Tax haven economic diversification watch: Luxembourg edition Financial Secrecy Media Monitor How Libya Blew Billions and Its Best Chance at Democracy Bloomberg Businessweek Africans call on rich nations to crack down on money laundering in new drive against illicit flows Thomson Reuters … [Read more...]
Blog
Links Aug 7
OECD Releases New Peer Review Reports Tax-News Part 1 of a Report to G20 Development Working Group on the Impact of BEPS in Low Income Countries OECD See also: OECD releases public request for input on BEPS Action 11. For TJN's briefing on BEPS, see here. Follow the money to root out threat … [Read more...]
On the City of London’s love-fest with Moscow
From TheCityUK, a powerful lobbying body that supports the City of London and generally supports financial deregulation (see here for more on that): "We are working with the Russian Government on a major project to help Moscow develop as an international financial centre, creating new business … [Read more...]
Tax Inspectors Without Borders – an update
Tax Inspectors Without Borders, an idea that originated out of the Tax Justice Network, is coming closer to reality. The OECD website has a section, which we think is fairly new, saying: "The Tax Inspectors Without Borders (TIWB) objective is to enable the transfer of tax audit knowledge and … [Read more...]
Links Aug 5
Tax Administration Review: Inter-American Center of Tax Administrations - July 2014 edition Tax benefits and tax evasion. Items for discussion in Colombia LatinDADD (In Spanish) What does $13m lobbying in US buy for African nations? ICIJ … [Read more...]
Secret tax report on Glencore withheld by EIB – why?
From Christian Aid, a press release aimed concerning possible tax evasion in Zambia, and aimed at UK Chancellor George Osborne: Christian Aid urges George Osborne to intervene on secret bank tax report Christian Aid is appealing to George Osborne to help secure the release of a report by the … [Read more...]
Links Aug 4
Sanctions on Russia: The Unintended Consequence The Banker's Umbrella A private banker's view. "Make no mistake, this is what private banks crave like vampires crave blood." See also Russia Considers Going Progressive... When It Comes To Tax Forbes, and Russian FM Provides Anti-Offshore Law Update … [Read more...]
The Offshore Wrapper: a week in tax justice #27
A Messi affair The ongoing tax affair with the world’s top footballer Lionel Messi rolls on. Two weeks ago the Tax Justice Network Germany reported that a Barcelona court had confirmed proceedings against Lionel Messi for tax evasion. He is accused of using a series of shell companies based in … [Read more...]
UK-Swiss tax deal: TJN letter to UK Chief Treasury secretary
In a 'we-told-you-so' blog a few days ago we recently noted media reports about the failed UK-Swiss tax deal, which revealed that the UK has sent a team to Switzerland to re-open the useless deal. We warned at the time that it wasn't going to reap anything like the sums that had been promised. And … [Read more...]
Guest blog from Isle of Man: To be, or not to be, a tax haven?
A guest blog by Cat Turner, author and campaigner based in the Isle of Man. "To be, or not to be, a tax haven" As a campaigner for social and environmental justice, I've been following with interest the recent debates on whether we on the Isle of Man are - in fact - a 'tax haven'. The … [Read more...]
TJN’s 2013 accounts
We have just published our 2013 accounts. The front page notes: … [Read more...]
The John Oliver show: why it works
We're not going out on a limb to write a blog about the world-famous U.S./British satirist John Oliver, former sidekick of the Daily Show's Jon Stewart. There's a good tax justice angle, as you will see. An article in Radio Times begins: "Fifty-two million. That’s the current figure for the total … [Read more...]
Tax haven buyers set off property alarm in London
Update: see Tax Research article entitled Tax haven ownership of UK property might cost £2 billion year in tax avoidance - using some of the FT data. The current top story on the Financial Times website (at least at 8am UK time) is entitled Tax haven buyers set off property alarm in England and … [Read more...]
Did Messi hide behind offshore structures in UK, Switzerland, Uruguay and Belize?
Last week our German colleagues reported on the investigations into Lionel Messi's complex offshore web (German version here, English here). Now Global Witness has issued the following: According to a Spanish prosecutor’s document, Lionel Messi’s alleged multi-million euro tax evasion scheme … [Read more...]
Links Jul 31
Vulture Funds: The Lawsuit Against Argentina And The Challenge They Pose To The World Economy CEFID-AR A view from Argentina. See the original version in Spanish here. Luxembourg tax regime: Under siege Financial Times (paywall) "The low-tax system that has brought great prosperity to the … [Read more...]
