Tax secrets of little Luxembourg CNBC U.K. Lawmakers Call Former HSBC Private Bank CEO 'Incompetent' Bloomberg European Parliament's inquiry committee on #LuxLeaks is taking shape European Voice Tipping the balance: new global corporate law Lawyers for Better Business (L4BB) Blog A call … [Read more...]
Corporate Tax
Links Mar 9
View from abroad: New development paradigm DAWN.com "Yes, finally after years of beating around the bush, global attention is turning to tackling tax evasion, by companies and individuals. The question will be high up on the agenda of the third International Conference on Financing for Development … [Read more...]
Event: can low income countries ever tax transnational corporations?
From the Institute of Development Studies: Wednesday 11 March 2015 13:00 to 14:30 IDS, Convening Space Mick Moore will talk as a political realist and Alex Cobham, Research Director of the Tax Justice Network, as a magical realist. About the series Inequalities in various forms have been … [Read more...]
Bankers have a moral compass, it just may not look like yours
Guest blog by Jörg Wiegratz, lecturer in political economy of global development, University of Leeds We’re getting rather used to revelations about sharp practice in the banking sector. The row about HSBC’s tax services to rich clients has raised, yet again, crucial questions about the business … [Read more...]
Links Mar 5
U.S. Companies Are Stashing .1 Trillion Overseas to Avoid Taxes Bloomberg See also: Despite FATCA, U.S. Companies Stash $2.1 Trillion Abroad---Untaxed Forbes Foreign Tax Surprises Like Disney’s Have SEC Seeking Sunlight Bloomberg Imagination at Work? GE Once Again Pays Less Than 1% in … [Read more...]
Links Mar 4
ECLAC Economic Commission for Latin America and the Caribbean : Political Will and Productive and Fiscal Reforms Are Key to Fighting Inequality, Experts Agree at ECLAC 4-Traders Recent posts by The BEPS Monitoring Group (BMG): BMG: Presentation at the Regional Meeting for Latin America and … [Read more...]
Quote of the day – accountants and austerity
Want to know why austerity is so popular among the political classes of so many countries? Well, there are many reasons, but here is one you may not have considered. From Prof. Prem Sikka, via email: "Accountants are trained to be class warriors and austerity is written into their psyche as they … [Read more...]
Links Mar 3
India doubles coal tax to promote renewables businessGreen Black money: Luxembourg offers to send financial experts team to India IBNLive Tax-dodgers are 'not acceptable': Luxembourg Finance Minister CNBC Barclays in Luxembourg: £593m profits, £4m tax, report reveals The … [Read more...]
How to kickstart sluggish growth: tax corporations more
The Financial Times columnist John Plender he has written an exellent article that contains a number of points - every single one of which, bar one, has previously been argued by TJN. We won't summarise them all - please read the full article, if you have a subscription, but it's almost uncanny how … [Read more...]
Links Mar 2
Tax evasion: Leaks on tap The Economist Cites TJN and our report identifying more than 30 loopholes and exemptions in the OECD's Common Reporting Standard (CRS). Tax Power Campaign Africa Coordinator - Job Opportunity with ActionAid The Looting Machine: Warlords, tycoons, smugglers and the … [Read more...]
On using tax holidays to ‘pay for’ stuff
From Jaimie Woo in the Huffington Post: "A strangely popular proposal would give companies a temporary tax holiday, letting corporations bring back their money on paper, or "repatriate" it at an extremely low tax rate, thereby encouraging more corporate tax dodging in the future. The most … [Read more...]
Links Feb 26
European Parliament tax evasion investigation kicks off; proper inquiry must be swiftly ramped-up Sven Giegold Indonesia to crack down on corporate tax avoidance via transfer pricing Reuters Zambia: Why discrepancies in our copper trade records? Zambia Daily Mail "... we cannot easily … [Read more...]
Links Feb 25
Unhappy Meal: €1 Billion in Tax Avoidance on the Menu at McDonald's War on Want HSBC bosses grilled over Swiss tax scandal - live updates The Guardian Abusive Tax Avoidance and Institutional Corruption: The Responsibilities of Tax Professionals Social Science Research Network Hat tip: … [Read more...]
Links Feb 24
Economic Campaigner of the Year Tax Research UK HSBC Scandal: why tax havens are fuelling global poverty and how you can help stop it ONE Sign the petition: ask BIS to release secret information about tax havens and expose corruption. Should the HSBC Scandal Spell the End For Trickle Down … [Read more...]
Links Feb 23
Cayman Islands Financial Services: Publication of Beneficial Ownership Consultation Submissions The Quiet Man Who Made Big Trouble for Little Luxembourg Bloomberg See also: ‘I am not a martyr’, says LuxLeaks whistleblower facing jail Financial Times (paywall), and recent blog Will Antoine … [Read more...]
