EC tax ruling: Belgian opportunity, big 4 at risk? Uncounted LuxLeaks whistleblowers thanked as tax probes continue ICIJ See also: LuxLeaks” trial to start on April 26th - Petition update on Support Antoine Deltour! U.S. Will Track Secret Buyers of Luxury Real Estate The New York … [Read more...]
Archives for 2016
Tax Justice Lëtzebuerg (Luxembourg) launched
Via email, we just received this: "This Wednesday « Collectif Tax Justice Lëtzebuerg » went public. Initiated following the Luxleaks revelations, this collective brings together about thirty citizens calling for a public debate which questions the usefulness, the legitimacy and the merits … [Read more...]
New petition: public country by country reporting now
From War on Want and EPSU, a new petition: "We call on the economics and finance ministers of the European Union to crack down on corporate tax dodging; multinational companies must be required to publish key information about where they are doing business, earning their profits and paying their … [Read more...]
Call for Papers – Research Workshop on Corruption and Tax Havens, London, April 2016
Call for papers for a Research Workshop on CORRUPTION AND THE ROLE OF TAX HAVENS City University London, 28th / 29th April 2016 In May 2016 the U.K Government will be hosting a global summit on corruption. Ahead of this event, the Association for Accountancy & Business Affairs,(i) City … [Read more...]
Links Jan 12
Whistleblower - Alone against the System Deutsche Welle Petition: Tax Transparency Now War on Want Why India's Demand For UN Tax Committee Holds The Key To Funding The Paris Deal Huffington Post Ireland: the Tax Haven that Dare Not Speak Its Name counterpunch "If your top political … [Read more...]
The Offshore Wrapper – a week in tax justice #71
Only in Belgium The European Commission has written to Belgium, ordering that country to collect an extra €700m in taxes from at least 35 multi-national companies. The letter is the latest move by the European Commission to use its power over the European single market to clamp down on tax avoiding … [Read more...]
Links Jan 11
Uncounted: Power, inequalities and the post-2015 data revolution Africa: Is Responsible Tax Behaviour the Next Frontier of CSR? allAfrica / Institute of Development Studies Belgium's $763 Million Tax Loophole Shut in EU Payback Order Bloomberg See also:In wake of Luxleaks - EU says Belgium's … [Read more...]
Links Jan 7
US Congress opposes World Bank plan to weaken environmental and social protections, seeks transparency about “beneficial owners” of shell companies CIEL Falciani labels the Swiss as financial mercenaries swissinfo Capital flight VII. The effects of globalization and foreign ownership of the … [Read more...]
Links Jan 6
The economic crisis impacting Jersey, one of the oldest tax havens in the world BBC Mundo (In Spanish) See also our recent blog Jersey: the fall of a Finance-Cursed tax haven Cayman Financial Services Minister: Tax dodgers beware Cayman Reporter Tax avoidance hits the poorest hardest The … [Read more...]
New research: ‘competing’ aggressively on tax reduces growth
Cross-posted with Fools' Gold, and now on Naked Capitalism. This article will be permanently stored on a section of the site called The Harms. Recently we published an article entitled New studies: do ‘competitive’ corporate tax cuts boost growth? - to which the answer was a qualified 'no.' Well, … [Read more...]
The ironic pillage of tax haven Puerto Rico by offshore hedge funds
Puerto Rico is a peculiar historical relic, whose relationship with the United States has strong echoes of the half-in-half-out relationships that the British Overseas Territories and Crown Dependencies enjoy with the mother country, the United Kingdom. This halfway-house link, which provides solid … [Read more...]
Links Jan 5
Cook Islands, a Paradise of Untouchable Assets The New York Times. From 2013, but well worth the reminder. HSBC escapes action by City regulator following Swiss tax scandal The Guardian The Swiss Have Sent a Chilling Message to Banking Whistleblowers The Wire See also our recent blog on How … [Read more...]
Automatic Information Exchange: a trove of useful new data. Here’s a template for using it
Automatic Exchange of Information (AEOI) at a global level is supposed to become effective in 2017, when many jurisdictions[1] start to exchange financial account information (e.g. bank account information) with each other, under the OECD’s Common Reporting Standard (CRS). The idea is to crack down … [Read more...]
Tax Haven Netherlands takes over EU presidency. As if Juncker weren’t enough
From Social Europe: "As of this January 1, the Netherlands holds the Presidency of the European Union. This is a good occasion to put the spotlight on a well-kept Dutch secret: The Netherlands is one of the largest tax havens in Europe, indeed the world. While minister of finance Jeroen … [Read more...]
The New Year Offshore Wrapper – #70
A New Year Wrapper! The Authority of Financial (Mis)Conduct As the first decade of the 21st century came to a close the hangover from two decades of excess in the financial sector finally set in. Banks collapsed and threatened to take down major economies with them. It has been a long hangover, … [Read more...]
