The North Korean Connection The offshore world, with its secrecy and complex corporate structures can throw up some of the most extraordinary connections. One of them was unveiled this week by Finance Uncovered, a global network of investigative journalists. … [Read more...]
Archives for 2016
KPMG: Professional Chameleons Or Independent Public Auditors And Regulators?
A new guest blog by Atul K. Shah, Senior Lecturer, Suffolk Business School, University Campus Suffolk, UK. This is based on a paper Shah first presented at a Tax Justice Network Research Workshop at City University in June 2015, and it follows a more focused piece last month calling for a probe … [Read more...]
Taiwan – the un-noticed Asian tax haven?
This is a speculative blog based initially on a couple of conversations with people in the industry, with some supporting evidence. A (slightly tidied-up) conversation we've just had went along these lines: "You'll never guess what is the new Switzerland for Asia. And I mean big time. The Asian … [Read more...]
The Finance Curse: Britain and the World Economy, new paper
We've pointed to a draft of this before, but here is the final published version, in the British Journal of Politics and International Relations, a paper by two TJNers and Duncan Wigan of the Copenhagen Business School. (It's also available here.) The abstract goes like this: The Global … [Read more...]
Links Feb 8
EU proposals will force multinationals to disclose tax arrangements The Guardian How to cut through the problem of multinationals’ tax dodging The Independent See also our report Ten Reasons to Defend the Corporate Income Tax Indonesian Tycoons Find Tax Haven in Singapore Fair … [Read more...]
Actor Greg Wise takes on the UK tax avoidance industry in Dispatches tonight
Actor Greg Wise was so disgusted by the evidence of how HSBC bank helped its clients evade taxes through its Swiss subsidiary, he got angry, very angry indeed. So he turned undercover investigator to expose the disgraceful lack of ethics of the tax dodging industry. As one of the tax … [Read more...]
Links Feb 5
The North Korean Connection Finance Uncovered Investigation reveals links between a North Korea bank and US Defense industry via an offshore trust, with links through Luxembourg, Cayman, Jersey. Getting to Good - Towards Responsible Corporate Tax Behaviour ActionAid Swiss bank Julius Baer … [Read more...]
Global Alliance for Tax Justice jumps to top 10 of global rankings
Congratulations to our partners at the Global Alliance for Tax Justice who have jumped straight in to number ten position in the International Tax Review's global ranking of who's who in the tax world. … [Read more...]
A new whiteboard animation from the Tax Justice Coalition Pakistan
The Tax Justice Coalition Pakistan has just published the following video animation detailing how poor and middle income households in that country carry 75 per cent of the tax contribution, and outlining measures required to restore a degree of progressiveness to what is an increaingly unjust tax … [Read more...]
Tax Haven USA: Congress moves to end corporate secrecy
Earlier this week we blogged a groundbreaking exposé of how US law firms advise on shifting dirty money into the USA. Now we hear that bipartisan legislation is being proposed to help stamp out corruption, money laundering and tax evasion by curbing use of anonymously-owned companies in America. … [Read more...]
Civil society calls on African Union to prioritise financing human rights for women
We've just received a copy of the final Communiqué of the 6th Citizen's Continental Conference which took place in late January in Addis Ababa. This year the conference, which precedes the African Union Summit, had human rights as its core focus, with a particular focus on the rights of women. … [Read more...]
Links Feb 2
2016: Africa’s Year Of Grave Concern TJN-Africa Blog Slash taxes by half, say North Sea oil companies The Telegraph See recent blog Do not listen to Big Oil’s whining for tax cuts Swiss seek Malaysian help probing $4 billion financial scandal The Telegraph The New Global Tax Shelter Is … [Read more...]
Tax Haven USA – part two: Rothschilds (nearly) confirms Tax Justice Network position
One year ago, Tax Justice Network published a blog detailing the ways in which the USA is steadily turning itself into a vortex-shaped hole in the global financial system. Others have picked up on the theme, including The Economist which rightly labelled the USA as "the mega-haven". Now, … [Read more...]
Tax Haven USA – part one: 12 New York law firms advise on how to move dirty money to the USA
12 New York law firms filmed suggesting how to move suspect money into the US & avoid detection Ground-Breaking exposé by Global Witness shows how the corrupt can exploit anonymously-owned companies … [Read more...]
Links Feb 1
Book launch: Inequality, uncounted By TJN's research director Alex Cobham Malawi: ActionAid urges UK to rethink colonial-era tax deal which slashes money for health care and education The Independent Ecuador parliament debates law to prevent tax evasion on gains from bequests STEP "The main … [Read more...]
