From Responsible Investor, a story about a shareholder resolution about Google’s tax strategies has been placed by a group of responsible investors onto the agenda of its forthcoming annual shareholder meeting. "The proposal calls on the company’s board to “adopt a set of principles to address the … [Read more...]
Archives for 2014
Links Mar 31
Lord Blencathra’s contract with Cayman Islands stated he would lobby MPs and Lords The Bureau of Investigative Journalism A senior UK politician who denied he had ever lobbied MPs and peers on behalf of a Caribbean tax haven had signed a £12,000 per month contract that stated he would do so. See … [Read more...]
Tanzania: parliamentary inquiry on tax abuses, tax havens, illicit flows
Adapted from an email from Tove Maria Ryding, Eurodad: Good news from Tanzania - the Public Accounts Committee there has kicked off an inquiry on tax evasion and avoidance, amid severe concerns about illicit financial flows and capital flight. We might have some interesting times … [Read more...]
The Offshore Wrapper: a week in tax justice
The Offshore Wrapper is written by George Turner Tax avoidance in Africa – worse than we thought … [Read more...]
New book: The Political Economy of Offshore Jurisdictions
This new book adds further insights into the political economy of offshore, raising questions about why offshore has been off-limits for serious political discussion for so many decades and opening up discussion around offshore secrecy. A welcome addition to the emerging debate. … [Read more...]
New “Corporate Tax Explorer” reveals wealth of US tax data
From Citizens for Tax Justice in the U.S. New "Corporate Tax Explorer" Site Details What Fortune 500 Companies Pay in Corporate Taxes A new web tool, the Corporate Tax Explorer, from Citizens for Tax Justice (CTJ) and the Institute on Taxation and Economic Policy (ITEP), is a one-stop shop for … [Read more...]
Links Mar 28
Measuring OECD Responses to Illicit Financial Flows from Developing Countries Report examines OECD's members progress in tackling money laundering and transnational financial crime. See also: Money laundering, bribery and tax evasion: how to freeze illicit flows The Guardian … [Read more...]
Event: Is global governance of finance fit for purpose?
Last year our colleagues at New Rules for Global Finance published a ground-breaking report on the governance and accountability of the leading financial rule-setting institutions, including those covering international tax cooperation such as the G20, the OECD, the UN Tax Committee and the IMF. … [Read more...]
What tax evasion looks like
Published without commentary. … [Read more...]
Quote of the day: finance, truth and bullsh*t
From SOMO, an article about how financial sector interests have sabotaged European efforts to regulate the shadow banking sector. Our quote of the day, one in an occasional series, is from Belgian Green MEP Philippe Lamberts, who accused other MEPs of ‘delaying tactics’ and said: "I am not a … [Read more...]
EU steps up probe into tax haven activities. Hit ’em hard
From the Financial Times: "Brussels has stepped up its probe into alleged illegal sweeteners offered to multinationals by expanding the investigation to cover arrangements for patent-holders and ordering Luxembourg to reveal its promises to specific companies. … [Read more...]
2014 – the Country by Country Reporting edition
This edition of Tax Justice Focus is guest edited by Richard Murphy, the originator of the idea of country-by-country reporting. A little more than a decade after he first began to develop the concept, Murphy has brought together authors from the Organisation for Economic Co-operation and … [Read more...]
Tax Justice Focus 2014 – the COUNTRY-BY-COUNTRY REPORTING edition
This edition of Tax Justice Focus is guest edited by Richard Murphy, the originator of the idea of country-by-country reporting. A little more than a decade after he first began to develop the concept, Murphy has brought together authors from the Organisation for Economic Co-operation and … [Read more...]
Party politics pierces City of London for first time in centuries
William Campbell-Taylor, an Anglican priest who featured heavily in the final chapter of Treasure Islands (except in the US edition,) has become the first political party candidate ever to win a seat on the common council of the City of London. That's a record that stretches back a thousand years, … [Read more...]
Bermuda’s offshore sector tells local dissenters to f*** off
From the excellent Financial Secrecy Media Monitor: "Earlier this year the offshore financial sector in Bermuda launched a campaign called “Everybody’s Business” which aims to “educate Bermudians about the importance of international business to all sectors of the community”, and is sponsored by … [Read more...]
