The Transnational Institute has just published a report setting out ten proposals to mobilise resources to cover the cost of the global COVID-19 pandemic and to pay for the transition away from the fossil fuel economy. As the report points out in its conclusion, the multiple crises facing both the … [Read more...]
Corporate Tax
VIDEO: Winning the Fight for Tax Justice – how do we make multinationals pay?
Yes, we can build an open and transparent tax system that works fairly for everyone. Do you know how multinationals shift their profits to dodge their taxes and how we can stop them? Our beautifully illustrated new videos tell you how, narrated in five different languages by our tax justice podcast … [Read more...]
Take action to stop corporate tax cheating in Europe
* SIGN THE PETITION ON CORPORATE TAX TRANSPARENCY NOW * Every year, corporate tax avoidance costs countries around the world an estimated US$ 500 billion or more. One reason for these losses is that companies are able to hide their financial affairs: from tax authorities, and from the public. … [Read more...]
Tax justice at UN75
The UN75 Global Governance Forum brought together "thousands of leaders worldwide from governments, global civil society, and the technology, business, and philanthropic communities to foster new kinds of innovative partnerships with the United Nations system to better address global peace and … [Read more...]
How ‘Digital Trade’ rules would make it harder for lower-income countries to tax or regulate the digital economy
International tax rules and international trade rules are unfair to lower-income countries: that is not only well known, but unsurprising. Rules are generally set by the most powerful parties at the table. What is more, the tax rules and the trade rules interact, with trade rules frequently … [Read more...]
Developing countries, take note: how much money do your residents hold in Australia, the most transparent country on bank account information
Australia has become the first country to publish statistics on automatic exchange of information for all jurisdictions, especially those that cannot join the automatic exchange system. Here’s what they reveal and why it has more potential than statistics published by the Bank for International … [Read more...]
India: an economy under siege from IFFs?
Blog by Neeti Biyani, Centre for Budget and Governance Accountability, New Delhi Geopolitically, India is one of the most significant countries on the planet, with a GDP of almost $3 trillion and the fifth largest economy in the world. It is surprising, then, that the tiny island nation of … [Read more...]
Taking Panama to task: Women’s rights trampled by financial secrecy
Just over four years have passed since a huge archive of secret documents from the Panamanian law firm Mossack Fonseca, containing wide-ranging details of fraud, tax evasion and other illegal financial schemes, were leaked to a German newspaper provoking a global scandal. The public outcry that … [Read more...]
A response to the European court’s bad Apple ruling
Today’s Apple decision confirms that the European Union’s rules against state aid are not up to the job of preventing EU member states operating as tax havens. Powerful tax justice reforms are needed, rather than broader application of state aid rules. Neither the EU nor any other countries will be … [Read more...]
Pandemic of tax injustice in Ukraine
The Ukrainian government took the pandemic as an opportunity to further shift the tax burden from the rich to the poor, while Tax Justice Network's new illicit financial flows tool confirms the country is vulnerable to profits shifting to tax havens and bank deposits outflows. Guest blog from … [Read more...]
Moving beyond poverty begins with tax justice
The former United Nations Special Rapporteur on Extreme Poverty and Human Rights Professor Philip Alston has concluded his missions to observe the state of human rights in various countries, with strong condemnation of the failures to eradicate poverty. And he begins and concludes his final … [Read more...]
US blows up global project to tax multinational corporations. What now?
"(Other nations) had all come together" via the OECD to "screw America and that’s just not something we’re ever going to be a part of".~ US Trade Representative Robert Lighthizer addressing Congress, 17 June 2020, per Sydney Morning Herald. Boom. The US has blown up 'BEPS 2.0', the OECD's tax … [Read more...]
Tax, reparations and ‘Plan B’ for the UK’s tax haven web
The killing of George Floyd by US police in Minnesota, on 25 May 2020, has sparked a public response both more powerful and more international than almost any of the previous cases in a very long line - including Breonna Taylor in Kentucky, 13 March 2020. The demands for justice extend far beyond … [Read more...]
Tax Justice Network Portuguese podcast #13: Pandemia: como acertar no socorro às empresas?
Em meio à crise econômica e sanitária, o governo brasileiro anunciou uma injeção de mais de US$ 185 bilhões para ajudar o setor financeiro — cerca de dez vezes o orçamento do Ministério da Saúde. Enquanto isso, 87% das micro e pequenas indústrias do Estado de São Paulo, por exemplo, não conseguem … [Read more...]
When the factory gates are bolted shut, women need country by country reporting
In recent days a number of sudden and dramatic changes have happened in the labour market in already fragile economies, as the Business and Human Rights Resource Centre has shown. Many workers who are poorly paid and in precarious relationships [read zero or no contracts] with ‘absent’ … [Read more...]
