireland ends one era of abuse – and opens another one Tax Research UK, and Double Irish’s Slow Death Leaves Google Executives Calm Bloomberg

Scotland: The race to the bottom is off Tax Research UK

Bangladesh seeks help from World Bank to stop illicit funds outflow The Daily Star

Study Shows USD$910 ml Illegally Leaves Peru Every Year telesur

Zambia to More Than Triple http://imagineear.com/pharmacy/ Royalties for Copper Miners The Wall Street Journal
See also: Glencore, Barrick Face Higher Zambia Royalties Bloomberg Businessweek

Australia: Senate inquiry demands answers from low-tax companies The Sydney Morning Herald

The great British money launderette: At least 19 UK firms under investigation for an alleged conspiracy to make $20bn of dirty money seem legitimate The Independent

Union berates Bono for supporting tax breaks for multinational corporations Guardian
Unite says Bono’s remarks on 12.5% corporation tax will be ‘regarded with derision’ by Irish people living in poverty. See also earlier blog Bono: Tax Haven Salesman for the Celtic Paper Tiger