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Links August 15
Building Africa’s capacities to tax diamonds with Tax Inspectors Without Borders UNDP Taxing Africa: Coercion, Reform and Development New book, via the International Centre for Tax and Development (ICTD) Oil firms use secretive court hearing in bid to stop Vietnam taxing their profits The Guardian Tax havens shielding companies responsible for deforestation and overfishing The Guardian Growth of Nigeria’s Mining
Read the full article…Links August 13
Kathmandu Declaration on Curbing Illicit Financial Flows: Restoring Justice for Human Rights Financial Transparency Coalition Venezuelan president implicated in US investigation of €160 million laundered through Malta The Malta Independent Daphne Caruana Galizia: family of murdered Maltese journalist demand public inquiry into her death The Independent (UK) Daphne’s murder was ‘a warning to others’ – Dutch MEP Times of Malta Swiss
Read the full article…Links August 9
Global Witness launches Finding The Missing Millions – a new tool for exposing corruption in the extractive industries Goldman Sachs Is Said to Be Under U.S. Scrutiny in Malaysian Inquiry The New York Times ‘The investigation centers on the disappearance of about $4 billion from a giant Malaysian government investment fund … The bank earned about $600 million in fees
Read the full article…Links August 3
The missing profits of nations Vox EU Mauritius offers to return Kenyans’ hidden billions Vikenya UK: Law firm Mishcon de Reya complains about anti-tax evasion measures The Guardian This is the same law firm threatening libel action in the UK against murdered journalist Daphne Caruana Galizia, as reported recently in The Guardian here. Cyprus Records Shed Light on Libya’s Hidden
Read the full article…Links July 13
Tax rulings not legitimate, says justice collective Delano ‘Luxembourg’s contested tax rulings with Fiat and Engie may be legal but their legitimacy has been put in question by the country’s tax justice defenders.’ Nevis: how the world’s most secretive offshore haven refuses to clean up The Guardian Malta accused of failing to enforce EU money-laundering rules Financial Times Moneyval asked
Read the full article…Links Jul 11
Trends in global inequality UNU-WIDER – video ‘The level of inequality in the world is far beyond what any economic argument can justify.’ Rising inequality is a wake-up call for human rights OpenGlobalRights Former Pakistan PM Sharif Sentenced To 10 Years Over Panama Papers ICIJ ‘Big four’ paid millions to advise Brussels on tax policy Financial Times / Australian Financial
Read the full article…Links Jul 5
Time to ‘definitively address’ Ireland’s tax haven reputation The Irish Times See also: Ireland’s playing games in the last chance saloon of tax justice Tax Research UK Malaysia 1MDB scandal: Ex-PM Najib Razak arrested Al Jazeera See also: 1MDB: nest egg for poor turns into good way to blow billions The Australian Alleged Danish Bank Fraud Total More than Doubles
Read the full article…Links Jun 29
Panama Papers investigations bring more than $700 million back onshore ICIJ Passports, Arms Dealers And Frozen Accounts: What Our Partners Found In The New Panama Papers Data ICIJ ‘ICIJ partners from Latin America to Eastern Europe (and in between) have exposed a plethora of new abuses.‘ Francophone Africa: Scaling Up Tax Justice Global Alliance for Tax Justice Bangladesh budget: “cut
Read the full article…Links Jun 27
Taiwan’s secret offshore billions lure wealth managers Euromoney Cites TJN’s Financial Secrecy Index. Panama Papers: Ukrainian President Poroshenko’s Lawyers Go on the Defensive OCCRP Steppe to Soho: How Millions Linked to Kazakhstan Mega-Fraud Case Ended up in Trump Property OCCRP New Panama Papers leak shows U.S. oddly inactive McClatchy DC ‘We Resign’: That’s what Mossack Fonseca told these Indian clients
Read the full article…Links Jun 22
The Fall of Mossack Fonseca: New Panama Papers Leak Reveals Firm’s Chaotic Scramble To Identify Clients, Save Business Amid Global Fallout ICIJ See also: The Panama Papers: The Aftermath OCCRP Success: European Parliament calls for tough legislative changes after money laundering scandals Sven Giegold Tax, Welfare and Inequality International Centre for Tax and Development (ICTD) Africa: “Gender Equality Financing is
Read the full article…Links Jun 15
Establishment of the Network of Tax Organizations – NTO CIAT The NTO is a network of regional and international organizations of revenue administrations created to provide a forum for cooperation and coordination between member organizations to strengthen tax administrations through peer learning and the sharing of experiences as well as through the provision of services, products and information. Dubai Leaks:
Read the full article…Links Jun 11
Corruption Gutted South Africa’s Tax Agency. Now the Nation Is Paying the Price. The New York Times Cites TJN chief executive Alex Cobham How IMF, World Bank can fight Illicit Financial Flows – TJNA NAN U.S. Corporations Push Profits Into Tax Havens as Countries Struggle in Pursuit, Study Says The Wall Street Journal See also: Tax Havens Blunt Impact of
Read the full article…Links Jun 5
Daphne Caruana Galizia: Murder investigation in serious danger Sven Giegold $12 trillion of ‘phantom investment’ disappears into corporate shells The Telegraph A radical proposal to fight poverty in the developing world: tax the rich more than the poor Vox Singapore: not always as clean as it looks Asia Times ‘Singapore ranks at No 5 on the 2018 Financial Secrecy Index
Read the full article…Links May 17
Asia-Pacific: “The urgent need to curb Illicit Financial Flows” Global Alliance for Tax Justice See also: For Asia’s Sustainable Development, Regional Governments Must Take Taxation Seriously The Diplomat Illegal movement of money out of Africa including tax avoidance now amounts to $100b a year Ghana Business News Call to stem illicit money flows from Africa IT-Online Seattle OKs taxing companies
Read the full article…Links May 15
Nigeria: Unprecedented corporate bribery trial kicks off against Shell, Eni, CEO and executives Global Witness 1MDB Talks With Malaysia Should Start Quickly, Swiss Say Bloomberg ‘ … investigating how billions of dollars was allegedly diverted from the Malaysian economic development fund, some of it funneled through Swiss-based banks’ Swiss Banks: Risky Hong Kong Loopholes finews Union report on Aged-Care Corporations
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