About Nick Shaxson
New TJN briefing: OECD’s BEPS project for developing countries
TJN is pleased to publish a new briefing paper looking at the implications for developing countries of the OECD’s widely referenced Base Erosion and Profit Shifting (BEPS) project, which is designed to find ways to tackle the deficiencies in the international tax system. It is available in English and Spanish. TweetShare
Should donors boost aid to Pakistan if it won’t tax its élites?
The U.S.-based Tax Analysts has just published a fascinating article with the bland title Should Donor Countries Push Tax Reform? The answer, we think, is generally ‘yes’ – though it depends, of course, what we mean by ‘reform.’ The article notes: TweetShare
France’s CAC 40: over 1500 tax haven affiliates
From Le Monde: “The corporations in the CAC 40 [France’s benchmark stock exchange index of the 40 biggest French stocks] have over 1,500 affiliates in tax havens, according to a study published on Thursday by the journal Project . . . cross-checked with authoritative studies data (the work of the Tax Justice Network Association in particular) and the most recent
Read the full article…BVI tax haven floats 20 years in prison for whistleblowers
From the ICIJ: “The British Virgin Islands have never been accused of taking financial secrecy lightly. But last week, members of the BVI legislature took a step toward raising the territory’s noted secrecy protections to new heights. TweetShare
TJN responds to new OECD report on automatic information exchange
PRESS RELEASE New OECD report on automatic information exchange: will developing countries be left out? TweetShare
Number Renouncing US Citizenship rose 221% in 2013, in tax panic
That headline is at least what this contributor would have you take away from his latest column in Forbes. And of course the article speculates that it’s all about tax, tax, and tax TweetShare
The Offshore Wrapper: the week in tax justice, Olympic edition
Welcome to the Olympic Edition of the Tax Justice Network’s Offshore Wrapper. TweetShare
London, the Great Sucking Sound, and the Finance Curse
From Aditya Chakrabortty in the UK’s Guardian newspaper: some statistics that are classics of the “Finance Curse” analysis – where an oversized financial centre begins to weigh on the rest of an economy, rather than to support it. TweetShare
Why should tax havens insist on ‘reciprocity’ from poor countries?
One of the many devious ploys used by the Swiss financial centre to protect its often illicit gains is to insist on ‘reciprocity’ in the exchange of information. Along the lines of: “If we’re going to share information with Nigeria, then they should share the same kind of information with us!” TweetShare
How Inequality Became THE Issue – Five Years of The Spirit Level
From the Equality Trust: How Inequality Became THE Issue – Five Years of The Spirit Level TweetShare
Three fifths of multinational CEOs want country by country reporting
From Christian Aid: “Two-thirds (66 per cent) of the CEOs of large UK firms surveyed agreed that ‘multinationals should be required to publish the revenues, profits and taxes paid for each territory where they operate’. PwC’s research, which involved 1,344 interviews with CEOs in 68 countries, also found that across all the CEOs surveyed, 59 per cent supported the requirement.”
Read the full article…Fiat moves tax domicile to tax haven UK – but will it create jobs?
Reuters reports: “Fiat said on Wednesday it would register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in Britain TweetShare
Swiss subterfuges continuing to fool Italian politicians?
This zombie just won’t die. From BusinessWeek: “Solving the dispute over undeclared Italian funds with Swiss banks will be on the agenda today TweetShare
Goldman tax dodge fury shakes Denmark government
We received this email yesterday about opposition in Denmark to a deal to sell a big stake in the state energy company Dong to Goldman Sachs, raising large civil society pushback, TweetShare
Open letter to UK Prime Minister
Dear Prime Minister The Huffington Post reports you saying: “Frankly I don’t like any taxes.” TweetShare
