Egypt: How every dollar became ,000 in less than a decade for Gamal Mubarak Mada Masr Story produced with the assistance of Finance Uncovered. Economic Commission for Africa and partners commit to IFF fight as workshop ends in Nairobi African Business Africa: Economic Made Simple - Unpacking … [Read more...]
Corporate Tax
Links Nov 25
Cutting Company Taxes is a Race to the Bottom naked capitalism See here for more on the Race to the Bottom and Tax Wars. Virtual Briefing: Country-by-Country Reporting With TJN's Alex Cobham, and hosted by Financial Transparency Coalition, on December 6 Call for papers: Taxation and Sustainable … [Read more...]
Links Nov 23
Tax evasion: MEPs back automatic exchange of bank data to track account owners European Parliament Dutch journalist facing prison term in Panama for criminal libel The Guardian 'This prison sentence sends a signal that critical journalism on fraud and corruption is not possible in … [Read more...]
Links Nov 21
Expert committee urges Panama to reform financial services industry ICIJ EU consultation on disincentives for advisors for potentially aggressive tax planning schemes STEP New Law: Luxembourg to offer easy visa for ultra-rich Luxemburger Wort … [Read more...]
Corporate Tax Wars: May tries to trump Trump in a race to the bottom
The British Prime Minister today hinted that she is considering further corporate tax cuts and increases in corporate welfare after US President elect Donald Trump signaled he would seek to slash the US federal corporation tax rate to 15%. Theresa May's speech signals a renewed commitment by … [Read more...]
Links Nov 17
ICRICT's new report and recommendations on tax competition Global Alliance for Tax Justice ‘There’s an inordinate amount of preference being shown to multinationals and to prices’ The IrishTimes 'The Government’s reaction to the EU Apple tax ruling exposes a disconnect between tax and human … [Read more...]
Links Nov 15
International Tax Justice Academy (ITJA) 2016 - links to presentations Switzerland, Austria To Terminate 'Rubik' Withholding Tax Agreement Tax-News For announcement from Swiss Federal Council, see here. See also our 2014 blog on the Swiss/UK deal: Swiss “Rubik” secrecy deal – let’s make sure those … [Read more...]
Links Nov 11
Gender and Tax in Africa Workshop, Accra, 9-11 November 2016 International Centre for Tax and Development (ICTD) (Includes links to presentations) Trump and Taxes Bloomberg Gadfly 'International cooperation is needed to avoid sparking tax wars'. See TJN comment on tax wars here. Whistleblower … [Read more...]
Links Nov 9
EU Can't Afford to Fudge Tax Haven Blacklist Oxfam International via Common Dreams See also: Eurodad reaction to Council Conclusions on EU tax haven blacklist, and EU agrees screening process for tax havens, critics cry foul Reuters Multinationals still able to use ‘double Irish’ tax arrangement … [Read more...]
Links Nov 7
Pakistan’s Supreme Court hears PM’s Panama Papers reply ICIJ See also: Pakistan: Federal Board of Revenue breakthrough unlikely in Panama leaks probe The Express Tribune New Zealand: Urgent money laundering crackdown post Panama Papers seems to have slowed tvnz Argentina: The government is … [Read more...]
Press release: Campaign to expose big tobacco’s lobby front may save millions of lives in lower-income countries
Below is a press release published today, 6 November 2016, with a wide range of tramadol health and international development organisations. It may mark a turning point in the fight to weaken the influence of Big Tobacco over the tax policies which are critical to save millions of lives in … [Read more...]
Links Nov 3
Domestic Resource Mobilisation and Illicit Financial Flows Global Alliance for Tax Justice Hong Kong money laundering and terrorism financing reports hit record high South China Morning Post Ukrainians shocked as politicians declare vast wealth Reuters In 44 years, India lost at least Rs 17 … [Read more...]
The Netherlands comes out in support of public country-by-country reporting
Here’s some good news. Policy advisor on tax justice and economic inequality at Oxfam Novib, Francis Weyzig writes how the government in the Netherlands has come out in support of public country by country reporting. … [Read more...]
Links Oct 28
Tax Haven Free Zones in Spain Global Alliance for Tax Justice Aggressive tax avoidance raises risks for investors Financial Times (subscription) Is the Kenya Revenue Authority finally finding its feet on fighting tax evasion? Standard Media EY Created Facebook’s Tax Plan. And Lo, It Was Good, … [Read more...]
EU relaunches CCCTB: A step towards unitary taxation
This week saw the re-launch of the European Union's Common Corporate Consolidated Tax Base (CCCTB). The purpose of the CCCTB is to harmonise the rules around how multinational corporations are taxed across the European Union, and to switch from OECD tax rules to a unitary approach with formulary … [Read more...]
