Global Tax Transparency Rising in 2015 As FATCA, OECD Initiatives Gain Momentum Bloomberg BNA Luxembourg investigation: EU parliament suggests LuxLeaks inquiry committee setup Luxemburger Wort Vatican foiled over bid to hide Swiss bank data The Local Japan unveils plans to impose 'exit … [Read more...]
Archives for 2015
Oxfam calls for World Tax Summit
From the Oxfam blog: The corporate tax rules we live with today are from a by-gone era and remain essentially unchanged since the 1920s, from a time when world trade was less than 1 percent of what it is today, a time when companies “resided” very clearly in one country and “sourced” from … [Read more...]
Greece’s swamp of offshore corruption
From the Guardian's letter page: Your news, editorial and speculations about Syriza’s victory might now be followed by an analysis of where Greece’s past decades of wealth, present revenues, EU grants, loans and gifts have gone. … [Read more...]
Links Jan 28
Poverty in the Cayman Islands Tax Research UK See also: The Finance Curse U.S.: Congress Should Pass the Stop Tax Haven Abuse Act to Combat International Tax Avoidance Citizens for Tax Justice Puerto Rico Expands Tax Haven Deal For Americans To Its Own Emigrants Forbes Consider also: Tax … [Read more...]
Apply to TJN’s Illicit Finance Journalism Programme
Apply to TJN’s Illicit Finance Journalism Programme We are delighted to issue a call to journalists and campaigners to attend the fifth Illicit Finance Journalism Programme (IFJP). TJN’s financial investigative journalism training course takes place in London between Tuesday 12 May – Friday … [Read more...]
Financing for Development talks snowed under in New York
29th January 2015 - UPDATE: Here is a copy of the civil society response to the Financing for Development 'Elements' paper that acts as the starting point for the first drafting session today in New York. Guest blog from Christian Aid's Dr Matti Kohonen in New York Snow blizzard was … [Read more...]
Quote of the day: tax-evading Greek oligarchs
From an article by UK journalist Paul Mason, published on the eve of the Greek vote: "As for the Greek oligarchs, their misrule long predates the crisis. These are not only the famous shipping magnates, whose industry pays no tax, but the bosses of energy and construction groups and football … [Read more...]
Links Jan 27
The Economic Effects of Financial Derivatives on Corporate Tax Avoidance Social Science Research Network How Property Tax Would Benefit Africa Africa Research Institute 'Even It Up' campaign against global inequality steps up a gear Ekklesia Why is Oxfam calling for a World Tax Summit? … [Read more...]
UK campaigners call on political parties to adopt tax dodging bill
Today a coalition of 17 UK organisations including TJN, ActionAid, Oxfam, Christian Aid, the NUS and the Equality Trust is launching a campaign to tackle the scandal of corporate ta avoidance in the run-up to the next UK general election in May. … [Read more...]
Haven quote of the day: there are no activities here
From Fortune Magazine, an investigation into Luxembourg's shady corporate dealings: "The mailbox marked AIG/Lincoln—the name of a partner of the New York–based insurance and real estate giant AIG—is empty and unlocked. Moments later, in the company’s fifth-floor office, I meet AIG/Lincoln’s … [Read more...]
The Offshore Wrapper: a week in tax justice #48
Greece is the word Syriza’s election triumph in Greece has provoked media and financial markets hysteria. Overnight the Euro hit a ten year low against the dollar. Here at Wrapper Towers we have been reflecting on the politics of debt reduction and would like to sprinkle some facts. … [Read more...]
Links – Jan 26
Luxembourg Charges Second Ex-PwC Employee Over Tax Leaks Bloomberg See also recent blogs Will Antoine Deltour become a prisoner of conscience? and Tax haven whistleblowers: where are the human rights organisations? Davos is starting to get it – inequality is the root cause of stagnation The … [Read more...]
Loophole USA: the vortex-shaped hole in global financial transparency
Update - Aug 2020. A seminal Washington Post article, America the Tax Haven, written by (now) TJN Senior Adviser James S. Henry in 1989. Update - April 2020. New research based on classified documents reveals an untold and previously secret history of how civil servants in the UK, in partnership … [Read more...]
New report: women, tax and economic inequality
ActionAid has just published a new report entitled Close the Gap! The Cost of Inequality in Women's Work, which does that it says on the tin. It's not just about tax, of course, but it contains much that is of interest to us. … [Read more...]
Offshore vs Football in the January 2015 Tax Justice Network podcast
In the January 2015 Taxcast: how offshore is ruining the 'Beautiful Game': the Taxcast scrutinises football's own goal. Also: how banks with criminal convictions are being allowed to continue to handle our money, how people may be allowed to apply for anonymity in the UK's new register of beneficial … [Read more...]
