Rudolf Elmer, the Cayman-based Swiss whistleblower who went to prison after spilling secrets relating to the Swiss bank Julius Baer, has long been victimised not only by the Swiss banking establishment, and Switzerland's courts (which as we've extensively documented, seem to have played fast and … [Read more...]
Archives for 2016
Links Aug 16
Indonesia plans tax haven on two islands near Singapore The Straits Times See also: Tax Haven in Indonesia? Corporate Income Tax Indonesia Slashed? Indonesia Investments, and Read about Tax Wars here Some shell companies sidestep new UK transparency rules Reuters Scotland formally calls on … [Read more...]
Links Aug 12
Small but not too beautiful: Europe’s micro-countries may be places where people are up to no good, but so are bigger ones The Economist New Zealand Foreign Trusts: the Scandals, the Reforms, and Some Throat-Clearing From the EU naked capitalism Joseph E. Stiglitz and Mark Pieth: Why We Left … [Read more...]
Links Aug 10
World Social Forum 2016 - Tax Justice and Fight against Poverty World Social Forum 2016 - Women & Girls, Equality & Tax Justice World Social Forum 2016 - Disarm finance and achieve tax justice World Social Forum 2016 - Tax Justice & Human Rights Forum World Social Forum 2016 … [Read more...]
Links Aug 8
Experts Quit Panama's Transparency Committee Over Lack of Transparency ICIJ Developing Nations Seek Tax Body to Curb Illicit Financial Flows Inter Press Service DRC’s largest mine was just sold. And DRC got nothing. Oxfam: The Politics of Poverty How PWYP-Indonesia is Turning Extractives … [Read more...]
Links Aug 5
Latin American tax clampdown latest threat to Swiss bank accounts Reuters Rio-2016: The Olympic tax binge Outras Palavras (In Portuguese) German state shares Swiss bank details swissinfo Panama Papers: EU Parliament to ask Mossack Fonseca representatives to testify The Parliament … [Read more...]
New report from UK parliament: tax justice to the fore
The UK's All Party Parliamentary Group on Tax has published a report entitled A more responsible global tax system or a ‘sticking plaster’? An examination of the OECD’s Base Erosion and Profit Shifting (BEPS) process and recommendations. They consulted us (among many others) and the result is a … [Read more...]
Links Aug 3
LuxLeaks is not over - Luxembourg Prosecutor appeals against LuxLeaks outcome Luxemburger Wort See our blog The #LuxLeaks whistleblowers verdict: our statement On debt and taxation, rich and poor countries are worlds apart The Guardian Mapping global business opinions on human rights … [Read more...]
Finally, trade misinvoicing gets political
We recently helped publicise a report by the UN Conference on Trade and Development (UNCTAD) in our blog entitled Some countries “lose” 2/3 of exports to misinvoicing. As a reminder, trade misinvoicing is a form of money laundering that involves deliberately misreporting (on an invoice to customs) … [Read more...]
Book review: Global Tax Governance – What is wrong with it and how to fix it
A guest blog by Rasmus Corlin Christensen, with his kind permission, originally published @FairSkat Blog One of the major 21st century challenges for politicians and polities at both the national, regional and international levels is the governance of ever-more global, mobile and flexible … [Read more...]
Tax cuts and prosperity: new US evidence
Updated with an additional story From the New York Times: "How can America’s leaders foster broad prosperity? For most Republicans — including Donald J. Trump — the main answer is to “cut and extract”: Cut taxes and business regulations, including pesky restrictions on the extraction of … [Read more...]
Finance Curse in The Atlantic: how to mount an offshore coup
We recently hosted Brooke Harrington, an Associate Professor at the Copenhagen Business School, on our Taxcast, talking about her remarkable research on tax havens. She wrote an article in The Atlantic last October, entitled Inside the Secretive World of Tax-Avoidance Experts - which we'd urge you … [Read more...]
Video: Guide to Legal Tax Evasion
We're happy to share a rather brilliant explanation of corporate tax reduction erm, elimination shennanigans from the news and political satire show in Australia, The Undercurrent. In their words: "Thousands of global companies avoid paying tax. That leaves us, taxpaying citizens, to pick up the … [Read more...]
Links Jul 27
Christian Aid Calls On UK's Prime Minister To Start Her Tax Haven Clean Up Close To Home One year after Financing for Development Conference in Addis Ababa, rich countries blocking UN from working on tax, again Financial Transparency Coalition Is India close to passing a law to identify true … [Read more...]
The Financial Secrecy Index Methodological Review – Results of the Stakeholder Survey
The implications of financial secrecy offered by tax havens have never been higher on the agenda of both national and international policymakers. The difficulty in defining tax havens and the susceptibility to political pressure on processes of drawing up lists of havens led the Tax Justice Network … [Read more...]
