Cross-posted with Fools' Gold: Across the world, corporations are showered with tax breaks and other inducements in the name of 'competitiveness.' In most cases these tax breaks don't affect investment decisions in any way. They are pure giveaways. In many countries it's been hard to track the … [Read more...]
Corporate Tax
UK Prime Minister Cameron told: stop Jersey-registered shell company suing Romania in ‘corporate court’
A letter (see below) to the UK prime minister signed by TJN and other global justice campaign organisations, calls on David Cameron to stop a Canadian mining company using a Jersey ‘subsidiary’ to sue Romania for halting toxic gold mine, and warns that such cases will balloon under the proposed … [Read more...]
Links Aug 13
Cayman Auditor General Alastair Swarbrick resigns - to join the OECD as a Senior Policy Adviser Cayman 27 Tax authorities urged to be more vigilant over the super-rich Financial Times (paywall) India: How the rich are building a defence against the black money law Business … [Read more...]
Links Aug 12
Africa loses over billion annually in tax evasion, says Tax Justice Network-Africa Afrika Reporter Africa urged to tighten loopholes for effective revenue collection Coastweek Civil society groups in Kenya push for laws to criminalise tax evasion Standard Digital Canada: Organize a vote … [Read more...]
Links Aug 10
Swiss banks step up battle for Asia's super-rich Reuters See also: Coutts Millionaires to Reverse Loss at UBP Asia Private Bank Bloomberg Brazil tax amnesty plan may struggle to lure back offshore assets Reuters Petrobras Oil Scandal Leaves Brazilians Lamenting a Lost Dream The New York … [Read more...]
Joseph Stiglitz: Why America (and Britain come to that) are on the wrong side of history
Influential economist Joseph Stiglitz has published an article in the Guardian newspaper in which he argues that the USA (and we would add the UK and other major OECD countries) is systematically blocking attempts by other countries to strengthen global governance. … [Read more...]
Links Aug 6
Joseph Stiglitz: America is on the wrong side of history The Guardian "The US has become an obstacle to reshaping international laws for tax, debt and finance" Luxembourg’s Euro Note Love Affair Raises Eyebrows Over Taxes Bloomberg Debt-Ridden Puerto Rico Plans to Become Tax Haven to Attract … [Read more...]
Links Aug 5
Women’s Working Group on the FfD3 outcome document CSOs for the 3rd Financing for Development Conference See also recent blog: “Global Tax Body: After 3 days of bullying, developing countries were run over” New report on banks’ tax avoidance: Transparency is key to fight tax dumping Sven … [Read more...]
Links Aug 4
A Defeat for International Tax Cooperation Global Alliance for Tax Justice / Project Syndicate See also: Tax body blow in Addis weakens developing nations Mail & Guardian, and recent blog: Global tax body: “After 3 days of bullying, developing countries were run over” Tax inspection depends … [Read more...]
Links Aug 3
Luxleaks committee demands overhaul of EU tax rules EUObserver LuxLeaks panel banks on voter rage Politico Benefits of 'double Irish' replacement tax in doubt Irish Independent Ireland is not paying ample tax — look at Danish model Irish Examiner How the Rich Can Keep Their Homes, … [Read more...]
Links Jul 30
International Tax Justice Academy: Financing Africa´s economic development Global Alliance for Tax Justice Rich Nations Reject Global Tax Body allAfrica / The Observer (Kampala) See also earlier blog: Global tax body: “After 3 days of bullying, developing countries were run over” UBS Deal … [Read more...]
Links Jul 28
How tax havens are surviving Economia Cites TJN's Markus Meinzer How shedding light on company ownership will help beat financial crime The Guardian Moving Toward Exposing Corporate Secrecy in World Bank Contracting Global Witness Puerto Rico debt crisis: austerity for residents, but tax … [Read more...]
Links Jul 23
U.N. hopes 'tax inspectors without borders' will combat tax dodging Reuters UK: Plans for new 'special measures' for tax-avoiding companies STEP See also: Criminal charges loom over facilitating tax evasion Financial Times Mystery on Baker Street: Brutal Kazakh official linked to £147m … [Read more...]
Links Jul 20
Beneficial Ownership and Transparency Panel – The Debriefing Taxlinked.net Panel includes TJN's research director Alex Cobham Reactions to the Addis Ababa Action Agenda Global Alliance for Tax Justice See also our earlier blog: Global tax body: “After 3 days of bullying, developing countries … [Read more...]
Will the patent box break BEPS?
By Alex Cobham, our research director: first posted at Uncounted. The UK has successfully defended the 'patent box' against the charge that it is a major avenue for multinational corporate tax abuse. Now everybody wants one, even though the evidence suggests that only multinationals will … [Read more...]
