About Nick Shaxson
Quote of the day – Boeing
From Citizens for Tax Justice: “How worried should we be that Boeing argues it should get a tax break for performing safety tests on its new planes? TweetShare
Release of offshore records draws worldwide response
The International Consortium of Investigative journalists last year began a rolling series of stories in partnership with media organisations around around the world, based on leaks of 2.5 million secret offshore records. Finding and releasing so much hard evidence on the subject that we have been so closely involved in for so many years has been tremendously influential in focusing
Read the full article…Towards Unitary Taxation of Transnational Corporations, by Sol Picciotto
Towards Unitary Taxation of transnational corporations, Prof. Sol Picciotto, Dec 2012. Original link here. TweetShare
A week in tax justice: Jan 13
Tax Justice: the week that was. Are we finally making progress on tax havens? Last week saw a number of stories and reports looking at how governments dealt with tax avoidance in 2013. The results are a mixed bag. The EU Observer reports that the offshore data leaks story from the International Consortium of Investigative Journalists gave a boost to
Read the full article…Tax justice: a human rights issue
Tax justice: a human rights issue Adrienne Margolis November 2013 If you ask the question “Is tax justice a human rights issue?” you tend to get one of two responses. Some people say of course it is; others can’t see the link at all. But if you say there is a relationship between tax and poverty, people often see it
Read the full article…Infographic: a short history of tax havens
Click twice to enlarge. Or see the infographic here. TweetShare
Links – Jan 9
Tell Barclays To Clean Up its Act ActionAid The G20 and the taxing issue of making big business pay The Conversation Dirty Money, Rich Smell The Economist In U.S., efforts to fight offshore secrecy hit snags ICIJ Court ruling outlines US case against Julius Baer swissinfo See also: Ex-UBS banker pleads not guilty in US tax case swissinfo Switzerland news:
Read the full article…Links – Jan 3
The BEPS Monitoring Group – Submission to OECD on The Digital Economy It’s Official: From Today, Panama is no longer a Tax Haven Wealth Report They all claim not to be tax havens, of course. Fascinating report, though: worth a full read, revealing some important elements of how the world of shell companies and secrecy jurisdictions operates. See also: New
Read the full article…Links – Jan 2
Philippines Finance Secretary Purisima pushes global TIN system The Philippine Star Ukraine To Pinpoint Low Tax Countries Tax-News Zambia: Taxing NGOs leaving out multinational firms is ludicrous-Action Aid Lusaka Times Argentina Extends Foreign Currency Amnesty The Wall Street Journal Netherlands: Credit Suisse ordered to pay 300m EUR to tax authorities for creating “imaginary world” Financial Secrecy Media Monito Vietnam: 2013
Read the full article…Links – Dec 31
How Luxembourg has become a black hole of global finance Mediapart (In French) Shows the Captured State in action, as described in our Finance Curse document. Luxembourg is ranked in second position on the 2013 Financial Secrecy Index. Swiss banks sign up for US tax programme swissinfo Why does Italy’s Google Tax matter? Tax Research UK Ireland: Firms ‘use offshore
Read the full article…Links – Dec 30
EU leaders postpone action on tax and transparency Eurodad Singapore Fights Image As Swiss Banker of Asia Menafn Cites TJN director John Christensen. Singapore is ranked at fifth position on the 2013 Financial Secrecy Index. Swiss banks Lombard Odier and VP Bank sign up to U.S. tax deal Reuters See also: Swiss Banks Pressure U.S. Clients The Wall Street Journal
Read the full article…links – Dec 20
Corrupt money hides in Dubai, officials turn blind eye – Eva Joly Thomson Reuters UAE (Dubai) is ranked at 16th position on the 2013 Financial Secrecy Index. Austria’s outspoken finance minister replaced Financial Times (paywall) The Austrian Ostritch has been ostracised. See also: Austria’s Coalition Accord Sets Out AEI Tax Stance Tax-News, and recent blog Austria, Luxembourg continue to defend
Read the full article…Finance Curse
The Finance Curse: how oversized financial centres attack democracy and corrupt economies: Click here TweetShare
Links – Jan 3
The BEPS Monitoring Group – Submission to OECD on The Digital Economy It’s Official: From Today, Panama is no longer a Tax Haven Wealth Report They all claim not to be tax havens, of course. Fascinating report, though: worth a full read, revealing some important elements of how the world of shell companies and secrecy jurisdictions operates. See also: New
Read the full article…Time to abolish the corporate tax? Part 2: Only fools or shills would agree
Yesterday we posted a blog looking at a New York Times editorial entitled Abolish the Corporate Income Tax, exposing many of the numerous fallacies and misunderstandings at the base of it. Forgive us for going on about this, but it is important. Now Citizens for Tax Justice in the U.S. has produced an article of their own, which complements ours
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