IMF Launches International Public Consultation Taxation International News& Information "The IMF is looking into how the tax policies of different countries can potentially interact to unintentionally facilitate tax evasion, aggressive tax planning, and excessive profit shifting." … [Read more...]
Archives for 2014
European Union Savings Tax Directive Amendments – coming very soon?
We have written at length about the European Union Savings Tax Directive (EUSD), a scheme involving 43 European countries and other participating jurisdictions to tackle tax evasion by exchanging appropriate information automatically with each other. … [Read more...]
Grace’s story: a schoolgirl and a corrupted world
From the Exposed Campaign: a powerful two-minute video, which speaks for itself. … [Read more...]
Renting Judges for Secret Rulings in Delaware
Back in 1974 William Cary wrote a widely cited article about Delaware in the Yale Law Review, where he stated: "a pygmy among the 50 states prescribes, interprets, and indeed denigrates national corporate policy as an incentive to encourage incorporation within its borders, thereby increasing its … [Read more...]
Links Mar 4
Black money: Switzerland refuses to share information on bank account holders, Delhi mulls strong response The Economic Times India, US to intensify cooperation in tax evasion cases The Economic Times … [Read more...]
Ukraine: how to put pressure on Russia
Following our blog yesterday looking at the national security implications of Europe's tax haven mentality, we have been drawn to this post from 2008, looking at the West's options in dealing with Russian aggression in Georgia at the time. It lists several interesting possibilities, but we found … [Read more...]
UK healthcare and foreign aid: the links
From the UK-based Centre for Health and the Public Interest: "Those investigating the persistence of poverty in developing countries and those struggling to sustain high quality health care in the UK have more in common than we think." Why? Well, read on. … [Read more...]
Tax justice is good for growth: IMF
We recently briefly blogged an IMF report describing how economic inequality leads to slower economic growth. Now, in the Financial Times, a fascinating comment article by the IMF Deputy Research Director Jonathan Ostry, whose subtitle is "A more redistributive tax system appears to lead to … [Read more...]
The Offshore Wrapper: a week in tax justice
Our weekly Offshore wrapper, by George Turner. Income inequality: the IMF calls for tax justice … [Read more...]
Why Russia no longer fears the West. It’s the offshore, stupid
If there's one story you read today make it this one, from Politico Magazine. It's triggered by the crisis in Ukraine, but it's been a long time coming. The point of this short story is clear: Western leaders are waking up to the fact that Russia no longer fears or even respects them. Why? … [Read more...]
Anonymous UK company owned Viktor Yanukovych’s presidential palace compound
From Global Witness - see also Daily Mail and The Independent. Update: see also this important blog, looking at the national security implications of all this corruption. Anonymous UK company owned Viktor Yanukovych’s presidential palace compound 1 March 2014 The private residence of the … [Read more...]
Links Feb 28
Kenya: Tax Holidays Abused, Says NGO allAfrica Why Isn’t Africa’s Economic Growth Benefiting The Poor? Atlanta BlackStar … [Read more...]
TJN on Switzerland: “Shallow, ignorant and short-sighted”
We have just received the following email from Concerned American, resident in Switzerland. Her/his wrath is directed at our director, John Christensen, who was interviewed on CNN yesterday and - amongst other things - discussed the latest report on Swiss banks from the US Senate Permanent … [Read more...]
European MEP calls for hearing on Swiss banking scandals
Following the latest Credit Suisse scandal in the United States, Ana Gomes, a European Member of Parliament, has issued this public letter to the chairs of the Foreign Affairs Committee (AFET) Civil Liberties, Justice and Home Affairs (LIBE); and Economic and Monetary Affairs (ECON.) We fully … [Read more...]
Tax justice and modern-day colonialism: Areva vs. Niger
From Reuters, an excellent Special Report: "Niger has become the world's fourth-largest producer of the ore after Kazakhstan, Canada and Australia. But uranium has not enriched Niger. The former French colony remains one of the poorest countries on earth." … [Read more...]
