How have former colonial powers maintained their stranglehold on African economies? The UK with its spider’s web of satellite jurisdictions and France are complicit in undermining the ability of African governments to tax multinational companies. Other corporate tax havens also put African countries … [Read more...]
Corporate Tax
The Tax Justice Network’s June 2019 Spanish language podcast: Justicia ImPositiva, nuestro podcast, junio 2019
Welcome to this month’s latest podcast and radio programme in Spanish with Marcelo Justo and Marta Nuñez, free to download and broadcast on radio networks across Latin America and Spain. ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofónica! (abajo en Castellano. In this month’s … [Read more...]
A boost for the UN Tax Committee
We're sharing here an article from Abdul Muheet Chowdhary, who is a consultant in the Policy Planning and Research Division of the Ministry of External Affairs in India and formerly a consultant with the United Nations. The article originally appeared here on the blog of GLOBTAXGOV – A New Model … [Read more...]
The UAE and Mauritius are the most corrosive corporate tax havens against African countries – Tax Justice Network Africa
Following the Tax Justice Network's publication of the Corporate Tax Haven Index earlier this week, Tax Justice Network Africa released the following statement highlighting the damage wrought by corporate tax havens on African countries. Press Release - UAE and Mauritius are the most corrosive … [Read more...]
India and the renegotiation of its double tax agreement with Mauritius: an update
A few years ago we featured a guest blog by award winning essay writer and legislative aide to a Member of Parliament in India Abdul Muheet Chowdhary. He wrote here about the Double Taxation Avoidance Agreement with Mauritius, a favourite tax haven for Indians, which we're sharing in full below, … [Read more...]
Ten reasons why the Destination Based Cash Flow Tax is a terrible idea
This long blog will be periodically updated, in response to comments. Latest update: March 28, 2019. The international tax system for taxing multinational corporations is coming apart at the seams. We are now entering one of the most significant turning points in world tax history. As the IMF's … [Read more...]
Addressing the tax challenges of the digitalisation of the economy: our submission to OECD consultation
Joy Ndubai, Global Tax Advisor at ActionAid Denmark today presented at the OECD in Paris on behalf of Tax Justice Network (among others) - you can watch her contribution (starting from 32:22 to 38:02) and the full discussion here or we have a clip of her speaking just below. Her full slides are … [Read more...]
FT letter: tax reform is needed, but not the destination-based cash flow tax
The Financial Times has published a letter from a wide range of tax justice specialists (including this blogger) commenting on a proposal from Martin Wolf that the corporate income tax (CIT) be replaced by an entirely different tax called the destination-based cash flow tax. In response we argue … [Read more...]
Tax Inspectors Without Borders – a Tax Justice Network idea bears fruit
The Economist is running an article about a fairly new body called Tax Inspectors Without Borders (TIWB), a programme backed by the OECD and the UN Development Programme (UNDP) to provide tax assistance to hard-pressed revenue authorities in poorer countries, whose underpaid officials struggle to … [Read more...]
World’s biggest monopolist pays negative taxes
Via the Washington Post: According to an analysis by the Institute for Taxation and Economic Policy (ITEP,) a leading US tax justice group, Amazon got a $129 million tax rebate last year, equivalent to a minus one per cent US federal tax rate, its second year running of negative taxes. (Its … [Read more...]
Fair Tax Week in the UK
We're sharing this information below from our friends and colleagues at the Fair Tax Mark, who are doing so much great work to celebrate those many businesses which do pay their fair taxes by awarding them the Fair Tax Mark, moving towards a fairer economy for all. Their Fair Tax Week takes place … [Read more...]
Unbelievable! The Ethical Failure at the Heart of Corporate Tax Avoidance
In this year-end guest blog, Tristan Shirley explores the belief system that underpins tax avoidance by multinational corporations and reflects on the ethical failures revealed by their unbelievable behaviour. Almost every commuter on the train is reading the free paper. There is a surprised … [Read more...]
Country by country reporting for the Sustainable Development Goals
I had the honour this week of addressing ISAR35, the 35th annual session of the UN’s Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (all presentations are available here; my slides are also below). The focus was on developing a framework to carry … [Read more...]
UNCTAD journal highlights tax thought leadership
We're delighted to share a guest blog from Bruno Casella of UNCTAD (the UN Conference on Trade and Development), highlighting the newest edition of their journal Transnational Corporations, which we heartily recommend (and our paper on the history and use of Country-by-Country Reporting will be … [Read more...]
Tax “stability” short-changes Burkina Faso
A couple of years ago we wrote a blog entitled Beware the siren song of “tax certainty, which took apart a widespread consensus that it is important for countries to embrace 'tax certainty' and 'stability.' These motherhood-and-apple-pie terms hide a world of mischief: not least the fact that this … [Read more...]
