Links Aug 17
Shining a light in dark places – Senate Committee recommendations to address corporate tax avoidance welcomed TJN-Australia media release See also: Multinational crackdown as firms avoid AU$31b in Australian tax ZDNet, Joe Hockey targets 30 companies for tax avoidance Business Insider, Labor’s senate inquiry wants a ‘name and shame’ register for tax dodgers Business Insider, and video report Exclusive: Corporate Tax
Read the full article…Quote of the day – Mariana Mazzucato
Here’s our quote of the day, from Mariana Mazzucato, via the Financial Times: “Businesses invest only where they really see future technological and market opportunities. If you bring their tax to zero, you’ve just made them richer, they will golf more. They will not invest.” Read more here. TweetShare
Links Aug 13
Cayman Auditor General Alastair Swarbrick resigns – to join the OECD as a Senior Policy Adviser Cayman 27 Tax authorities urged to be more vigilant over the super-rich Financial Times (paywall) India: How the rich are building a defence against the black money law Business Standard “Multi-level trust structures, change of residency among measures planned” Experts: Tax evasion by multinationals
Read the full article…Links Aug 12
Africa loses over billion annually in tax evasion, says Tax Justice Network-Africa Afrika Reporter Africa urged to tighten loopholes for effective revenue collection Coastweek Civil society groups in Kenya push for laws to criminalise tax evasion Standard Digital Canada: Organize a vote for Tax Fairness Global Alliance for Tax Justice UK Privy Council allows backwards tracing of bribes paid to
Read the full article…Links Aug 10
Swiss banks step up battle for Asia’s super-rich Reuters See also: Coutts Millionaires to Reverse Loss at UBP Asia Private Bank Bloomberg Brazil tax amnesty plan may struggle to lure back offshore assets Reuters Petrobras Oil Scandal Leaves Brazilians Lamenting a Lost Dream The New York Times Will Ireland’s tax-incentive ‘knowledge development box’ beat the competition? The Irish Times “The
Read the full article…Links Aug 6
Joseph Stiglitz: America is on the wrong side of history The Guardian “The US has become an obstacle to reshaping international laws for tax, debt and finance” Luxembourg’s Euro Note Love Affair Raises Eyebrows Over Taxes Bloomberg Debt-Ridden Puerto Rico Plans to Become Tax Haven to Attract US Wealth Sputnik International See also: Why Puerto Rico attracts billionaires despite economic
Read the full article…Links Aug 5
Women’s Working Group on the FfD3 outcome document CSOs for the 3rd Financing for Development Conference See also recent blog: “Global Tax Body: After 3 days of bullying, developing countries were run over” New report on banks’ tax avoidance: Transparency is key to fight tax dumping Sven Giegold A new report from Tax Research UK commissioned by the Green group in
Read the full article…Links Aug 4
A Defeat for International Tax Cooperation Global Alliance for Tax Justice / Project Syndicate See also: Tax body blow in Addis weakens developing nations Mail & Guardian, and recent blog: Global tax body: “After 3 days of bullying, developing countries were run over” Tax inspection depends on companies’ goodwill The Standard (Zimbabwe) Dear Obama: Corruption Isn’t Just Africa’s Problem Foreign
Read the full article…Links Aug 3
Luxleaks committee demands overhaul of EU tax rules EUObserver LuxLeaks panel banks on voter rage Politico Benefits of ‘double Irish’ replacement tax in doubt Irish Independent Ireland is not paying ample tax — look at Danish model Irish Examiner How the Rich Can Keep Their Homes, Businesses, Artwork, and Wealth Tax-Free—Forever The Nation “Dynasty trusts enable the wealthy to control their
Read the full article…Links Jul 30
International Tax Justice Academy: Financing Africa´s economic development Global Alliance for Tax Justice Rich Nations Reject Global Tax Body allAfrica / The Observer (Kampala) See also earlier blog: Global tax body: “After 3 days of bullying, developing countries were run over” UBS Deal Shows Clinton’s Complicated Ties The Wall Street Journal “Donations to family foundation increased after secretary of state’s
Read the full article…The Amartya Sen Prize Contest for New Work on Tax Justice
Academics Stand Against Poverty, the Yale Global Justice Program, and Global Financial Integrity invite submissions of original essays of ca. 7,000 to 9,000 words on the intelligent use of incentives toward curtailing corporations’ use of tax evasion and avoidance, abusive transfer pricing and all forms of illicit financial flows. All prizes are named in honor of Amartya Sen, whose work
Read the full article…Is it game over for money laundering in London’s property market?
Cross-posted from Finance: Uncovered Today, the Prime Minister of the United Kingdom announced that the UK will publish information on property owned by foreign companies. In a speech in Singapore David Cameron said: “The UK must not become a safe haven for corrupt money from around the world”. He has committed to starting a central register of land owned
Read the full article…Links Jul 28
How tax havens are surviving Economia Cites TJN’s Markus Meinzer How shedding light on company ownership will help beat financial crime The Guardian Moving Toward Exposing Corporate Secrecy in World Bank Contracting Global Witness Puerto Rico debt crisis: austerity for residents, but tax breaks for hedge funds The Guardian Mining in Peru: millions of dollars in tax evasion Global Alliance
Read the full article…The Offshore Wrapper: a week in tax justice #68
Insurance industry runs for cover The global insurance industry is increasingly worried by the G20’s attempt to improve multinationals’ tax compliance. Last week, the colourful International Underwriting Association put out a press release warning members of the problems that will be caused by sweeping reform proposals to the global tax system. The press release references a recent survey of insurance
Read the full article…Finance: Uncovered – financial investigative journalism training course
The Tax Justice Network and the Centre of Investigative Journalism are delighted to put out a call to journalists, campaigners and academics to attend our highly regarded five-day financial investigative journalism training course in London. The dates for our next training will be: 16 November 2015 – 20 November 2015 Finance Uncovered (formerly known as the Illicit Finance Journalism Programme) equips
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