About Nick Shaxson
Ernst & Young: why Dubai’s first conflict gold audit was silenced
We have remarked before on Dubai’s role as a particularly egregious and recalcitrant secrecy jurisdiction, harbouring some of the world’s worst scoundrels and their money: the likes of Indian master criminal Dawood Ibrahim, the arms dealer Viktor Bout, and many others. Dubai ranks 16th in our Financial Secrecy Index overall, and a pretty mucky 19th place (out of 82) when measured
Read the full article…Local innovators lament the City of London’s failure
Cross-posted from the Treasure Islands blog: From the Financial Times, a short video entitled Bright Future for British Engineering? It looks at some promising stuff going on in the Advanced Manufacturing Research Park, a collaboration between the University of Sheffield and Boeing Corp. The video is notable not just for the fact that the t-word is absent. TweetShare
The Trans Pacific Partnership, economists, bozos and bamboozlement
We’ve been sent a nice cartoon about the Trans-Pacific Partnership trade agreement – which, while not an issue we’re working on directly, is interesting. TweetShare
New report: Growth in Africa fails to curb soaring inequality
From TJN-Africa and Christian Aid: February 24 2014 GROWTH IN AFRICA FAILS TO CURB SOARING INEQUALITY, SAYS NEW REPORT Unprecedented economic growth in a number of African countries is going hand in hand with soaring inequality, which national tax systems are failing to address, according to a new report. TweetShare
The Fair Tax Mark – coming to the UK
Richard Murphy and Ethical Consumer today launch the Fair Tax Mark: “The world’s first independent accreditation scheme to address the issue of responsible tax.” TweetShare
European Parliament votes to end anonymous shell companies
From Global Witness, via email: European Parliament votes to end anonymous shell companies TweetShare
The February Taxcast: Bahamas and more
In the February 2014 Taxcast: Are European tax havens getting ‘illegal state subsidies’? The European Union’s Competition Commissioner thinks they may be. Are the world’s tax havens really going to become more transparent? We analyse the OECD’s automatic information exchange proposal, warts and all. And the tax haven of the Bahamas is broke – the government’s solution? Tax the poor!
Read the full article…Foreign investment – smaller than you might believe
From Jesse Griffiths, Eurodad, with permission. Foreign investment – much smaller than you might believe You may have seen that foreign direct investment (FDI) was judged last month to have finally regained pre-crisis levels, and that a record percentage of all FDI – 52% – went to developing countries in 2013. The UN’s figures say $759 billion of new investment
Read the full article…Australian tax office forced to pay Murdoch $880m over offshore scheme
From the Brisbane Times: “An $880 million payout to Rupert Murdoch’s News Corporation has reignited the debate over whether global companies pay their fair share of tax in Australia. TweetShare
Swiss “Rubik” secrecy deal – let’s make sure those nails stay in that coffin
A nice article from the UK’s Independent newspaper: “On Tuesday I had breakfast with a top team from the Swiss Bankers Association, who talked about what had happened since the signing of an agreement with Britain TweetShare
The offshore wrapper: a week in tax justice
Welcome to this week’s Offshore Wrapper, by George Turner: a look back over the last week in tax justice. TweetShare
The UK Gold film: now available online
From Brass Moustache productions: “Where is the gold buried when crisis is looming and society begins to demand its share? With eloquence and polite mutual support, the British business establishment elegantly winds its way out of society’s demands of accountability and community, and vast amounts of money are diverted away from the state coffers through a net of confusing transactions,
Read the full article…Swiss reject OECD’s new transparency project
Switzerland, it seems, has rejected the OECD’s new project on automatic information exchange, out of hand. TweetShare
Tax Justice Focus – now fully available
We have finally completed the full upload to our website of all our past editions of Tax Justice Focus, our inaugural newsletter. Please take a look. TweetShare
