Updated with new data. Over the years we've heard a lot of people saying that over half of world trade across borders takes place inside multinational corporations. The OECD in 2002 said: more than 60% of world trade takes place within multinational enterprises How reliable are these data? There … [Read more...]
Archives for 2019
India and the renegotiation of its double tax agreement with Mauritius: an update
A few years ago we featured a guest blog by award winning essay writer and legislative aide to a Member of Parliament in India Abdul Muheet Chowdhary. He wrote here about the Double Taxation Avoidance Agreement with Mauritius, a favourite tax haven for Indians, which we're sharing in full below, … [Read more...]
Edition #2 of the Tax Justice Network’s Francophone podcast/radio show: #2 édition de radio/podcast Francophone par Tax Justice Network
We’re proud to share the second edition of the Tax Justice Network’s new 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.' It’s available for anyone who wants to listen to it, … [Read more...]
Edition 15 of the Tax Justice Network Arabic monthly podcast/radio show, 15# الجباية ببساطة
Welcome to the fifteenth 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 Initiative for … [Read more...]
Call for papers: the Global Asset Registry workshop – Paris, 1-2 July
Wealth inequality poses serious risks to economies, to societies more broadly, and to the functioning of democracies. And yet the actual magnitude of wealth inequality is unknown because of the deep financial secrecy that surrounds it. Thomas Piketty’s 2014 book, Capital in the Twenty-First … [Read more...]
Social protection rights for women vs fear of alienating private interests at the UN
Last week marked the end of the 63rd Meeting of the United Nations Commission on the Status of Women (UNCSW 63, March 11th-22nd 2019). More information and analysis is available here from the Global Alliance for Tax Justice, well worth a read. This series of events, meetings and deliberations is … [Read more...]
Joint statement of trans solidarity in feminist tax justice advocacy
We are pleased to support and co-host this joint statement on trans-solidarity on behalf of feminists for fiscal justice, tax and economic policies. Joint statement of trans solidarity in feminist tax justice advocacy We are feminists working for fiscal justice for all women and for women’s … [Read more...]
Mainstream Media Misrepresentations of the Financial Crash in the Tax Justice Network March 2019 podcast
In Edition 87 of the March 2019 Tax Justice Network monthly podcast/radio show, the Taxcast (available on iTunes, Stitcher, Spotify and other podcast platforms): we discuss misleading reporting from the mainstream media on the financial crisis: it was overloaded with finance 'experts', fed us … [Read more...]
Does transparency REALLY put the rich and famous at risk?
Are the rich and famous at risk of blackmail, extortion or kidnapping if their names are disclosed in public beneficial ownership registries, as they like to argue in tax havens like Jersey? This was a question put to me last week at a conference tackling tax injustice in Nairobi, Kenya, organised … [Read more...]
Ten reasons why the Destination Based Cash Flow Tax is a terrible idea
This long blog will be periodically updated, in response to comments. Latest update: March 28, 2019. The international tax system for taxing multinational corporations is coming apart at the seams. We are now entering one of the most significant turning points in world tax history. As the IMF's … [Read more...]
The Tax Justice Network’s March 2019 Spanish language podcast: Justicia ImPositiva, nuestro podcast, marzo 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! (abajo en Castellano). In this month’s … [Read more...]
Addressing the tax challenges of the digitalisation of the economy: our submission to OECD consultation
Joy Ndubai, Global Tax Advisor at ActionAid Denmark today presented at the OECD in Paris on behalf of Tax Justice Network (among others) - you can watch her contribution (starting from 32:22 to 38:02) and the full discussion here or we have a clip of her speaking just below. Her full slides are … [Read more...]
European Commission to Investigate Secret #LuxLeaks Tax Deal
The European Competition Commissioner Margrethe Vestager has announced she is now going to investigate what we hope is the first of many secret tax deals arranged between accountancy firm PwC and the Luxembourg tax authorities. We asked recently along with Simon Bowers of the International … [Read more...]
FT letter: tax reform is needed, but not the destination-based cash flow tax
The Financial Times has published a letter from a wide range of tax justice specialists (including this blogger) commenting on a proposal from Martin Wolf that the corporate income tax (CIT) be replaced by an entirely different tax called the destination-based cash flow tax. In response we argue … [Read more...]
IMF support for radical overhaul of international tax rules welcomed by Tax Justice Network
The OECD has opened up a comprehensive review of international tax rules, and the International Monetary Fund paper, signed off by their board and published today, represents an important intervention. Tax Justice Network chief executive Alex Cobham said: “The arm’s length approach has let … [Read more...]