Ten drivers of inequality in Africa Oxfam How tax inspectors could prevent the next Ebola outbreak The Conversation See also recent blog Tax Inspectors Without Borders – an update Argentina: Courts could dismiss Swiss bank data Buenos Aires Herald Swiss-Indian tax negotiations yield … [Read more...]
Corporate Tax
Fair taxes are key to a fair share for all
Guest blog from the Global Alliance for Tax Justice Growing inequality within and between countries has become one of the defining issues of our age. It seems a week cannot go by without another damning report looking at the size and harmful consequences of this pervasive problem. … [Read more...]
Links Oct 16
Financing for development: What actions are needed on debt and illicit capital flows? Bretton Woods Project Debt and Development Coalition Ireland says government playing musical chairs on corporate tax and government failed to tackle bank debt See also: Ireland ends one era of abuse – and … [Read more...]
African low income countries demand fair share of tax
From Tove Maria Ryding at Eurodad, via email: At a media event in Washington last week, finance ministers of francophone low-income countries (DRC and Cameroon) demanded a "fair share of global tax revenues" and a "high-level meeting under UN auspices". … [Read more...]
TJN Africa takes Kenya government to court over Mauritius treaty
Kenya's Star newspaper is reporting that TJN-Africa has gone to the High Court in Nairobi to stop a double tax treaty between Kenya and Mauritius, which is supposed to come into effect in July 2015. Not only do tax treaties with tax havens like Mauritius often allow multinational corporations to … [Read more...]
Links Oct 10
Kenya: Lobby sues Treasury CS over 'illegal' tax deal with Mauritius Business Standard Lawsuit filed by Tax Justice Network - Africa ActionAid Asks European Investment Bank to Publish Report on Mopani Tax Evasion Zambia Reports Joint press release circulated by organisations ActionAid Zambia, … [Read more...]
How Finland’s tax treaties contradict its development policies
Update for tax treaty aficionados: we are reminded that the Vienna Institute for International Dialogue and Cooperation (VIDC) published this study of Austrian tax treaties in April: Austrian Tax Treaties signed with Developing Countries - a Legal and Economic Analysis. From Finnwatch, a report … [Read more...]
Direct corporate welfare costs UK taxpayers £85bn a year
We recently remarked on the good work done by Good Jobs First in highlighting state-level corporate welfare in the United States. Greg Leroy of Good Jobs First also points is towards the work by the Pew Charitable Trusts to bring more transparency to federal-level subsidies and spending. Now, from … [Read more...]
TJN Australia demands more corporate transparency on tax
Today's edition of the Brisbane Times carries a Comment from TJN Australia's redoubtable campaigner, Dr Mark Zirnsak, responding to the backlash to the recent report on corporate tax avoidance by Australian companies. … [Read more...]
Links 9 Oct
Australian Treasurer Joe Hockey says tax cheats are 'thieves' The Sydney Morning Herald See also: ATO alleges complex Chevron scheme slashed tax bill by $258m The Sydney Morning Herald Khodorkovsky’s Contradictions The Komisar Scoop Some searching questions on offshore shell games. 56 … [Read more...]
China taking multinational corporations to task on tax
This has been brewing for some time. An extensive audit has begun in China of transnational corporations (TNCs) shifting profits for service fees and management fees that are paid to related parties, often in tax havens offshore. … [Read more...]
Publishing tax breaks and subsidies for corporations – a good idea whose time has come
The indefatigable US-based organisation Good Jobs First has sent a fascinating email, which relates to the United States but could have general relevance for other countries. This one is located at the fascinating, busy intersection between tax and transparency. The intro: "For many years, we at … [Read more...]
Tax and corporate responsibility in Denmark – new report
The Danish organisation IBIS has just released a new report on tax and corporate responsibility, as part of its wider Tax Dialogue project on corporate responsibility. It maps the policies and practice with regards to corporate tax and CSR among some of the most influential corporates and investors … [Read more...]
On taxing multinationals: latest scorecard for the OECD BEPS project
The OECD's Base Erosion and Profit Shifting (BEPS) process is the pre-eminent global attempt to try and stop multinational corporations running rings around the world's tax authorities. We have argued before that the OECD, a club of rich countries, has not sufficiently taken the interests of … [Read more...]
Links Oct 7
ActionAid Says Mines Arm Twisting Zambia Over Tax Refunds allAfrica See also: ActionAid Accuses Glencore of Strong-Arm Tactics allAfrica Get ready for UK extractive industries disclosure rules The FCPA Blog Indian, Swiss tax authorities expected to meet over controversial 'HSBC list' The … [Read more...]
