Written for TJN by someone with long experience of the Bahamas. The Bahamas is a stunningly beautiful archipelago of more than 700 islands, cays and islets, a proud nation populated with vibrant, passionate, good-hearted people. The economy of this small island state, ranked at 35th position on … [Read more...]
Blog
A week in Tax Justice: Jan 20
Our new website will bring you a weekly round-up of tax justice news: our personal selection from a wide array of stories about tax justice, A Week in Tax Justice will be sent out to all TJN subscribers and will soon also be available on our App, which we'll be bringing out in the next month or … [Read more...]
Welcome to the new Tax Justice Network website and blog
Welcome to the new Tax Justice Network website, with integrated blog. … [Read more...]
Big Newsweek exposé on human rights abuses in tax haven Jersey
From the Treasure Islands blog: I've just had an email from Stuart Syvret, a dissident former health minister in the British tax haven of Jersey, who has just got out of prison after challenging the island's financially-dominated oligarchy. The email was in his characteristically forthright … [Read more...]
Public Eye Awards: Help put FIFA in the Hall of Shame
A while ago we wrote about this reprehensible item from world football's governing body FIFA. This Tax Bubble that FIFA created around the South African world cup - despite FIFA's being a gargantuan, unaccountable billionaire monopolist based in Switzerland - was a particularly shameful example of … [Read more...]
Links Jan 16
The time is now: European Parliament to vote on the Anti-Money Laundering Directive Eurodad See also: Member states split on proposed transparency for trusts legislation IFC Review / European Voice … [Read more...]
Quote of the day – Boeing
From Citizens for Tax Justice: "How worried should we be that Boeing argues it should get a tax break for performing safety tests on its new planes? … [Read more...]
Release of offshore records draws worldwide response
The International Consortium of Investigative journalists last year began a rolling series of stories in partnership with media organisations around around the world, based on leaks of 2.5 million secret offshore records. Finding and releasing so much hard evidence on the subject that we have been … [Read more...]
Links Jan 14
"BEPS Action Plan: Update on 2014 Deliverables"- Live Webcast Thursday 23 January OECD Hellenic EU Presidency Outlines Priorities Tax-News "Greece will press for the extension of automatic information exchange procedures as part of its six month European Union (EU) Presidency." … [Read more...]
Jersey: A Case Study in Path Dependence
This blog is part of a series highlighting the narrative reports from a number of secrecy jurisdictions around the world, explaining how they became offshore financial centres. Jersey ranked ninth on the 2013 Financial Secrecy Index. … [Read more...]
Offshore Corporate Profits: The Only Thing ‘Trapped’ Is Tax Revenue
From the Center for American Progress (hat tip: AABA), in the context of news reports of trillions of dollars in U.S. overseas profits "trapped" overseas, just waiting to be invested in the struggling U.S. economy - if only it could somehow be "unlocked" (such as through a corporate tax amnesty.) … [Read more...]
Just Money: how society can break the power of finance
From Commonwealth publishing: An e-book by the acclaimed economist Ann Pettifor, Just Money: How We Can Break the Despotic Power of Finance. In it she explores the role of credit in the economy and its relationship with the money supply. She goes on to set out a set of policies to bring the … [Read more...]
Quote of the day: fracking tax positions
From David Quentin's Tax and Law blog, just mentioned in our Links: Vodafone’s 2013 “Tax Risk Management Strategy” paper, for example, concedes in its small print that Vodafone happily adopts filing positions which “will not meet the more-likely-than-not standard but would still be tenable”. If … [Read more...]
Architect behind Eurozone’s biggest tax haven wants to be EC president
This is a very dangerous development. From Euractiv: "Former Luxembourg Prime Minister Jean-Claude Juncker, the EU's longest-serving elder statesman, threw his hat into the ring yesterday (9 January) for the presidency of the European Commission to succeed José Manuel Barroso. … [Read more...]
Links Jan 10
How the tax profession and business reacted to the wider tax avoidance debate in 2013 David Quentin's tax & law blog … [Read more...]