Tax rulings not legitimate, says justice collective Delano ‘Luxembourg’s contested tax rulings with Fiat and Engie may be legal but their legitimacy has been put in question by the country’s tax justice defenders.’ Nevis: how the world’s most secretive offshore haven refuses to clean up The … [Read more...]
Archives for 2018
Tax Justice Network’s July 2018 Spanish language podcast: Justicia ImPositiva, nuestro podcast, julio 2018
Welcome to this month’s latest podcast and radio programme in Spanish with Marcelo Justo and Marta Nuñez, free to download and broadcast on radio networks across Latin America and Spain. ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofónica! (abajo en Castellano). In this month’s … [Read more...]
Why is Germany siding with the tax havens against corporate transparency?
Germany’s supposedly left-wing new finance minister, the Social Democratic Party's Olaf Scholz, is in the process of sabotaging European efforts to make companies be more transparent about their financial affairs. Specifically, he has just indicated that he favours a procedural approach to … [Read more...]
Links Jul 11
Trends in global inequality UNU-WIDER - video ‘The level of inequality in the world is far beyond what any economic argument can justify.’ Rising inequality is a wake-up call for human rights OpenGlobalRights Former Pakistan PM Sharif Sentenced To 10 Years Over Panama Papers ICIJ ‘Big … [Read more...]
It’s time for countries to start publishing the data they’re collecting under OECD’s Common Reporting Standard
Some financial centres already publish detailed data on cross-border bank account holdings. The OECD’s Common Reporting Standard is now underway, generating lots of this data: it’s time to publish it all. This would cost nothing, breach no confidentiality, and deliver large benefits. Another 50 … [Read more...]
Accounting for influence: how the Big Four are embedded in EU tax avoidance policy
The Corporate Europe Observatory has a report out today which is well worth reading. We've written and commented extensively on the Big Four accountancy firms and the damage they do, you can read more in our 'enablers and intermediaries' section. As our CEO Alex Cobham has said, they're "not the … [Read more...]
Inequality and the consequences: how much is too much?
We’re pleased to share work from Bermudian economist Robert Stubbs, formerly Head of Research for the Bank of Bermuda. We blogged his research on inequality and poverty in the British Overseas territory of Bermuda here. There are more details on him and his work below. Here he asks some searching … [Read more...]
The damage of International Monetary Fund ‘conditionality’: call for urgent rethink
Countries often take loans from the International Monetary Fund (IMF) when they have little or no alternative sources of funding, as is the case for many countries in the Global South who are on the sharp end of capitalism and its unquenchable thirst. After decades of the plundering of resources and … [Read more...]
Links Jul 5
Time to ‘definitively address’ Ireland’s tax haven reputation The Irish Times See also: Ireland’s playing games in the last chance saloon of tax justice Tax Research UK Malaysia 1MDB scandal: Ex-PM Najib Razak arrested Al Jazeera See also: 1MDB: nest egg for poor turns into good way to blow … [Read more...]
Could the World Trade Organisation see a challenge to tax havenry?
The Open Society Justice Initiative, part of the Open Society Foundations, focuses on strategic litigation possibilities that can have catalytic impact on achieving human rights around the world. Recently, they've been looking at the idea of a World Trade Organisation challenge, in the name of tax … [Read more...]
Edition 6 of the Tax Justice Network Arabic monthly podcast/radio show الجباية ببساطة
Here’s the sixth edition of our new monthly Arabic podcast/radio show Taxes Simply الجباية ببساطة contributing to tax justice public debate around the world. (In Arabic below) Taxes Simply الجباية ببساطة is produced and presented by Walid Ben Rhouma and Osama Diab of the Egyptian Initiative for … [Read more...]
Links Jun 29
Panama Papers investigations bring more than $700 million back onshore ICIJ Passports, Arms Dealers And Frozen Accounts: What Our Partners Found In The New Panama Papers Data ICIJ 'ICIJ partners from Latin America to Eastern Europe (and in between) have exposed a plethora of new … [Read more...]
How accountants broke capitalism: the Tax Justice Network’s June 2018 podcast
We’ve had leak after leak, whistleblower after whistleblower. But no matter what the scandal is, when it comes to financial secrecy and tax dodging, the so-called big four accountancy firms are key players. We interview investigative journalist and former tax inspector Richard Brooks of the Private … [Read more...]
Ending secret ownership: we assess the progress and challenges
The richness of the Tax Justice Network’s Financial Secrecy Index is such, (conveying so much more information than just a ranking of the largest contributors to global financial secrecy), we’re now publishing a visual report describing the current state of play with legal and beneficial ownership … [Read more...]
Links Jun 27
Taiwan's secret offshore billions lure wealth managers Euromoney Cites TJN's Financial Secrecy Index. Panama Papers: Ukrainian President Poroshenko’s Lawyers Go on the Defensive OCCRP Steppe to Soho: How Millions Linked to Kazakhstan Mega-Fraud Case Ended up in Trump Property OCCRP New … [Read more...]
