From Fools' Gold: Recently we wrote an article entitled The Ideologists of the Competitiveness Agenda, in which we fingered the Big Four firm of accountants as among the most important vectors for the general idea that countries simply have to 'compete' in certain ways: namely, to shower goodies … [Read more...]
Corporate Tax
Links Feb 10
Breakthrough for LuxLeaks investigation: EU commission releases secret documents Sven Giegold See also: Juncker Commission announces release of previously undisclosed tax documents Fabio de Masi (in German) EU may impose full tax transparency on US firms EU Observer SwissLeaks Scandal one … [Read more...]
Links Feb 8
EU proposals will force multinationals to disclose tax arrangements The Guardian How to cut through the problem of multinationals’ tax dodging The Independent See also our report Ten Reasons to Defend the Corporate Income Tax Indonesian Tycoons Find Tax Haven in Singapore Fair … [Read more...]
Links Feb 5
The North Korean Connection Finance Uncovered Investigation reveals links between a North Korea bank and US Defense industry via an offshore trust, with links through Luxembourg, Cayman, Jersey. Getting to Good - Towards Responsible Corporate Tax Behaviour ActionAid Swiss bank Julius Baer … [Read more...]
Global Alliance for Tax Justice jumps to top 10 of global rankings
Congratulations to our partners at the Global Alliance for Tax Justice who have jumped straight in to number ten position in the International Tax Review's global ranking of who's who in the tax world. … [Read more...]
Links Feb 2
2016: Africa’s Year Of Grave Concern TJN-Africa Blog Slash taxes by half, say North Sea oil companies The Telegraph See recent blog Do not listen to Big Oil’s whining for tax cuts Swiss seek Malaysian help probing $4 billion financial scandal The Telegraph The New Global Tax Shelter Is … [Read more...]
Links Feb 1
Book launch: Inequality, uncounted By TJN's research director Alex Cobham Malawi: ActionAid urges UK to rethink colonial-era tax deal which slashes money for health care and education The Independent Ecuador parliament debates law to prevent tax evasion on gains from bequests STEP "The main … [Read more...]
Nigel Lawson, not the corporate income tax, has had his day
Responding to the UK government's poor handling of tax negotiations with Google, Nigel Lawson, climate change denier and architect of one of the biggest boom-bust recessions of modern history, has told the Daily Telegraph that the corporate income tax has "had its day". Instead he proposes a … [Read more...]
Cartoon of the day – on innovation
Europe’s Anti Tax Avoidance Package: adding fuel to the fire?
The European Commission has announced: "The European Commission has today opened up a new chapter in its campaign for fair, efficient and growth-friendly taxation in the EU with new proposals to tackle corporate tax avoidance. The Anti Tax Avoidance Package calls on Member States to take a … [Read more...]
Links Jan 28
The movement to end tax havens is already 100,000 strong and growing Oxfam Eurodad: European Commission’s Anti Tax Avoidance Package will not stop multinationals dodging taxes See also Eurodad's Briefing: An analysis of the European Commission’s Anti-Tax Avoidance Package, and EU clamps down on … [Read more...]
TJN calls on EC to investigate all of the UK’s secret tax deals
Here is the text of a letter of complaint that TJN will be handing in to the European Commission at its office in London this afternoon. On 23rd January 2016 the UK Chancellor of the Exchequer, George Osborne, tweeted from Davos that the UK Government had struck a deal with Google over its past … [Read more...]
TJN calls for public country by country reporting. A few hours later . . .
This morning Alex Cobham, TJN's Director of Research, called for public country-by-country reporting, in an interview with the BBC's flagship Today programme (19:20ish). "Country-by-country reporting: that was actually a Tax Justice Network proposal, going back to our establishment in 2003; but … [Read more...]
Taxing Google (and Facebook, Twitter, Uber and the rest)
Guest blog from TJN senior adviser Professor Sol Picciotto The announcement of the deal struck by Google with Her Majesty’s Revenue and Customs (HMRC) has aroused much speculation. The term ‘permanent establishment’ has even been mentioned in some august media outlets, such as the Financial … [Read more...]
Links Jan 26
Accounting experts seek independent probe into KPMG’s audit of HBOS Financial Times. Involving a number of TJNers or friends of TJN. Australia: Big business accused of using 'straw man' arguments against tax avoidance crackdown The Guardian Political commentator: 'Tax havens won't last … [Read more...]
