About Nick Shaxson
2007 – The Islands edition
Tax Justice Focus, Fourth Quarter 2007, Vol. 3, Number 4 – THE ISLANDS EDITION From the Editors January 14th, 2008 The Islands Edition – click here The fourth quarter 2007 edition of Tax Justice Focus (TJF) is a special edition on islands, edited by Nicholas Shaxson and John Christensen. TweetShare
2007 – The French edition
Tax Justice Focus, Third Quarter 2007, Vol. 3, Number 3 – THE FRENCH EDITION From the Editor October 5th, 2007 The French Edition – click here to see it In English and En Français The third quarter 2007 edition of Tax Justice Focus (TJF) is a special edition on accountability, edited by Jean Meckaert, and co-edited by Nicholas Shaxson and John Christensen. TweetShare
2007 – Accountability
Tax Justice Focus, Second Quarter 2007, Vol. 3, Issue 2 – ACCOUNTABILITY From the Editor The Accountability Issue – click here The second quarter 2007 edition of Tax Justice Focus (TJF) is a special edition on accountability, co-edited by Nicholas Shaxson and John Christensen. A central theme of this issue is that taxation helps foster political accountability – and that this
Read the full article…US multinationals’ offshore cash piles grow $206bn
From Bloomberg: “The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. TweetShare
Q1 2007: INEQUALITY
Tax Justice Focus, Volume 3, Number 1: INEQUALITY From the Editor The Inequality Issue (Click here) The first quarter 2007 edition of Tax Justice Focus is a special edition on inequality. In the editorial, “Trickling Down, or Gushing Up?”, we look at economic theories that inequality per se does not matter; boosting the rich will create benefits that trickle down to the poor. TJF points
Read the full article…Letter on derivatives: stop the offshore race to the bottom
Wall Street banks trade perhaps half of their derivatives activities through foreign banks. For them, foreign jurisdictions are an obvious escape route from U.S. financial regulations. Last June, Marcus Stanley of Americans for Financial Reform wrote: TweetShare
Global Witness wins TED prize; Skoll awards
Global Witness, the indefatigable investigators of corruption, tax havens and general monkey business, have been awarded two prestigious awards. They note: TweetShare
Bitcoin scandal: the role of Delaware secrecy
We have for many years been describing Delaware as an offshore secrecy jurisdiction (or tax haven) inside the United States. It is not so much tax, as secrecy and laissez-faire corporate governance (and ugly related matters) that are the tiny state’s core offerings, along with all that judicial experience that comes with being the ask-no-questions incorporation capital of the United
Read the full article…London spin machine tries to rebut NYT “City betrays US” thesis
Following our widely read analysis on Russia, Ukraine, the City of London, and national security – here’s another must-read article in the New York Times from the same author, Ben Judah, who wrote the original one we cited. TweetShare
European Union Savings Tax Directive Amendments – coming very soon?
We have written at length about the European Union Savings Tax Directive (EUSD), a scheme involving 43 European countries and other participating jurisdictions to tackle tax evasion by exchanging appropriate information automatically with each other. TweetShare
Grace’s story: a schoolgirl and a corrupted world
From the Exposed Campaign: a powerful two-minute video, which speaks for itself. TweetShare
Renting Judges for Secret Rulings in Delaware
Back in 1974 William Cary wrote a widely cited article about Delaware in the Yale Law Review, where he stated: “a pygmy among the 50 states prescribes, interprets, and indeed denigrates national corporate policy as an incentive to encourage incorporation within its borders, thereby increasing its revenue.” Today, the problem is larger, as Delaware continues what a more recent observer
Read the full article…Ukraine: how to put pressure on Russia
Following our blog yesterday looking at the national security implications of Europe’s tax haven mentality, we have been drawn to this post from 2008, looking at the West’s options in dealing with Russian aggression in Georgia at the time. It lists several interesting possibilities, but we found this one most interesting: Cry “Havoc” and Let Slip the Dogs of Accounting.
Read the full article…UK healthcare and foreign aid: the links
From the UK-based Centre for Health and the Public Interest: “Those investigating the persistence of poverty in developing countries and those struggling to sustain high quality health care in the UK have more in common than we think.” Why? Well, read on. TweetShare
Tax justice is good for growth: IMF
We recently briefly blogged an IMF report describing how economic inequality leads to slower economic growth. Now, in the Financial Times, a fascinating comment article by the IMF Deputy Research Director Jonathan Ostry, whose subtitle is “A more redistributive tax system appears to lead to higher growth.” It’s a big study, and it has two striking results. TweetShare
