That one big idea isn't corporate tax avoidance - though one might be forgiven for thinking so. It's Foreign Direct Investment, or FDI. As we've shown, FDI into Ireland, and the so-called "Celtic Tiger, was primarily not driven by tax and corporate tax avoidance. Really, it wasn't. Now Fintan … [Read more...]
Corporate Tax
Luxleaks whistleblowers on trial in a week, face 10 years in jail
This is one of the clearest cases of tax justice versus tax haven 'justice.' From Change.org via the Support Antoine Deltour campaign: a call to get involved in support of the main #Luxleaks whistleblower, Antoine Deltour, and two others accused with him. Please share this: the case has seen … [Read more...]
Links Apr 18
Press release: The world needs a United Nations Global Tax Body now Global Alliance for Tax Justice "The most equitable way to create a fairer global tax system." Oxfam report: The IFC and tax havens Global Alliance forTax Justice "51 of the 68 companies that were lent money by the World … [Read more...]
Graph of the day: the broken U.S. tax system
From Oxfam America's new report Broken at the Top: How America’s dysfunctional tax system costs billions in corporate tax dodging: Now read on. … [Read more...]
Links Apr 15
LuxLeaks trial: "Deltour regrets nothing" Luxemburger Wort See also our blog: Will Antoine Deltour become a prisoner of conscience? Panama Papers: Is the U.S. giving Mossack Fonseca a Pass? Newsweek "There’s an old rule to conducting criminal raids for authorities who would, frankly, … [Read more...]
Links Apr 14
What the Panama Papers Mean for Global Development Inter Press Service The Panama Papers: Working Towards A Solution Huffington Post Canada Cites @nickshaxson's book Treasure Islands: Tax Havens And The Men Who Stole The World Broken at the top: How America’s dysfunctional tax system costs … [Read more...]
Links Apr 13
'A system of privilege and benefits': is a global tax body needed? The Guardian Panama Papers and the broken global tax system ActionAid UK "It is the world’s poorest people who are paying the price." ActionAid: 2016 Make Tax Fair Everywhere Speaker Tour Activists from Africa & Latin … [Read more...]
Links Apr 12
After ‘Panama Papers’ leak, UN expert calls for end of financial secrecy to halt illicit fund flows UN News Centre Panama Papers Shows Yet Again Why We Need An Intergovernmental Tax Commission In The UN Huffington Post Counting The Cost - Panama Papers: Inside The Shadowy World of Tax Havens … [Read more...]
Press release: Tax Justice Network responds to European Commission proposals for public country-by-country reporting
The European Commission’s proposals mark one more step towards the global adoption of a crucial measure for international tax transparency and accountability – but they are so highly flawed that as things stand they would most likely be bad for European tax revenues, and provide no help at all to … [Read more...]
Links Apr 8
The Panama Papers: Victims of Offshore ICIJ Video animation: "Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry. This is their story." The fallout from Panama Papers revelations so far, country … [Read more...]
Links Apr 7
The Panama Papers’ Sprawling Web of Corruption The New York Times Op Ed: "The papers chronicle a global industry developed to enable an international elite enriched by corrupt or illegal means to conceal its wealth and dealings from taxation, prosecution and public wrath." The Panama Papers … [Read more...]
Links Apr 5
Panama Papers: Hunting the pinstriped octopus hiding in offshore tax havens International Business Times By TJN director John Christensen Panama is only one head of the tax haven Hydra Financial Times (paywall) By TJN's Nicholas Shaxson, author of Treasure Islands #PanamaPapers - stories … [Read more...]
Links Apr 4
The Panama Papers: world reacts to huge offshore tax files leak - live The Guardian Panama Papers: Leaks spur global investigations BBC World figures deny wrongdoing as 'Panama Papers' turn spotlight on tax evasion Reuters The Panama Papers - Secrets of the Super Rich abc Panama Papers: … [Read more...]
Guest blog: how the European Trade secrets Directive will silence tax whistleblowers
From Corporate Observatory Europe, the basic background for our guest blog: "The proposed EU legislation on “Trade Secrets Protection”, which the European Parliament will vote next April 14, creates excessive rights to secrecy for businesses: it is a direct threat to the work of journalists and … [Read more...]
Links Mar 31
Unfamiliar with irony, Swiss bankers are complaining of a “lack of transparency” Quartz New Zealand Foreign Trusts and the Unaoil Scandal: More Chickens Coming Home to Roost, and They’re Big naked capitalism See also: Mainstream Media Ignores Blockbuster Expose of Massive Bribery in Iraq by … [Read more...]
