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 … [Read more...]
Archives for 2017
Podcast: A New Vision for the British Economy, a Taxcast Extra
According to the Institute for Public Policy Research’s Commission on Economic Justice report called Time for Change: A New Vision for the British Economy, we need a "fundamental reform of the British economy on a scale comparable with the Atlee reforms of the 1940s and the Thatcher revolution of … [Read more...]
Links Oct 9
Switzerland needs to do more to keep ‘dirty money’ at bay, urges UN expert UN News Centre To stop losing mining revenues, dig the details Oxfam: the Politics of Poverty 'How detecting and deterring “transfer mispricing” in Zambia’s billion dollar mining sector can boost government coffers in … [Read more...]
The Dutch government cuts its corporate tax rate…
The new Dutch government is to announce that it will cut its corporate tax rate according to leaked details of the current round of coalition talks. This move is the equivalent to the country jumping into the race to the bottom pool with both feet. We've always highlighted the false narrative … [Read more...]
New release of global tax data
If you were working on tax as a development issue in the early 2000s, not only were you a lonely figure but you were also faced with some of the most pathetic cross-country data imaginable. For a 2005 paper (which introduced the 4 Rs of tax, inter alia), I tried to put together a comprehensive … [Read more...]
The Offshore Wrapper – 8 October
Welcome to the Offshore Wrapper, a weekly roundup of news from the world of tax and tax havens. If you want to receive the wrapper in your inbox every week, you can subscribe here. … [Read more...]
Interest deductions and tax avoidance – will BEPS solve the problem?
New rules to prevent corporations using debt and interest payments to lower their taxbills have been one of the outcomes of the OECD BEPS programme. However, how effective are these rules? And is the new debt cap proposed by the OECD likely to have any impact at all? Earnings stripping and … [Read more...]
Links Oct 5
How to disarm corporate tax capture? Global Alliance for Tax Justice Overcharged: the high costs of high finance Fools' Gold - rethinking competition European Parliament Advances Call for Whistleblower Protection Bloomberg BNA See also: EP’s Legal Affairs Committee takes a strong stance for … [Read more...]
Tax Justice video: How can we avoid another crisis? Expert panel discussion
In this video we hear fascinating presentations and discussion from an expert panel on how another global financial crisis can be avoided, ten years after the first. They focus on the UK, not only on the financial sector itself and the finance curse, but also on the role of the wider financial … [Read more...]
European Commission orders Luxembourg to claim back 250 million in taxes from Amazon – TJN Reaction
There are two very welcome pieces of tax justice news today. Firstly, the European Commission has ordered the tax haven of Luxembourg to recover 250 million euros in taxes from Amazon, finding that the benefits extended to the company amount to illegal state aid. The support Amazon received, allowed … [Read more...]
Job opening at TJN extended: Researcher (African Hub, francophone)
Update 30 October 2017: we have now successfully concluded recruitment for this job. Tax Justice Network is recruiting a francophone researcher based in francophone Africa for our Financial Secrecy and Tax Advocacy in Africa (FASTA) project, which the Norwegian Agency for Development Cooperation … [Read more...]
Tax justice in the Arab world: new research
We're pleased to be able to share the recent work of the Arab NGO Network for Development, a regional network in 12 Arab countries. They've released research (available in English here and in Arabic here) which assesses tax systems in a number of Arab countries from an economic and social justice … [Read more...]
The Offshore Wrapper – Sunday 1 October
Welcome to the Offshore Wrapper, a weekly roundup of news from the world of tax and tax havens. If you want to receive the wrapper in your inbox every week, you can subscribe here. Taxing times lie ahead for President Trump For years, US politicians have debated what to do with the multi-trillion … [Read more...]
Links Sep 29
Global corporations and nation states - Calling time on tax havens International Politics and Society 'We need a new UN body to tackle global tax evasion and avoidance' Public Country-by-Country Reporting - Boosting Tax Transparency to Guard Investors, Protect Taxpayers, and Inform … [Read more...]
Links Sep 27
A Tax Plan for the Cayman Islands and Switzerland The FACT Coalition Allied Irish Bank to pay no corporation tax for 20 years: CEO Irish Examiner 'The anomaly has come about because the bank has a so-called deferred tax asset of €3bn, which under tax and accounting rules allows it to … [Read more...]