In this month's episode we speak to Gabriel Zucman about his new book with co-author Emmanuel Saez - The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay. Plus, as Extinction Rebellion holds protests around the world over the climate emergency, we point the finger at the … [Read more...]
Archives for 2019
Historic US vote to tackle shell company secrecy
From the FACT coalition in the United States: With a bipartisan vote of 249 to 173, the U.S. House of Representatives passed a bipartisan bill Tuesday night to update federal anti-money laundering laws and end the incorporation of anonymous companies in the U.S. After more than a decade … [Read more...]
“The longer we wait, the greater the loss of life and damage to the world economy”
Title quoted from the IMF's recent blog, "Fiscal Policies to Curb Climate Change" The decision to end fuel subsidies in Ecuador have sparked days of protest and driven the cost of petrol and diesel to suddenly spike with the inevitable effect of driving up the cost of daily essentials – food and … [Read more...]
The Tax Justice Network’s October 2019 Spanish language podcast: Justicia ImPositiva, nuestro podcast, octubre 2019
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! En este programa: El callejón sin … [Read more...]
New website: massive rise in tax injustice in the US
Gabriel Zucman has developed a high profile creating new data on tax systems, tax havens and inequality. To coincide with the release of his new book The Triumph of Injustice: How the rich dodge taxes and how to make them pay, he has launched a new, user-friendly website, Tax Justice Now. It's … [Read more...]
The quadrillion-dollar elephant in the room: beneficial ownership in the investment industry
Read and share your comments on the Tax Justice Network’s new working paper on beneficial ownership and investment funds, available to download here. The paper proposes new transparency measures since neither beneficial ownership registries or the OECD’s Common Reporting Standard (CRS) for automatic … [Read more...]
OECD reform weak on corporate tax havens, harsh on poorer countries
Hopes dashed as OECD’s reform plans expected to reduce profits booked in corporate tax havens by only 5 per cent Additional tax recovered from corporate tax havens will mainly benefit richest countries, while lower-middle income countries’ tax base is expected to shrink, analysis revealsCampaigners … [Read more...]
How to supercharge overseas aid
Overseas aid is a "curate's egg" - good, in parts. It can be a sticking plaster that merely patches over a global economic system that is structured to benefit richer countries and groups at the expense of the poor. It can be worse: last year, a group of concerned academics wrote an open letter to … [Read more...]
The dangers of the residual profit split
With the OECD tax reforms apparently converging towards a version of the residual profit split approach, new Tax Justice Network researcher and former advisor on transfer pricing for multinational companies Verónica Grondona explains the origins and risks of the approach. The OECD and G20 … [Read more...]
Not just about control: one share in a company should be enough to be a beneficial owner
We have written a lot about beneficial ownership registration, definitions, thresholds, complex structures, verification and so on. However, there seems to be a philosophical confusion about who should be considered to be (and registered as) a beneficial owner for a company, and what the … [Read more...]
Edition 8 of the Tax Justice Network’s Francophone podcast/radio show: édition #8 de radio/podcast Francophone par Tax Justice Network
We’re pleased to share the eighth edition of the Tax Justice Network’s monthly podcast/radio show for francophone Africa by finance journalist Idriss Linge in Cameroon. The podcast is called Impôts et Justice Sociale, ‘tax and social justice.’ Nous sommes heureux de partager avec vous cette … [Read more...]
Job vacancy: Researcher, Francophone Africa
The Tax Justice Network is recruiting a Francophone Africa researcher, who will form part of our core research team for the Financial Secrecy Index and the Corporate Tax Haven Index, and will work on our Financial Secrecy and Tax Advocacy in Africa (FASTA) project, funded by Norad. Read more here. … [Read more...]
Edition 21 of the Tax Justice Network Arabic monthly podcast 21# الجباية ببساطة
Welcome to the twenty-first edition of our 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 … [Read more...]
Tax Havens: Britain’s Second Empire
In August 2012, the UK-based New Left Project published an article entitled "Britain's Second Empire," which involved an interview with the London-based academic Ronen Palan (pictured). The idea is that after the collapse of its formal Empire, Britain created a new, more hidden financial "empire" of … [Read more...]
A new vision for Europe amid the Brexit vortex: Tax Justice Network September 2019 podcast
In this month's episode we discuss a new vision for Europe amid, or in spite of the Brexit vortex. Plus: Britain's about to become the neighbour from hell, post-Brexit: how can the EU defend citizens from the race to the bottom between nations on tax and regulations precipitated by Britain's … [Read more...]