Press Release For immediate release. Jan 21, 2016 Europe must impose withholding taxes on payments, to target U.S. and other tax havens Global transparency scheme in peril: strong action now needed The Tax Justice Network is calling for the European Union to follow the United States … [Read more...]
Archives for 2016
Links Jan 21
Revenue foregone through tax treaties in context Martin Hearson's Blog Read more on Tax Treaties here. MEPs want companies tax dodges repaid into EU budget euobserver See also: MEPs Say State Aid Probe 'Windfall' Should Be Divvied Up Tax-News Greater tax transparency: Interview with … [Read more...]
Conference: No Taxes, No Development – Berlin, 18th February 2016
Conference No taxes, no development Ways to a just taxation of multinational corporations … [Read more...]
Review: new book on Capital Flight from Africa
Over at Uncounted, Alex Cobham (our Research Director) has written a review of a new tome for tax justice bookshelves: Capital flight from Africa: Causes, effects and policy issues, Ibi Ajayi & Léonce Ndikumana (eds.), 2015, Oxford University Press. His review begins: "This new volume … [Read more...]
The Offshore Game: Bolton Wanderers on the brink
This sad story, featuring a company registered in the British Virgin Islands and an offshore trust in Bermuda, is cross-posted from our partners at The Offshore Game. … [Read more...]
TJN-backed tax haven book a bestseller in Germany
We are delighted to note that Markus Meinzer's book Steueroase Deutschland (Tax Haven Germany) is selling like hot kuchen in Germany: currently ranked at Number 1 in business books, and an even more remarkable Number 24 in all books - going head to head with the likes of "Harry Potter und der … [Read more...]
Some (minor) useful developments in the United States
We have recently been extremely exercised about Tax Haven USA, which has been busy (and rightly so) protecting itself from offshore tax havens, while at the same time becoming more of a tax haven for foreigners. But we mustn't forget that the United States isn't a monolith: it's a battleground … [Read more...]
Links Jan 19
How Shell, Total and Eni benefit from tax breaks in Nigeria's gas industry Stop Switzerland Selling Secrecy, Christian Aid Urges Davos Delegates The Cayman Islands – home to 100,000 companies and the £8.50 packet of fish fingers The Guardian The ideologists of the Competitiveness … [Read more...]
Links Jan 18
Tax-dodging by the superrich is driving global inequality, Oxfam says Al Jazeera New report singles out tax havens as main cause of global inequality, urges coordinated response to widespread practice, see also Richest 62 people as wealthy as half of world's population, says Oxfam The Guardian, … [Read more...]
New Oxfam report: An Economy For the 1% – and how to reform it
In a new report on inequality, published today, Oxfam reveals that the richest one percent of the global population now owns more wealth that the rest of the world combined. In 2015, just 62 people had more wealth than the poorest half of the world's population, … [Read more...]
Links Jan 15
The Heavens: more accolades Treasure Islands Blog Civil Society in Zambia calls for government to adhere to beneficial ownership transparency in the new EITI principle Publish What You Pay Zambia MEP takes EU to court on tax transparency euobserver Apple May Be on Hook for $8 Billion in … [Read more...]
New paper: tax treaties a ‘poisoned chalice’ for developing countries
Update, Jan 20: this blog has now been adapted and expanded in a post on Naked Capitalism. In 2013 we published an article entitled Lee Sheppard: Don't sign OECD model tax treaties! which looked at a presentation by one of the U.S.' top experts in international tax. Her fiery presentation … [Read more...]
Quote of the day: White House slaps down foolish ‘innovation box’
Last October we published an article entitled The UK’s “Patent Box” – nasty, disingenuous and hypocritical tax law (via a longer piece we wrote on Naked Capitalism, entitled The “Patent Box” – Proof That the UK is a Rogue State in Corporate Tax.) This is about providing tax breaks for multinationals … [Read more...]
Tax justice and human rights: an issue that’s been hiding in plain sight
A new paper by Advocate Paul R Beckett in the Isle of Man is adding to the small but fast-growing body of work on Tax Justice and Human Rights. Its crowd-thrilling title is The Representative Impact of the Isle of Man as a Low Tax Area on the International Human Rights Continuum from a Fiscal and … [Read more...]
The secret EU Tax “Code” that needs to be cracked open
Guest Blog: The secret EU Tax "Code" that needs to be cracked open A guest blog by Tove Maria Ryding, Eurodad Yesterday Fabio De Masi, a German member of the European Parliament, filed a lawsuit against the European Commission after being denied the right to see the minutes from meetings in … [Read more...]