Tackling tax across borders Public Finance International Mozambique PM rues Africa tax collection crisis Star Africa India: Are shell companies behind the over-estimation of GDP? LiveMint Bob Jessop: an historical approach to national competitiveness Fools' Gold - rethinking … [Read more...]
Corporate Tax
New report: tax treaties in sub-Saharan Africa
Via Martin Hearson's website, here is a new report he authored for Tax Justice Network-Africa. As Hearson says, it’s based on field research done a year ago and has been a little while getting into print. Here’s a link to read it online at academia.edu Here’s a link to download the PDF Among many … [Read more...]
Links Nov 19
Crackdown on Caribbean tax havens a surprise boon for Hong Kong South China Morning Post Why we need public country by country reporting Global Alliance for Tax Justice UN Principles for Responsible Investment: Engagement guidance on corporate tax responsibility Investor Brief on Tax … [Read more...]
Links Nov 18
”Global citizenship is essentially a branding exercise” and passport shopping is big business Quartz Fascinating piece on citizenship-for-sale, and speaking on the tax issues Getting to Good – towards responsible corporate tax behaviour Discussion paper by Christian Aid, ActionAid and … [Read more...]
Links Nov 17
Tough debate with multinational companies on corporate tax practices European Parliament News Facebook, Google Quizzed by EU Lawmakers on Dutch Sandwich Deals Bloomberg UK sets out beneficial ownership register demands on territories STEP The demands stop short of a public central … [Read more...]
Links Nov 16
World leaders agree to close multinationals' tax loopholes Yahoo News But measures are not yet enough. See: Still Broken: major new report on global corporate tax cheating TJN Africa’s challenge to “loophole-ridden” Kenya-Mauritius tax agreement to be heard in Kenya High Court MNE … [Read more...]
Links Nov 13
ECOSOC published a shocking report indicating that national governments lose billions in uncollected global corporate income tax revenues each year. New Europe Zimbabwe Revenue Authority Opposes Tax Incentives The Herald Two states ordered to recover unpaid corporation tax The Irish … [Read more...]
Who ultimately pays the corporate income tax? (Again.)
We have written many times about the 'incidence' (or, if you like) burden of the corporate income tax. When you tax corporations, who ultimately pays it: the workers, through lower wages? The consumers, through higher prices? Or is it the shareholders and owners of capital? It's a crucial … [Read more...]
Links Nov 12
Bangladeshi rights groups demand Tax Transparency Global Alliance for Tax Justice Brazil lower house passes amnesty for unreported offshore assets Reuters Australia: Senate repeals tax secrecy law after 'astroturf' revelations Cootamundra Herald "It's a great day for democracy when a sneaky … [Read more...]
Crickhowell and the tax rebellion: the mouse that roared?
Update: the Crickhowell activists have set up a new website: Fair Tax Town. We're delighted to see that a forthcoming BBC TV programme will highlight a major tax injustice that we have long drawn attention to: that multinational corporations are killing small businesses partly by being able to … [Read more...]
How Ireland became an offshore financial centre
This month we published our fourth Financial Secrecy Index (FSI), complete with a series of reports about each of the biggest tax havens and secrecy jurisdictions, looking into the political and economic histories of how and why they went offshore, who was involved, and where the bodies are … [Read more...]
Links Nov 10
Who runs our countries: us, or global finance? Fools' Gold - rethinking competition UK’s bank levy reforms will cost £4.2bn in tax over 5 years Fools' Gold - rethinking competition G20 Among Biggest Losers in Large-Scale Tax Abuse but Poor Countries Relatively Hardest Hit Oxfam Great new … [Read more...]
Still Broken: major new report on global corporate tax cheating
Update, Dec 7, 2015: a new paper in the Journal of World Business, which contains this: "Home country statutory corporate tax rates have a small impact on tax haven use. In general, corporate tax rates are an important factor in driving MNEs to set up tax haven subsidiaries. However, … [Read more...]
Guest blog: sun, sea, sand, tourism and fantasy finance
Where are you going on your next holiday? The chances are if you are flying to a Sun&Sea destination, it will be with a tax-dodging company. A guest blog by Linda Ambrosie. Listen to her on the Taxcast here. Do you recognize any of these names: Barceló, TUI or Melía?. In … [Read more...]
Links Nov 9
#Luxleaks protest in support of whistleblowers Video: Tax campaigners protesting outside the European Commission and Council, in support of the whistleblowers who exposed the Luxleaks scandal, and against tax dodging multinational corporations. Internal EU Documents: How the Benelux Blocked … [Read more...]
