The world’s hidden wealth Prospect Magazine By TJN's @alexcobham and @nickshaxson To end corruption, start with the US and UK. They allow it in broad daylight The Guardian See also our earlier blog Anti-corruption summit: UK climbdown, but momentum grows, and Tax Justice Focus – The … [Read more...]
Corporate Tax
Anti-corruption summit: UK climbdown, but momentum grows
The UK government has failed to deliver a decisive blow against financial secrecy at its Anti-Corruption Summit. David Cameron failed to convince or compel leaders of British overseas territories and crown dependencies to end their hidden ownership vehicles, despite having called for such a move … [Read more...]
Links May 11
India to tax Mauritius investments for first time since 1983 Reuters See also: Mauritius investors to be taxed from April 2017 Business Standard LuxLeaks prosecutors seek jail term of 18 months for whistleblowers The Guardian See our recent blog Will Antoine Deltour become a prisoner of … [Read more...]
Links May 10
Corruption can no longer be dismissed as a developing world problem The Guardian See also: Tax Justice Focus – The Corruption Issue UK overseas territories resist calls for concessions to end tax secrecy The Guardian A design flaw in Obama’s new Panama Papers rule could help shell companies … [Read more...]
Links May 9
ICIJ releases database revealing thousands of secret offshore companies Searchable database displays more than 300,000 entities from the Panama Papers and Offshore Leaks investigations Panama Papers source breaks silence over 'scale of injustices' The Guardian "Whistleblower says leak of 11.5m … [Read more...]
Links May 6
Nigeria calls on UK anti-corruption summit to back registers of ownership The Guardian A month after Panama Papers, South Africa commits to end anonymous companies Financial Transparency Coalition, TJN-Africa, & the Economic Justice Network LuxLeaks trial Deltour 'proud' to have advanced … [Read more...]
Links May 5
UN urges countries to stem tide of firms profit-shifting to tax havens The Guardian See also: Companies put $221 billion into low-tax jurisdictions in 2015: U.N. Reuters European Central Bank has not sought access to Panama Papers Reuters France's trust ownership registry to be opened to the … [Read more...]
Links May 3
India's Experience with Exchange of Information Agreements CBGA Missing Tax: Real Consequences - Public Services International May Day Statement Global Alliance for Tax Justice Tax & Human Rights advocacy tool (second in series) Global Alliance for Tax Justice How Nigeria’s lucrative … [Read more...]
Links Apr 28
Panama Papers: ICIJ To Release Searchable Online Database of Data OCCRP Deltour in the dock The Economist See also our earlier blog: In the dock: Antoine Deltour, Edouard Perrin – or Luxembourg? France backs defendant as LuxLeaks trial starts BBC Panama's finance minister faces French … [Read more...]
Links Apr 26
LuxLeaks trial to be whistleblower showcase euobserver See also our earlier blog In the dock: Antoine Deltour, Edouard Perrin – or Luxembourg? Whistleblowing International Network calls on PricewaterhouseCoopers to withdraw its complaint against LuxLeaks whistleblower Public Concern At … [Read more...]
In the dock: Antoine Deltour, Edouard Perrin – or Luxembourg?
Who is in the dock? The whistleblowers? Or the tax haven of Luxembourg and PWC, the multinational that has been behind this trial? … [Read more...]
Links Apr 25
Tell Luxembourg: Don’t jail whistleblower “heroes” Global Alliance for Tax Justice See the article for support websites for whistleblower Antoine Deltour and French journalist Edouard Perrin. In our April 2016 Podcast, we ask why protections for whistleblowers are being eroded and what it says … [Read more...]
BEPS Monitoring Group on curbing tax treaty abuses
From the BEPS Monitoring Group, a TJN-backed civil society organisation tasked with monitoring the OECD's so-called "Base Erosion and Profit Shifting" (BEPS) proposals to crack down on international corporate tax avoidance. The (wonkish but important) submission here concerns so-called "non-CIV" … [Read more...]
Links Apr 21
Event on 26 April: S&D Conference: Together for Tax Justice: Why EU tax policy matters for developing countries Developing countries left out of global tax decisions Eco-Business An obvious solution for offshore: Transparency Economía Crítica (In Spanish) UK’s Chancellor Osborne … [Read more...]
A graphical assault on supply-side tax cuts and tax ‘competitiveness’
From Fools' Gold: Fools' Gold [and TJN] author Nicholas Shaxson has just had a piece in the Washington Post entitled Five Myths about Tax Havens in which Myth 5 goes like this: "5. Cutting corporate taxes helps nations compete with tax havens. Reducing corporate taxes to attract wealth back … [Read more...]
