Luxembourg in art attack You’d think tax havens have their hands full with exotic financial products and shell companies. Well now they are trying to cash in on a new form of financial secrecy – high value art. … [Read more...]
Archives for 2015
How to kickstart sluggish growth: tax corporations more
The Financial Times columnist John Plender he has written an exellent article that contains a number of points - every single one of which, bar one, has previously been argued by TJN. We won't summarise them all - please read the full article, if you have a subscription, but it's almost uncanny how … [Read more...]
The Tax Justice Research Bulletin – 1(2)
February 2015 This is the second Tax Justice Research Bulletin, a monthly series dedicated to tracking the latest developments in policy-relevant research on national and international taxation. … [Read more...]
Links Mar 2
Tax evasion: Leaks on tap The Economist Cites TJN and our report identifying more than 30 loopholes and exemptions in the OECD's Common Reporting Standard (CRS). Tax Power Campaign Africa Coordinator - Job Opportunity with ActionAid The Looting Machine: Warlords, tycoons, smugglers and the … [Read more...]
HSBC and the world’s oldest drug cartel
HSBC's core values are under scrutiny. The bank has been implicated in one scandal after another, and the current leadership claims to be wanting to restore the bank's reputation. But what reputation do they aim to restore? … [Read more...]
On using tax holidays to ‘pay for’ stuff
From Jaimie Woo in the Huffington Post: "A strangely popular proposal would give companies a temporary tax holiday, letting corporations bring back their money on paper, or "repatriate" it at an extremely low tax rate, thereby encouraging more corporate tax dodging in the future. The most … [Read more...]
Links Feb 26
European Parliament tax evasion investigation kicks off; proper inquiry must be swiftly ramped-up Sven Giegold Indonesia to crack down on corporate tax avoidance via transfer pricing Reuters Zambia: Why discrepancies in our copper trade records? Zambia Daily Mail "... we cannot easily … [Read more...]
Links Feb 25
Unhappy Meal: €1 Billion in Tax Avoidance on the Menu at McDonald's War on Want HSBC bosses grilled over Swiss tax scandal - live updates The Guardian Abusive Tax Avoidance and Institutional Corruption: The Responsibilities of Tax Professionals Social Science Research Network Hat tip: … [Read more...]
The UK Gold – watch the UK Network Premiere
The documentary film UK Gold, looking at Britain's role in the world of tax havens and in international tax issues more generally, is having its first network premiere tonight, on London Live. The music score is now available, courtesy of UK Uncut, here. Details are here, with background … [Read more...]
It’s time to stop extraditing public-interest whistleblowers
TJN has just co-signed a letter published by the U.S. Governmental Accountability Project (GAP,) drawing attention to the topsy-turvy situation where whistleblowers acting in the public interest are being extradited to other countries, under procedures that were originally created to fight against … [Read more...]
Whistleblowers – the new countercultural heroes
From Matt Taibbi in Rolling Stone magazine: "This is the age of the whistleblower. From Chelsea Manning to Edward Snowden to the latest cloak-and-dagger lifter of files, ex-HSBC employee Hervé Falciani, whistleblowers are becoming to this decade what rock stars were to the Sixties — pop culture … [Read more...]
Offshore Wrapper #52 – a year in tax justice
Gulliver’s circuitous travels More details of HSBC account holders continue to emerge. The latest embarrassing tale concerns Stuart Gulliver, the CEO of the godawful bank. Born in Derby, England, and educated in lush, leafy Devon, he now works in London. But despite his obvious English roots, … [Read more...]
Links Feb 24
Economic Campaigner of the Year Tax Research UK HSBC Scandal: why tax havens are fuelling global poverty and how you can help stop it ONE Sign the petition: ask BIS to release secret information about tax havens and expose corruption. Should the HSBC Scandal Spell the End For Trickle Down … [Read more...]
Women and Tax Justice at Beijing+20: Registration Open
Registration is open for the Queen's University Feminist Legal Studies International Women's Day conference Women and Tax Justice at Beijing+20: Taxing and Budgeting for Sex Equality Mar. 6 from noon through dinner Mar. 7 from 9 am to 5 pm To register email … [Read more...]
Fact of the day: how often has Britain’s ‘non-dom’ rule been challenged?
Britain's domicile rule is one of the greatest tools available to the world's wealthiest people to shake of the pesky burden of tax, leaving the rest of us to kindly pay their share for them. It's a slippery, vague concept, and lots of people who claim domicile status really ought not to be able … [Read more...]