This is the first newsletter of the Global Alliance for Tax Justice. For the full version, with images, click here. To sign up for GATJ's newsletter, please click here. Welcome to the first newsletter of the Global Alliance for Tax Justice (versión en español abajo). Happy International … [Read more...]
Blog
Links Mar 11
The Levin Center is official -- at the Wayne State University School of Law Detroit Free Press Levin himself will teach classes, beginning this fall with a course on tax policy, its effects on society and, as Levin put it, "how tax avoidance activities have punched a hole in our income tax … [Read more...]
New Expert Global Commission Responds to One-Sided Tax Debate
This press release was put together by a group of organisations including TJN. Expert Global Commission Responds to One-Sided Tax Debate; Inaugural Meeting to drive changes ahead of Post-2015 Ambition Responding to widespread anger about corporate tax avoidance, the impacts of such avoidance … [Read more...]
Fools’ Gold: new project on ‘competitiveness’
TJN has been incubating a new project to look at the issue of the 'competitiveness' of nations, a subject that has been dear to our heart for a long time. With help from the University of Warwick in the UK, the idea is to create new communities and discussions over this subject. While tax … [Read more...]
City of London Corporation in ‘failure to support transparency’ shocker
Father William Taylor, an elected member of the City of London Corporation, has blogged an interesting exchange he had last week with Mark Boleat, who chairs the Corporation's Policy Committee. The crux of the exchange is that the Corporation will not be supporting the proposal before the UK … [Read more...]
The Next Rising Tax Haven
TJN's Andres Knobel has just had his article, The Next Rising Tax Haven, published in the Spring edition of the World Policy Journal. As the following extract suggests, the rise and rise of a tiny wealthy elite, who will go to great lengths to avoid paying taxes, means that tax havens are adapting … [Read more...]
Links Mar 10
Tax secrets of little Luxembourg CNBC U.K. Lawmakers Call Former HSBC Private Bank CEO 'Incompetent' Bloomberg European Parliament's inquiry committee on #LuxLeaks is taking shape European Voice Tipping the balance: new global corporate law Lawyers for Better Business (L4BB) Blog A call … [Read more...]
The Offshore Wrapper: a week in tax justice #54
By the rivers of BabyLon-don The London property market is awash with offshore cash. Studies from estate agents show that 90% of newly built luxury property is bought by overseas buyers, often acting though an offshore vehicle. … [Read more...]
Links Mar 9
View from abroad: New development paradigm DAWN.com "Yes, finally after years of beating around the bush, global attention is turning to tackling tax evasion, by companies and individuals. The question will be high up on the agenda of the third International Conference on Financing for Development … [Read more...]
Event: can low income countries ever tax transnational corporations?
From the Institute of Development Studies: Wednesday 11 March 2015 13:00 to 14:30 IDS, Convening Space Mick Moore will talk as a political realist and Alex Cobham, Research Director of the Tax Justice Network, as a magical realist. About the series Inequalities in various forms have been … [Read more...]
Bankers have a moral compass, it just may not look like yours
Guest blog by Jörg Wiegratz, lecturer in political economy of global development, University of Leeds We’re getting rather used to revelations about sharp practice in the banking sector. The row about HSBC’s tax services to rich clients has raised, yet again, crucial questions about the business … [Read more...]
Links Mar 5
U.S. Companies Are Stashing .1 Trillion Overseas to Avoid Taxes Bloomberg See also: Despite FATCA, U.S. Companies Stash $2.1 Trillion Abroad---Untaxed Forbes Foreign Tax Surprises Like Disney’s Have SEC Seeking Sunlight Bloomberg Imagination at Work? GE Once Again Pays Less Than 1% in … [Read more...]
New report: how corrupt capital is used to buy property in the UK
From Transparency International, a landmark study looking at the role the UK's real estate sector has played in laundering the world's money. We don't have time to do this justice, but the world's media has done a good job covering it. Unmask the Corrupt: How UK Property Launders the Wealth of … [Read more...]
Links Mar 4
ECLAC Economic Commission for Latin America and the Caribbean : Political Will and Productive and Fiscal Reforms Are Key to Fighting Inequality, Experts Agree at ECLAC 4-Traders Recent posts by The BEPS Monitoring Group (BMG): BMG: Presentation at the Regional Meeting for Latin America and … [Read more...]
Quote of the day – accountants and austerity
Want to know why austerity is so popular among the political classes of so many countries? Well, there are many reasons, but here is one you may not have considered. From Prof. Prem Sikka, via email: "Accountants are trained to be class warriors and austerity is written into their psyche as they … [Read more...]