Vulnerability and Exposure to Illicit Financial Flows risk in Africa
It is well established that illicit financial flows affect the economies, societies, public finances and governance of African countries – as they do all other countries. A key challenge to addressing illicit financial flows has been the difficulty of identifying the relative importance, in a given country context, of the many channels within which illicit financial flows may occur, and
Read the full article…Hey EU Council! think again on whistleblower protection
The Tax Justice Network is a signatory to the following letter, sent this morning to the EU Council. We argue that the proposed EU Directive on the protection of whistleblowers does not adequately protect public interest, and will inhibit whistleblowers from revealing information about employers who are knowingly breaking laws. For example, the current proposals would not have protected the
Read the full article…The German proposal for an effective minimum tax on multinational’s profits
Guest blog The following guest is published in line with the Tax Justice Network’s aim to encourage and stir insightful international debate on tax. The views expressed in this blog, as with all guest blogs published by the Tax Justice Network, are the authors’ and do not necessarily reflect the views of the Tax Justice Network. Johannes Becker is Professor
Read the full article…Links January 10
Tenders in EU: how much goes to tax havens? Datlablog Turkish President’s Allies In Press Freedom Attack Over Paradise Papers Reporting ICIJ Malta: Court throws out order for Panama Papers investigation The Malta Independent Improving Tax and Development Outcomes: What Next for Civil Society Engagement? Transparency and Accountability Initiative Transnational expertise and the expansion of the international tax regime Martin Hearson
Read the full article…Links January 7
How Zambia Loses Billions of Dollars in illicit Outflows, Fueling Excessive Debt and Low Foreign Reserves Lusaka Times Equality and redistribution: necessary reforms in tax systems Latindadd (In Spanish) The Danske Bank Money Laundering Trail The American Interest Denmark shakes up watchdog after Danske Bank scandal The Financial Times Google shifted 19.9 billion euros to tax haven Bermuda in 2017
Read the full article…Gibraltar and the battle against the European Commission for their tax ruling practice
Guest Blog Prof. Dr. Patricia Lampreave, EU tax and state aid expert On 19 December 2018, the European Commission issued a final decision on the Gibraltar tax system. It´s a highly controversial decision and it’s the first time that two different decisions were coupled into one. Following a Spanish complaint in October 2013, the Commission opened an in-depth investigation into
Read the full article…UK next in the UN hot seat over impact of City of London, Crown Dependencies and Overseas Territories tax policies on women’s rights
Guest blog Kathleen A. Lahey Professor of Law, Queen’s University Non-Executive Director, Tax Justice Network Advocates for gender equality in the United Kingdom of Great Britain and Northern Ireland or in any of its three Crown Dependencies and fourteen Overseas Territories have a unique opportunity to address the UN Committee on Discrimination against Women in Geneva by 28 January 2019
Read the full article…Brussels celebrates ‘tax freedom’ for billionaires on 4th January 2019
Our colleagues in Belgium have decided to celebrate the fourth of January as the day when billionaires in Belgium will have earned sufficient to pay their tax bill for the whole of 2019. In an era of preposterous inequality, social fragmentation and political crisis, what’s not to celebrate? TweetShare
The UK must face up to the gender inequality it enables internationally
Co-written by the Tax Justice Network and Oxfam GB The United Kingdom is currently being reviewed by the United Nations (UN) on how well it is meeting its commitments on women’s gender equality rights guaranteed by the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW). This review includes evaluating how the UK has failed to prevent
Read the full article…Unbelievable! The Ethical Failure at the Heart of Corporate Tax Avoidance
In this year-end guest blog, Tristan Shirley explores the belief system that underpins tax avoidance by multinational corporations and reflects on the ethical failures revealed by their unbelievable behaviour. Almost every commuter on the train is reading the free paper. There is a surprised headline exclaiming the negative impacts of austerity and rising inequality, although everyone remains expressionless. Although reading
Read the full article…More transparency rules, less tax avoidance
Guest blog By Leyla Ates Altinbas University in Turkey The European Council has taken important steps to enhance the exchange of information between tax administrations in order to promote tax transparency and fair tax systems in EU countries. This in turn creates a deeper and fairer single market.[i] However, ambiguity in disclosure obligations and a high threshold requirement risks leave
Read the full article…A Climate of Fairness: new study analyses environmental taxes from a tax justice perspective
Guest blog by Martina Neuwirth Vienna Institute for International Dialogue and Cooperation (VIDC) The Global Alliance for Tax Justice’s vision is a world where progressive tax policies support people to share in local and global prosperity, access public services and social protection, and benefit from an economy that acts in the interest of people and the environment. But these tax
Read the full article…Links November 12
The impact of tax treaties on revenue collection: A case study of developing and least developed countries ActionAid EITI week in Dakar: Stepping up commitments at the Africa Beneficial Ownership Conference See also: Twenty-four EITI African countries deepen their commitments to practical steps on beneficial ownership disclosure World’s biggest oil traders paid middlemen accused in Brazil’s ‘Car Wash’ mega-scandal Global
Read the full article…Links November 7
One year since #ParadisePapers: Make Multinationals Pay Their Fair Share Of Tax – Global days of Action November 1-9 2018 Global Alliance for Tax Justice Tax Wars, Follow-Up Investigations And Who Was Actually In The Paradise Papers? ICIJ Answering questions relating to the 2017 investigation. A year on from the Paradise Papers, the lack of progress is worrying ICRICT China’s
Read the full article…Links November 2
Tax and Fiscal Justice Asia’s statement for #ParadisePapers anniversary Global Alliance for Tax Justice Asian activists train on tax justice and women’s rights Global Alliance for Tax Justice Facebook, Google May Face Billions in New Taxes Across Asia, Latin America The Wall Street Journal It’s time tax-dodging multinational corporations paid their dues The Hindu Business Line ‘Tax revenues are crucial
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