"ChinaLeaks" Stories Censored In Mainland China ICIJ See also: China mobilizes cyber-cops after leak on elite overseas wealth globalpost, Chinese media speaks no evil over Offshore Leaks Deutsche Welle, Latest update: Release Of Offshore Records Draws Worldwide Response and searchable Offshore … [Read more...]
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U.S. Republicans to adopt pro tax evasion platform?
From Citizens for Tax Justice: "At its yearly winter meeting, the Republican National Committee is expected to approve a resolution calling for the repeal of the Foreign Account Tax Compliance Act (FATCA), a major law enacted in 2010 (as part of the HIRE Act) to clamp down on offshore tax evasion. … [Read more...]
Guinea: A slow death facilitated by lawyers, accountants and financial advisers
The Guardian has posted a comment from Guinean President, Alpha Condé, currently in Davos at the 2014 World Economic Forum. He gets straight to business in his first paragraph: "As president of Guinea I know we can't tackle this problem alone – corruption is embedded in the western institutions … [Read more...]
Occupy London: February 2014 tour programme
February 2014 programme Forget Jack the Ripper and the London Dungeons, we show you the murky side of the capital’s more recent past. Occupy London Tours is a free alternative tour company, run by volunteers, who want to throw open the secretive world of finance and politics for all to see. … [Read more...]
Links Jan 23
Davos Secrets: Swiss Trade Opacity and Illicit Flows from Developing Countries Center for Global Development See also comment by the president of Guinea At Davos, the west must help us root out corruption in Africa The Guardian, and our blog Why is Davos held in the world’s top illicit money … [Read more...]
Big Oil, Big Data: Nigerian corporate networks
From OpenOil.net: "Last month in Lagos, we brought together activists from the tech and oil worlds for a hackathon on the extractive industries of Nigeria. … [Read more...]
Norway moves on Country by Country reporting
From Sigrid Klæboe Jacobsen, Director of TJN - Norge In December, the Norwegian Parliament voted in favour of implementing country-by-country reporting. The Ministry of Finance has now announced the new regulations which tells us exactly what we’ve got, and what we haven’t got. … [Read more...]
Links Jan 22
Swiss banks devise new 'cash' strategies for clients Zee News Swiss Bankers Welcome Formation Of Tax Expert Group Tax-News … [Read more...]
China Leaks: how the BVI became China’s foreign tax haven of choice
The International Consortium of Investigative Journalists has pulled another humdinger of an investigation, publishing a Who's Who in China's offshore circles. We could highlight any number of things from this excellent report, but we'll choose just two: … [Read more...]
Why is Davos held in the world’s top illicit money centre?
From the Davos OpenForum 2014: "Switzerland is known for its chocolate, watches and banking sector. But today, with traditional banking secrecy gone, the country has to reinvent itself to retain its competitive advantage." Our emphasis added. That's news to us. … [Read more...]
Swiss double tax agreements disadvantage poorer countries
Our attention has been drawn to a fascinating new report (sadly, in German only, an English language summary is here) on Switzerland’s double tax agreements (DTAs) with developing countries. Interestingly, although the report was produced by researchers from the renowned World Trade Institute at … [Read more...]
Links Jan 21
HIghlights of Offshore Leaks So Far ICIJ See also: ICIJ To Reveal China's Offshore Secrets … [Read more...]
The Taxcast: January 2014 – Edition 25
In the January 2014 Taxcast: Tax justice goes to the Cayman Islands; the latest fall-out from #OffshoreLeaks, the expose on tax havens from the International Consortium of Investigative Journalists; and HOW much is Africa spending on corporate tax breaks??? The Taxcast looks at tax incentives, … [Read more...]
Outrage at Bermuda and Jersey removal from French blacklist
According to Mediapart the French government is under fire, again, this time over its decision to remove both Bermuda and Jersey from its blacklist of uncooperative tax havens. Senior members of the government, including foreign affairs minister Laurent Fabius, are reported to be opposed to their … [Read more...]
OECD: special tax rules for internet cos ‘unviable’
Internet companies are running rings around our governments, free-riding on the backs of ordinary taxpayers and reaping large fortunes for relatively small numbers of well-connected insiders, some of them rich enough to buy entire global newspapers with their pocket change, and thus potentially … [Read more...]
