Links Nov 18
Why is the largest gold mine in South America incurring losses? BBC Mundo (In Spanish) India: G20 backs Modi’s pitch for repatriation of black money Business Standard India: Black money probe gets trickier as trail goes beyond Switzerland Business Today TweetShare
Links Nov 17
G20 tax avoidance pledge ‘still leaves poor countries vulnerable’ The Guardian G20 tax reform plan should prevent another Lux leaks The Conversation BEPS and the Politics of Tax Power Women for Tax Justice In Finland, Tax Day Is the Best Day Foreign Policy France, a Tax Haven? Yes, for Microsoft to China’s Huawei Bloomberg TweetShare
Links Nov 14
Open letter to the G20: exposing the corporate shell game is good for business – and the world – Mo Ibrahim and colleagues The Guardian Ending corporate secrecy: within our reach but slipping away Eurodad Calling on the G20 to Unmask the Corrupt Transparency International Jersey’s PR campaign continues with report on Jersey’s “Value to Africa” Financial Secrecy Media Monitor
Read the full article…Links Nov 13
Rich have more influence than poor over tax reform Christian Aid Rise of Swiss gold exports to India raises questions swissinfo Madoff Trials in Geneva Loom Six Years After Fraudster Confessed swissinfo “Madoff’s deception was a blow to Geneva’s reputation as a safe place to do business” OECD: Developing Countries and BEPS See recent blogs on BEPS here and here,
Read the full article…Links Nov 12
Hidden Profits: The EU’s role in supporting an unjust global tax system 2014 Eurodad Position Paper: UN FFD: What Outcomes Should be agreed in Addis Ababa in 2015 Eurodad EU’s Juncker takes political responsibility for Luxembourg tax deals Reuters “I am not the architect of what you could call the Luxembourgish problem,” Juncker told reporters. EC president accused of hypocrisy
Read the full article…Links Nov 11
C20 calls on G20 to act on inequality, tax avoidance and climate change ABC News Does Australia have the stomach to go after corporate tax avoidance? Crikey See also: Australian Treasurer Joe Hockey’s constituents not buying the Treasurer’s tough on tax avoidance talk The Sydney Morning Herald Eva Joly: LuxLeaks – Jean-Claude Juncker must either act or leave Vice News
Read the full article…Links Nov 10
Global Tax-Evasion Crackdown Sidestepping Poorest Countries Inter Press Service Australia Says G-20 Committed to Fighting Tax Avoidance The Wall Street Journal (paywall) See also G20 takes aim at anonymous companies FInancial Times (paywall), and earlier blog Open letter to G20 leaders – something must be done at Brisbane about illicit financial flows More justice for some – Aggressive tax planning
Read the full article…Links Nov 7
‘Lux Leaks’ Revelations Bring Swift Response Around World ICIJ Tax: State aid probes set to intensify in wake of leaks swissinfo Ireland Gets Lucky With Luxembourg’s Tax Scandal Bloomberg View Jean-Claude Juncker, Top E.U. Official, Faces Rising Furor Over Luxembourg Tax Revelations The New York Times TweetShare
Links Nov 6
Today’s links focus first on media coverage of the Luxembourg tax leaks (as featured in blog posts earlier today), followed by news on other jurisdictions. Luxembourg tax leaks put pressure on G20 leaders to act on loopholes The Guardian EU to press Luxembourg over tax breaks amid fresh allegations BBC Luxembourg Tax Leak Puts EU’s Juncker Under Further Pressure The
Read the full article…Links Nov 5
TJN-A and EATGN applaud Kenya government on decision to phase out tax incentives TJN-Africa See also our earlier blog Are Kenyan tax holidays over? Indian Government Loses Major Tax Case to Vodafone CorpWatch How black money finds its way out of India, and how it comes back as white The Economic Times TweetShare
Financing for whose development? DFIs and their support for companies that use tax havens
This blog first appeared on From Poverty to Power. By Mathieu Vervynckt, Policy & Research Analyst with the European Network on Debt and Development (Eurodad) The Third UN Conference on Financing for Development (FfD), set to take place in Addis Ababa next year, will be a crucial opportunity to discuss two of the hottest topics in development finance today: the use
Read the full article…Links Oct 31
Capital Flight IV. Argentina, 2014: Manipulation of “Transfer Pricing” CEFID-AR (In Spanish) Transfer pricing: arms length alternatives needed European CEO See our page on Transfer Pricing here. Trial of former UBS executive dredges up Swiss banks’ shady past Reuters TweetShare
Links Oct 30
Cartoon of the day Alex / The Telegraph More Than 50 Countries Sign Tax Deal The Wall Street Journal See also: Automatic Info Exchange Moves A Step Closer Tax-News, Why Taxation Must Go Global Project Syndicate, Fifty-one countries sign OECD pact to tackle tax cheats Reuters, and our blog and briefing in The End of Bank Secrecy? A new TJN
Read the full article…Links Oct 29
IMF calls for Caribbean tax changes Public Finance International IMF says tax competition (or “tax wars“), & tax incentives, are harmful. For the full speech by Min Zhu, Deputy Managing Director, IMF “Unlocking Economic Growth” see report by Eurasia Review here. Africa Must Better Target Tax To Tackle Income Inequality: IMF Tax-News See also: New Revenues Can Offset Africa’s Rising
Read the full article…Links Oct 28
India: List of Black Money holders in Swiss Bank accounts leaked by WikiLeaks? India.com India: Black money disclosures may prove costly for banks Business Standard ‘Differences with India on making public Swiss bank account information’ The Economic Times 73 Of 100 Swiss Banks In Bed With The IRS Are Eyeing The Sofa Forbes TweetShare