Australia: Tax office blitz chases billions The West Australian See also: Australians confess to stashing $1b in assets offshore The Sydney Morning Herald The transfer pricing conflict is about profit shifting Daily Maverick Swiss banks trying to distance themselves from Indian clients … [Read more...]
Archives for 2014
Links Oct 23
UNECA Ninth African Development Forum - “Innovative financing for Africa’s transformation” - ADF-IX Consensus Statement Marrakech, October 2014 Facebook’s £3,169 UK corporate tax bill in 2013 was less than a zone 1-9 yearly London travelcard City AM ... or almost half that of the average … [Read more...]
Links Oct 22
Will new suit spoil party for blue chip companies registered in Mauritius Standard Media See also recent blog: TJN Africa takes Kenya government to court over Mauritius treaty Swiss Banks on Own in Navigating U.S. Offshore-Account Requirements The Wall Street Journal "Swiss Government Provides … [Read more...]
The Tax Justice Network October Podcast
New book – Fiscal Dumping: Enquête Sur Un Chantage Qui Ruine Nos États
In his new book (only available in French at this stage) Belgian journalist Eric Walravens explores how tax wars within the European Union are destroying attempts to create fair markets. The subtitle says it all: Enquête Sur Un Chantage Qui Ruine Nos États translates as Investigation into a threat … [Read more...]
Panama voices call it “Badge of Honor” to be called a tax haven
We recently blogged about Colombia's decision to blacklist Panama because of its hostile role as tax haven for all sorts of dirty, criminal and corrupt Colombian drugs money. We also noted that Panama had the temerity to be outraged. Now, from PanAm Post, something that really should stick in … [Read more...]
Links Oct 21
Tax Avoidance report: The case of the Peru gold mine Yanacocha LatinDADD The Reckoning For Swiss Banks Is Far From Over Business Insider / The Economist … [Read more...]
The Offshore Wrapper: a week in tax justice #36
Irish accountants’ eyes are smiling The Double Irish, a giant gaping hole in the global tax system centred on Ireland, may be coming to an end. The bizarre rule allowed companies to be resident in Ireland but tax resident somewhere else, like for example, Bermuda. … [Read more...]
Occupy protest highlights role of British tax havens
A plucky group of Occupy activists are legally occupying Parliament Square in London, but face surprising levels of harassment by British police. Here is a short video about the occupation, in which the protesters highlight the flags of British tax havens flying across the street from Parliament - … [Read more...]
2015 Research Workshop: Call for Papers – Should Nation States ‘Compete’?
Call for papers for a Research Workshop SHOULD NATION STATES ‘COMPETE’? … [Read more...]
Links Oct 20
South Africa: Lonmin’s failed gag bid puts spotlight on transfer pricing Business Day Live See the report The Bermuda connection: Profit shifting and unaffordability at Lonmin1999-?2012 by the Alternative Information and Development Centre (AIDC). See also: The Last Word: Avoid Lonmin like the … [Read more...]
The myth of competitiveness: how to build a fairer city
In recent years we've been talking a lot about 'competitiveness' from the perspective of whole nation states. There's a whole lot of nonsense that's talked on this subject, and a whole lot of unnecessary damage caused to economies in the name of 'competitiveness. Our blog about Bono and Ireland a … [Read more...]
Occupy in London is back – many riot police, but where are the media?
By Gail Bradbrook, a TJN supporter who was at the Occupy protest: "There is currently an occupation in Parliament Square, England, in protest at the capture of democracy by financial interests; a feature of what we at TJN call the Finance Curse. TJN's director, John Christensen, was amongst … [Read more...]
Energy giant SSE awarded Fair Tax Mark for tax transparency
British newspapers are today reporting a major step forward for the First Tax Mark, with energy giant SSE - the UK's second larget energy supplier - becoming the first FTSE 100 company to be awarded the Fair Tax Mark. … [Read more...]
Austria’s tax treaties: reducing developing countries’ revenues?
We've written a fair bit about tax treaties in the past few days, and have also updated and slightly expanded our tax treaties page. Now, in the spirit of the week, we offer a guest blog from Martina Neuwirth of the Vienna Institute for International Dialogue and Cooperation (VIDC,) highlighting a … [Read more...]
