STOP PRESS: The Vancouver Film Critics Circle award winners for 2014: Best Canadian http://healthsavy.com/product/synthroid/ film — Tu Dors Nicole Best actor in a Canadian film — Antoine-Olivier Pilon, Mommy Best actress in a Canadian film — Julianne Côté, Tu Dors Nicole ($500 cash prize … [Read more...]
Corporate Tax
Links Jan 6
World unites to decry prosecution of source behind LuxLeaks tax scandal The Guardian See also the open letter to Luxembourg prosecutors: LuxLeaks tax source should not be charged LuxLeaks: An opportunity? euobserver Poorer Countries Lose More from Corporate Profit-Shifting The Center for … [Read more...]
Dublin event: The Human Rights Impact of Tax and Fiscal Policy
Hurry, while tickets last. One to add to our Events Page, and to our Tax Justice and Human Rights page. From Christian Aid: The Human Rights Impact of Tax and Fiscal Policy … [Read more...]
Developing countries and corporate tax – ten ways forward
Our last main blog before Christmas concerns developing countries. We are proud to publish an article by Krishen Mehta, one of our Senior Advisers, entitled The OECD's BEPS Process and Developing Countries - a way forward. This blog summarises the article, which is about how developing countries … [Read more...]
Links Dec 19
Capital flight: CEFID-AR publishes "The enablers and their ways of working" via Red de Justicia Fiscal de América Latina y el Caribe (In Spanish) Hat tip: Jorge Gaggero Editorial: Stem Capital Flight The Himalayan Times Widening of EU tax probe takes heat off Ireland Irish Examiner … [Read more...]
Links Dec 18
EU cracks down on anonymous company ownership, but falls short of full transparency Global Witness UK: Criminal penalty omitted from tax evasion clampdown Financial Times (paywall) Canada: New anti-corruption measure for oil, gas and mining companies passes into law amidst cautions from civil … [Read more...]
On the Capture of Luxembourg by Big Accountancy Firms
UPDATE: TJN is among a host of signatories to a letter (published here) calling on the Luxembourg authorities to refrain from prosecuting whistleblower Antoine Deltour. In the letter we note that even the Luxembourg government has publicly recognised that the information revealed by M Deltour has … [Read more...]
Links Dec 17
The unlearned lesson of LuxLeaks EU Observer #Luxleaks: The Reality of Tax ‘Competition’ Center for Global Development See also recent blog On so-called “tax competition” States keen to protect identity of Europe's shadow rich EU Observer See also earlier blog EU compromise on shell company … [Read more...]
Links Dec 15
Developing Countries Meet To Discuss BEPS Push Tax-News See also recent blog: On taxing multinationals: latest scorecard for the OECD BEPS project Some of the Rich Collect Art. Others Collect Passports. The New York Times More on economic residency... "Experts estimate that these “economic … [Read more...]
Quote of the day – on tax and technological innovation
From Prof. William Lazonick, a widely renowned U.S. analyst of what makes successful companies: "All of the technologies in the iPhone – things like touch-screen technology, GPS, and so on — originated with government spending, funded by taxpayer money. That’s why a company like Apple should be … [Read more...]
Links Dec 12
Corporate transparency: The openness revolution The Economist Kenya: Media, Civil Society Urged to Fight Unfair Tax allAfrica / The Sta Can Africa move away from aid to trade? Zambia Daily Mail Finance: Out of Control? Juncker fails to endorse public registers across EU revealing firms … [Read more...]
Country by country reporting: are the knives already out?
TJN has been pushing for country by country since our launch in 2003, via the concept's designer Richard Murphy. We have made astonishing progress since then: the concept has overcome pretty much all objections and seems on track to be rolled out worldwide. But Joe Stead of Christian Aid has … [Read more...]
Links Dec 11
Trial Delayed as Ex-Banker Charged in Swiss Secrecy Case Collapses The Wall Street Journal Moneybeat See also Ex-HSBC Employee Falciani Said Indicted on Data Theft Bloomberg, and earlier blog Tax haven whistleblowers: where are the human rights organisations? UK territories unite against public … [Read more...]
On so-called “tax competition”
Someone has just posted an article about the need for multinational companies to protect their reputations from investigation of their tax affairs. The gist of the article is that MNCs need to step up their public relations effort to communicate their tax affairs more effectively. So we can all … [Read more...]
Tim Worstall: UK will never introduce a “Google Tax”
We're a few days late with this, but it's still fun. There's a commentator out there, a former press officer for the racially challenged and anti-European UK Independence Party, who likes to attack TJN from time to time. His speciality is the sneering, ad hominem attack: he has a record of having … [Read more...]
