Missed Opportunity: How could funds lost to tax incentives in Africa be used to fill the education finance gap? ActionAid (via Curtis Research)
Excluding corporate tax avoidance from definitions of illicit financial flows will undermine progress in fight – ECA and partners Ghana Business News
Africa robbed of $50bn via treaties, weak tax laws News Agency of Nigeria (NAN)
Nigeria: Federal Government cautioned on granting long-term tax incentives The Guardian Nigeria
Factsheet: What are the Gender Dimensions of IFFs? African Women’s Development and Communication Network (FEMNET)
Why the World Bank won’t end inequality New Internationalist
‘The World Bank claims to be fighting inequality. But the evidence suggests otherwise’, says Lidy Nacpil, co-founder of the Fight Inequality Alliance
Even the IMF now agrees that taxing the rich is the only way to decrease inequality The Independent
See also: IMF: higher taxes for rich will cut inequality without hitting growth The Guardian
Danish bank accused of Russia money laundering EU Observer
U.S. Corporate Tax Shake-Up Could Fuel Tension With Allies The New York Times
‘Yet it could turn out that the European crackdown on American multinationals will ultimately help — rather than hobble — Washington’s efforts to get them to pay up. The harder that other countries make it for American companies to take advantage of tax havens and sweetheart deals abroad, the weaker the incentives are for businesses to stash money out of the reach of the Internal Revenue Service.’
Apple’s Cook Meets Macron in Paris Amid Calls for Tech Taxes Bloomberg
Panama: Debate to criminalize tax evasion STEP
The plunder route to Panama: How African oligarchs steal from their countries Modern Ghana
See the report here.
Panama Papers: German authorities carry out first raids in connection with tax leaks DW
Features video interview with Nicholas Shaxson, author of Treasure Islands: Tax Havens and the Men Who Stole the World
Who cleans up Scotland’s shell firm mess? Herald Scotland
See also: Who are the secret ‘Scottish investors’ in Uzbekistan? Herald Scotland
Photo credit: Stacked Newspapers by Binuri Ranasinghe available from Flickr under the creative commons license
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