About TJN Admin
Links Jan 25
Google £130m UK back-tax deal lambasted as ‘derisory’ by expert The Guardian Cites TJN Senior Adviser Prem Sikka. See also Prem’s report Some Questions about Google’s UK Tax Settlement of £130 million, also MPs attack deal to let Google to pay ‘relatively trivial’ £130m back taxes The Guardian, and Google in Talks to Settle European Tax Disputes The Wall Street Journal
Read the full article…Links Jan 22
Governments need to get out of their “cosy bed” with business, says Oxfam chief euronews Apple Steps Up Lobbying Efforts Against European Tax Probe Bloomberg Cites TJN’s research director Alex Cobham Ireland: State may not get any Apple tax haul The Irish Examiner Number of Offshore IPOs reaches 5-year high Cayman Reporter TweetShare
Links Jan 21
Revenue foregone through tax treaties in context Martin Hearson’s Blog Read more on Tax Treaties here. MEPs want companies tax dodges repaid into EU budget euobserver See also: MEPs Say State Aid Probe ‘Windfall’ Should Be Divvied Up Tax-News Greater tax transparency: Interview with Margrethe Vestager, EU Commissioner for competition ARD Short video, with statement of support for country-by-country reporting
Read the full article…Links Jan 19
How Shell, Total and Eni benefit from tax breaks in Nigeria’s gas industry Stop Switzerland Selling Secrecy, Christian Aid Urges Davos Delegates The Cayman Islands – home to 100,000 companies and the £8.50 packet of fish fingers The Guardian The ideologists of the Competitiveness Agenda Fools’ Gold – rethinking competition Singapore’s dominance under threat as neighbours roll out enticing tax
Read the full article…Links Jan 18
Tax-dodging by the superrich is driving global inequality, Oxfam says Al Jazeera New report singles out tax havens as main cause of global inequality, urges coordinated response to widespread practice, see also Richest 62 people as wealthy as half of world’s population, says Oxfam The Guardian, and our earlier blog New Oxfam report: An Economy For the 1% – and
Read the full article…Links Jan 15
The Heavens: more accolades Treasure Islands Blog Civil Society in Zambia calls for government to adhere to beneficial ownership transparency in the new EITI principle Publish What You Pay Zambia MEP takes EU to court on tax transparency euobserver Apple May Be on Hook for $8 Billion in Taxes After Europe Probe Bloomberg TweetShare
Links Jan 13
EC tax ruling: Belgian opportunity, big 4 at risk? Uncounted LuxLeaks whistleblowers thanked as tax probes continue ICIJ See also: LuxLeaks” trial to start on April 26th – Petition update on Support Antoine Deltour! U.S. Will Track Secret Buyers of Luxury Real Estate The New York Times Treasury Department initiative will “shine a light on the darkest corner of the
Read the full article…Links Jan 12
Whistleblower – Alone against the System Deutsche Welle Petition: Tax Transparency Now War on Want Why India’s Demand For UN Tax Committee Holds The Key To Funding The Paris Deal Huffington Post Ireland: the Tax Haven that Dare Not Speak Its Name counterpunch “If your top political figures need to constantly state that your country is not a tax haven,
Read the full article…Links Jan 11
Uncounted: Power, inequalities and the post-2015 data revolution Africa: Is Responsible Tax Behaviour the Next Frontier of CSR? allAfrica / Institute of Development Studies Belgium’s $763 Million Tax Loophole Shut in EU Payback Order Bloomberg See also:In wake of Luxleaks – EU says Belgium’s tax breaks for multinationals are illegal Luxemburger Wort EU competition commissioner: We should thank the Luxleaks
Read the full article…Links Jan 7
US Congress opposes World Bank plan to weaken environmental and social protections, seeks transparency about “beneficial owners” of shell companies CIEL Falciani labels the Swiss as financial mercenaries swissinfo Capital flight VII. The effects of globalization and foreign ownership of the major Argentine corporate groups. The cases of Techint, Eurnekian and Fortabat CEFID (In Spanish) Tax evasion and weapon production:
Read the full article…Links Jan 6
The economic crisis impacting Jersey, one of the oldest tax havens in the world BBC Mundo (In Spanish) See also our recent blog Jersey: the fall of a Finance-Cursed tax haven Cayman Financial Services Minister: Tax dodgers beware Cayman Reporter Tax avoidance hits the poorest hardest The Guardian Texas businessman Sam Wyly faces $2 billion tax trial Reuters TweetShare
Links Jan 5
Cook Islands, a Paradise of Untouchable Assets The New York Times. From 2013, but well worth the reminder. HSBC escapes action by City regulator following Swiss tax scandal The Guardian The Swiss Have Sent a Chilling Message to Banking Whistleblowers The Wire See also our recent blog on How Switzerland corrupted its courts to nail Rudolf Elmer Media companies linked
Read the full article…Links Jan 4
When will banks learn that dodgy tax practices actually cost them dear? The Guardian Swiss bank Lombard Odier to pay $100 million to resolve U.S. tax probe Reuters See also: Swiss Bank Admits Cash and Gold Withdrawals Cheated IRS Bloomberg Swiss bank Julius Baer U.S. tax evasion settlement will cost $547 million CNN Money Tax Wars: 3 Lessons about Tax
Read the full article…Links Dec 18
Greenpeace links frackers to tax havens Financial Times (paywall) We reference the original report in links on Dec 16 – Revealed: Cuadrilla and leading fracking firms’ tax haven ownership Energy Desk Cayman: Centralised platform on beneficial ownership coming Cayman Reporter Fifa scandal: Large cash sums frozen by Switzerland BBC TweetShare
Links Dec 16
It’s time for companies to bring tax into their human rights due diligence Business & Human Rights Resource Centre Momentous day for Fair Tax in Europe Fair Tax See also: European Parliament spells out legal steps to fight aggressive corporate tax planning and evasion European Parliament News, and The EU Parliament has just demanded that the Commission get off the
Read the full article…
