A Portuguese translation of this article is available here. A Spanish translation is available here (external website). Following bans from Denmark, Poland and Argentina on companies registered in tax havens from receiving Covid19 bailouts[1], the Tax Justice Network has published a “bail or … [Read more...]
Archives for 2020
Argentina finally has a beneficial ownership register. Now, it should make it public
The Tax Justice Network, together with Fundación SES, the Financial Transparency Coalition and PROCELAC (Argentina’s anti-money laundering prosecutor) have been co-hosting an event in Buenos Aires for the last five years to promote public beneficial ownership registries in Latin America. It looks … [Read more...]
Tax Justice Network Spanish language monthly podcast: La lucha contra el Coronavirus
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 radiofónico! (Ahora también estamos … [Read more...]
Revealed: Netherlands, blocking EU’s Covid19 recovery plan, has cost EU countries $10bn in lost corporate tax a year
Italy, Spain among biggest losers of corporate tax to Netherlands, analysis of billions in tax abuse reveals EU countries locked in negotiations over a recovery plan to help member states hit hardest by the Covid-19 pandemic have been revealed to be losing over $10 billion in corporate tax a year … [Read more...]
My billionaire bosses funnelled money offshore for years. Now they want a bailout
We're sharing this personal story from an anonymous writer who has been made redundant in the past month. The consequences of a world where we tolerated the excesses of so-called 'wealth creators' are becoming starkly clear as their lack of responsibility or loyalty to employees and to the society … [Read more...]
Costa Rica: a bill threatening to render its beneficial ownership register useless
Costa Rica has been at the vanguard of beneficial ownership registration in Latin America and the world. The country approved its beneficial ownership registration law 9416 in December 2016 and continued to strengthen the robustness of its beneficial ownership registration requirements since then, … [Read more...]
HSBC threatens UK amid Coronavirus crisis
The Financial Times reports: The Bank of England’s pressure on HSBC to cancel its dividend for the first time in 74 years has reignited a debate at the top of the bank over whether it should redomicile to Hong Kong. This is shocking, on several levels. First, that's a direct threat by HSBC … [Read more...]
When the factory gates are bolted shut, women need country by country reporting
In recent days a number of sudden and dramatic changes have happened in the labour market in already fragile economies, as the Business and Human Rights Resource Centre has shown. Many workers who are poorly paid and in precarious relationships [read zero or no contracts] with ‘absent’ … [Read more...]
Feedback to EU Commission’s roadmap to tackle tax fraud and evasion
The EU Commission has called for feedback from the public on its new roadmap for tackling tax fraud evasion. Recognising that "every year in the EU, billions of euros are lost to tax evasion", the Commission has outlined an initial action plan, presenting key initiatives to: tackle tax fraudmake … [Read more...]
Edition 27 of the Tax Justice Network Arabic monthly podcast 27# الجباية ببساطة
Welcome to the twenty-seventh edition of our monthly Arabic podcast/radio show Taxes Simply الجباية ببساطة contributing to tax justice public debate around the world. Taxes Simply الجباية ببساطة is produced and presented by Walid Ben Rhouma and Osama Diab of the Egyptian Initiative for Personal … [Read more...]
Edition 14 of the Tax Justice Network’s Francophone podcast: édition 14 de podcast Francophone par Tax Justice Network
Here's the 14th edition of Tax Justice Network’s monthly podcast/radio show for francophone Africa by finance journalist Idriss Linge in Cameroon. Nous sommes fiers de partager avec vous cette nouvelle émission de radio/podcast du Réseau pour la Justice Fiscale, Tax Justice Network produite en … [Read more...]
Corporate financial resilience in times of COVID-19: a perfect storm?
Guest blog by Professor Colin Haslam, Queen Mary University of London In our working paper Safeguarding financial resilience for sustainability’ we argue that large companies listed on the European and the US stock exchanges have become financialised, leaving many with weak, financially exposed … [Read more...]
Could the wealth in tax havens help us pay for the Coronavirus response?
As economies crumble under coronavirus pandemic, powerful interests are hoping to get rich from huge government bailouts. A well-informed Washington D.C. insider described the latest U.S. bailout package, for instance, as a "corporate coup" to reshape the U.S. economy: "it’s really really bad, … [Read more...]
Tax Justice March 2020 Portuguese podcast #11: Luanda Leaks: a cumplicidade dos parasitas do norte global
Nós da Tax Justice Network e do É da sua conta estamos respeitando todas as medidas necessárias para ajudar na contenção do coronavírus. Mas o episódio 11 é sobre um outro tipo de vírus: a corrupção. Mas também vamos falar de um de seus poderosos antídotos: os leaks, vazamentos de informação em … [Read more...]
Tax justice and the coronavirus
Update: the second article in this series is entitled Could the wealth in tax havens help us pay for the Coronavirus response? The Covid-19 Coronavirus pandemic is, at least on available evidence, striking rich western countries the hardest so far. Lower-income countries will be hit hard too, … [Read more...]
