The International Consortium of Investigative Journalists has pulled another humdinger of an investigation, publishing a Who's Who in China's offshore circles. We could highlight any number of things from this excellent report, but we'll choose just two: … [Read more...]
Archives for 2014
Why is Davos held in the world’s top illicit money centre?
From the Davos OpenForum 2014: "Switzerland is known for its chocolate, watches and banking sector. But today, with traditional banking secrecy gone, the country has to reinvent itself to retain its competitive advantage." Our emphasis added. That's news to us. … [Read more...]
Swiss double tax agreements disadvantage poorer countries
Our attention has been drawn to a fascinating new report (sadly, in German only, an English language summary is here) on Switzerland’s double tax agreements (DTAs) with developing countries. Interestingly, although the report was produced by researchers from the renowned World Trade Institute at … [Read more...]
Links Jan 21
HIghlights of Offshore Leaks So Far ICIJ See also: ICIJ To Reveal China's Offshore Secrets … [Read more...]
The Taxcast: January 2014 – Edition 25
In the January 2014 Taxcast: Tax justice goes to the Cayman Islands; the latest fall-out from #OffshoreLeaks, the expose on tax havens from the International Consortium of Investigative Journalists; and HOW much is Africa spending on corporate tax breaks??? The Taxcast looks at tax incentives, … [Read more...]
Outrage at Bermuda and Jersey removal from French blacklist
According to Mediapart the French government is under fire, again, this time over its decision to remove both Bermuda and Jersey from its blacklist of uncooperative tax havens. Senior members of the government, including foreign affairs minister Laurent Fabius, are reported to be opposed to their … [Read more...]
OECD: special tax rules for internet cos ‘unviable’
Internet companies are running rings around our governments, free-riding on the backs of ordinary taxpayers and reaping large fortunes for relatively small numbers of well-connected insiders, some of them rich enough to buy entire global newspapers with their pocket change, and thus potentially … [Read more...]
The Bahamas – Another Captured State?
Written for TJN by someone with long experience of the Bahamas. The Bahamas is a stunningly beautiful archipelago of more than 700 islands, cays and islets, a proud nation populated with vibrant, passionate, good-hearted people. The economy of this small island state, ranked at 35th position on … [Read more...]
A week in Tax Justice: Jan 20
Our new website will bring you a weekly round-up of tax justice news: our personal selection from a wide array of stories about tax justice, A Week in Tax Justice will be sent out to all TJN subscribers and will soon also be available on our App, which we'll be bringing out in the next month or … [Read more...]
The Price of Offshore, Revisited
July 22, 2012 Update, June 2014: TJN responds to attacks on the report (pdf here). MAIN REPORT 1 - The Price of Offshore Revisited: TJN's in-depth and unprecedented study into the size of the offshore system of tax havens and/or secrecy jurisdictions. The report estimates that some $21-32 … [Read more...]
Welcome to the new Tax Justice Network website and blog
Welcome to the new Tax Justice Network website, with integrated blog. … [Read more...]
Big Newsweek exposé on human rights abuses in tax haven Jersey
From the Treasure Islands blog: I've just had an email from Stuart Syvret, a dissident former health minister in the British tax haven of Jersey, who has just got out of prison after challenging the island's financially-dominated oligarchy. The email was in his characteristically forthright … [Read more...]
Public Eye Awards: Help put FIFA in the Hall of Shame
A while ago we wrote about this reprehensible item from world football's governing body FIFA. This Tax Bubble that FIFA created around the South African world cup - despite FIFA's being a gargantuan, unaccountable billionaire monopolist based in Switzerland - was a particularly shameful example of … [Read more...]
Links Jan 16
The time is now: European Parliament to vote on the Anti-Money Laundering Directive Eurodad See also: Member states split on proposed transparency for trusts legislation IFC Review / European Voice … [Read more...]
Quote of the day – Boeing
From Citizens for Tax Justice: "How worried should we be that Boeing argues it should get a tax break for performing safety tests on its new planes? … [Read more...]
