Links October 30
How not taxing the rich got Pakistan into another fiscal crisis Al Jazeera ‘The elites don’t want to tax themselves‘ Banker in middle of $1.2 billion Venezuelan money-laundering ring sentenced to 10 years Miami Herald See also: Former Julius Baer Banker Gets 10 Years for Venezuelan Plot Bloomberg Investigation: Scotland’s firms, Argentina’s ‘bribes’ and Uzbekistan’s dirty cotton The Herald Scotland
Read the full article…Links October 25
Transparency International EU: Corporate Tax Tracker. A tool to examine publicly available key financial data of the 20 largest European banks. Better tax collection can help tackle rising debt in Africa and the challenge of development finance Brookings See also: Mobilization of tax revenues in Africa – State of play and policy options Brookings Haiti: Top Officials Fired After Anti-Corruption
Read the full article…Links October 19
Short-Changed: How the IMF’s tax policies are failing women ActionAid African Governments Are Paying for the World Bank’s Mauritius Miracle Foreign Policy ‘Ghost offices on the small island provide legal but questionable means of siphoning tax dollars away from poor countries and into the pockets of the global elite.’ New Guide Simplifies Extractives Company Tax Payment Analysis Natural Resource Governance
Read the full article…Desperate marketing: Jersey Finance trolls The Spider’s Web film
Viewers of Michael Oswald’s seminal film on Britain’s tax haven empire have been bemused in recent days by a pop-up ad put out by Jersey Finance, the finance industry lobby in tax haven Jersey. The ad, running under the title ‘Reality Check – Dispelling the Tax Haven Myth’, plays the usual tax haven trick of claiming that Jersey doesn’t tolerate
Read the full article…Call for papers: Tax Justice Network annual conference #tjn19
CALL FOR PAPERS AND PANELS 2-3 July 2019 City, University of London Download PDF summary | Submit abstract or panel proposal The challenges of tax justice do not exist in a vacuum. It is not an accident that billions of dollars are lost worldwide each year to tax avoidance and tax evasion. Nor is there anything random about the
Read the full article…Links October 10
Swiss top court knocks down bid to extend banking secrecy Reuters This news is huge. See our November 2016 blog: Trial of whistleblower Rudolf Elmer breaks open Swiss banking secrecy at a new level ‘I had a moral duty’: whistleblowers on why they spoke up The Guardian Forbidden Stories – The Daphne Project: One Year After New Stories – the
Read the full article…Links October 2
Banker’s Arrest Puts Boom Years Under Scrutiny at Swiss Bank Bloomberg ‘Julius Baer is clamping down after a series of run-ins involving Venezuelan oil money, FIFA bribes and arms sales to Russia.’ – read about this bank, and the story of whistleblower Rudolf Elmer, here. State aid: Tax loopholes are Happy Meal for McDonald´s Sven Giegold See also: As Commission closes
Read the full article…Lifting the Veil on Capital Flight and Tax Havens in Africa
Cross-posted from Review of the African Political Economy with kind permission from the author, Nataliya Mykhalchenko Odd-Helge Fjeldstad, Sigrid Klæboe Jacobsen, Peter Henriksen Ringstad, Honest Prosper Ngowi Lifting the veil of secrecy: Perspectives on international taxation and capital flight from Africa (Bergen: Chr. Michelsen Institute, 2017). The book is available as open source and can be accessed here. This is
Read the full article…Links September 18
Drug companies cheating countries out of billions in tax revenues Oxfam International The report, ‘Prescription for Poverty,’ analyzes the financial disclosures from Pfizer, Johnson & Johnson, Abbott, and Merck & Co (also known as MSD) between 2013 and 2015 Ireland’s corporate tax rate hurting emerging economies – Oxfam The Irish Times Revealing Big Pharma’s tax dodging: The story behind the numbers Oxfam New Zealand
Read the full article…The Spider’s Web film – now available for free online
Michael Oswald’s seminal documentary film on Britain and its tax haven empire is available now on YouTube. Released in 2017 to considerable critical acclaim, The Spider’s Web has been screened across the world, from USA to New Zealand. It is now available for free download by anyone who wishes to watch in either English, French, Italian or Spanish language versions. TweetShare
Links August 29
Analysis: How rich oil firms are using secretive court to fight capital gains tax in developing world Finance Uncovered Opinion: 3 years since the launch of Addis Tax Initiative, what’s been achieved? Devex A first-timer’s guide to anonymously leaking information via SecureDrop ICIJ Here’s how the U.S. is helping massive theft in Venezuela ThinkProgress ‘Running from Malta to Hong Kong
Read the full article…Guest blog: Long Overdue Arrival of “Tax Justice Aotearoa New Zealand”
We are delighted to bring you this announcement from TJANZ, and to welcome them wholeheartedly to the growing global family of tax justice organisations: Tax Justice Aotearoa New Zealand (TJANZ) has just been launched in Wellington. As a partner of the international Tax Justice Network, we will provide a voice for progressing tax justice in New Zealand. This blog introduces
Read the full article…Webinar on Unequal Exchange – 29 August 2018 at 11:00 UTC – 12:00 UTC
Presentation by: Andres Knobel, Tax Justice Network Developing countries lose billions of dollars every year due to illicit financial flows or IFFs. One of the big obstacles countries face in curbing IFFs is the access to information, especially from developed countries that happen to be tax havens. Automatic exchange of information allows countries to gauge the magnitude of illicit finance
Read the full article…Links August 20
Second Panama Papers Leak: Findings From Around The World ICIJ The Peruvian paradox: surging mineral production, lagging tax revenues Oxfam – The Politics of Poverty United Nations Economic Commission for Africa (ECA) urges Africa to combat money laundering, bribery, tax evasion for increased prosperity Businessamlive Slipping through the net – African governments let too many taxpayers off the hook The
Read the full article…The Curse of Laffer: Trump’s tax cuts see revenues plunge 25 percent
We’ve previously blogged on Donald Trump’s plans for cutting corporate income tax, and now they’ve come to fruition we can see the results as far as the USA is concerned. Tax receipts are plummeting, despite the economic boom stimulated by his predecessor’s QE programme. Commentators have widely predicted that this will inevitably lead to a widening deficit, greater inequality, and
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