The next United Nations secretary-general Antonio Guterres has a lot on his plate. But when he takes over from Ban Ki-moon to head the United Nations on the 1st of January 2017 one of his priorities must be to eliminate tax havens. … [Read more...]
Archives for 2016
Links Oct 24
UN Expert Urges Next UN Chief to Focus on Ending Tax Havens ABC News France: Constitutional Council rejects register of trusts Challenges (In French) The anatomy of the Cayman Islands offshore financial centre: Anglo-America, Japan, and the role of hedge funds Review of International Political … [Read more...]
Whistleblowers on film…
A new short film was released earlier this year by German broadcaster Deutsche Welle called 'Whistleblower – Alone against the system'. … [Read more...]
Links Oct 21
Number 1 recommendation of Independent UN Expert's report is for a UN Global Tax Body Global Alliance for Tax Justice BRICS on #taxjustice Global Alliance for Tax Justice European commission to resurrect overarching corporate tax proposals The Guardian UK’s failure to rein in tax havens hinders … [Read more...]
Yet another “last chance” for Italian tax evaders to comply with the Italian tax code
Old Italian “habits” die hard, says Lecturer in Accounting and Taxation at Nottingham University Business School and member of the BEPS Monitoring Group Tommaso Faccio. As if the voluntary disclosure programme they offered citizens less than two years ago wasn't bad enough, here comes yet another … [Read more...]
Podcast: Iceland: offshorisation, collapse and recovery. What are the lessons?
In the October 2016 Tax Justice Network podcast: we look at the offshorisation of Iceland's economy, its collapse and recovery. What are the lessons? Also, Brazil adds Ireland to its tax haven black list and Panama threatens anyone who dares call it a tax haven with a new law...plus more scandal … [Read more...]
Brexit, Pound Sterling, and the Finance Curse
The significant fall in the value of the pound Sterling since the Brexit vote is likely to increase retail price inflation in Britain in the coming year. Many low income households will suffer steep rises in their costs of living. But in the long run might Sterling’s decline help rebalance the … [Read more...]
Links Oct 19
UN wants to abolish tax havens worldwide Dawn GUE/NGL MEPs - blog on the European Parliament’s Committee of Inquiry into the Panama Papers Deltour: We need EU-level protection for whistleblowers Rudolf Elmer: Multinationals and rich individuals are cheating civil society BNP Paribas executives … [Read more...]
Links Oct 17
UN urged to hold conference on abolishing tax havens The Nation Inequality, business and human rights: the new frontier? Open Democracy FACT Coalition Welcomes Rule to Stem Multinational Corporate Tax Avoidance BRICS countries keen on reining in tax-dodging MNCs says India's Economic Relations … [Read more...]
Our October 2016 Spanish language Tax Justice Podcast: Justicia ImPositiva, nuestro podcast de octubre 2016
Welcome to this month's podcast and radio programme in Spanish! ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofonica! (abajo en castellano). This month: we travel from the Panama Papers to the Bahamas and the Bahamas Leaks scandal we analyse money laundering in Argentina, … [Read more...]
Links Oct 12
Singapore shuts down 2nd Swiss bank, Falcon, & fines UBS, in crackdown re Malaysian sovereign fund 1MDB scandal swissinfo See also Falcon Bosses Ignored Staff Warnings on 1MDB finews, and (from July 2016) How Malaysia’s 1MDB Fund Scandal Reaches Around the World Bloomberg Swiss banks chasing … [Read more...]
Is it ‘smart’ to avoid your taxes? US Americans believe not
US Americans apparently share a fundamental civic commitment to taxpaying. That's not what you might think from the anti-tax rhetoric that has been a strong feature of Republican politics. Presidential candidate Donald Trump may have avoided paying any federal income taxes for nearly two decades and … [Read more...]
Global tax reform: update on progress and next steps
The Methodist Tax Justice Network, the Global Alliance for Tax Justice and one of our senior advisors Professor Sol Picciotto have just published a very useful up-to-date account of where the OECD and G20 have got to on tax reform, along with a useful explanation of the Unitary Taxation … [Read more...]
Links Oct 10
Australia: Oil and gas tax may raise no extra revenue for decades ABC News See also: Turnbull government called on to explain where Australia's offshore gas wealth is going The Sydney Morning Herald #Appletax ruling: "the need for a new way of taxing profits" ICRICT / Global Alliance for Tax … [Read more...]
Facebook UK tax – TJN statement
Facebook UK's accounts for 2015 were published today, online at Companies House. TJN Director of Research Alex Cobham commented: "Facebook UK’s accounts show specific issues, but point also to the real problem: that major multinational companies appear to be able to pick and choose, unlike the … [Read more...]
